UGEProShares Ultra Consumer Goods
UGE Fund Description
UGE provides 2x exposure to a market-cap-weighted index of companies that produce consumer goods such as autos, household products, cosmetics, food and tobacco.
UGE Factset Analytics Insight
UGE is a levered product that provides 2x exposure to an index of stocks in the US consumer goods sector. The fund is not a buy-and-hold ETF, it’s a short-term tactical instrument. Like many levered funds, it promises 2x exposure only for one day. Over longer periods, returns can vary significantly from 2x exposure to its underlying index. Holding it for a period longer than that will introduce the effects of compounding, even if this is less pronounced in a non-leveraged product.
UGE Summary Data
UGE Portfolio Data
UGE Index Data
UGE Fund Structure
UGE Tax Exposures
UGE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UGE. UGE is rated a N/A out of 5.