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ProShares Ultra Europe (UPV)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347X5260

CUSIP

74347X526

Issuer

ProShares

Inception Date

Apr 30, 2010

Region

Developed Europe (Broad)

Leveraged

2x

Index Tracked

MSCI Europe Index (200%)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

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


Expense ratio chart for UPV: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

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.


Popular comparisons:
UPV vs. EPV UPV vs. HEDJ UPV vs. SPY UPV vs. VGK UPV vs. FEZ UPV vs. XLK UPV vs. SCHF UPV vs. SCHC UPV vs. UDOW UPV vs. UPRO
Popular comparisons:
UPV vs. EPV UPV vs. HEDJ UPV vs. SPY UPV vs. VGK UPV vs. FEZ UPV vs. XLK UPV vs. SCHF UPV vs. SCHC UPV vs. UDOW UPV vs. UPRO

Performance

Performance Chart

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.


100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
115.29%
406.57%
UPV (ProShares Ultra Europe)
Benchmark (^GSPC)

Returns By Period

ProShares Ultra Europe had a return of 5.18% year-to-date (YTD) and 14.52% in the last 12 months. Over the past 10 years, ProShares Ultra Europe had an annualized return of 3.99%, while the S&P 500 had an annualized return of 11.47%, indicating that ProShares Ultra Europe did not perform as well as the benchmark.


UPV

YTD

5.18%

1M

1.67%

6M

-7.96%

1Y

14.52%

5Y (annualized)

3.99%

10Y (annualized)

3.99%

^GSPC (Benchmark)

YTD

27.68%

1M

2.72%

6M

13.90%

1Y

32.81%

5Y (annualized)

14.15%

10Y (annualized)

11.47%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-3.13%4.18%7.16%-5.52%12.15%-6.48%4.54%6.52%0.31%-11.49%-4.05%5.18%
202319.49%-4.04%3.80%7.88%-10.57%7.70%5.22%-8.56%-9.44%-6.88%19.43%10.28%32.16%
2022-7.33%-10.57%-1.27%-10.43%1.77%-19.88%9.62%-14.96%-19.75%16.39%27.30%-4.26%-36.58%
2021-1.83%4.84%6.54%8.83%9.95%-4.08%3.85%3.50%-10.75%10.00%-9.75%10.44%32.38%
2020-6.13%-17.00%-35.28%12.89%11.25%7.33%5.92%9.47%-6.66%-11.59%36.01%9.47%-3.15%
201913.14%5.82%0.07%8.24%-11.61%13.19%-5.50%-3.82%4.41%7.29%2.76%8.33%47.05%
201810.73%-12.71%-0.84%4.89%-5.72%-4.48%7.73%-6.52%-0.58%-15.49%-0.70%-11.45%-32.64%
20175.62%0.68%9.70%8.09%8.37%-1.71%6.09%-0.25%6.66%1.54%-1.36%3.68%57.44%
2016-11.91%-7.27%14.00%6.07%-0.94%-11.05%7.44%1.99%1.01%-5.79%-6.26%9.49%-6.84%
20151.86%11.38%-4.85%7.94%-0.24%-6.19%4.39%-14.29%-8.86%13.90%-3.65%-4.88%-7.18%
2014-9.40%16.29%-2.01%4.69%1.66%-0.78%-8.53%1.43%-7.76%-4.82%4.39%-9.10%-15.74%
20139.32%-6.18%-0.10%9.18%-0.19%-8.76%16.08%-3.16%13.92%8.78%1.83%5.71%52.77%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of UPV is 17, indicating that it is in the bottom 17% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of UPV is 1717
Overall Rank
The Sharpe Ratio Rank of UPV is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of UPV is 1515
Sortino Ratio Rank
The Omega Ratio Rank of UPV is 1414
Omega Ratio Rank
The Calmar Ratio Rank of UPV is 2424
Calmar Ratio Rank
The Martin Ratio Rank of UPV is 1818
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 Europe (UPV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for UPV, currently valued at 0.61, compared to the broader market0.002.004.006.000.612.77
The chart of Sortino ratio for UPV, currently valued at 0.97, compared to the broader market-2.000.002.004.006.008.0010.0012.000.973.66
The chart of Omega ratio for UPV, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.51
The chart of Calmar ratio for UPV, currently valued at 0.59, compared to the broader market0.005.0010.0015.000.593.99
The chart of Martin ratio for UPV, currently valued at 2.22, compared to the broader market0.0020.0040.0060.0080.00100.00120.002.2217.73
UPV
^GSPC

The current ProShares Ultra Europe Sharpe ratio is 0.61. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of ProShares Ultra Europe with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.61
2.77
UPV (ProShares Ultra Europe)
Benchmark (^GSPC)

Dividends

Dividend History

ProShares Ultra Europe provided a 2.17% dividend yield over the last twelve months, with an annual payout of $1.32 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$0.50$1.00$1.50201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018
Dividend$1.32$0.92$0.00$0.00$0.00$0.36$1.44

Dividend yield

2.17%1.56%0.00%0.00%0.00%0.64%3.79%

Monthly Dividends

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.22$0.00$0.00$0.31$0.00$0.00$0.45$0.00$0.00$0.00$0.98
2023$0.00$0.00$0.11$0.00$0.00$0.24$0.00$0.00$0.24$0.00$0.00$0.34$0.92
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2019$0.00$0.00$0.08$0.00$0.00$0.10$0.00$0.00$0.11$0.00$0.00$0.07$0.36
2018$1.44$1.44

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.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-15.82%
0
UPV (ProShares Ultra Europe)
Benchmark (^GSPC)

Worst Drawdowns

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 269 trading sessions.

The current ProShares Ultra Europe drawdown is 15.82%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-67.25%Jan 29, 2018458Mar 18, 2020269Apr 15, 2021727
-58.33%Sep 3, 2021266Sep 27, 2022
-55.02%May 2, 2011140Nov 25, 2011448Sep 18, 2013588
-47.79%Jul 7, 2014481Jun 27, 2016323Dec 21, 2017804
-30.33%May 4, 201024Jun 7, 201034Aug 2, 201058

Volatility

Volatility Chart

The current ProShares Ultra Europe volatility is 7.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
7.48%
2.22%
UPV (ProShares Ultra Europe)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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