UPWProShares Ultra Utilities
UPW Fund Description
UPW provides 2x leveraged exposure to a price-weighted index that measures the performance of large US utilities companies.
UPW Factset Analytics Insight
UPW is a leveraged take on US utility companies. Like many levered funds, it promises 2x exposure and rebalances daily. Over longer periods, returns can vary significantly from 2x exposure to its underlying index. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index. The product should be considered as a short-term tactical tool, it’s not designed for long-term investors. The underlying index transport much of the elements we use on a daily basis including, electric utilities, gas utilities, multi-utilities and water utilities.
UPW MSCI ESG Analytics Insight
ProShares Ultra Utilities has an MSCI ESG Fund Rating of A based on a score of 7.13 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares Ultra Utilities ranks in the 71st percentile within its peer group and in the 80th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
UPW Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UPW. UPW is rated a N/A out of 5.