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ProShares Ultra Nasdaq Cloud Computing ETF (SKYU)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347G7887

CUSIP

74347G788

Issuer

ProShares

Inception Date

Jan 19, 2021

Region

North America (U.S.)

Leveraged

2x

Index Tracked

ISE Cloud Computing Index (200%)

Asset Class

Equity

Expense Ratio

SKYU has a high expense ratio of 0.95%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) returned -23.04% year-to-date (YTD) and 17.86% over the past 12 months.


SKYU

YTD

-23.04%

1M

28.34%

6M

-22.29%

1Y

17.86%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

The table below presents the monthly returns of SKYU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202514.49%-16.54%-25.98%-0.16%8.98%-23.04%
20243.22%10.87%0.80%-11.20%-2.22%12.47%-1.67%4.44%8.48%5.10%33.28%-5.69%65.79%
202322.30%-4.19%10.73%-11.42%29.56%9.32%11.16%-1.36%-11.35%-8.67%24.89%14.00%105.75%
2022-22.40%-13.73%11.87%-33.81%-15.96%-15.39%12.02%-6.05%-23.71%10.30%-6.48%-17.62%-75.95%
2021-0.76%2.06%-8.48%10.17%-5.39%15.46%0.20%5.85%-5.89%14.24%-10.05%-6.37%7.15%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SKYU is 48, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SKYU is 4848
Overall Rank
The Sharpe Ratio Rank of SKYU is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of SKYU is 5858
Sortino Ratio Rank
The Omega Ratio Rank of SKYU is 5757
Omega Ratio Rank
The Calmar Ratio Rank of SKYU is 4444
Calmar Ratio Rank
The Martin Ratio Rank of SKYU is 4040
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

ProShares Ultra Nasdaq Cloud Computing ETF Sharpe ratios as of May 11, 2025 (values are recalculated daily):

  • 1-Year: 0.29
  • All Time: -0.14

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of ProShares Ultra Nasdaq Cloud Computing ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

ProShares Ultra Nasdaq Cloud Computing ETF provided a 0.29% dividend yield over the last twelve months, with an annual payout of $0.08 per share.


0.21%$0.00$0.02$0.04$0.06$0.082024
Dividends
Dividend Yield
PeriodTTM2024
Dividend$0.08$0.08

Dividend yield

0.29%0.21%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares Ultra Nasdaq Cloud Computing ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.01$0.00$0.00$0.01
2024$0.03$0.00$0.00$0.04$0.08

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 Nasdaq Cloud Computing ETF. 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 Nasdaq Cloud Computing ETF was 83.01%, occurring on Jan 5, 2023. The portfolio has not yet recovered.

The current ProShares Ultra Nasdaq Cloud Computing ETF drawdown is 51.77%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-83.01%Nov 10, 2021290Jan 5, 2023
-32.3%Feb 10, 202164May 12, 2021111Oct 19, 2021175
-3.51%Jan 27, 20213Jan 29, 20212Feb 2, 20215
-3.46%Oct 26, 20211Oct 26, 20217Nov 4, 20218
-2.52%Nov 5, 20211Nov 5, 20211Nov 8, 20212

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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