UPRO
ProShares UltraPro S&P 500 ETF 3x Shares
7월 28일 1:08 PM ET (한국 7/29 02:08)
$136.36
+0.09 ▲ +0.07%
UPRO ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.
Total Expense Ratio
0.89%
Annual operating cost
Net Assets (AUM)
$5.1B
약 7조원
Holdings
522 items
Dividend Yield
0.79%
Management Style
Passive
| Category | Equity - Leveraged / Inverse | Asset Type | Equities (Stocks) | Return% 1Y | 40.23% | Total Holdings | 522 | Perf Week | -1.52% |
| ETF Type | US Equities | Active/Passive | Passive | Return% 3Y | 40.09% | AUM | $5.1B | Perf Month | 1.21% |
| Expense | 0.89% | NAV | $136.29 | Return% 5Y | 19.58% | 52W High | -9.94% | Perf Quarter | 7.38% |
| Dividend TTM | $1.08 (0.79%) | Div Gr. 3/5Y | 78.53% 88.39% | Return% 10Y | 28% | 52W Low | 54.7% | Perf Half Y | 15.15% |
| Flows% 1M | -2.02% | Flows% YTD | -7.28% | Return% SI | 32.37% | Volatility(W/M) | 2.42% 2.8% | Perf YTD | 17.8% |
| SMA20 | -3.52% | SMA50 | -3.59% | SMA200 | 11.79% | RSI (14) | 43.79 | Beta | 3.03 |
| IPO | 2009/6/25 | Prev Close | $136.27 | Perf Year | 37.35% | Avg Volume | 2.65M | Price | $136.36 |
ProShares UltraPro S&P 500 ETF 3x Shares (UPRO) Investment Analysis
ETF Overview
ProShares UltraPro S&P 500 ETF 3x Shares · Equity - Leveraged / Inverse
레버리지형 — 지수의 2~3배 방향으로 추종 (단기 투자용 · 고위험)
2009년 상장, 17년 운영 중.
ProShares UltraPro S&P 500 ETF 3x Shares는 수수료 및 비용 차감 전 기준으로 S&P 500 지수 일간 성과의 3배(3x)에 해당하는 일간 투자 성과를 목표로 합니다. 이 ETF는 프로셰어 어드바이저가 판단하기에 펀드의 투자 목표와 일치하는 일간 수익을 창출할 수 있는 금융 상품의 조합에 투자합니다. S&P 500 지수는 미국의 대형주 시장 성과를 나타내는 대표적인 지수입니다. 이 ETF는 비분산형(Non-diversified) 펀드입니다.
📘 UPRO ETF 자세히 알아보기 →U.S.equitySP500leverage
- 규모
- $5.1B 약 7조원
- 운용사
- ProShares
- 운용 방식
- 패시브 (지수 추종)
- 상장일
- 2009년
Cost Efficiency
Annual Expense Ratio · Category Rank · Long-Term Cost Impact
Average expense ratio — 0.89% annually
Mid-range within the Equity - Leveraged / Inverse category.
Effective Annual Expense Ratio (Net Expense Ratio)
평균권0.89%
My positionMid-range
Low range Average High range
Actual Cost Simulation by Investment Amount
$100.0M
Annual Expense Ratio
$890K
Save $80K per year vs. category average
Category Median Annual Cost
$970K
Based on expense ratio of 0.97%
10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)
$15.8M
16.3% of returns you could have earned goes to the fund manager due to fees
Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.
Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.
Cheaper alternatives in the same category
TOPW
Roundhill Top WeeklyPay ETF
0.32%
-0.57%p annually
FNGU
MicroSectors FANG+ 3X Leveraged ETNs
0.35%
-0.54%p annually
SPDN
Direxion Daily S&P 500 Bear 1X ETF
0.48%
-0.41%p annually
* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.
Long-Term Performance
1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense
Upper-tier returns in its category
상위 25% within Equity - Leveraged / Inverse.+22.4%p vs. benchmark (SPY) over 1Y.
ℹ️ The "1Y·3Y·5Y·10Y" periods below represent annualized returns (CAGR) measured backward from today. Example: "3Y +12%" means the investment grew at a compounded 12% per year over the past three years.
