ProShares Ultra Basic Materials (UYM)

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The chart shows the growth of an initial investment of $10,000 in ProShares Ultra Basic Materials, 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 Basic Materials (UYM) has returned 19.41% so far this year and 26.73% over the past 12 months. Over the last decade, UYM has posted an annualized return of 12.56%, slightly higher than the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since Feb 1, 2007, UYM's average daily return is +0.07%, while the average monthly return is +1.27%. At this rate, your investment would double in approximately 4.6 years.

Historically, 53% of months were positive and 47% were negative. The best month was Oct 2011 with a return of +39.7%, while the worst month was Oct 2008 at -51.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, UYM closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +23.5%, while the worst single day was Oct 15, 2008 at -24.7%.

ProShares Ultra Basic Materials has an annualized alpha of -3.92%, beta of 2.20, and R² of 0.71 versus S&P 500 Index. Calculated based on daily prices since February 02, 2007.

• This ETF captured 260.60% of S&P 500 Index gains and 193.52% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This ETF had an annualized alpha of -3.92% versus S&P 500 Index — delivering less than market exposure alone would predict.
• Beta of 2.20 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

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

UYM ranks 36 for risk / return — below 36% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

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

ProShares Ultra Basic Materials provided a 1.27% dividend yield over the last twelve months, with an annual payout of $0.37 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for ProShares Ultra Basic Materials. 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 Basic Materials. 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 Basic Materials was 92.77%, occurring on Mar 2, 2009. Recovery took 3064 trading sessions.

The current ProShares Ultra Basic Materials drawdown is 13.51%.

The chart below shows the rolling one-month volatility.