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ProShares Ultra Consumer Discretionary

UCC
$
Today’s Change
()

Snapshot
*

Inception Date
Jan 30, 2007
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$189,957
AUM
$14,809,954
Associated Index
S&P Consumer Discretionary Select Sector Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

Net Other Assets (Liabilities)
22.26%
AMZN
Amazon.com Inc.
17.48%
TSLA
Tesla Inc
15.22%
MCD
McDonald`s Corp
3.57%
HD
Home Depot, Inc.
3.41%
LOW
Lowe`s Cos., Inc.
3.15%
NKE
Nike, Inc. - Ordinary Shares - Class B
2.84%
BKNG
Booking Holdings Inc
2.79%
SBUX
Starbucks Corp.
2.74%
TJX
TJX Companies, Inc.
2.62%

What is UCC?

ProShares Ultra Consumer Discretionary seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Consumer Discretionary Select Sector Index.

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ETFs related toUCC

ETFs correlated to UCC include FDIS, VCR, IYC

UCC
ProShares Trust - ProShares Ultra Consumer Discretionary
FDIS
Fidelity Covington Trust - Fidelity MSCI Consumer Discretionary Index ETF
VCR
Vanguard Group, Inc. - Vanguard Consumer Discretionary ETF
IYC
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Discretionary ETF
XLY
SSgA Active Trust - Consumer Discretionary Select Sector SPDR
CGGR
Capital Group Companies Inc - Capital Group Growth ETF
SFY
Tidal ETF Trust - SoFi Select 500 ETF
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
ESGV
Vanguard Group, Inc. - Vanguard ESG U.S. Stock ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

UCC is a US Equities ETF. ProShares Ultra Consumer Discretionary seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Consumer Discretionary Select Sector Index.

UCC tracks the S&P Consumer Discretionary Select Sector Index.

No, UCC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, UCC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on UCC is -0.0205%. This is the percent change in the value of UCC over the most recent 1-month period. The 3-month return on UCC is -0.0422%. This is the percent change in the value of UCC over the most recent 3-month period.

The standard deviation of UCC for the past year is 0.4281%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to UCC include WANT, SCC, and TQQQ.

ETFs correlated to UCC include FDIS, VCR, and IYC.

ETFs that are inversely correlated to UCC include SDS, SPDN, and SPXS.

Yes, UCC is a Leveraged (2x) ETF: This means that UCC will try to match the performance of S&P Consumer Discretionary Select Sector Index, but with 2x the returns.

No, UCC is not an inverse ETF.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

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