Key stats
About ProShares Ultra FTSE Europe
Expense ratio
0.95%
Home page
Inception date
Apr 29, 2010
UPV is designed to be used as a tactical tool to make a 1-day 2x bet on developed Europe equities. The fund specifically tracks the daily performance of the FTSE Developed Europe All Cap Index, a broad, market-cap-weighted index of securities from Europes developed markets. As a geared product with daily resets, UPV is not a buy-and-hold ETF. As a result, long-term returns can vary significantly from those of the underlying index due to daily compounding. The fund made a minor tweak to its exposure on September 1, 2016 by changing its underlying index to an all-cap version, thereby expanding coverage into the small-cap space.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%