Berkshire Hathaway Inc. - Ordinary Shares - Class B

JPMorgan Chase & Co

Visa

Mastercard

Bank of America

Wells Fargo

Goldman Sachs

American Express

Morgan Stanley

S&P Global

ProShares Ultra Financials

UYG provides 2x leveraged exposure to a market-cap-weighted index of US financial services companies.

UYG provides 2x leveraged exposure to a market cap-weighted index of S&P 500 financial stocks.

The ProShares Ultra Financials ETF offers 2x daily leverage on the S&P Financial Select Sector Index, ideal for bullish short-term traders. UYG's 0.95% expense ratio is competitive for leveraged ETFs, but higher than non-leveraged sector ETFs, impacting returns in flat markets. Leveraged exposure can amplify gains and losses, making UYG suitable for high-risk tolerance and short-term strategies, not long-term holding.

UYG: A Leveraged Bet On Financials For Upcoming Deregulation

Banking is consolidating, with no more place for the little guys - at least not a meaningful one. A value-weighted ETF tracker of financials makes sense as the big guys see outsized benefits from cheap consolidations. Note that the value-add of being a large institution in taking on shaky smaller regional banks is massive, so forced selling is phenomenal for the large banks.

UYG: Value-Weighted ETFs Will Work As Banking Becomes A Two-Tier System

UYG is a leveraged ETF that covers a bunch of financial stocks whose exposures, while probably net positive, are mixed to the more stubborn than expected inflation. Leveraged ETFs carry a lot of risks and don't make sense for sectors that may require a buy-and-hold logic.

UYG Is An Ambiguous Proposition, Unwise Due To It Being A Leveraged ETF

ProShares Ultra Oil & Gas

ProShares Ultra Technology

ProShares Ultra Health Care

ProShares Ultra Consumer Goods

With a new year comes the opportunity to make changes, and that's what ProShares has done by swapping benchmarks on 23 ETFs, largely focused on their inverse and leveraged strategies.

ProShares Makes Benchmark Changes to 23 ETFs

ProShares UltraShort Oil & Gas

ProShares Ultra Telecommunications

ProShares Short Real Estate

ProShares UltraShort Technology

ProShares UltraShort Health Care

ProShares UltraShort Consumer Discretionary 

ProShares UltraShort Utilities

ProShares Short Financials

ProShares UltraShort Industrials

ProShares UltraShort Financials

ProShares UltraShort Basic Materials

ProShares UltraShort Real Estate

ProShares UltraShort Consumer Goods

ProShares Ultra Consumer Services

ProShares Ultra Utilities

ProShares Ultra Real Estate

ProShares Ultra Industrials

ProShares Ultra Basic Materials

BETHESDA, Md.--( BUSINESS WIRE )--ProShares and ProFunds, premier providers of leveraged and inverse funds, announced plans to change the underlying indices for a combined 53 sector ETFs and mutual funds to S&P Select Indices.

ProShares and ProFunds Announce Benchmark Changes for 53 Geared Sector Funds

Direxion Daily Cloud Computing Bull 2X Shares

KraneShares CSI China Internet ETF

Direxion Daily Dow Jones Internet Bull 3X Shares

Most—but not all—ETFs have distributed minimal to no capital gains.

Some ETFs Deliver Cap Gains Hit

Direxion Daily Regional Banks Bull 3X Shares

Direxion Daily Financial Bull 3x Shares

The financial sector has been soaring lately on rising yields with many stocks hitting new highs.

Play Soaring Financial Sector With These Leveraged ETFs

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN

John Hancock Financial Opportunities Fund

Citigroup

Direxion Daily Financial Bear 3X Shares

Fidelity MSCI Financials Index ETF

First Trust Nasdaq Bank ETF

First Trust Financials AlphaDEX Fund

iShares U.S. Regional Banks ETF

iShares U.S. Financials ETF

iShares US Financial Services ETF

JH Mltfct Fncls Shs

SPDR S&P Bank ETF

Invesco KBW Bank ETF

Invesco KBW Regional Banking ETF

SPDR S&P Regional Banking ETF

First Trust NASDAQ ABA Community Bank Index Fund

Invesco S&P 500 Equal Weight Financials ETF

Vanguard Financials ETF

Financial Select Sector SPDR Fund

The financials and banking stocks have been some of the best performing of the reflation trade since the second half of 2020. On the whole, we know banks like to make their profits by lending long term and borrowing short term.

Financials Look Ripe For A Reversal

U.S. big banks Q1 earnings beat Street. Will their winning ways continue?

U.S. Banks Beat Street. Will Their Winning Ways Continue?

News for ProShares Ultra Financials ETF (UYG)