ULE

ProShares Ultra Euro

ULE Fund Description

The ProShares Ultra Euro ETF attempts to provide a 2x leveraged returns to the daily performance of the euro spot price against the US dollar.

ULE Factset Analytics Insight

ULE offers 2x leveraged exposure to the USD/EUR cross. For daily positive moves in the euro against the dollar, the fund gains by 2x. Still, it isn’t designed to be a long-term investment. Rather, ULE is a short-term trading vehicle that’s rebalanced daily. The fund’s long-term returns may differ significantly from the performance of the euro against the dollar—a result of the effects of path dependency and compounding. Also, keep in mind that ULE references the USD/EUR cross as cited by the Wall Street Journal—a value that may differ from other quoting sources. It also holds futures contracts, and as a result, distributes a K-1 during tax time. With very few assets, it’s tough to call ULE an investor favorite. Its volume is anemic, if not prohibitive to those wishing to trade shares at fair prices.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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TOP OF BOOK
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LAST 10 TRADES
TIMEPRICESHARES
09:55:1916.92500
09:55:1916.92500
09:55:1916.92500
09:52:4716.92100
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Bats BZX Real-time Quote - 21:00:56
Daily Spread
Premium/Discount
Volume

ULE Factset Analytics Block Liquidity

As of 12/11/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of ULE. ULE is rated a 5 out of 5.

ULE Summary Data

ProShares
11/25/08
Commodities Pool
1.01%
$9.29M
0.14%

ULE Portfolio Data

0.00%
12/26/17

ULE Index Data

USD/EUR Exchange Rate
Single Asset
Single Asset
N/A

ULE Fund Structure

Yes
N/A
No Policy
N/A
N/A
High
2
Daily

ULE Tax Exposures

27.84%
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Yes

ULE Tradability

29,005
$484.61K
10,671
$181.17K
0.14%
-0.05%
2.6% / -0.41%
None
50,000
0.21
0.06%
214
$16.85
5