As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, ProShares will likely underperform.
The median price of ProShares for the period between Fri, Apr 26, 2013 and Sun, May 26, 2013 is 93.62 with a coefficient of variation of 4.78. The daily time series for the period is distributed with a sample standard deviation of 4.47, arithmetic mean of 93.5, and mean deviation of 3.74. The ETF received some media coverage during the period.
ProShares Ultra Financials [UYG] is traded in USA and was established in January 29, 2007. The fund is classified under Trading-Leveraged Equity category within ProShares family. This fund at this time have 763.18 M in net assets. ProShares Ultra Financials is currenly generating return of 24.46% with the current yeild of 0.53%, while the total return for the last 3 years was 16.79%.
The fund invests 67.6% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
ProShares Ultra Financials is rated fourth in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Trading-Leveraged Equity category is currently estimated at about 7.57 Billion. ProShares retains roughly 763.18 Million in net asset claiming about 10% of equities under Trading-Leveraged Equity ETF category.
Click "OK" to permanently delete this portfolio. Click "Cancel" if you have changed your mind.
Report was successfully generated.
You can either (1) right-mouth click the image to download it to your local drive or simply (2) copy and paste the
image data below to include picture of this graph on your web page without downloading the image file
Copy and paste above text right to your web page html
Macroaxis is user-driven community of investors. We appreciate any feedback or comment you can provide.
Please fill out our quick survey to help us provide your with a better service and user experience
Most of the functionality on our site is free to use.
However we do provide premium service to sophisticated investors. Our premium subscription will give you unprecedented
capabilities to optimize your portfolios using robust financial analysis toolkit, fast mean-variance optimization engine, and proven portfolio theory