⚡ Leveraged ETF — beware of compounding decay over long holding periods
These ETFs aim to deliver 2–3× the daily return of the underlying index, but during sideways or volatile markets, compounding effects can cause long-term cumulative returns to diverge significantly from 2–3× the index. They are suited for short-term trading and are not appropriate as core holdings for long-term portfolios.
If you had invested 10 year(s) ago
$100.0M
Today's value
$1180.6M
→
Total gain
+$1080.6M
Annualized +28.0%
1 Year
2025.07 ~ 2026.07
Annualized +40.23%
상위 25%Outperformed the benchmark by 22.4%p annually
My positionTop 25%
Low range Average High range
3 Years
2023.07 ~ 2026.07
Annualized +40.09% Cumulative +174.9%
상위 25%Outperformed the benchmark by 21.1%p annually
My positionTop 25%
Low range Average High range
5 Years
2021.07 ~ 2026.07
Annualized +19.58% Cumulative +144.5%
상위 25%Outperformed the benchmark by 6.7%p annually
My positionTop 25%
Low range Average High range
10Y
2016.07 ~ 2026.07
Annualized +28.00% Cumulative +1080.6%
상위 25%Outperformed the benchmark by 13.1%p annually
My positionTop 25%
Low range Average High range
10Y Cumulative Total Return Curve
2016-07-28 start, based on a 100M KRW base — read the curve values directly as units of 100M KRW (e.g., 308 → 3.08억 / 308M KRW). Both this ETF and the benchmark are rebased to 100 on the same start date for comparison.
UPRO · Price Only UPRO · Price + Cumulative Dividends UPRO · Dividend Reinvested S&P 500 (SPY)
50
400
750
1100
ℹ️ Price Only: Excludes dividends and tracks pure stock price only. Covered-call and high-dividend ETFs often show a flat or declining line on this view, which is meaningful from a "principal preservation" standpoint. Price + Cumulative Dividend: Share count stays the same and received dividends are accumulated as cash. Closely matches your actual account total assets. Reinvested: Dividends are immediately used to buy additional shares (adjClose-based, the industry standard for total return). The wider the gap between the three lines, the easier it is to gauge the effectiveness of the dividend strategy.
Annual Return Comparison
ETF returns vs S&P 500 (SPY) by calendar year
UPRO S&P 500 (SPY)
+110%
0%
−110%
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026 YTD
💡 Leveraged ETFs have an asymmetric structure: big wins in up markets, big losses in down markets.
ℹ️ Returns from January 1 to December 31 of each year. The current year (2026) column is dimmed to indicate YTD (incomplete). If blue is higher than gray, the ETF outperformed the benchmark in that year.
Win rate vs S&P 500 (SPY)
6 / 9Y
Consistently outperforms benchmark (67%)
+ 2026 YTD: Ahead (17.5% vs 8.5%)
2017 ✓
2018 ✗
2019 ✓
2020 ✗
2021 ✓
2022 ✗
2023 ✓
2024 ✓
2025 ✓
2026 ✓ YTD
💡 Leveraged wins in up markets, loses big in down markets — annual return dispersion matters more than win rate.
ℹ️ Number of winning years versus S&P 500 (SPY) within a completed calendar year (1/1–12/31). The current year (YTD) is reported separately.
Downside Capture
305%
Falls more than the benchmark — vulnerable in drawdowns
<85% (Defend) 85~110% (Track) >110% (Lag)
💡 Leveraged ETFs are designed to fall 2–3x the benchmark — values above 200% are normal. Short-term risk must be considered.
ℹ️ Average % drop of this ETF when S&P 500 (SPY) is −1%. Based on daily returns over the past 3 years (only days where the benchmark is negative).
Risk Profile
Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History
Overall Risk Grade
High Risk
These 2-3x leveraged products are structurally very volatile. Holding them long-term can erode your principal in ways that don't match expectations, so they're better suited for short-term trading.
⚡ Leveraged ETF — High Beta & Volatility Are by Design
A Beta of 2 or higher and volatility 2–3× the underlying index is by design. The "high volatility" reading below is a feature of the product, not a problem. However, long-term holding can lead to compounding decay and results that differ from expectations.
