Key stats
About ProShares Ultra Materials
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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.
UYM provides 2x leveraged exposure on a daily basis to the S&P Materials Select Sector Index, a market cap-weighted index that could include companies involved in the production of aluminum, steel, non-ferrous metals, commodity and specialty chemicals, forest and paper products, as well as the mining of precious metals and coal. The daily distinction is critical, since the fund will start to drift from its 2x target returns over periods of greater than one day. Because of that, the fund's return for periods longer than a day becomes path-dependent and is likely to be different from 2x the return of the index for the same period. As a geared product with daily resets, UYM is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding. Prior to Mar. 20, 2023, the fund was called ProShares Ultra Basic Materials ETF that tracked the Dow Jones U.S. Basic Materials 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
Process Industries
Non-Energy Minerals
Cash
Stocks69.25%
Process Industries49.61%
Non-Energy Minerals17.79%
Consumer Non-Durables1.85%
Bonds, Cash & Other30.75%
Cash30.75%
Stock breakdown by region
North America75.61%
Europe24.39%
Latin America0.00%
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
UYM invests in stocks. The fund's major sectors are Process Industries, with 49.61% stocks, and Non-Energy Minerals, with 17.79% of the basket. The assets are mostly located in the North America region.
UYM last dividends amounted to 0.09 USD. The quarter before, the issuer paid 0.06 USD in dividends, which shows a 34.03% increase.
UYM assets under management is 36.54 M USD. It's risen 10.58% over the last month.
UYM fund flows account for −3.91 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, UYM pays dividends to its holders with the dividend yield of 1.08%. The last dividend (Jul 1, 2025) amounted to 0.09 USD. The dividends are paid quarterly.
UYM 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.
UYM expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
UYM follows the Materials Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UYM invests in stocks.
UYM price has risen by 6.31% over the last month, and its yearly performance shows a −1.34% decrease. See more dynamics on UYM price chart.
NAV returns, another gauge of an ETF dynamics, showed a 27.47% increase in three-month performance and has increased by 0.42% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 27.47% increase in three-month performance and has increased by 0.42% in a year.
UYM trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.