Key stats
About ProShares Trust ProShares Ultra Ether ETF
Home page
Inception date
Jun 7, 2024
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.
ETHT is a bullish one-day bet on Ether, seeking to provide double the daily returns of its underlying Ether index. The index, maintained by Bloomberg Index Services, is designed as a proxy for the Ether market. The index price is a composite of US Dollar-Ether trading activities reported by digital asset trading platforms. The fund does not invest directly in Ether. It primarily buys cash-settled Ether futures contracts, using a mathematical approach to obtain exposure to the index. It will roll the contracts monthly as they near expiration and replace them with new futures contracts with a later expiration date. The fund also holds money market instruments for necessary collateral. It gains leveraged exposure by utilizing a wholly-owned Cayman Islands subsidiary. The returns of the fund can vary significantly from 2x exposure if held for longer than a day. As a geared product with daily resets, the fund is designed as a short-term trading tool and not a long-term investment vehicle.
Classification
Symbol
Geography
Global
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
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Symbol
Assets
U
U.S. Dollar
100.00%
Top 10 weight100.00%
1 total holdings
Dividends
Sep '24
Dec '24
0.00
0.00
0.00
0.00
0.00
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Dec 23, 2024
Dec 23, 2024
Dec 31, 2024
0.003
Monthly
Sep 3, 2024
Sep 3, 2024
Sep 10, 2024
0.001
Monthly