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As of September 27, 2026, ProShares UltraPro S&P 500 (UPRO) trades at $152.20. RSI at 50 is in neutral territory, and the price is above its 50-day average of $147.82.

ProShares UltraPro S&P 500 (UPRO)

ProShares UltraPro S&P 500 NYSE

$152.20 2.210 (1.47%)
At close: Sep 25, 4:00 PM EDT
AI Analyst Consensus
Buy
75 / 100
ProShares UltraPro S&P 500 (UPRO) is a leveraged ETF designed to deliver three times the daily performance of the S&P 500 Index. As of September 2026, the fund is trading at $152.20, with its Year-to-Date return standing at 30.44%. The fund's strategy involves using financial instruments like swaps and futures to amplify exposure to large-cap U.S. equities, making it a tool for short-term, tactical acts on the broad U.S. stock market. Its sector allocation is heavily weighted towards Technology (38.67%), followed by Financial Services (12.08%) and Communication Services (9.50%), reflecting the composition of the S&P 500 itself.

UPRO Price Analysis

Market Metrics

Open
$150.73
Day Range
$149.33 to $152.79
Prev Close
$149.99
Volume
1.82M
52-Week Range
$88.15 to $158.63

UPRO Fund Facts

ProShares UltraPro S&P 500 is a leveraged exchange-traded fund that seeks daily investment results corresponding to three times the daily performance of the S&P 500 Index. It is designed to provide amplified exposure to large-cap U.S. equities through a portfolio that uses financial instruments such as swaps and futures alongside equity holdings. The fund is used by market participants seeking short-term, tactical access to broad U.S. stock market movements.

Issuer
ProShares
Category
Trading--Leveraged Equity
Inception
Jun 23, 2009
Expense ratio
0.89%
Net assets
$5.45B
NAV
$147.07
Distribution yield
0.72%
YTD return
30.44%
Turnover
15.00%

Sector weights

Energy 3.5%
Utilities 2.0%
Healthcare 9.3%
Realestate 1.8%
Technology 38.7%
Industrials 7.8%

Trailing returns vs category

Period UPRO Category
YTD 30.44% 0.00%
1 month 7.23% 0.00%
3 months 1.03% 0.00%
1 year 49.45% 0.00%
3 years 47.31% 0.00%
5 years 18.79% 0.00%
10 years 29.05% 0.00%

Fund reference data as of Sep 27, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.

UPRO Analysis

AI Technical Analysis Buy
UPRO is currently trading above its 20-day, 50-day, and 200-day simple moving averages, with its price at $152.20 compared to the 50-day SMA of $147.82 and the 200-day SMA of $129.69. The Relative Strength Index (RSI) is at 50.46, indicating a neutral momentum. The Stochastic Oscillator is at 81.73, suggesting it is approaching overbought territory, while the Commodity Channel Index (CCI) is at 75.91, also indicating positive momentum. The ETF's latest trading volume of 1,822,800 is 5.3% above its average volume.
ProTips
  • Consider UPRO for short-term tactical acts seeking amplified exposure to the S&P 500.
  • Monitor the Technology sector closely, as its performance significantly impacts UPRO's returns.
  • Be aware of the compounding effects of leverage, which can lead to long-term performance deviations from the underlying index.
Market Outlook
The outlook for UPRO is cautiously optimistic, driven by its leveraged exposure to the S&P 500 and a strong technical setup. Trading above key moving averages and with positive trailing returns, the fund is positioned to benefit from any continued upward momentum in the broader market. The significant allocation to technology further supports this outlook, provided the sector maintains its growth trajectory. However, the inherent risks of leverage and sector concentration mean that any downturn in the market or the technology sector could lead to amplified losses.

Market Correlations

How this etf moves relative to other assets

Based on 1 year of daily price data. Correlations may vary over different time periods.

S&P 500 (SPY) +0.99
Strong correlation
Nasdaq 100 (QQQ) +0.95
Strong correlation
Bitcoin (BTC) +0.49
Moderate correlation
Gold (XAU) +0.14
Weak correlation
Check Custom Correlation

How does any other asset move with UPRO? One year of daily closes, Pearson correlation.

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Key Statistics

Yield 0.74%
Day High $152.79
Day Low $149.33
52 Week High 158.63
52 Week Low 88.15
ProShares UltraPro S&P 500 (UPRO) holds approximately 73.01% in stocks and 27% in cash, reflecting its strategy to provide leveraged exposure to the S&P 500 Index. The fund's sector concentration is led by Technology at 38.67%, indicating significant exposure to this growth-oriented sector. The expense ratio is 0.89%, costing $89.00 per $10,000 invested annually. With net assets totaling $5.45 billion, the fund is substantial. Its trailing 1-year return is 49.45%, significantly outperforming its category's return of 0% for the same period, highlighting the fund's ability to amplify market movements.

Earnings & Growth Analysis

As a leveraged ETF tracking the S&P 500, UPRO's performance is directly tied to the earnings trends of the underlying index constituents. The significant weighting in Technology (38.67%) suggests that the aggregate earnings performance of major tech companies heavily influences UPRO's returns. Positive earnings reports from large-cap technology firms would likely drive the fund's performance upwards, while weaker earnings could lead to amplified downward movements due to its leveraged nature.

