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UPRO

ProShares UltraPro S&P 500

3X daily leveraged S&P 500 ETF. Same daily compounding decay issues as TQQQ. For short-term tactical use only.

TER
0.91%
AUM
$3B
CAGR
32.3%
Volatility
45.8%
Max Drawdown
-62.7%
Data Range
2009-06 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD0.0%
Worst DD-62.7%
Worst date2022-09

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return29.7%
Best72.6%
Worst-4.4%
% positive99%
167 periods

Backtest Data Proxy

3X leveraged ETF: daily compounding decay. NOT suitable for long-term comparison.

Key Facts

ISIN
US74347X6318
Issuer
ProShares
Benchmark
S&P 500 Index (3X Daily)
Total Expense Ratio (TER)
0.91%
Assets Under Management
$3B approx.
Inception Date
2009-06-23
Domicile
United States
Legal Structure
Open-Ended Fund
Dividend Policy
Distributing (pays dividends)
Replication Method
Synthetic (Swap-Based)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
~503
Backtest this ETFOfficial Fund Page

Who Is This ETF For?

General portfolio building block for the asset class it covers.

Key Risks to Consider

Market risk: equity values can drop 30-50% in severe bear markets.

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

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Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), ProShares (metadata)Last verified: 2026-04-17