USD

ProShares Ultra Semiconductors

$106.11

+0.00%

Market closed. Last update: 12:00 PM ET

📎 Investment Objective

The ProShares Ultra Semiconductors ETF (USD) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Dow Jones U.S. Semiconductor Index.

Overview

ETF tracking ProShares Ultra Semiconductors

Category Leveraged

Issuer ProShares

Inception Date 2008-11-12

Market Cap $1.6B

Average Volume N/A

Dividend Yield 0.30%

52-Week Range $29.19 - $127.00

VWAP $103.08

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The ProShares Ultra Semiconductors ETF (USD) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Dow Jones U.S. Semiconductor 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 semiconductor stocks.

✨ Key Features

Provides 2x the daily performance of the Dow Jones U.S. Semiconductor Index
Utilizes derivatives to achieve its leveraged exposure
Resets daily, so longer-term returns may not match 2x the index
Very small asset size and no trading history

⚠️ Primary Risks

Significant daily volatility and risk of losses due to leverage
Potential for divergence from 2x index performance over time
Counterparty risk associated with derivative instruments
Lack of trading history and low assets under management

👤 Best For

This ETF is intended for experienced, risk-tolerant investors with a short-term trading horizon who seek to magnify their exposure to the semiconductor industry. It is not suitable for long-term buy-and-hold investors due to the daily resetting of leverage.