Logic loves history - Industrial Stocks (3x)Triple leveraged ETF of Industrial stocks
Notice the increases in price have gotten lower and faster overtime. This may provide for a more accurate target
Key stats
About ProShares Ultra Industrials
Expense ratio
0.95%
Home page
Inception date
Jan 30, 2007
UXI makes a bullish bet on the broad US industrial sector. The fund offers 2x daily exposure to the S&P Industrials Select Sector Index, a market cap-weighted index of US industrial companies drawn exclusively from the S&P 500. The index includes the following GICS industries: aerospace and defense, building products, construction and engineering, electrical equipment, industrial conglomerates, machinery, trading companies and distributors, commercial services and supplies, professional services, air freight and logistics, passenger airlines, marine and ground transportation, and transportation infrastructure. UXI 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, long-term returns could materially differ from those of the underlying index due to daily compounding. Prior to March 20, 2023, the fund tracked the Dow Jones US Industrials Index.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Transportation
Cash
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.