ProShares Ultra Europe (UPV)

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The chart shows the growth of an initial investment of $10,000 in ProShares Ultra Europe, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

ProShares Ultra Europe (UPV) has returned -4.34% so far this year and 33.34% over the past 12 months. Over the last ten years, UPV has returned 10.05% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since May 7, 2010, UPV's average daily return is +0.07%, while the average monthly return is +1.28%. At this rate, your investment would double in approximately 4.5 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2020 with a return of +36.0%, while the worst month was Mar 2020 at -35.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, UPV closed higher 52% of trading days. The best single day was May 10, 2010 with a return of +17.4%, while the worst single day was Mar 12, 2020 at -22.4%.

ProShares Ultra Europe has an annualized alpha of -5.41%, beta of 1.78, and R² of 0.60 versus S&P 500 Index. Calculated based on daily prices since May 10, 2010.

• This ETF captured 202.75% of S&P 500 Index gains and 188.66% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This ETF had an annualized alpha of -5.41% versus S&P 500 Index — delivering less than market exposure alone would predict.
• Beta of 1.78 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

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

UPV ranks 51 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for ProShares Ultra Europe (UPV) and compare them to a chosen benchmark (S&P 500 Index).

ProShares Ultra Europe provided a 2.39% dividend yield over the last twelve months, with an annual payout of $2.05 per share. The fund has been increasing its distributions for 2 consecutive years.

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

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.

The table below displays the maximum drawdowns of the ProShares Ultra Europe. 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 Europe was 67.25%, occurring on Mar 18, 2020. Recovery took 271 trading sessions.

The current ProShares Ultra Europe drawdown is 17.49%.

The chart below shows the rolling one-month volatility.