ProShares UltraPro S&P500 vs United States Oil ETF — how do they compare? ProShares UltraPro S&P500 trades at $154.38, while United States Oil ETF trades at $127.59. The key difference: ProShares UltraPro S&P500 is trading nearer its 52-week high, United States Oil ETF nearer its low. Which is the better fit depends on your goals.
| UPRO | USO | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $155.10 | $152.96 |
52-Week Low | $89.29 | $66.17 |
Trailing returns across standard periods
UPRO is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index. It is a tactical, high-conviction instrument designed for short-term traders to amplify bullish market moves, utilizing a daily reset mechanism that creates significant compounding effects and volatility risks over time.
Read more on UPRO →This ETF invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.
Read more on USO →