ProShares Ultra Financials company info

What does ProShares Ultra Financials do?
ProShares Ultra Financials (NYSEARCA:UYG) is an exchange-traded fund (ETF) that aims to provide daily investment results, before fees and expenses, corresponding to two times (2x) the daily performance of the Dow Jones U.S. Financials Index. Primarily focusing on the financial sector, it leverages investments in financial services, banks, insurance companies, and other related industries. By employing financial instruments such as futures, swaps, and other derivatives, it seeks to double the daily performance of its underlying index, making it suited for investors looking for magnified exposure to the financial sector. The objective of ProShares Ultra Financials is to meet or exceed the double performance of its benchmark index, catering to those who have a bullish outlook on the financial industry and are comfortable with the higher risk that leveraged ETFs carry.
ProShares Ultra Financials company media
Company Snapshot

Is ProShares Ultra Financials a public or private company?

key
Ownership
Public

How many people does ProShares Ultra Financials employ?

people
Employees
155

What sector is ProShares Ultra Financials in?

pie chart
Sector
ETF

Where is the head office for ProShares Ultra Financials?

location pin
Head Office
Bethesda, United States

What year was ProShares Ultra Financials founded?

founded flag
Year Founded
2007
What does ProShares Ultra Financials specialise in?
/Exchange Traded Fund /Financial Sector /Leveraged Investment /Equities Exposure /Daily Trading /Market Indexes

What are the products and/or services of ProShares Ultra Financials?

Overview of ProShares Ultra Financials offerings
Leveraged ETFs that aim to provide twice the daily performance of the Dow Jones U.S. Financials Index.
Inverse ETFs designed to offer the opposite of the daily performance of financial indexes.
Sector-focused ETFs targeting specific segments within the broader financial industry for diversified investment options.
ETFs focusing on international financial markets to provide exposure to global banking and financial services.
Risk management solutions incorporating derivatives and other financial instruments to hedge against market volatility.
Educational resources and tools to assist investors in understanding leveraged and inverse ETF strategies.