ProShares Ultra High Yield

Price: $65.02
Change: $0.65 (0.01%)
Category: Leveraged Bonds
Last Updated:


Issuer ProShares
Brand ProShares
Structure ETF
Expense Ratio 0.96%
ETF Home Page Home page
Inception Apr 13, 2011

Analyst Report

This leveraged ETF is designed to amplify daily exposure to junk bonds, a corner of the fixed income market that generally offers the greatest expected yields and the most significant risk (and can be subject to big swings over a short period of time). Given the risks associated with daily resets of leverage, UJB is not a tool for those building a long-term, buy-and-hold portfolio. Any investors seeking to add junk bond exposure for the long run should see the many options available in the High Yield Bonds ETFdb Category, including JNK and HYG. This product is more appropriate for use by risk tolerant investors looking to implement a short-term tactical tilt towards high yield corporate debt—a position that can result in big gains or big losses depending on a number of different factors. It should be noted and understood that UJB features a daily reset of leverage; this product is designed to deliver 200% exposure to the underlying index over a single trading period. When held for longer than one session (or a shorter period), the returns generated can depend on a number of different factors, and can be greater or less than the daily target multiple (sometimes by a wide margin). UJB can be used quite effectively for extended periods of time; investors wishing to hold this position open longer should simply be aware of how compounding returns can shift the risk profile and be willing and able to monitor regularly (and perhaps rebalance as needed).

ETF Database Themes

Category Leveraged Bonds
Leveraged 2x
Asset Class Bond
Region (General) Developed Markets
Region (Specific) Broad
Bond Type(s) Junk
Bond Duration Intermediate-Term

FactSet Classifications

Segment Leveraged Fixed Income: U.S. - Corporate, Broad-based High Yield
Category Corporate, Broad-based
Focus High Yield
Niche Broad Maturities
Strategy Vanilla
Weighting Scheme Market Value

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $56.95
  • 52 Week Hi $65.17
  • AUM $23.6 M
  • Shares 0.4 M

Historical Trading Data

  • 1 Month Avg. Volume 18,530
  • 3 Month Avg. Volume 16,028

Alternative ETFs in the ETF Database Leveraged Bonds Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SBND 0.25% $52.2 M 5,691 4.88%
Largest (AUM) TMF 1.06% $3.3 B 42 M -28.49%
Most Liquid (Volume) TMF 1.06% $3.3 B 42 M -28.49%
Top YTD Performer SBND 0.25% $52.2 M 5,691 4.88%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

UJB ETF Database Category Average FactSet Segment Average
Number of Holdings 1 1 1
% of Assets in Top 10 100.00% 83.33% 100.00%
% of Assets in Top 15 100.00% 83.33% 100.00%
% of Assets in Top 50 100.00% 83.33% 100.00%

Size Comparison

UJB ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

UJB Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

UJB Dividend

This section compares the dividend yield of this ETF to its peers.

UJB ETF Database Category Average FactSet Segment Average
Dividend $ 0.39 $ 0.21 $ 0.39
Dividend Date 2023-09-20 N/A N/A
Annual Dividend Rate $ 2.13 $ 0.95 $ 2.13
Annual Dividend Yield 3.30% 3.28% 3.30%

UJB Price and Volume Charts

View charts featuring UJB price and volume data.

UJB Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 18.25 M 3 Month Net Flows: 1.61 M 6 Month Net Flows: 23.95 M 1 Year Net Flows: 3.23 M 3 Year Net Flows: 10.28 M 5 Year Net Flows: 10.28 M 10 Year Net Flows: 10.28 M

UJB Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 143.89 K
1 Month Net AUM Change: 18.92 M
3 Month Net AUM Change: 7.36 M
6 Month Net AUM Change: 18.83 M
1 Year Net AUM Change: 8.26 M
3 Year Net AUM Change: 1.02 M
5 Year Net AUM Change: 1.02 M
10 Year Net AUM Change: 1.02 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for UJB on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Leveraged Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B- UST
Expenses C UST

A+ Overall Rated ETF:

UJB Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

UJB does not have an ESG score. There are no ESG themes that map to this ETF.

UJB Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

UJB ETF Database
Category Average
Factset Segment
1 Month Return 10.55% 14.30% 10.55%
3 Month Return 4.24% -2.24% 4.24%
YTD Return 11.37% -7.43% 11.37%
1 Year Return 10.24% -9.83% 10.24%
3 Year Return -1.91% -19.93% -1.91%
5 Year Return 2.55% -5.66% 2.55%

Geographic Exposure

The following charts reflect the geographic spread of UJB's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of UJB's underlying holdings.

UJB Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 189.94%
20 Day Volatility 14.93%
50 Day Volatility 14.59%
200 Day Volatility 13.55%
Beta 0.89
Standard Deviation 1.47%
5 Day Volatility
3 of 6

20 Day Volatility
5 of 6

50 Day Volatility
5 of 6

200 Day Volatility
5 of 6

1 of 6

Standard Deviation
5 of 6


  • 20 Day MA $62.88
  • 60 Day MA $61.24
  • MACD 15 Period 1.80
  • MACD 100 Period 3.33
  • Williams % Range 10 Day 6.66
  • Williams % Range 20 Day 2.66
  • RSI 10 Day 79
  • RSI 20 Day 69
  • RSI 30 Day 64
  • Ultimate Oscillator 79

Bollinger Bands

  • Lower Bollinger (10 Day) $62.46
  • Upper Bollinger (10 Day) $64.84
  • Lower Bollinger (20 Day) $60.66
  • Upper Bollinger (20 Day) $65.03
  • Lower Bollinger (30 Day) $57.27
  • Upper Bollinger (30 Day) $65.72

Support & Resistance

  • Support Level 1 $64.96
  • Support Level 2 $64.91
  • Resistance Level 1 $65.12
  • Resistance Level 2 $65.23


  • Stochastic Oscillator %D (1 Day) 57.79
  • Stochastic Oscillator %D (5 Day) 92.41
  • Stochastic Oscillator %K (1 Day) 68.31
  • Stochastic Oscillator %K (5 Day) 88.73


  • Tracking Difference Median (%) -4.75
  • Tracking Difference Max Upside (%) 4.66
  • Tracking Difference Max Downside (%) -14.73
  • Median Premium Discount (%) 0.00
  • Maximum Premium Discount (%) 2.18
  • Average Spread (%) 6.61
  • Average Spread ($) 6.61

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

ETF Trends and ETF Database , the preeminent digital platforms for ETF news, research, tools, video, webcasts, native content channels, and more. The ETF Trends and ETF Database brands have been trusted amongst advisors, institutional investors, and individual investors for a combined 25 years. The firms are uniquely positioned to aid advisor’s education, adoption, and usage of ETFs, as well as the asset management community’s transition from traditionally analog to digital interactions with the advisor community.

Our team at ETF Database is committed to making our website the premier source of information on ETF investing with the world’s highest quality ETF tools, content, and resources.

Have Questions? Contact Us.

Powered By:


Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.


Copyright © 2023 FactSet Research Systems Inc. All rights reserved.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
© 2023 Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please see disclaimer.