SSO ETF — ProShares Ultra S&P500

ProShares Ultra S&P500 (SSO)

SSO is an ETF. As of August 21, 2026, its distribution rate is 0.73%, its trailing-12-month yield is 0.64%, its expense ratio is 0.87%. Dividend Vision Distribution Safety Score™ is 88/100 (Safe). Fund total return is 1829.8% over the past 20.2 years, 1045.2 points ahead of SPY at 784.6%.

At the current 0.73% distribution rate, a $10,000 investment would generate approximately $73 per year, or $6.08 per month on an equivalent basis. Actual quarterly payments vary.

ProShares Ultra S&P 500 is an ETF that seeks daily returns twice those of the S&P 500 through leveraged exposure to the 500 largest U.S. companies, using financial instruments to amplify performance. The fund carries a low distribution rate and distributes quarterly, with an expense ratio of 0.87%. It appeals primarily to tactical traders and experienced investors seeking amplified equity market exposure over short time periods, rather than long-term income investors.

SSO performance versus SPY

Data as of August 21, 2026.

Fund total return is 1829.8% over the past 20.2 years, 1045.2 points ahead of SPY at 784.6%. Its deepest 1-year drawdown was 18.2%.

SSO key facts

Data as of August 21, 2026.

Distribution Safety Score™

88 · Safe

Safety-Adjusted Yield

0.64%

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

06/19/2006

Expense ratio

0.87%

Distribution rate

0.73%

Distribution frequency

Quarterly

Trailing yield

0.64%

Last close

$70.15

AUM

$8,412,759,227

Average volume

1968000.0

Last dividend

$0.1283

Ex-dividend date

06/24/2026

Payment date

06/30/2026

Beta

2.04

P/E ratio

26.1346

Forward P/E

88.1139

How Dividend Vision calculates yield and returns

Distribution rate (0.73%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.64%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 21, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 21, 2026.

Primary sources: ProShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SSO risks and drawbacks

SSO's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 18.2%.

Who may consider SSO — and who may not

SSO may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (SSO pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare SSO

SSO vs similar funds:

• SSO vs VOO

Frequently asked questions

More funds from ProShares.