ProShares UltraPro S&P500
ProShares Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
ProShares UltraPro S&P500 is a U.S. equity index ETF that tracks the S&P 500 Index. 21% of UPRO’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Features
- Leveraged · Non-diversified
Fund profile
As filed in the prospectus · 2025 Q2
ProShares UltraPro S&P500 (the Fund) seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index (the Index).
The fund seeks daily investment results that correspond to three times the daily performance of the S&P 500 Index using financial instruments including equity securities, swap agreements, and futures contracts, rebalancing its portfolio each day to maintain the targeted leverage. Results over periods longer than a single day will not equal three times the return of the Index. Because the fund may invest in a representative sample of Index securities or in securities not contained in the Index, its daily returns may diverge from three times the Index's daily return.
| Share class | Expense ratio |
|---|---|
| UPRO | 0.91% |
Portfolio turnover 18.00% · as of 2025 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 45.04% |
| Other | 23.92% |
| Derivatives | 23.73% |
| Cash & short-term | 7.17% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Other | 49.6% |
| Information Technology | 17.1% |
| Cash | 5.3% |
| Financials | 5.0% |
| 10 smaller | 23.0% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | ProShares GENIUS Money Market ETF | 23.92% | — | $1.33B | — |
| — | N/A | 21.99% | — | $1.22B | — |
| NVDA | NVIDIA Corp.NVDA | 3.56% | $211.14 | $197.34M | 934.6K |
| AAPL | Apple, Inc.AAPL | 3.18% | $312.06 | $176.21M | 564.7K |
| MSFT | Microsoft Corp.MSFT | 2.32% | $450.24 | $128.59M | 285.6K |
| — | Repurchase Agreement | 1.86% | — | $103.23M | — |
| AMZN | Amazon.com, Inc.AMZN | 1.83% | $270.64 | $101.68M | 375.7K |
| — | N/A | 1.74% | — | $96.46M | — |
| — | U.S. Treasury Bills | 1.71% | — | $94.77M | — |
| GOOGL | Alphabet, Inc.GOOGL | 1.54% | $380.34 | $85.19M | 224.0K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
Top 10 positions are 63.65% of net assets, top 25 76.03%, across 506 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free