UCYB

ProShares Ultra Nasdaq Cybersecurity ETF

$58.53

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The ProShares Ultra Nasdaq Cybersecurity ETF (UCYB) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the Nasdaq CTA Cybersecurity Index.

Overview

ETF tracking ProShares Ultra Nasdaq Cybersecurity ETF

Category Technology

Issuer ProShares

Inception Date 2021-01-21

Market Cap $4.7M

Average Volume N/A

Dividend Yield 1.67%

52-Week Range $37.52 - $64.70

VWAP $58.40

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The ProShares Ultra Nasdaq Cybersecurity ETF (UCYB) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the Nasdaq CTA Cybersecurity Index.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to achieve its 2x daily leverage objective. It does not invest directly in the securities that make up the underlying index.

✨ Key Features

Provides 2x the daily performance of the Nasdaq CTA Cybersecurity Index
Focuses on companies involved in the cybersecurity industry
Utilizes leveraged investment techniques to amplify index returns
Suitable for experienced, risk-tolerant investors with a short-term horizon

⚠️ Primary Risks

Significant volatility and risk of loss due to the leveraged nature of the fund
Potential for divergence from the target 2x daily performance objective
Exposure to the cybersecurity industry, which may be subject to rapid changes and competition
Liquidity risks and trading costs associated with the fund's investment strategies

👤 Best For

This ETF is designed for experienced, risk-tolerant investors with a short-term investment horizon who are seeking to amplify their exposure to the cybersecurity industry. It is not suitable for conservative or long-term investors due to the high volatility and leveraged nature of the fund.