{
 "ticker": "URSP",
 "name": "ProShares Ultra S&P 500 Equal Weight",
 "issuer": "ProShares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/ursp",
 "html": "https://etfiq.com/funds/ursp",
 "markdown": "https://etfiq.com/funds/ursp.md",
 "as_of": "2026-10-02",
 "verdict": "URSP aims to return +2 times S&P 500 Equal Weight's move each day, then resets. Over one day it does that.",
 "key_facts": [
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$35m",
   "source": "issuer page, as of Oct 2, 2026",
   "as_of": "2026-10-02",
   "sentence": "URSP, net assets: $35m (issuer page, as of Oct 2, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.95%",
   "source": "485BPOS XBRL, Sep 25, 2026",
   "as_of": "2026-10-02",
   "sentence": "URSP, expense ratio: 0.95% (485BPOS XBRL, Sep 25, 2026)."
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "S&P 500 Equal Weight (no investable tracker)",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "URSP, underlying: S&P 500 Equal Weight (no investable tracker), as of Oct 2, 2026."
  },
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of S&P 500 Equal Weight, reset daily",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "URSP, sets out to return: +2 times the daily move of S&P 500 Equal Weight, reset daily, as of Oct 2, 2026."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of S&P 500 Equal Weight, reset daily",
   "source": null
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "S&P 500 Equal Weight (no investable tracker)",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "broad index, index variant",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$35m",
   "source": "issuer page, as of Oct 2, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.95%",
   "source": "485BPOS XBRL, Sep 25, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Aug 27, 2025",
   "source": null
  }
 ],
 "periods": [],
 "questions": [
  {
   "q": "Why does URSP not return +2 times over a year?",
   "a": "Because it resets daily. URSP 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."
  }
 ],
 "flows": {
  "as_of": "2026-10-02",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/ursp.json",
  "windows": [
   {
    "window": "1 day",
    "from": "2026-10-02",
    "to": "2026-10-02",
    "net_flow_usd": -3267334,
    "net_flow": "\u2212$3.3m",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   },
   {
    "window": "1 week",
    "from": "2026-09-28",
    "to": "2026-10-02",
    "net_flow_usd": -3743809,
    "net_flow": "\u2212$3.7m",
    "round_trip_usd": 0,
    "days_counted": 5,
    "trading_days": 5
   },
   {
    "window": "1 month",
    "from": "2026-09-03",
    "to": "2026-10-02",
    "net_flow_usd": -17166134,
    "net_flow": "\u2212$17.2m",
    "round_trip_usd": 0,
    "days_counted": 21,
    "trading_days": 21
   },
   {
    "window": "3 months",
    "from": "2026-07-06",
    "to": "2026-10-02",
    "net_flow_usd": -2666018,
    "net_flow": "\u2212$2.7m",
    "round_trip_usd": 0,
    "days_counted": 64,
    "trading_days": 64
   },
   {
    "window": "Year to date",
    "from": "2026-01-02",
    "to": "2026-10-02",
    "net_flow_usd": -14702273,
    "net_flow": "\u2212$14.7m",
    "round_trip_usd": 0,
    "days_counted": 189,
    "trading_days": 189
   },
   {
    "window": "1 year",
    "from": "2025-10-03",
    "to": "2026-10-02",
    "net_flow_usd": -23023984,
    "net_flow": "\u2212$23.0m",
    "round_trip_usd": 0,
    "days_counted": 251,
    "trading_days": 251
   }
  ]
 },
 "generated": "2026-10-04",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms."
}