Key stats
About ProShares Ultra Consumer Staples
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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.
ISIN
US74347R7686
UGE is a levered product that provides 2x daily exposure to a market cap-weighted index representing the consumer staples sector of the S&P 500. The underlying index, which is an S&P Select Sector Index, includes food & staples retailing, food, beverage & tobacco, and household & personal products. The fund is not a buy-and-hold ETF, its a short-term tactical instrument. Like many levered funds, it promises 2x exposure only for one day. Over longer periods, returns can vary significantly from 2x exposure to its underlying index. Holding it for a period longer than that will introduce the effects of compounding, even if this is less pronounced in a non-leveraged product. Prior to March 20, 2023, the fund traded as the Proshares Ultra Consumer Goods and tracked the Dow Jones U.S. Consumer Goods Index.
Related funds
Classification
What's in the fund
Exposure type
Consumer Non-Durables
Retail Trade
Cash
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
UGE trades at 17.99 USD today, its price has fallen −0.69% in the past 24 hours. Track more dynamics on UGE price chart.
UGE net asset value is 17.96 today — it's fallen 6.21% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
UGE assets under management is 7.78 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
UGE price has fallen by −4.82% over the last month, and its yearly performance shows a −10.55% decrease. See more dynamics on UGE price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.21% over the last month, showed a −2.80% decrease in three-month performance and has decreased by −9.91% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.21% over the last month, showed a −2.80% decrease in three-month performance and has decreased by −9.91% in a year.
UGE fund flows account for −3.62 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
UGE invests in stocks. See more details in our Analysis section.
UGE expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, UGE is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, UGE technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating UGE shows the neutral signal. See more of UGE technicals for a more comprehensive analysis.
Today, UGE technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating UGE shows the neutral signal. See more of UGE technicals for a more comprehensive analysis.
Yes, UGE pays dividends to its holders with the dividend yield of 1.94%.
UGE trades at a premium (0.17%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
UGE shares are issued by ProShare Advisors LLC
UGE follows the Consumer Staples Select Sector Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 30, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.