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ETFs

ProShares Ultra Semiconductors

USD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 30 2007
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$4,571,158
AUM
$269,817,768
Associated Index
Dow Jones U.S. Semiconductors Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NVDA
NVIDIA Corp
32.92%
n/a
Net Other Assets (Liabilities)
13.72%
AVGO
Broadcom Inc
10.96%
AMD
Advanced Micro Devices Inc.
4.98%
TXN
Texas Instruments Inc.
4.66%
INTC
Intel Corp.
4.59%
QCOM
Qualcomm, Inc.
3.85%
AMAT
Applied Materials Inc.
3.66%
ADI
Analog Devices Inc.
2.82%
LRCX
Lam Research Corp.
2.64%
Invest with USD

What is USD?

ProShares Ultra Semiconductors seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductors Index.

ETFs related toUSD

ETFs correlated to USD include SMH, SOXQ, SOXX

USD
ProShares Trust - ProShares Ultra Semiconductors 2X Shares
SMH
VanEck ETF Trust - VanEck Semiconductor ETF
SOXQ
Invesco Exchange-Traded Fund Trust II - Invesco PHLX Semiconductor ETF
SOXX
BlackRock Institutional Trust Company N.A. - iShares Semiconductor ETF
SOXL
Direxion Shares ETF Trust - Direxion Daily Semiconductor Bull 3X Shares
PSI
Invesco Capital Management LLC - Invesco Semiconductors ETF
FTXL
First Trust Exchange-Traded Fund III - First Trust Nasdaq Semiconductor ETF
XSD
SPDR Series Trust - SPDR Semiconductors ETF
QTUM
ETF Series Solutions Trust - Defiance Quantum ETF
QTEC
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Technology Sector Index Fund
IXN
BlackRock Institutional Trust Company N.A. - iShares Global Tech 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.

Automated Strategies
Related toUSD

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with USD using Composer

FAQ

USD is a US Equities ETF. ProShares Ultra Semiconductors seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductors Index.

USD tracks the Dow Jones U.S. Semiconductors Index.

No, USD 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, USD 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 USD is -0.109%. This is the percent change in the value of USD over the most recent 1-month period. The 3-month return on USD is -0.0454%. This is the percent change in the value of USD over the most recent 3-month period.

The standard deviation of USD for the past year is 0.7156%. 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 USD include SSG, SSO, and SPXL.

ETFs correlated to USD include SMH, SOXQ, and SOXX.

ETFs that are inversely correlated to USD include SOXS, NVDS, and TECS.

Yes, USD is a Leveraged (2x) ETF: This means that USD will try to match the performance of Dow Jones U.S. Semiconductors Index, but with 2x the returns.

Yes, USD is a Leveraged (2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of Dow Jones U.S. Semiconductors Index, but move 2x in the opposite direction.

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.