UDOW Fees and Costs — ProShares UltraPro Dow30
Data updated: 2026-08-14
The net expense ratio is 0.95%: a 0.75% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $86K in broker commissions, 0.0116% of average net assets, and portfolio turnover was 87%.
UDOW Fees and Expenses
Annual operating expenses and sales charges of UDOW. Prospectus, as of October 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.19% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
UDOW Costs Over Time
On $10,000 invested in UDOW, assuming 5% a year before costs, total costs come to $602 over 5 years, cutting the return by 1.01% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $331 | $602 |
| Value after costs | $10,399 | $11,245 | $12,161 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
UDOW Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0116%
- Total broker commissions: $86K
- Bought from dealers (principal trades, not a cost): $5.1B
- Portfolio turnover (prospectus): 87%
- Securities on loan, average value: $46K
- Net income from securities lending: $808 (0.000% of average net assets)
UDOW Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $36K | 41.80% |
| Virtu Americas LLC | $21K | 24.67% |
| RBC Capital Markets, LLC | $16K | 18.12% |
| Susquehanna Financial Group, LLLP | $13K | 15.41% |
UDOW Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2.5B | 49.47% |
| Goldman Sachs & Co. LLC | $851.1M | 16.98% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $538.3M | 10.74% |
| ABN AMRO Clearing Chicago LLC | $290.4M | 5.79% |
| Jane Street Capital, LLC | $290.1M | 5.79% |
| Bank of Montreal | $177.2M | 3.54% |
| BNP Paribas Securities Corp. | $162.6M | 3.24% |
| Barclays Capital, Inc. | $109.5M | 2.18% |
| Jefferies LLC | $59.9M | 1.19% |
| Morgan Stanley & Co. LLC | $53.6M | 1.07% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.