- CUSIP
- 74349Y431
- Issuer
- ProShares
- Inception Date
- Aug 6, 2025
- Category
- Leveraged Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
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Performance
CRCA Performance Chart
ProShares Ultra CRCL (CRCA) is down 5.7% since the beginning of the year. CRCA is currently trading at $38 per share.
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Returns By Period
ProShares Ultra CRCL
- 1D
- -7.63%
- 1M
- -8.37%
- YTD
- -5.71%
- 6M
- -7.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
CRCA Monthly Returns History
Based on dividend-adjusted daily data since Aug 7, 2025, CRCA's average daily return is -0.14%, while the average monthly return is -9.06%.
Historically, 27% of months were positive and 73% were negative. The best month was Feb 2026 with a return of +49.1%, while the worst month was Nov 2025 at -64.3%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 6 months.
On a daily basis, CRCA closed higher 47% of trading days. The best single day was Feb 25, 2026 with a return of +70.2%, while the worst single day was Mar 24, 2026 at -40.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -39.11% | 49.07% | 13.24% | -15.96% | 38.50% | -21.18% | -5.71% | ||||||
| 2025 | -29.89% | -6.57% | -15.73% | -64.29% | -7.72% | -81.81% |
Benchmark Metrics
ProShares Ultra CRCL has an annualized alpha of -83.19%, beta of 6.17, and R2 of 0.15 versus S&P 500 Index. Calculated based on daily prices since August 08, 2025.
- This ETF tended to rise when S&P 500 Index fell (downside capture of -2241.33%), but participation in market rallies was also limited (-217.93%) - a profile typical of counter-cyclical assets.
- R2 of 0.15 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -83.19%
- Beta
- 6.17
- R²
- 0.15
- Upside Capture
- -217.93%
- Downside Capture
- -2,241.33%
Expense Ratio
CRCA has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ProShares Ultra CRCL (CRCA) and compare them to S&P 500 Index.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Dividends
Dividend History
ProShares Ultra CRCL provided a 1.84% dividend yield over the last twelve months, with an annual payout of $0.70 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.70 | $0.43 |
Dividend yield | 1.84% | 1.06% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares Ultra CRCL. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.00 | $0.27 | ||||||
| 2025 | $0.21 | $0.00 | $0.00 | $0.22 | $0.43 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Ultra CRCL. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares Ultra CRCL was 94.02%, occurring on Feb 5, 2026. The portfolio has not yet recovered.
The current ProShares Ultra CRCL drawdown is 84.81%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -94.02%Feb 2026 | 5mo 26d | — | 9mo 24dAug 2025 - now |
Drawdown Indicators
| CRCA | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.02% | -56.78% | -37.24% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -84.81% | 0.00% | -84.81% |
Average DrawdownAverage peak-to-trough decline | -69.17% | -10.72% | -58.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.97% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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