UPV

ProShares Ultra FTSE Europe

$84.69

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The ProShares Ultra FTSE Europe ETF (UPV) seeks to provide 2x the daily performance of the FTSE Developed Europe Index, which tracks large- and mid-cap stocks across 15 developed European markets.

Overview

ETF tracking ProShares Ultra FTSE Europe

Category Leveraged

Issuer ProShares

Inception Date 2010-04-29

Market Cap $9.7M

Average Volume N/A

Dividend Yield 1.64%

52-Week Range $51.98 - $87.15

VWAP $84.51

Performance

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Investment Summary

📎 Investment Objective

The ProShares Ultra FTSE Europe ETF (UPV) seeks to provide 2x the daily performance of the FTSE Developed Europe Index, which tracks large- and mid-cap stocks across 15 developed European markets.

🎯 Investment Strategy

The fund uses swaps and other derivatives to provide leveraged exposure to the FTSE Developed Europe Index. It aims to deliver twice the daily returns of the index, before fees and expenses.

✨ Key Features

Provides 2x leveraged exposure to European equities
Tracks the FTSE Developed Europe Index, a broad benchmark of large- and mid-cap stocks
Utilizes derivatives to achieve its leveraged objective
Suitable for experienced investors with a high risk tolerance

⚠️ Primary Risks

Significant volatility and risk of losses, especially over longer holding periods
Potential for divergence from the target 2x leverage due to compounding effects
Counterparty risk associated with the derivative instruments used
Exposure to currency fluctuations between the U.S. dollar and European currencies

👤 Best For

The ProShares Ultra FTSE Europe ETF is best suited for experienced, sophisticated investors with a high risk tolerance who seek short-term, leveraged exposure to European equity markets. It is not recommended for long-term buy-and-hold investors or those with a low risk appetite.