See what your fund actually adds
ProShares UltraPro S&P 500 UPRO
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | UPRO | Replication |
|---|---|---|
| Annualized growth | 20.6% | 17.5% |
| Annualized volatility | 48.8% | 23.1% |
| Sharpe ratio | 0.63 | 0.81 |
| Maximum drawdown | 63.2% | 32.8% |
| Replication fit (R²) | 0.67 · Tracking error 28.2% | |
Replication portfolio
The published portfolio below is the investable basket used to model UPRO’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLK | Sector · Technology | 76.6% |
| XLY | Sector · Cons Discr | 23.4% |