ProShares - Ultra Consumer Discretionary
UCC
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Feb 2, 2007
- CIK
- 0001174610
- Website
- proshares.com
- Similar Companies
- Business
- ProShares Ultra Consumer Discretionary (UCC) seeks daily investment results that correspond to two times (2x) the daily performance of the S&P Consumer Discretionary Select Sector Index before fees and expenses. The fund invests principally in equity securities, including common stocks of consumer discretionary companies; derivatives such as swap agreements with major global financial institutions like UBS AG, Goldman Sachs International, Societe Generale, and BNP Paribas; and money market instruments including U.S. Treasury bills and repurchase agreements. Its portfolio provides leveraged exposure primarily to large-cap growth and value stocks in sectors such as automobiles and components, household durables, leisure products, textiles apparel and luxury goods, hotels restaurants and leisure, diversified consumer services, distributors, broadline retail, and specialty retail, with top holdings including Amazon.com Inc., Tesla Inc., Home Depot Inc., McDonald's Corp., and TJX Companies Inc. Headquartered in Bethesda, Maryland, and part of ProShares Trust, the fund was incepted on January 30, 2007, and is listed on NYSE Arca with options available; it operates in the U.S. public equity markets, targeting investors seeking amplified short-term exposure to the consumer discretionary segment of the S&P 500 Index. The net expense ratio stands at 0.95% after contractual waivers through September 30, 2026, with quarterly distributions and a NAV calculation time of 4:00 p.m. ET. In a major strategic shift announced in January 2023, the fund changed its benchmark from the Dow Jones U.S. Consumer Services Index to the S&P Consumer Discretionary Select Sector Index, accompanied by a name change from ProShares Ultra Consumer Services to ProShares Ultra Consumer Discretionary to better reflect its updated focus. The prospectus was most recently updated on September 26, 2025, incorporating ongoing portfolio management by ProShare Advisors LLC's Michael Neches and Tarak Davé, with daily rebalancing to maintain 2x leveraged exposure. No significant acquisitions, funding rounds, or new product launches have been reported in the last 1-2 years.