FundNYSEARCACurrency Funds

ProShares Ultra Euro

ULE NYSE Arca

ProShares Ultra Euro seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the price of the euro versus the U.S. dollar. ProShares Ultra Euro is designed for knowledgeable investors who seek to profit from the euro growing stronger rela...

11.75USD
−1.05 (−8.19%) 1 Year · close Oct 12

Hover to inspectDrag to measure a move← → to step through days

Fund size
5.26M
as of Feb 2020
Expense ratio
1.01%
per year
Dividend yield
0.00%
Trailing 12 months
Volatility · 1Y
11.2%
Low Risk
Beta
0.08
vs the market
52-week range
11.7513.84
01 Performance

How ULE has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 12
Subpar performance Select a period to update every chart on the page.

Total return vs price return

Price only
0.0 pts
-5%0%5% ULE −8.2% Price −8.2%

Over 1 year, ULE returned −8.2% with dividends reinvested — dividends added 0.0 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
11.2%Low Risk

A typical year sees the price swing about ±11% around its trend.

Drawdown from peak

How far below its previous high the price has been
−15.1%
0%-9%−15.1%

Deepest fall −15.1% on Oct 12, 2026 — 258 days after the previous high
More than 5% below a high 60% of the time.

Market sensitivity

Beta
Market moves+10.0%
ULE tends to move+0.8%

A beta of 0.08 means ULE has moved less than the market.

Sharpe ratio -0.85 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
11.75
  • 12-day average11.98 −1.9%
  • 26-day average12.19 −3.6%
  • 50-day average12.36 −4.9%
  • 200-day average12.59 −6.6%

The price is above 0 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Oversold
OversoldOverbought15.5

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

Currency Funds · Commodity Pools — tracking the EUR/USD Exchange Rate.

  • Assets under management5.26MUSD
  • Expense ratio1.01%per year
  • Holdings17
  • Risk score5.7Medium

Launched November 2008. Listed options available. Fund data as of Feb 27, 2020.

05 Themes

Where ULE shows up

Curated themes and indices that hold ULE. Open one to see it in context, or test the whole theme in a portfolio.

06 Profile

About ProShares Ultra Euro

ProShares Ultra Euro seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the price of the euro versus the U.S. dollar. ProShares Ultra Euro is designed for knowledgeable investors who seek to profit from the euro growing stronger relative to the U.S. dollar. This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. This fund is not an investment company regulated under the Investment Company Act of 1940 and is not afforded its protections. Please read the prospectus carefully before investing.

  • Featured in 1 curated theme
  • 17 holdings
Ticker
ULE
Exchange
NYSE Arca
ISIN
US74347W8745
CUSIP
74347W874
Currency
U.S. Dollar (USD)
Country
USA
Sector
Currency Funds
Industry
Commodity Pools
Benchmark
EUR/USD Exchange Rate
All key statistics

Details

NameProShares Ultra Euro
TickerULE
ISINUS74347W8745
CUSIP74347W874
ExchangeNYSEARCA
CategoryCurrency Funds
Sub CategoryCommodity Pools
CountryUSA
CurrencyU.S. Dollar
Inception DateNov 24, 2008
BenchmarkEUR/USD Exchange Rate

Shareas of Oct 12, 2026

Close Price USD11.75
52W Low / High 11.75 / 13.84
1Y Total Return-8.19%
Subpar
1Y Volatility11.08%
Low Risk
Beta0.08
12M Dividends0.000
Last Dividend Date-
Dist. Frequency-
Dividend Yield0.00%

Dataas of Feb 27, 2020

AUM5.3 M
Discount/Premium0.038%
NAV13.16
Shares Outstanding400 K
Volume 20D Avg4.2 K
Nbr of Holdings17
Risk RankMedium
Net Expense1.010%
Options availableYes
Next step

Put ULE to the test

See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.

Test ULE in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.