- ISIN
- US74347R7769
- CUSIP
- 74347R776
- Issuer
- ProShares
- Inception Date
- Jan 30, 2007
- Region
- Developed Markets (Broad)
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- Dow Jones U.S. Basic Materials Index (200%)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $40M
Share Price Chart
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Performance
UYM Performance Chart
ProShares Ultra Basic Materials (UYM) is up 25.1% since the beginning of the year. UYM is currently trading at $31 per share. Investors who bought $1,000 worth of UYM shares 5 years ago would now be looking at an investment worth $1,182.
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Returns By Period
ProShares Ultra Basic Materials (UYM) has returned 25.08% so far this year and 34.35% over the past 12 months. Over the last ten years, UYM has returned 11.85% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
ProShares Ultra Basic Materials
- 1D
- 2.40%
- 1M
- -0.29%
- YTD
- 25.08%
- 6M
- 32.48%
- 1Y
- 34.35%
- 3Y*
- 13.32%
- 5Y*
- 3.40%
- 10Y*
- 11.85%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
UYM Monthly Returns History
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, an investment would double in approximately 4.6 years.
Historically, 54% of months were positive and 46% 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 17.11% | 16.39% | -12.40% | 5.61% | -2.12% | 1.33% | 25.08% | ||||||
| 2025 | 10.69% | -0.61% | -6.25% | -7.19% | 5.46% | 3.91% | -1.46% | 10.27% | -5.62% | -9.32% | 8.56% | 3.37% | 9.46% |
| 2024 | -7.94% | 12.59% | 12.52% | -9.50% | 5.04% | -6.27% | 8.07% | 3.94% | 4.54% | -6.50% | 2.21% | -21.12% | -8.00% |
| 2023 | 20.70% | -5.19% | -5.15% | -0.82% | -13.69% | 21.94% | 5.89% | -6.86% | -9.78% | -7.69% | 16.58% | 8.29% | 17.47% |
| 2022 | -13.70% | 3.39% | 17.07% | -10.84% | 2.94% | -29.38% | 12.70% | -5.89% | -18.64% | 20.02% | 23.00% | -10.85% | -23.10% |
| 2021 | -4.25% | 7.86% | 17.86% | 8.30% | 12.18% | -11.89% | 3.57% | -0.10% | -13.23% | 16.07% | -2.31% | 16.54% | 54.58% |
Benchmark Metrics
ProShares Ultra Basic Materials has an annualized alpha of -5.27%, 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 251.34% 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 -5.27% 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.
- Alpha
- -5.27%
- Beta
- 2.20
- R²
- 0.71
- Upside Capture
- 251.34%
- Downside Capture
- 193.52%
Expense Ratio
UYM has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
UYM ranks 28 for risk / return — below 28% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ProShares Ultra Basic Materials (UYM) and compare them to S&P 500 Index.
| UYM | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.02 | 2.39 | -1.36 |
Sortino ratioReturn per unit of downside risk | 1.55 | 3.25 | -1.70 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.43 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 3.11 | -1.67 |
Martin ratioReturn relative to average drawdown | 3.95 | 14.38 | -10.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
ProShares Ultra Basic Materials provided a 1.21% 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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.36 | $0.22 | $0.07 | $0.19 | $0.14 | $0.10 | $0.19 | $0.11 | $0.07 | $0.07 | $0.04 |
Dividend yield | 1.21% | 1.47% | 0.98% | 0.28% | 0.88% | 0.52% | 0.56% | 1.24% | 0.94% | 0.38% | 0.55% | 0.42% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.07 | ||||||
| 2025 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.36 |
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.22 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.07 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.14 |
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.
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Worst Drawdowns
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 9.40%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -92.77%Mar 2009 | 8mo 16d | 12y 2mo | 12y 10moJun 2008 - May 2021 |
Bear market2022 | -48.25%Sep 2022 | 5mo 8d | 2y 1d | 2y 5moApr 2022 - Sep 2024 |
2025 selloff2025 | -43.88%Apr 2025 | 5mo 19d | 10mo 2d | 1y 3moOct 2024 - Feb 2026 |
2007 bear market2007 | -31.17%Aug 2007 | 27d | 1mo 24d | 2mo 21dJul 2007 - Oct 2007 |
Financial crisis2007–2009 | -29.04%Jan 2008 | 2mo 24d | 2mo 25d | 5mo 19dOct 2007 - Apr 2008 |
Drawdown Indicators
| UYM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.77% | -56.78% | -35.99% |
Max Drawdown (1Y)Largest decline over 1 year | -23.85% | -9.10% | -14.75% |
Max Drawdown (3Y)Largest decline over 3 years | -43.88% | -18.90% | -24.98% |
Max Drawdown (5Y)Largest decline over 5 years | -48.25% | -25.43% | -22.82% |
Max Drawdown (10Y)Largest decline over 10 years | -73.31% | -33.92% | -39.39% |
Current DrawdownCurrent decline from peak | -9.40% | 0.00% | -9.40% |
Average DrawdownAverage peak-to-trough decline | -42.12% | -10.72% | -31.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.72% | 1.97% | +6.75% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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