URSP Fees and Costs — ProShares Ultra S&P 500 Equal Weight
Data updated: 2026-08-14
The net expense ratio is 0.95%: a 0.75% management fee plus 0.44% other expenses, less a 0.24% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $7K in broker commissions, 0.0184% of average net assets.
URSP Fees and Expenses
Annual operating expenses and sales charges of URSP. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.44% |
| Gross expense ratio | 1.19% |
| Fee waiver | −0.24% |
| 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 | Yes |
| Waived fees subject to recoupment | Yes |
URSP Costs Over Time
On $10,000 invested in URSP, assuming 5% a year before costs, total costs come to $606 over 5 years, cutting the return by 1.02% 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) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $333 | $606 |
| Value after costs | $10,398 | $11,243 | $12,157 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
URSP 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): 0.0184%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $95.0M
- Portfolio turnover (prospectus): —
- Securities on loan, average value: $12K
- Net income from securities lending: $69 (0.000% of average net assets)
URSP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Financial Group, LLLP | $7K | 91.49% |
| BNP Paribas Securities Corp. | $636 | 8.51% |
URSP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $32.9M | 34.66% |
| Virtu Americas LLC | $26.1M | 27.53% |
| Jane Street Capital, LLC | $18.7M | 19.73% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $11.8M | 12.37% |
| UBS Securities LLC | $5.4M | 5.71% |
| Susquehanna Financial Group, LLLP | $6K | 0.01% |
| BNP Paribas Securities Corp. | $1K | 0.00% |
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.