ProShares Ultra Consumer Goods (UGE) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UGE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UGE
UGE charges 0.95% annually. There are 92 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | UGE vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | UGE vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | UGE vs SPUU | |
| Leverage Shares 2X Long ARM Daily ETF | 0.75% | 75.08M | Jan 2025 | UGE vs ARMG | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | 23.74M | Jan 2025 | UGE vs TSMG |
Best Risk-Adjusted Alternatives to UGE
UGE has a PortfoliosLab risk / return rank of 8. There are 158 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | UGE vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | UGE vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | UGE vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | UGE vs XTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | 97 | 22.99B | Mar 2010 | UGE vs SOXL |
Top Performing UGE Alternatives (YTD)
UGE is at 9.38% YTD. There are 159 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 932.29%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MRVL Daily ETF | 932.29% | 568.50M | Mar 2025 | UGE vs MVLL | |
| Leverage Shares 2X Long ARM Daily ETF | 841.05% | 75.08M | Jan 2025 | UGE vs ARMG | |
| Direxion Daily MU Bull 2X Shares | 798.37% | 3.44B | Oct 2024 | UGE vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 774.91% | 1.11B | Nov 2024 | UGE vs MULL | |
| GraniteShares 2x Long DELL Daily ETF | 758.72% | 101.08M | Feb 2025 | UGE vs DLLL |
Lowest Volatility Alternatives to UGE
UGE has 24.97% 1-year volatility. There are 25 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.68% | 22.62M | Apr 2021 | UGE vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | UGE vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.42% | 13.32M | Jul 2021 | UGE vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 9.99% | 22.12M | Jul 2021 | UGE vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.54% | 68.42M | Apr 2021 | UGE vs XDSQ |
Lowest Drawdown Alternatives to UGE
UGE has a 1-year max drawdown of -18.95%. There are 23 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | UGE vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | UGE vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | UGE vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | UGE vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | UGE vs XDSQ |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 10 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 71 | 61.91% | 39.77B | Feb 2010 | UGE vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -28.44% | 1.70B | Oct 2021 | UGE vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 70 | 40.66% | 14.46B | Jun 2006 | UGE vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 66 | 29.29% | 5.55B | Jun 2009 | UGE vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 67 | 20.20% | 8.38B | Jun 2006 | UGE vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 25 | 4.61% | 11.07B | Oct 2013 | UGE vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 89 | 103.32% | 3.05B | Jan 2007 | UGE vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 0 | -44.43% | 2.23B | Feb 2010 | UGE vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -23.07% | 398.99M | Oct 2011 | UGE vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -55.56% | 446.55M | Apr 2024 | UGE vs BITU |
Often Compared With UGE
Investors most often compare UGE with XLP, COST, MSFT. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare UGE with Any Fund or Stock
Compare UGE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UGE with funds that move differently
ProShares Ultra Consumer Goods alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UGE.
Explore UGE Diversifiers