Beta (market sensitivity)
평균권3.03
If the market rises +10% +30.3%
If the market falls -10% -30.3%
My positionMid-range
Low range Average High range
ℹ️ A beta of 1.0 moves in line with the market. Above 1 means it moves more than the market; below 1 means less.
Average daily range (last 1 month)
평균권±2.80%
S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more
Annual volatility trend (past 10 years)
ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.
Max Drawdown · Past 10 years
-76.8%
2015-07-31 Worst -70% 2026-07-01
ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.
Sharpe Ratio (Risk-Adjusted Return)
0.42
Weak — Low risk-adjusted returns
ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.
Estimated Monthly Maximum Loss (VaR 95%)
-19.2%
Historically, monthly losses exceeding this figure occurred only5%of the time.
ℹ️ A statistical estimate meaning "with 95% probability, monthly losses will not exceed this amount." The remaining 5% corresponds to crisis-level events such as financial crises or pandemics.
Dividend Analysis
Yield · Dividend history · After-tax income calculator
Leveraged ETF distribution — 0.79% annually
Its leveraged structure makes it unsuitable for long-term dividend investing.5-year dividend growth rate: +88.4%.
Leveraged ETFs are not designed for dividend income. Even if they temporarily show a high yield, their structure makes them unsuitable for long-term dividend investing.
배당수익률
0.79%
주당 배당
$1.08
연간 기준
5년 성장률
88.4%
지급 주기
분기배당
3월 · 9월 · 12월
연도별 배당 총액 추이
주당 배당금을 연 단위로 합산한 금액입니다. 막대가 우상향이면 매년 배당이 늘어나고 있다는 뜻입니다.
$0.04 +47.7%
2015
$0.02 -54.7%
2016
$0.11 +589.6%
2018
$0.14 +28.7%
2019
$0.04 -70.4%
2020
$0.04 +7.1%
2021
$0.17 +280.0%
2022
$0.40 +135.7%
2023
$0.82 +103.7%
2024
$0.97 +18.5%
2025
$X.XX 그 해 총 배당금 +X% 전년 대비 증가 -X% 감소
최근 배당 이력 총 45건
아래로 스크롤하면 과거 배당 이력을 볼 수 있습니다.
배당락일
주당 금액
지급일
당시 수익률
2026-03-25
$0.222
—
1.19%
2025-12-24
$0.340
—
0.81%
2025-09-24
$0.216
—
1.01%
2025-06-25
$0.229
—
1.28%
2025-03-26
$0.188
—
1.14%
2024-12-23
$0.255
—
0.88%
2024-09-25
$0.220
—
0.81%
2024-06-26
$0.223
—
0.67%
2024-03-20
$0.123
—
0.75%
2023-12-20
$0.119
—
1.03%
2023-09-20
$0.056
—
0.94%
2023-06-21
$0.145
—
0.81%
2023-03-22
$0.083
—
0.75%
2022-12-22
$0.136
—
0.62%
2022-03-23
$0.035
—
0.13%
2021-12-23
$0.030
—
0.08%
2021-03-23
$0.015
—
0.13%
2020-12-23
$0.013
—
0.25%
2020-03-25
$0.029
—
1.00%
2019-12-24
$0.051
—
0.56%
2019-06-25
$0.044
—
0.61%
2019-03-20
$0.047
—
0.64%
2018-12-26
$0.052
—
0.67%
2018-09-26
$0.019
—
0.21%
2018-06-20
$0.024
—
0.16%
2018-03-21
$0.015
—
0.06%
2016-09-21
$0.002
—
0.31%
2016-06-22
$0.014
—
0.35%
2015-12-22
$0.022
—
0.45%
2015-06-24
$0.003
—
0.32%
2015-03-25
$0.011
—
0.32%
2014-12-22
$0.012
—
0.21%
2014-09-24
$0.006
—
0.15%
2014-06-25
$0.006
—
0.12%
2013-09-25
$0.003
—
0.11%
2013-06-26
$0.002
—
0.07%
2013-03-20
$0.001
—
0.05%
2012-12-26
$0.001
—
0.05%
2012-06-20
$0.001
—
0.08%
2011-09-21
$0.001
—
0.16%
2010-09-21
$0.002
—
0.35%
2010-06-22
$0.002
—
0.29%
2010-03-24
$0.001
—
0.13%
2009-12-23
$0.001
—
0.11%
2009-09-24
$0.001
—
0.05%
* "배당락일"은 배당받으려면 이 날 이전에 주식을 보유해야 하는 기준일입니다. 지급일·당시 수익률은 일부 종목에서 데이터가 없을 수 있습니다.
