12-Jun-2026
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ProShares Launches First ETFs Targeting 2x Daily Returns of Platinum and Palladium
Business Wire (Tue, 21-Apr 8:30 AM ET)
ProShares Ultra Palladium K-1 Free ETF seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the price of palladium. The Fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. In this manner, the Fund seeks daily returns that correspond to two times (2x) the price of palladium. abrdn Palladium ETF Trust is a grantor trust that holds physical palladium and seeks investment results, before expenses, that correspond to the performance of the price of palladium. Under normal circumstances, the Fund will invest at least 80% of the Fund's assets in, or provide exposure to, financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The Fund will invest principally in the financial instruments are Derivatives, Swap Agreements, Money Market Instruments , U.S. Treasury Bills, Repurchase Agreements, Money Market ETF.
ProShares Ultra Palladium K-1 Free ETF trades on the ARCA stock market under the symbol UPAL.
As of June 12, 2026, UPAL stock price climbed to $25.54 with 917 million shares trading.
UPAL has a market cap of $2.81 million. This is considered a Sub-Micro Cap stock.
UPAL support price is $24.28 and resistance is $26.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UPAL shares will trade within this expected range on the day.