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This article describes an exchange traded fund that tracks an index, commodity, currency, or varied basket of securites. View articles referencing this fund. |
Proshares Ultra Utilities (UPW) is an Exchange Traded Fund (ETF) that seeks to mimic the daily investment results, before fees and expenses, corresponding to twice the daily performance of the Dow Jones US Utilities Index. In other words, if this underlying index declines by 1% for the day, the NAV of UPW will more or less decline by 2%, before fees and expenses. In the same manner, if this underlying index rises by 1% for the day, the NAV of UPW rises by 2% as well.
Inception Date: 01/30/07
The principal investment strategies of this fund include:
Investment Advisory Fee: | 0.75% |
Distribution and Service (12b-1) Fee: | 0.00% |
Other Expenses: | 0.86% |
Total Annual Fund Operating Expenses: | 1.61% |
Fee Waivers / Reimbursements: | -0.66% |
Total Net Annual Fund Operating Expenses: | 0.95% |
Company | Weight |
---|---|
Exelon Corp. | 8.78% |
Southern Co. | 5.97% |
Dominion Resources | 4.98% |
FPL Group Inc. | 4.74% |
Duke Energy Corp. | 4.58% |
Public Service Enterprise | 3.90% |
Firstenergy Corp. | 3.88% |
PG&E Corp. | 3.38% |
Entergy Corp. | 3.28% |
American Electrical Power | 3.16% |
ETF Name | ETF Name | Fund Manager |
iShares Dow Jones U.S. Utilities Sector Index Fund (IDU) | iShares Dow Jones U.S. Utilities Sector Index Fund (IDU) | ishares |
iShares S&P Global Utilities Sector Index Fund (JXI) | iShares S&P Global Utilities Sector Index Fund (JXI) | ishares |
Powershares Dynamic Utilities Portfolio ETF (PUI) | Powershares Dynamic Utilities Portfolio ETF (PUI) | Invesco PowerShares |
Powershares Dynamic Utilities Portfolio ETF (PUI) | Powershares Dynamic Utilities Portfolio ETF (PUI) | Invesco PowerShares |
ProShares Ultra Utilities ETF (UPW) | ProShares Ultra Utilities ETF (UPW) | InvescoPoweshares |
ProShares Ultra Utilities ETF (UPW) | ProShares Ultra Utilities ETF (UPW) | InvescoPoweshares |
ProShares UltraShort Utilities ETF (SDP) | ProShares UltraShort Utilities ETF (SDP) | ProShares ETFs |
ProShares UltraShort Utilities ETF (SDP) | ProShares UltraShort Utilities ETF (SDP) | ProShares ETFs |
Rydex S&P Equal Weight Utilities ETF (RYU) | Rydex S&P Equal Weight Utilities ETF (RYU) | Rydex ETF Trust |
SPDR S&P International Utilities Sector ETF (IPU) | SPDR S&P International Utilities Sector ETF (IPU) | State Street Global Markets, LLC |
Utilities Select Sector SPDR Fund (XLU) | Utilities Select Sector SPDR Fund (XLU) | State Street Global Markets, LLC |
Vanguard Utilities ETF (VPU) | Vanguard Utilities ETF (VPU) | Vanguard Group, Inc. |
WisdomTree International Utilities Sector Fund (DBU) | WisdomTree International Utilities Sector Fund (DBU) | WisdomTree Investments, Inc. |
Company Website: http://www.proshares.com
Categories: ETF | Topic | Utilities ETFs | Stock ETFs | ProShares ETFs