ProShares Ultra S&P 500 Equal Weight ETF (URSP) Sharpe Ratio

Sharpe ratio is not yet available for URSP. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares ProShares Ultra S&P 500 Equal Weight ETF's Sharpe Ratio with other ETFs in the Leveraged Equities, S&P 500, Equal Weight category across multiple time periods, showing how URSP's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 18, 2026.

Symbol	Name	1Y Sharpe Ratio
MUU	Direxion Daily MU Bull 2X Shares	18.17
MULL	GraniteShares 2x Long MU Daily ETF	16.98
INTW	GraniteShares 2x Long INTC Daily ETF	5.15
CPSP	Calamos S&P 500 Structured Alt Protection ETF - April	4.63
DLLL	GraniteShares 2x Long DELL Daily ETF	4.04
PMMY	PGIM S&P 500 Max Buffer ETF - May	3.83
LABU	Direxion Daily S&P Biotech Bull 3x Shares	3.79
XTAP	Innovator U.S. Equity Accelerated Plus ETF	3.78
PILL	Direxion Daily Pharmaceutical & Medical Bull 3X Shares	3.59
ASMG	Leverage Shares 2X Long ASML Daily ETF	3.38
URSP	ProShares Ultra S&P 500 Equal Weight ETF	—

Benchmark

S&P 500 Index

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Historical Sharpe Ratio

The chart shows URSP's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when URSP consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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