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Beacon

URSPProShares Ultra S&P 500 Equal Weight

Grow my moneyNewRanked #2,514 of 2,998 in this goal

Seeks daily investment results that correspond to 2x the daily performance of the S&P 500 Equal Weight Index.

By ProShares · Launched 2025

Annual Cost

0.95%

#4,882 of 5,861 · expensive

Fund Size

$30M

#4,162 of 5,861 · small

Return (1Y)Goal

N/A

Track Record

12 months

#4,593 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$12,493+24.9%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Index tracked

S&P 500 Equal Weight Index

What it actually holds

By weight

Concentration

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

N/A
7.0%
Repurchase Agreement
1.3%
N/A
0.8%
Repurchase Agreement
0.7%
Repurchase Agreement
0.7%
Repurchase Agreement
0.4%
Repurchase Agreement
0.4%
Sandisk Corp.
0.4%
Repurchase Agreement
0.3%
Repurchase Agreement
0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-15.7%Moderate

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 the S&P 500 Equal Weight Index.
Strategy
Invests in equity securities and derivatives to achieve daily returns consistent with the Daily Target of 2x the S&P 500 Equal Weight Index. The Fund rebalances daily to maintain leveraged exposure to the Index, which measures the performance of the largest U.S. companies on an equal weight basis.
Inception date
August 25, 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 2026-08-04