UXI

ProShares Ultra Industrials

$44.66

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The ProShares Ultra Industrials ETF (UXI) seeks to provide 2x the daily return of the Dow Jones U.S. Industrials Index, before fees and expenses.

Overview

ETF tracking ProShares Ultra Industrials

Category Leveraged

Issuer ProShares

Inception Date 2008-11-12

Market Cap $25.0M

Average Volume N/A

Dividend Yield 0.82%

52-Week Range $27.40 - $47.28

VWAP $44.74

Performance

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Investment Summary

📎 Investment Objective

The ProShares Ultra Industrials ETF (UXI) seeks to provide 2x the daily return of the Dow Jones U.S. Industrials Index, before fees and expenses.

🎯 Investment Strategy

UXI uses a combination of financial instruments, such as futures contracts and swaps, to provide leveraged exposure to the performance of the underlying index. The fund aims to magnify the daily returns of the industrials sector.

✨ Key Features

Provides 2x the daily performance of the Dow Jones U.S. Industrials Index
Utilizes leverage to amplify exposure to the industrials sector
Resets daily, so longer-term performance may differ from the target multiple
Relatively low assets under management and expense ratio

⚠️ Primary Risks

Significant volatility and risk of loss due to the leveraged nature of the fund
Potential for divergence between the fund's daily return and the underlying index's long-term performance
Liquidity risk and trading costs associated with the use of derivatives
Concentration in the industrials sector, which may be subject to specific market risks

👤 Best For

UXI is best suited for experienced, risk-tolerant investors seeking to make short-term, speculative bets on the performance of the industrials sector. Due to the leveraged nature of the fund, it is not recommended for long-term buy-and-hold strategies or investors with a low risk tolerance.