Name of ETF: ProShares Ultra Consumer Services
Benchmark Index: Dow Jones U.S. Consumer Services Index
Ticker Symbol: UCC
Approximate Number of Stocks in this ETF: 180
Daily Target: 2x
Leveraged ETF: This ETF is a leveraged ETF which means the ETF attempts to produce daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 2x (200%). This means the ETF is seeking a daily target equal to 200% of the benchmark index.
Types of Stocks Included in this ETF: A selection of large, mid and small-sized publicly traded U.S. companies which provide consumer services. Examples of these types of companies are:
- Walt Disney (DIS)
- Comcast Corporation (CMCSA)
- Home Depot (HD)
- Amazon (AMZN)
- McDonald’s (MCD)
- Starbucks (SBUX)
- Lowe’s (LOW)
- Time Warner (TWX)
- Nike (NKE)
Industries with the Most Representation: The types of companies that have the most representation (largest weight) in this ETF historically have been:
- Retailing
- Media
- Food and Staples Retailing
Leverage Risk: Leveraged ETFs are widely regarded as instruments for sophisticated investors only. Substantial losses can occur in a short period of time. Leveraged ETFs should only be used by experienced investors who understand leverage risk and are willing to monitor their positions.
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