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NYSE Arca · Trading--Leveraged Equity · USD · ETF

ProShares UltraPro S&P500 (UPRO) ETF Analysis

UPRO
Expense ratio 0.88% Yield 0.77% Assets $5.28B Since June 23, 2009 Family ProShares

Last Updated: October 21, 2026

$152.01
+$2.43 (+1.62%)

October 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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UPRO Annualized Returns

PeriodAnnualized$100 becomes
1 year+35.72%$135.72
3 years+58.94%$401.54
5 years+18.81%$236.69
10 years+29.78%$1,355.79

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

UPRO Return by Calendar Year

2016 and 2026 are partial years

View as table ↓View as chart ↑
YearReturn
2026 (partial year)+32.13%
2025+31.88%
2024+63.57%
2023+68.53%
2022−56.84%
2021+98.64%
2020+10.09%
2019+102.30%
2018−25.11%
2017+71.38%
2016 (partial year)+9.18%

UPRO Monthly Returns

−49%+38%
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+3.3−3.6−15.7+33.2+15.5−4.7−1.1+7.1−2.0+3.4——
2025+6.7−5.0−17.6−8.7+18.2+14.9+5.9+4.9+9.9+5.8−0.7−0.9
2024+3.5+14.7+8.8−13.0+14.3+9.8+1.8+5.1+5.1−4.1+17.4−8.4
2023+18.1−8.7+9.4+3.6−0.2+19.1+8.9−6.4−14.7−7.9+28.1+12.9
2022−15.9−9.9+10.1−25.4−2.1−24.9+28.6−13.3−26.9+23.1+14.4−17.7
2021−3.7+7.7+13.3+16.2+1.4+6.6+6.9+9.0−13.9+21.9−2.7+13.2
2020−0.9−23.0−48.1+37.2+13.4+3.2+17.7+22.0−12.3−8.5+35.2+11.1
2019+23.9+9.3+4.8+11.8−18.9+21.4+3.8−6.6+5.3+5.7+10.7+8.4
2018+18.2−13.5−8.7−0.1+6.5+1.3+10.7+9.1+1.2−20.8+4.3−26.2
2017+5.1+11.9−0.2+2.8+3.7+1.5+5.9+0.2+5.7+6.8+8.9+3.5

Monthly total returns with dividends reinvested; each cell prints its signed value.

UPRO Volatility & Risk

Volatility: 10 yrs · Beta: 3 yrs
Annualized volatility
53.80%
Beta (3y)
3.13
Best year
+102.30%

2019

Worst year
−56.84%

2022

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

# Symbol Name Weight
1 IQMM ProShares GENIUS Money Market ETF 21.33%
2 NVDA NVIDIA Corp 3.98%
3 AAPL Apple Inc 3.5%
4 MSFT Microsoft Corp 2.74%

Analysis

Data-derived

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 $5.28B in total net assets. Annual costs run at an expense ratio of 0.88%. On a $10,000 position that is $88.00 a year.

Its biggest positions are ProShares GENIUS Money Market ETF (IQMM), NVIDIA Corp (NVDA), and Apple Inc (AAPL). ProShares GENIUS Money Market ETF alone accounts for 21.33% of the portfolio.

Performance Analysis

UPRO last closed at $152.01 on October 21, 2026. The trailing one-year total return is +35.72%. Across 10 years the annualized return works out at +29.78%. The fund distributes at a trailing yield of 0.77%.

The strongest complete calendar year on file is 2019 at +102.30%; the weakest is 2022 at −56.84%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the total return is +32.13%.

Price & Risk Profile

The 52-week range on file runs from $88.15 to $158.63. The latest close sits 72.44% above that 52-week low. Annualized volatility over the trailing 10 years is 53.8%. The reported beta is 3.13. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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