💰 내가 $100K 투자한다면
연간 배당금 (세후) $673
5년 누적 (세후) $17K
* 환율 1 가정, 배당소득세 15% 반영. 5년 누적은 배당 성장률 연 88.39% 가정.
* Qualified dividend middle-bracket approximation. Actual rate varies by total income.
Overall investment appeal
What this ETF fits best — strengths, weaknesses, and target investor profile
Designed for short-term trading Not recommended for long-term investing, but suitable for short-term trading and hedging.
⚠️ 2–3x leveraged product; not suitable for long-term holding. Use as a short-term trading tool only.
🎯 목적별 적합도
내가 이 ETF를 어떤 목적으로 활용할 수 있는지 확인하세요.
매우 낮음
부적합
매우 적합
매우 낮음
이런 분에게 어울려요
Short-term traders only
✅ 강점
- 📈Top-tier long-term returns
- 🎯Outperforms benchmark by +6.7%p annually
⚠️ 약점·주의사항
- 🎢Leveraged — compounding decay can produce results that differ from expectations over long holds
Portfolio Composition
What's actually inside — sector weights and top holdings
파생상품 기반 ETF
실제 보유 종목이 일반 ETF와 다르게 스왑·선물 중심이에요.
ℹ️ 왜 구성을 봐야 하나요?
ETF의 실제 성과는 담고 있는 종목과 섹터에서 나와요. 이름이 "S&P 500"이라도 기술주 비중이 유난히 높을 수 있고, "배당주 ETF"라도 몇몇 대형주에 쏠려 있을 수 있어요. 라벨보다 실제 구성을 확인하는 게 중요해요.
🔬 집중도 한눈에 보기
총 보유종목
525개
상위 10개 비중
51.3%
최대 단일 종목
22.48%
집중도(HHI)
631
보통
⚠️ 소수 종목·섹터에 집중되어 있어, 해당 종목/섹터가 흔들리면 ETF 전체가 크게 영향을 받아요.
🥧 섹터 비중
Financial 28.6%
Technology 20.0%
Communication Services 6.3%
Consumer Cyclical 5.8%
Healthcare 5.0%
Industrials 4.9%
Consumer Defensive 2.4%
Utilities 1.5%
Real Estate 1.2%
Energy 1.2%
Basic Materials 1.1%
📋 상위 보유 종목 Top 10 Top 10이 전체의 51.3% 차지
티커 옆의 점 색상 = 섹터 구분 (섹터 차트와 동일 색상)
Category Peers
Category: Equity - Leveraged / Inverse
같은 카테고리 6종 중 AUM 6/6위 · 보수율 5/6위
카테고리: Equity - Leveraged / Inverse
ℹ️ 왜 비교해야 하나요?
같은 카테고리 ETF끼리는 보수율·규모(AUM)·배당률을 비교해 볼 가치가 있어요. 보수율은 낮을수록 장기 수익에 유리하고, AUM이 크면 운용 안정성이 높아요. ▲ 표시는 UPRO보다 유리, ▼ 표시는 UPRO보다 불리를 뜻해요.
