UYG Fees and Costs — ProShares Ultra Financials
Data updated: 2026-08-14
The net expense ratio is 0.95%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $95K in broker commissions, 0.0119% of average net assets, and portfolio turnover was 221%.
UYG Fees and Expenses
Annual operating expenses and sales charges of UYG. Prospectus, as of October 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.18% |
| 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 | No |
UYG Costs Over Time
On $10,000 invested in UYG, 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% |
UYG 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): 0.0119%
- Total broker commissions: $95K
- Bought from dealers (principal trades, not a cost): $6.1B
- Portfolio turnover (prospectus): 221%
- Securities on loan, average value: $2.9M
- Net income from securities lending: $18K (0.002% of average net assets)
UYG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $56K | 59.29% |
| Susquehanna Financial Group, LLLP | $38K | 39.76% |
| BofA Securities, Inc. | $899 | 0.95% |
UYG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $4.5B | 72.78% |
| Barclays Capital, Inc. | $609.9M | 9.95% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $257.4M | 4.20% |
| BNP Paribas Securities Corp. | $194.4M | 3.17% |
| Citigroup Global Markets Inc. | $180.4M | 2.94% |
| Goldman Sachs & Co. LLC | $169.2M | 2.76% |
| Jefferies LLC | $124.7M | 2.03% |
| Bank of Montreal | $87.1M | 1.42% |
| Virtu Americas LLC | $26.7M | 0.44% |
| Jane Street Capital, LLC | $18.9M | 0.31% |
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.