Key Risks

The primary risk for UPRO is its leveraged structure, which amplifies both gains and losses. Its heavy concentration in the Technology sector (38.67%) exposes it to sector-specific downturns. Also, the fund's objective is to achieve daily performance targets, meaning its long-term returns may deviate significantly from three times the long-term performance of the S&P 500 due to compounding effects.

Technical Indicators i

RSI (14) 50.46
MACD 0.60
SMA 50 147.82
SMA 200 129.69
Technical Rating Bullish
RSI
Neutral
SMA Cross
Bullish
Price vs SMA
Bullish
MACD
Bullish
Golden Cross in effect with the 50-day SMA ($147.82) above the 200-day SMA ($129.69), price action is firmly bullish above key moving averages.

UPRO Trade Plans

Specific entry, exit, and risk management levels

Select Your Trade Bias
Risk Tolerance
Conservative 2% Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →

Long entry pick an entry style

Conservative
$149.16
2% below current price (Pullback entry)
Lower risk, wait for pullback
Aggressive
$152.20
Buy at current price
Higher risk, immediate entry

Risk Management

STOP LOSS
$143.97
MAX LOSS
-3.5%
Volatility-Adjusted Stop Loss
Calculated based on RSI (50.5) and current market volatility

Profit Targets (Based on Conservative Entry)

TARGET 1
$156.61
+5% (Conservative)
+2.9% (Aggressive)
TARGET 2
$164.07
+10% (Conservative)
+7.8% (Aggressive)
TARGET 3
$171.53
+15% (Conservative)
+12.7% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
ETF Investment Disclaimer
This AI-generated analysis of UPRO is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on September 27, 2026.

Growth of $10,000

A $10,000 investment in UPRO in September 2016 would be worth about $125,267 today, compared with about $35,782 for the same investment in the S&P 500 benchmark.

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Monte Carlo Projection (10yr)

CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in UPRO today could grow to about $42,039 by 2036 in the base case, with a bull case near $318,933 and a bear case around $5,541. Projections are statistical simulations, not guarantees.

UPRO ETF Price Prediction: 2030

CleaRank's simulation projects a price near $270 for UPRO by 2030 in the base case, from $152 today (1.8x over 4 years). The downside path ends near $75.04. These are outcomes of a Monte Carlo simulation run on UPRO's historical return distribution, not price targets, and they assume no dividends are reinvested.

UPRO simulated price paths by year
Year Downside (10th pct) Base case Upside (90th pct)
2027 $92.57 $176 $333
2028 $81.95 $203 $502
2029 $77.18 $234 $710
2030 $75.04 $270 $974
2031 $74.46 $312 $1,308
2032 $74.98 $360 $1,731
2033 $76.33 $416 $2,266
2034 $78.38 $480 $2,941
2035 $81.06 $554 $3,790
2036 $84.34 $640 $4,854

Method: 10,000 simulated price paths using UPRO's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. UPRO is highly volatile, so its upside column reaches an extreme multiple; treat it as a statistical tail, not an expectation. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.

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Frequently Asked Questions

What is the expense ratio for ProShares UltraPro S&P 500 (UPRO)?
The expense ratio for UPRO is 0.89%, which translates to an annual cost of $89.00 for every $10,000 invested.
What sectors does ProShares UltraPro S&P 500 (UPRO) hold?
UPRO is heavily concentrated in Technology, representing 38.67% of its holdings. Other significant sector allocations include Financial Services at 12.08% and Communication Services at 9.50%.
How has ProShares UltraPro S&P 500 (UPRO) performed against its category?
UPRO has demonstrated strong performance, with a 1-year trailing return of 49.45%. For the same period, its category return was 0%, indicating that UPRO significantly amplified the market's movement.
What is the current price prediction for UPRO ETF in 2030?
Based on a Monte Carlo simulation, the projected base price for UPRO in 2030 is $270.32. The simulation also indicates a downside price of $75.04 and an upside price of $973.79. These figures represent statistical simulation outcomes, not price targets or guarantees.
What are the key technical levels for UPRO?
UPRO is currently trading above its 50-day SMA of $147.82 and its 200-day SMA of $129.69, suggesting a bullish trend. The RSI is neutral at 50.46, while the Stochastic Oscillator is approaching overbought territory at 81.73.
What is the dividend yield for UPRO?
UPRO has a dividend yield of approximately 0.74%, with a dividend rate of 1.13%.
What is the primary strategy of ProShares UltraPro S&P 500 (UPRO)?
UPRO aims to deliver daily investment results that correspond to three times the daily performance of the S&P 500 Index. It utilizes financial instruments to achieve this leveraged exposure to large-cap U.S. equities.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The ETF analysis and AI-generated insights presented for UPRO are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. ETFs are subject to market risk, including the possible loss of principal. ETF performance depends on the underlying index or assets it tracks, and past performance does not guarantee future results. Expense ratios, tracking error, and liquidity vary by fund. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. Market data is provided "as-is" and may be delayed by 15 minutes or more. Investors should read the fund prospectus carefully before investing. Consult a qualified financial advisor for personalized guidance. Analysis generated on September 27, 2026.

Disclaimer:

Engaging in financial markets carries significant risk of total capital loss. Markets are volatile, unpredictable, and past success does not guarantee future results. Never invest funds you cannot afford to lose. CleaRank does not offer financial, investment, or advisory services. We provide no recommendations, endorsements, or guarantees regarding market outcomes. You alone are responsible for your decisions.

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