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About ProShares Ultra Cloud Computing
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Inception date
Jan 19, 2021
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
SKYU offers 2x the daily performance of the ISE CTA Cloud Computing Index which consists of firms that fall into any one of the following groups as per the Consumer Technology Association (CTA) classifications: Infrastructure as a Service (IaaS), Platform as a Service (PaaS) and Software as a Service (SaaS). In addition, companies must also meet size, liquidity, and tradability screens. The index assigns a cloud score of 3 for IaaS, 2 for PaaS, and 1 for the SaaS. A stocks weight is initially determined by its cloud score divided by the sum of all scores. It should be noted that companies may be classified into more than one group which means higher cloud score and greater weight. Weights are then modified so that no single security exceeds 4.5% weight. As a levered product with daily resets, SKYU is not a buy-and-hold investment, its a short erm tactical instrument. As a result, long-term returns could aterially differ from those of the underlying index due to daily compounding.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Cash
Stocks68.44%
Technology Services51.37%
Electronic Technology11.83%
Retail Trade2.68%
Commercial Services1.29%
Communications1.27%
Bonds, Cash & Other31.56%
Cash31.56%
Stock breakdown by region
North America97.46%
Europe1.49%
Middle East1.04%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SKYU invests in stocks. The fund's major sectors are Technology Services, with 51.37% stocks, and Electronic Technology, with 11.83% of the basket. The assets are mostly located in the North America region.
SKYU last dividends amounted to 0.01 USD. The quarter before, the issuer paid 0.04 USD in dividends, which shows a 680.57% decrease.
SKYU assets under management is 2.66 M USD. It's risen 56.55% over the last month.
SKYU fund flows account for −451.97 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SKYU pays dividends to its holders with the dividend yield of 0.27%. The last dividend (Apr 1, 2025) amounted to 0.01 USD. The dividends are paid quarterly.
SKYU shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jan 19, 2021, and its management style is Passive.
SKYU expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
SKYU follows the ISE Cloud Computing Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SKYU invests in stocks.
SKYU price has risen by 47.12% over the last month, and its yearly performance shows a 20.06% increase. See more dynamics on SKYU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 49.73% over the last month, showed a −25.08% decrease in three-month performance and has increased by 17.72% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 49.73% over the last month, showed a −25.08% decrease in three-month performance and has increased by 17.72% in a year.
SKYU trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.