UPRO
UPRO is an exchange-traded fund (ETF) that aims to provide three times (3x) the daily return of the S&P 500 Index. It is a leveraged ETF designed to amplify the daily performance of the S&P 500, both on the upside and downside.
Asset Summary
Loading summary…
Asset Performance Metrics and Risk Characteristics:
Metrics below use daily returns for Jan 1, 2026 – Sep 10, 2026 (YTD).
Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.
1 Month Trailing Return
-5.03%
Represents the percentage change in asset value over the past month.
3 Month Trailing Return
12.63%
Indicates the percentage change in asset value over the last three months.
Period Max Drawdown
26.57%
The highest percentage drop from the peak value to the lowest point during the observed period.
Standard Deviation
40.76%
Shows how much the asset’s daily returns deviate from the average, annualized for the entire period.
Sharpe Ratio
0.96
Measures the average return earned in excess of the risk-free rate per unit of volatility, annualized.
Calmar Ratio
1.48
The ratio of the annualized return to the maximum drawdown, reflecting the return per unit of risk.
Asset Technical Analysis
Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. Using indicators such as moving averages, pivot levels, momentum studies, and candlestick pattern scans can clarify trend strength and volatility. The tabs below summarize moving averages, pivots, technical indicators, candlestick patterns, and recent prices for this symbol.
Analysis
Moving Averages
Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:
| Type/Period | |
|---|---|
| SMA | |
| EMA | |
| WMA | |
| WEMA |
- SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
- EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
- WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
- WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.
Enhance Your UPRO Trading Now
Discover unparalleled trading insights with ohlcx.com. Our automated system offers advanced analysis and technical indicators for UPRO, aimed at optimizing your trading decisions. Transform your trading strategy now and get ahead in the market now!
Discover More NowFrequently Asked Questions
-
UPRO is managed by ProShares. The fund uses leverage to seek to achieve three times the daily performance of the S&P 500 Index. This involves using financial derivatives such as futures contracts and swaps to achieve the leveraged exposure. The ETF is rebalanced daily to maintain the 3x leverage ratio.
-
The historical performance of UPRO reflects its goal to provide three times the daily return of the S&P 500 Index. While it can achieve this objective over short periods, the long-term performance may vary due to the effects of leverage, daily rebalancing, and compounding.
-
As of the latest update, UPRO has an expense ratio of approximately 0.92%. This fee covers the costs associated with managing the fund, including the cost of maintaining leverage.
-
Risks associated with UPRO include leverage risk, market risk, and tracking error. The use of leverage can magnify both gains and losses, leading to increased volatility. Daily rebalancing and compounding effects can result in performance deviations from the intended 3x return over longer periods.
-
Similar ETFs to UPRO include ProShares Ultra S&P 500 ETF (SSO), which seeks to provide twice (2x) the daily return of the S&P 500 Index, and Direxion Daily S&P 500 Bull 3x Shares (SPXL), which also aims to deliver three times (3x) the daily performance of the S&P 500 Index.
-
UPRO aims to deliver three times the daily return of the S&P 500 Index. Over short periods, the ETF typically achieves this goal. However, due to daily rebalancing and the effects of compounding, the long-term performance of UPRO may deviate significantly from three times the cumulative return of the S&P 500 Index.
-
UPRO differs from other leveraged ETFs in its specific goal of providing three times the daily return of the S&P 500 Index. Other leveraged ETFs may focus on different indices or offer varying levels of leverage, such as 2x or 4x, and may employ different strategies or underlying assets.
-
Key performance metrics for UPRO include its net asset value (NAV), expense ratio, total return, and tracking error. NAV represents the per-share value of the ETF, the expense ratio is the annual fee charged for managing the fund, total return measures overall performance including dividends, and tracking error shows how closely UPRO tracks its leveraged performance objective.
-
UPRO rebalances its portfolio daily to maintain its 3x leverage ratio relative to the S&P 500 Index. This frequent rebalancing is necessary to achieve the fund’s objective of providing three times the daily return.
-
UPRO distributes dividends on a quarterly basis. These dividends come from the income generated by the underlying securities in the fund's portfolio, adjusted for the ETF’s leveraged position.
Top Market Assets
Discover our curated selection of top-performing exchange-traded funds (ETFs) that represent a diverse range of investment opportunities.
SPY is an exchange-traded fund (ETF) that aims to replicate the performance of the S&P 500 Index. The S&P 500 Index includes 500 of the largest publicly traded companies in the United States, representing a broad cross-section of the U.S. economy.
QQQ is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index. This index includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, primarily focusing on technology and innovation sectors.
DIA is an exchange-traded fund (ETF) that aims to track the performance of the Dow Jones Industrial Average (DJIA). The DJIA is a stock market index consisting of 30 large, publicly traded companies in the United States, representing a broad range of industries.
IWM is an exchange-traded fund (ETF) that seeks to track the performance of the Russell 2000 Index. The Russell 2000 Index measures the performance of the 2,000 smallest stocks in the Russell 3000 Index, representing a broad segment of small-cap U.S. companies.
Disclaimers
The information displayed on this site is sourced from third-party providers and is believed to be reliable. OHLCX has not independently verified this data and does not guarantee its accuracy. Content is for educational and informational purposes only and is not financial or investment advice.
With any investment, your capital is at risk. Past performance is no guarantee of future results. Consult your provider's terms and privacy policies where applicable.
Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.
Securities products are: Not FDIC insured · Not bank guaranteed · May lose value
Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind.