- What are the top holdings of UPW?
- ProShares Ultra Utilities holds 38 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does UPW have?
- UPW holds 38 positions as reported by the fund's most recent disclosure.
- What sectors does UPW invest in?
- ProShares Ultra Utilities (UPW) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is UPW most exposed to?
- UPW's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is UPW a US-only fund?
- The country allocation card on this page shows UPW's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does UPW invest in?
- UPW provides 2x leveraged exposure to the S&P Utilities Select Sector Index, a market cap-weighted index of US utilities companies drawn exclusively from the S&P 500. The index includes the following GICS industries: electric, gas, water, and multi-utilities, independent power, and renewable electricity producers. UPW is designed as a short-term trading vehicle, not a long-term investment. It holds swap agreements and resets on a daily basis. As a result, compounding and path dependency make long-term returns difficult to predict when compared with the performance of its underlying index. Prior to March 20, 2023, the fund tracked the Dow Jones US Utilities Index.
