ProShares Ultra Utilities (UPW)
- Expense ratio0.93%
- Net assets$12.6M
- Dividend yield2.03%
- 1-year return-12.20%
- Holdings31
UPW ETF price chart
UPW quote & trading statistics
UPW performance
Annual returns & drawdowns →- YTD-2.14%
- 1 year-12.20%
- 3 years+26.51%/yr
- 5 years+7.43%/yr
- 10 years+10.20%/yr
- 1Y volatility
- 34.73%
- 3Y volatility
- 29.82%
- 3Y Sharpe ratio
- 0.53
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
UPW top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | NEE | Nextera Energy Inc | 8.00% |
| 2 | SO | Southern Company | 5.07% |
| 3 | DUK | Duke Energy Corporation | 4.59% |
| 4 | CEG | Constellation Energy Corp | 3.85% |
| 5 | AEP | American Electric Power Co Inc | 3.38% |
| 6 | D | Dominion Energy Inc | 2.71% |
| 7 | SRE | Sempra Energy | 2.67% |
| 8 | ETR | Entergy Corporation | 2.40% |
| 9 | XEL | Xcel Energy Inc | 2.32% |
| 10 | EXC | Exelon Corporation | 2.22% |
The top 10 holdings make up 37.2% of the fund (31 holdings in total). As of October 25, 2026.
About ProShares Ultra Utilities
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of utilities companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
UPW ETF FAQ
What is the UPW expense ratio?
ProShares Ultra Utilities has a net expense ratio of 0.93%, or $93.00 a year for every $10,000 invested.
How much money is in UPW?
ProShares Ultra Utilities has about $12.6M in net assets.
What are the top holdings of UPW?
The largest positions in UPW are Nextera Energy Inc (8.00%), Southern Company (5.07%), Duke Energy Corporation (4.59%). The fund holds 31 securities in total.
How has UPW performed?
UPW returned -12.20% over the past year and +7.43% a year over the past five years, including reinvested distributions.
Does UPW pay dividends?
UPW has a dividend yield of 2.03% and pays distributions quarterly.
When was UPW launched?
ProShares Ultra Utilities began trading on January 30, 2007.
ETFs similar to UPW
Funds that track the same index or whose top-10 holdings overlap most with UPW's. Overlap: shared top-10 weight as a share of the larger top-10 total of the two funds.
| Symbol | Fund | Overlap | Expense ratio | Net assets | 1-year return |
|---|---|---|---|---|---|
| UPW | ProShares Ultra Utilities | — | 0.93% | $12.6M | -12.20% |
| JXI | iShares Global Utilities ETF | 78% | 0.45% | $343.4M | +4.24% |
| IDU | iShares U.S. Utilities ETF | 68% | 0.38% | $1.39B | -1.88% |
| VPU | Vanguard Utilities ETF | 67% | 0.09% | $7.94B | -6.65% |
| FUTY | Fidelity MSCI Utilities ETF | 66% | 0.08% | $2.03B | -3.20% |
| XLU | Utilities Select Sector SPDR Fund | 63% | 0.08% | $23.81B | -2.99% |
| TRUU | VanEck Utilities TruSector ETF | 59% | — | — | — |
| SDP | ProShares UltraShort Utilities | 57% | 0.94% | $2.0M | -46.04% |