The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of materials companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Frequently asked questions
What is the ProShares Ultra Basic Materials (UYM) expense ratio?
The ProShares Ultra Basic Materials funds expense ratio is 0.95%.
What is ProShares Ultra Basic Materials (UYM) current stock price?
As of the latest data, ProShares Ultra Basic Materials stock price is $29.76, with a previous close of $29.60. ProShares Ultra Basic Materials gained $0.16 in the last trading session, representing a 0.53% increase.
Does ProShares Ultra Basic Materials (UYM) pay dividends?
Yes. ProShares Ultra Basic Materials pays quarterly dividends with an annualized yield of 1.12% and an estimated annual payout of $0.33 per share.