(USD) ProShares Ultra - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74347R6696

Etf: Leveraged, Semiconductor, ETF, Index, Daily

Total Rating 77
Risk 68
Buy Signal 0.56

Dividends

Dividend Yield 0.53%
Yield on Cost 5y 4.39%
Yield CAGR 5y 89.23%
Payout Consistency 55.3%
Payout Ratio -
Risk 5d forecast
Volatility 80.3%
Relative Tail Risk 2.61%
Reward TTM
Sharpe Ratio 1.11
Alpha 45.90
Character TTM
Beta 3.511
Beta Downside 3.449
Drawdowns 3y
Max DD 64.46%
CAGR/Max DD 1.77

Description: USD ProShares Ultra January 15, 2026

ProShares Ultra Semiconductors (NYSE ARCA: USD) is a leveraged equity ETF that seeks daily returns equal to twice the performance of a semiconductor-focused index. The fund aims to achieve this by holding financial instruments that together should deliver the “Daily Target” return, with at least 80% of assets invested in index components or economically similar securities. Because it is classified as non-diversified, concentration risk is higher than in broad-market ETFs.

Key sector drivers that can amplify USD’s performance include: (1) the rapid expansion of artificial-intelligence workloads, which in Q1 2024 lifted combined revenue growth for the top five U.S. semiconductor firms to roughly 12% YoY; (2) persistent global chip shortages that have kept inventory levels low, supporting price appreciation for leading fabs; and (3) the leveraged nature of the ETF, which means volatility and compounding effects can cause returns to diverge significantly from a simple 2× multiple over longer periods-especially in choppy markets.

For a data-driven, risk-adjusted deep-dive on USD’s performance characteristics, you may find ValueRay’s analytics worth a look.

What is the price of USD shares?

As of February 08, 2026, the stock is trading at USD 55.66 with a total of 1,584,756 shares traded.
Over the past week, the price has changed by -4.90%, over one month by -0.20%, over three months by +2.62% and over the past year by +85.04%.

Is USD a buy, sell or hold?

ProShares Ultra has no consensus analysts rating.

What are the forecasts/targets for the USD price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 82.6 48.4%

USD Fundamental Data Overview February 04, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.79b USD (1.79b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.79b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.79b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 18.85% (E(1.79b)/V(1.79b) * Re(18.85%) + (debt-free company))
Discount Rate = 18.85% (= CAPM, Blume Beta Adj.) -> capped to 17.85%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for USD ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle