Overview
Description
ProShares UltraPro S&P 500 is a leveraged exchange-traded fund that seeks daily investment results corresponding to three times the daily performance of the S&P 500 Index. It is designed to provide amplified exposure to large-cap U.S. equities through a portfolio that uses financial instruments such as swaps and futures alongside equity holdings. The fund is used by market participants seeking short-term, tactical access to broad U.S. stock market movements. Its holdings are tied to companies across major sectors of the economy, making it a concentrated tool for expressing views on the overall direction of U.S. large-cap stocks. ProShares UltraPro S&P 500 is managed by ProShares and is part of the firm’s leveraged and inverse ETF lineup.
About
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Instrument type
ETF
Country
United States
MIC code
IEXG