ProShares Ultra FTSE Europe (UPV)
ProShares Ultra FTSE Europe operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $106.21, down 0.24% on the session, giving a market capitalisation of $13.8M. Its beta of 1.33 implies it has historically moved more than the broad market.
ProShares Ultra FTSE Europe is an exchange-traded fund that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the FTSE Developed Europe All Cap Index. The fund invests in financial instruments and derivatives, such as swaps, to produce daily returns consistent with its objective. As a geared product with daily resets, its long-term returns can vary significantly from the underlying index.
ProShares Ultra FTSE Europe is most often compared with the following Financial Services names: