ULE:ARCA-ProShares Ultra Euro (USD)

ETF | Trading--Miscellaneous | NYSE Arca

Last Closing

USD 11.16

Change

0.00 (0.00)%

Market Cap

USD 0.01B

Volume

9.33K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks results for a single day that match (before fees and expenses) two times (2x) the daily performance of the U.S. dollar price of the euro. The fund invests principally in any one of or combinations of Financial Instruments, including swap agreements, futures contracts or forward contracts with respect to the applicable fund?s benchmark to the extent determined appropriate by the Sponsor. It will also hold cash or cash equivalents such as U.S. Treasury securities or other high credit quality, short-term fixed-income or similar securities for direct investment or as collateral for Financial Instruments.

Inception Date: 24/11/2008

Primary Benchmark: EUR/USD TR USD

Primary Index: BofAML USD LIBOR 3 Mon CM

Gross Expense Ratio: 0.95%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-28 )

Largest Industry Peers for Trading--Miscellaneous

Symbol Name Mer Price(Change) Market Cap
YCS ProShares UltraShort Yen 0.95 %

+0.35 (+0.39%)

USD 0.04B
YCL ProShares Ultra Yen 0.95 %

-0.03 (-0.14%)

USD 0.04B
EUO ProShares UltraShort Euro 0.95 %

-0.19 (-0.60%)

USD 0.04B
PFFL ETRACS 2xMonthly Pay Leveraged.. 0.00 %

+0.18 (+1.97%)

USD 9.55M

ETFs Containing ULE

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Miscellaneous) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -5.70% 40% F 21% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -5.70% 40% F 20% F
Trailing 12 Months  
Capital Gain -5.82% 60% D- 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -5.82% 40% F 19% F
Trailing 5 Years  
Capital Gain -21.68% 60% D- 25% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -21.68% 60% D- 16% F
Average Annual (5 Year Horizon)  
Capital Gain -2.99% 60% D- 27% F
Dividend Return -2.99% 60% D- 15% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 15.03% 100% F 69% C-
Risk Adjusted Return -19.91% 60% D- 16% F
Market Capitalization 0.01B 20% F 5% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.