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SKYUProShares Ultra Nasdaq Cloud Computing

Take a bet5y track recordRanked #781 of 995 in this goal

Seeks daily investment results that correspond to 2x the daily performance of the ISE CTA Cloud Computing Index.

By ProShares · Launched 2021

Annual Cost

0.95%

#5,033 of 6,040 · expensive

Fund Size

$7M

#5,171 of 6,040 · small

Return (1Y)

+29.8%

Track Record

5 years

#2,254 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,625+26.3%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Index tracked

ISE CTA Cloud Computing Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

Repurchase Agreement
6.3%
N/A
3.9%
Arista Networks, Inc.
3.4%
Alphabet, Inc.
3.2%
Repurchase Agreement
3.1%
Repurchase Agreement
3.1%
CoreWeave, Inc.
3.0%
Amazon.com, Inc.
3.0%
MongoDB, Inc.
2.7%
Nutanix, Inc.
2.6%

Asset allocation

Stocks
80.1%
Cash
13.6%
Other
6.3%

By sector

Technology
90.5%
Communication
5.5%
Consumer Cyclical
3.1%
Healthcare
0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
60.2%High

Year-on-year price swings

Max drawdown
-83.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.84Decent risk-adjusted returns
Sortino (3Y)
1.23Good downside protection

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results that correspond to 2x the daily performance of the ISE CTA Cloud Computing Index.
Strategy
Invests in common stocks of companies in the cloud computing industry, aiming for 2x daily returns via derivatives like swaps. The Fund rebalances daily to maintain leveraged exposure to the Index.
Inception date
January 19, 2021
Fund family
ProShares

Next steps

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Data updated on 2026-09-18