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CRCAProShares Ultra CRCL

Take a betNewRanked #188 of 806 in this goal

Seeks daily investment results that correspond to 2x the daily performance of Circle Internet Group, Inc.

By ProShares · Launched 2025

Annual Cost

0.95%

#4,700 of 5,606 · expensive

Fund Size

$228M

#2,228 of 5,606 · mid-size

Return (1Y)Goal

N/A

Track Record

10 months

#4,663 of 5,606 · young

Performance

Total-return NAV · USD
Growth of $10,000
$789-92.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-94.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to 2x the daily performance of Circle Internet Group, Inc.
Strategy
Invests in financial instruments to achieve daily returns consistent with the Daily Target, aiming for 2x exposure to the Class A common shares of Circle Internet Group, Inc. Uses derivatives and money market instruments to maintain this leverage.
Inception date
August 6, 2025
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-29