ProShares UltraPro S&P500 (UPRO) ETF Analysis

Fund Overview

ProShares UltraPro S&P500 (UPRO) is an exchange-traded fund in the Trading--Leveraged Equity category. The fund is issued by ProShares. The inception date on file is June 23, 2009. The fund holds $5.45B in total net assets. Annual costs run at an expense ratio of 0.89%. On a $10,000 position that is $89.00 a year.

Its biggest positions are NVIDIA Corp (NVDA), Apple Inc (AAPL), and Microsoft Corp (MSFT). NVIDIA Corp alone accounts for 5.12% of the portfolio.

Performance Analysis

UPRO last closed at $151.88 on September 4, 2026. The trailing one-year price return is +47.62%. The stored price history starts on February 7, 2025, and the total return since then is +63.44%. The fund distributes at a trailing yield of 0.72%. The provider also reports a 3 years average return of +48.19%.

So far in 2026 the price is +31.20%.

Price & Risk Profile

The 52-week range on file runs from $88.15 to $158.63. The latest close sits 72.3% above that 52-week low. Annualized volatility over the trailing 1 year is 38.36%. The reported beta is 3.11. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.