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UCYBProShares Ultra Nasdaq Cybersecurity

Take a bet5y track recordRanked #644 of 775 in this goal

Seeks daily investment results of 200% of the daily performance of the Nasdaq CTA Cybersecurity Index.

By ProShares · Launched 2021

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$7M

#4,920 of 5,562 · small

Return (1Y)Goal

+16.6%

Track Record

5 years

#2,285 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,594+15.9%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Information technology

Index tracked

Nasdaq CTA Cybersecurity Index

What it actually holds

By weight

Concentration

Top 10 holdings = 67.8% of fundconcentrated

Repurchase Agreement
18.7%
Repurchase Agreement
13.0%
Repurchase Agreement
11.3%
N/A
5.6%
Repurchase Agreement
4.5%
Repurchase Agreement
4.5%
Repurchase Agreement
3.4%
Repurchase Agreement
3.4%
Repurchase Agreement
2.2%
N/A
1.1%

Asset allocation

Other
46.7%
Stocks
32.5%
Cash
20.8%

By sector

Technology
95.1%
Industrials
4.8%
Communication
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
51.1%High

Year-on-year price swings

Max drawdown
-62.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.81Decent risk-adjusted returns
Sortino (3Y)
1.15Good downside protection

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results of 200% of the daily performance of the Nasdaq CTA Cybersecurity Index.
Strategy
Invests primarily in financial instruments to achieve 2x daily exposure to the Nasdaq CTA Cybersecurity Index. Focuses on companies in the cybersecurity sector, selected based on market cap and liquidity, with semi-annual rebalancing.
Inception date
January 19, 2021
Fund family
ProShares

Our take

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

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

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

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

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 2026-06-19