ProShares Ultra S&P 500 Equal Weight (URSP) is a dynamic exchange-traded fund (ETF) designed for investors seeking amplified exposure to the U.S. large-cap market. This fund provides a unique investment opportunity by offering 2x leveraged exposure to the S&P 500 Equal Weight Index, setting it apart within the broad-based niche of size and style-focused ETFs. Unlike traditional S&P 500 funds that are market-cap weighted, URSP's equal-weight approach ensures that each of the 500 largest U.S. companies has an identical impact on the index, promoting diversification across all sectors. By utilizing leverage, URSP aims to deliver twice the daily performance of this index, providing investors with the potential for enhanced returns. This makes it an attractive option for those with a bullish outlook on the large-cap segment and a tolerance for increased risk associated with leveraged strategies.
ProShares Ultra S&P 500 Equal Weight (URSP) Fund Flow Chart
ProShares Ultra S&P 500 Equal Weight (URSP) 1 year Net Flows: 48M