ProShares UltraPro S&P500 vs Materials Select Sector SPDR Fund — how do they compare? ProShares UltraPro S&P500 trades at $141.79, while Materials Select Sector SPDR Fund trades at $50.01. The key difference: ProShares UltraPro S&P500 is trading nearer its 52-week high, Materials Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| UPRO | XLB | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $150.93 | $53.62 |
52-Week Low | $89.29 | $42.23 |
Trailing returns across standard periods
Latest headlines on both assets
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
Read more on XLB →