URSP

ProShares Ultra S&P 500 Equal Weight

$39.27

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The ProShares Ultra S&P 500 Equal Weight ETF (URSP) seeks to provide 2x the daily return of the S&P 500 Equal Weight Index, before fees and expenses.

Overview

ETF tracking ProShares Ultra S&P 500 Equal Weight

Category Leveraged

Issuer ProShares

Inception Date 2025-08-27

Market Cap $50.7M

Average Volume N/A

Dividend Yield 0.05%

52-Week Range $38.66 - $41.39

VWAP $39.40

Performance

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Investment Summary

📎 Investment Objective

The ProShares Ultra S&P 500 Equal Weight ETF (URSP) seeks to provide 2x the daily return of the S&P 500 Equal Weight Index, before fees and expenses.

🎯 Investment Strategy

URSP uses derivatives, such as swaps and futures contracts, to provide leveraged exposure to the S&P 500 Equal Weight Index. The fund aims to amplify the daily performance of this index, which gives equal weight to each of the 500 constituent companies.

✨ Key Features

Provides 2x the daily return of the S&P 500 Equal Weight Index
Uses derivatives to achieve leveraged exposure
Equal-weighted index provides diversification across sectors
Suitable for short-term, tactical exposure to the S&P 500

⚠️ Primary Risks

Leveraged funds can experience significant volatility and losses, especially over longer holding periods
Derivative instruments used to achieve leverage introduce counterparty and liquidity risks
Tracking error can occur due to the daily reset of leverage
Investors can lose their entire investment in a short period of time

👤 Best For

URSP is best suited for experienced, risk-tolerant investors seeking short-term, speculative exposure to the S&P 500 with the potential for amplified gains and losses. It is not recommended for long-term buy-and-hold investors or those with a low risk tolerance.