ProShares Ultra Utilities
UPW
New York Stock Exchange Arca23.84
USD
-0.58
- -
CIK
0001174610
ISIN
US74347R6852
CUSIP
74347R685
Return %
Stock
S&P500
1Y
19.56
19.01
3Y
65.10
65.48
5Y
57.78
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Ger Rabbette
- Full Time Employees
- 3,212
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Feb 1, 2007
- CIK
- 0001174610
- Website
- uniphar.com
- Similar Companies
- Business
- ProShares Ultra Utilities (UPW) seeks daily investment results that correspond to two times (2x) the daily performance of the S&P Utilities Select Sector Index before fees and expenses. The fund invests principally in derivatives including swap agreements with major global financial institutions such as UBS AG, Societe Generale, Goldman Sachs International, Citibank NA, and Bank of America NA; equity securities of utilities companies including NextEra Energy Inc., Constellation Energy Corp., Southern Co., Duke Energy Corp., and others; and money market instruments such as U.S. Treasury bills and repurchase agreements. Launched on January 30, 2007, and domiciled in the United States with ProShares Trust headquartered in Bethesda, Maryland, the fund targets investors seeking leveraged exposure to U.S. utilities companies across electric utilities, gas utilities, multi-utilities, water utilities, and independent power and renewable electricity producers; it lists on NYSE Arca with options available, quarterly distributions, a net expense ratio of 0.95% through September 30, 2026, and daily rebalancing to maintain its 2x leverage objective. In recent operational changes, UPW underwent a 4-for-1 forward stock split, resulting in holders receiving four shares for every one previously held; the prospectus was updated as of September 26, 2025, reconfirming investment strategies and fee waivers, while performance data reflects year-to-date NAV returns of approximately 33.66% as of late 2025 amid heightened utilities sector volatility.
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