| 티커 | ETF명 | 보수율 | AUM | 보유종목 | 배당률 | YTD | 1년 |
|---|---|---|---|---|---|---|---|
| UPRO | ProShares UltraPro S&P 500 ETF 3x Shares | 0.89% | $5.1B | 522 | 0.79% | +17.80% | +37.35% |
| ProShares UltraPro QQQ 3x Shares | 0.82% ▲ | $31.7B ▲ | 130 | 0.60% ▼ | - | +42.58% ▲ | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.75% ▲ | $19.9B ▲ | 45 | 0.01% ▼ | - | +400.59% ▲ | |
| ProShares Ultra QQQ 2x Shares | 0.95% ▼ | $12.6B ▲ | 128 | 0.14% ▼ | - | +33.62% ▼ | |
| ProShares Ultra S&P500 2x Shares | 0.87% ▲ | $7.7B ▲ | 523 | 0.69% ▼ | - | +27.09% ▼ | |
| Direxion Daily S&P 500 Bull 3X ETF | 0.84% ▲ | $6.5B ▲ | 516 | 0.55% ▼ | - | +38.29% ▲ |
AUM 내림차순 정렬 · ▲ UPRO보다 유리 · ▼ UPRO보다 불리
Leveraged & Covered Call ETFs on the Same Theme
ETFs that approach the same theme with a different strategy
24 ETFs tracking the same theme as UPRO using leveraged or covered call strategies (Leverage 8 · Inverse 8 · Covered Call 8)
Not direct derivatives of UPRO, but ETFs that cover the same theme via a different strategy.
ℹ️ Which ETFs are included?
Among ETFs whose theme (category or sector) overlaps with UPRO, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.
⚠️ Caution: Long-Term Holding
Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.
Leverage 8 ETFs that amplify the same theme by 2-3x (high volatility)
SSO
ProShares Ultra S&P500 2x Shares
+0.05%
$7.7B
SPXL
Direxion Daily S&P 500 Bull 3X ETF
+0.07%
$6.5B
UYG
ProShares Ultra Financials 2x Shares
+1.81%
$811M
SVOL
Simplify Volatility Premium ETF
-0.44%
$526M
SPUU
Direxion Daily S&P 500 Bull 2X ETF
+0.23%
$248M
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
+0.13%
$131M
XBJA
Innovator U.S. Equity Accelerated 9 Buffer ETF - January
+0.16%
$88M
XSPI
NEOS Boosted S&P 500 High Income ETF
+0.23%
$79M
Inverse 8 ETFs that bet on declines in the same theme
SH
ProShares Short S&P500 -1x Shares
-0.03%
$915M
SDS
ProShares UltraShort S&P500 -2x Shares
-0.02%
$430M
SPXU
ProShares UltraPro Short S&P 500
-0.03%
$429M
SPXS
Direxion Daily S&P 500 Bear 3X ETF
-0.07%
$351M
SPDN
Direxion Daily S&P 500 Bear 1X ETF
+0.00%
$210M
HIBS
Direxion Daily S&P 500 High Beta Bear 3X ETF
-0.57%
$26M
SEF
ProShares Short Financials -1x Shares
-1.00%
$13M
SKF
ProShares UltraShort Financials -2x Shares
-2.13%
$10M
Covered Call & Options 8 ETFs that add a monthly dividend via covered calls on the same theme
JEPI
JPMorgan Equity Premium Income ETF
+0.51%
$45.3B
SPYI
NEOS S&P 500 High Income ETF
+0.04%
$10.8B
XYLD
Global X S&P 500 Covered Call ETF
+0.07%
$3.2B
FTHI
First Trust BuyWrite Income ETF
-0.21%
$2.4B
ISPY
ProShares S&P 500 High Income ETF
-0.04%
$1.2B
HEDG
Equable Shares Hedged Equity ETF
-0.12%
$423M
PBP
Invesco S&P 500 BuyWrite ETF
+0.09%
$353M
XDTE
Roundhill S&P 500 0DTE Covered Call Strategy ETF
+0.41%
$335M
FAQ
What kind of ETF is UPRO?
UPRO is an ETF in the Equity - Leveraged / Inverse category, managed by ProShares.
How many holdings does UPRO have?
UPRO holds a total of 522 securities, with an AUM of approximately $5.1B.
Does UPRO pay dividends (distributions)?
UPRO's distribution yield is approximately 0.79%.
What is the 52-week high and low for UPRO?
UPRO has recorded a 52-week high of $151.41 and a low of $88.14.
면책조항: 본 콘텐츠는 참고 자료이며 투자 권유가 아닙니다. 모든 투자의 책임은 투자자 본인에게 있습니다.