# UXI (ProShares Ultra Industrials)

ProShares · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: UXI returned −5.7% where its own daily promise gave −4.5%, 1.2 points short.

## Key facts

- UXI, what XLI did: −1.9%, as of Sep 11, 2026.
- UXI, what +2 times a day gives: −4.5%, as of Sep 11, 2026.
- UXI, what the fund returned: −5.7%, as of Sep 11, 2026.
- UXI, the fund itself cost: −1.2 pts, as of Sep 11, 2026.
- UXI, net assets: $28m (issuer page, as of Sep 11, 2026).
- UXI, expense ratio: 0.95% (485BPOS XBRL, Sep 23, 2025).

## UXI over each window to Sep 11, 2026

| Window | Fund | XLI | +2x the move | Difference | XLI moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −14.6% | −7.3% | −14.5% | −0.1 pts | 13% |
| 3 months | −5.7% | −1.9% | −3.8% | −1.8 pts | 16% |
| 6 months | +6.4% | +5.2% | +10.5% | −4.1 pts | 19% |
| 1 year | +19.5% | +14.3% | +28.5% | −9.0 pts | 17% |
| 3 years | +121.2% | +70.9% | +141.8% | −20.6 pts | 17% |
| Since launch | +2037.9% | +726.0% | not meaningful over this window | not meaningful over this window | 19% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of XLI, reset daily | ETFIQ |
| Multiple a holder actually got over the window | XLI moved −1.9% over this window, too little to read a multiple from | ETFIQ |
| Underlying | XLI | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $28m | issuer page, as of Sep 11, 2026 |
| Expense ratio | 0.95% | 485BPOS XBRL, Sep 23, 2025 |
| Launched | Jan 4, 2010 | ETFIQ |
| Underlying volatility over the window | 16% annualized | ETFIQ |

## Questions

### Did UXI return +2 times XLI?

Over the window to Sep 11, 2026, XLI moved −1.9% and UXI returned −5.7%. 2 times that move is −3.8%, so the fund came out 1.8 points short of it.

### Why does UXI not return +2 times over a year?

Because it resets daily. UXI aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x XLI ETF tracked its stated multiple most closely?

2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, UXI, data as of Sep 11, 2026. https://etfiq.com/funds/UXI
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/UXI  ·  JSON: https://etfiq.com/funds/UXI.json