DV
Dividend Vision

ULE — ProShares Ultra Euro

ProShares Ultra Euro (ULE)

ULE pays a 0.00% distribution rate, on a 0.98% expense ratio. Total return is -50.1% over the past 17.7 years, 1202.7 points behind SPY at 1152.6%. Its deepest 1-year drawdown was 11.6%.

ProShares Ultra Euro is a leveraged ETF that seeks daily investment results equal to twice (2x) the performance of the euro relative to the U.S. dollar, making it designed for traders seeking amplified currency exposure rather than income generation. The fund carries a 0.98% expense ratio and produces no dividend distributions, reflecting its focus on currency appreciation rather than yield. This ETF appeals to short-term traders and currency speculators seeking leveraged euro exposure, not to income-focused investors.

ULE key facts

Issuer
ProShares
Asset type
ETF
Asset class
Equity
Inception date
11/24/2008
Expense ratio
0.98%
Distribution rate
0.00%
Last close
$12.66
AUM
$4,408,989
Average volume
4536.0