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ProShares Ultra S&P 500 Equal Weight (the "Fund") seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the daily performance of the S&P 500 Equal Weight Index (the "Index"). The Fund does not seek to achieve two times (2x) the daily performance of the Index (the "Daily Target") for any period other than a day. The Index is designed to measure the performance of companies listed in the S&P 500 Index on an equal weight basis. The S&P 500 Index is designed to measure the performance of 500 of the largest companies listed and domiciled in the U.S. Under normal circumstances, the Fund will obtain leveraged exposure to at least 80% of its total assets in components of the Index or in instruments with similar economic characteristics. ProShare Advisors uses a mathematical approach to investing in which it determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce daily returns consistent with the Daily Target. The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide leveraged consistent with the investment objective, without regard to market conditions, trends or direction.
ProShares Ultra S&P 500 Equal Weight trades on the ARCA stock market under the symbol URSP.
As of April 17, 2026, URSP stock price climbed to $45.15 with 14,055 million shares trading.
URSP has a beta of 1.51, meaning it tends to be more sensitive to market movements. URSP has a correlation of 0.65 to the broad based SPY ETF.
URSP has a market cap of $45.15 million. This is considered a Sub-Micro Cap stock.
URSP support price is $43.03 and resistance is $45.11 (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 URSP shares will trade within this expected range on the day.