UYG ETF — ProShares Ultra Financials

ProShares Ultra Financials (UYG)

Updated October 16, 2026.

UYG is an ETF. its distribution rate is 0.41%, its trailing-12-month yield is 11.52%, its expense ratio is 0.93%. Dividend Vision Distribution Safety Score™ is 70/100 (Generally safe). Total return is 3.2% over the past 19.7 years, 653.4 points behind SPY at 656.6%.

ProShares Ultra Financials is an ETF that seeks daily returns matching twice the performance of financial companies in the S&P 500 Index through leveraged exposure to those securities. The fund carries a modest distribution rate and pays distributions quarterly, with an expense ratio of 0.93%. It appeals primarily to tactical traders and leveraged income investors seeking amplified exposure to the financial sector, though the leverage mechanism and non-diversified structure introduce elevated risk compared to traditional equity funds.

UYG performance versus SPY

Price and return data through 2026-10-16.

Total return is 3.2% over the past 19.7 years, 653.4 points behind SPY at 656.6%. Over the past year its total return — price change plus distributions reinvested — is 9.9%. Its deepest 1-year drawdown was 28.9%.

UYG key facts

Distribution Safety Score™

70 · Generally safe

Safety-Adjusted Yield

0.29%

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

01/30/2007

Expense ratio

0.93%

Distribution rate

0.41%

Distribution frequency

Quarterly

Trailing yield

11.52%

Last close

$90.16 (as of 2026-10-16)

AUM

$744,760,676

Average volume

15625.0

Dividend

$0.093

Ex-dividend date

09/23/2026

Payment date

09/29/2026

Beta

1.56

How Dividend Vision calculates yield and returns

Distribution rate (0.41%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (11.52%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

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.

UYG risks and drawbacks

UYG'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. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 28.9%.

Who may consider UYG — and who may not

It is a weaker fit for investors who need monthly cash flow (UYG pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on UYG

• All tickers starting with U

Tagged: Leverage.

Frequently asked questions

More securities from ProShares.