Key stats
About ProShares Ultra Euro
Home page
Inception date
Nov 25, 2008
Structure
Commodities Pool
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ULE offers 2x leveraged exposure to the EUR/USD cross. The fund gets this exposure using futures contracts, and as a result, it distributes a K-1 during tax time. As a geared product, ULE isn't designed to be a long-term investment. Rather, it is a short-term trading vehicle that's rebalanced daily. The fund's long-term returns may differ significantly from the performance of the euro against the US dollar as a result of the effects of path dependency and compounding. Also, keep in mind that ULE references the EUR/USD cross as published in the Wall Street Journal a value that may differ from other quoting sources.
Classification
Symbol
Geography
Eurozone
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.