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About ProShares Ultra Utilities
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Inception date
Jan 30, 2007
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
UPW provides 2x leveraged exposure to the S&P Utilities Select Sector Index, a market cap-weighted index of US utilities companies drawn exclusively from the S&P 500. The index includes the following GICS industries: electric, gas, water, and multi-utilities, independent power, and renewable electricity producers. UPW is designed as a short-term trading vehicle, not a long-term investment. It holds swap agreements and resets on a daily basis. As a result, compounding and path dependency make long-term returns difficult to predict when compared with the performance of its underlying index. Prior to March 20, 2023, the fund tracked the Dow Jones US Utilities Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Utilities
Cash
Stocks72.64%
Utilities72.64%
Bonds, Cash & Other27.36%
Cash20.62%
Government6.73%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UPW last dividends amounted to 0.33 USD. The quarter before, the issuer paid 0.52 USD in dividends, which shows a 55.20% decrease.
UPW assets under management is 16.19 M USD. It's fallen 9.40% over the last month.
UPW fund flows account for −2.04 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, UPW pays dividends to its holders with the dividend yield of 1.74%. The last dividend (Apr 1, 2025) amounted to 0.33 USD. The dividends are paid quarterly.
UPW shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jan 30, 2007, and its management style is Passive.
UPW expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
UPW follows the Utilities Select Sector Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UPW invests in stocks.
UPW price has risen by 1.66% over the last month, and its yearly performance shows a 22.54% increase. See more dynamics on UPW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.27% over the last month, showed a 8.24% increase in three-month performance and has increased by 22.31% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.27% over the last month, showed a 8.24% increase in three-month performance and has increased by 22.31% in a year.
UPW trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.