UYGProShares Ultra Financials
UYG Fund Description
UYG provides 2x leveraged exposure to a market-cap-weighted index of US financial services companies.
UYG Factset Analytics Insight
UYG provides 2x leveraged exposure to the Dow Jones U.S. Financials Index—a total-market, cap-weighted index of US financial firms as classified by Dow Jones. The fund’s fee is expensive relative to the broad landscape of ETFs; however, UYG is not designed to be a long-term investment vehicle, so holding costs are a lesser concern. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index. Despite this, UYG’s asset base is indicative of strong investor interest, while its strong trading volume provides ample liquidity for small and large investors alike.
UYG MSCI ESG Analytics Insight
ProShares Ultra Financials has an MSCI ESG Fund Rating of BBB based on a score of 4.32 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 Financials ranks in the 25th percentile within its peer group and in the 29th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
UYG Charts And Performance
UYG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UYG. UYG is rated a N/A out of 5.