UYMProShares Ultra Basic Materials
UYM Fund Description
UYM provides 2x leveraged exposure to a market-cap-weighted index of companies in the basic materials sector that includes production of certain metals, chemicals and paper products.
UYM Factset Analytics Insight
UYM is a leveraged take on the US basic materials sector. The fund has the same sector exposure as IYM but tracks 2x the underlying index, which include companies that are involved in the production of aluminum, steel, non-ferrous metals, commodity and specialty chemicals, forest and paper products, as well as the mining of precious metals and coal. As a geared product with daily resets, UYM is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding.
UYM Portfolio Data
UYM Index Data
UYM Fund Structure
UYM Tax Exposures
UYM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UYM. UYM is rated a N/A out of 5.