UCC

ProShares Ultra Consumer Discretionary

$49.19

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The ProShares Ultra Consumer Discretionary ETF (UCC) seeks to provide 2x the daily return of the S&P Consumer Discretionary Select Sector Index, before fees and expenses.

Overview

ETF tracking ProShares Ultra Consumer Discretionary

Category Leveraged

Issuer ProShares

Inception Date 2008-11-12

Market Cap $15.0M

Average Volume N/A

Dividend Yield 0.92%

52-Week Range $30.67 - $59.20

VWAP $49.00

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The ProShares Ultra Consumer Discretionary ETF (UCC) seeks to provide 2x the daily return of the S&P Consumer Discretionary Select Sector Index, before fees and expenses.

🎯 Investment Strategy

The fund uses derivatives, such as swaps and futures contracts, to provide leveraged exposure to the underlying index. It aims to generate returns that are 2x the daily performance of the index, whether the market is rising or falling.

✨ Key Features

Provides 2x leveraged exposure to the consumer discretionary sector
Utilizes derivatives to achieve its targeted leverage
Resets daily, so longer-term performance may differ from 2x the index
Relatively high expense ratio compared to non-leveraged sector ETFs

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for increased volatility and deviation from 2x the index over longer holding periods
Counterparty risk associated with the derivatives used to achieve leverage
Sector concentration risk as the fund is focused solely on the consumer discretionary sector

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors who understand the risks of leveraged funds and are seeking short-term, speculative exposure to the consumer discretionary sector. It is not recommended for long-term, buy-and-hold investors.