USD ProShares Ultra Semiconductors

Aims to return twice the daily move of Dow Jones U.S. Semiconductors IndexProShares0.94% fee$3.1bnSince Jan 4, 2010Fund page at the issuer ↗SEC filings ↗

USD aims to return +2 times Dow Jones U.S. Semiconductors Index's move each day, then resets. Over one day it does that.

ETFIQ publishes no comparison for USD. Measuring a leveraged fund means pricing what it tracks over the same days, and no live price history was found for Dow Jones U.S. Semiconductors Index, so there is nothing to hold its return against. Its own returns below are unaffected, and it is left out of every ranking and score on this desk rather than placed last in them.

In the year to Oct 2, 2026, a net $11.2m came in; in the month to Oct 2, 2026, a net $49.0m went out.

USD: net flow each day, 1 month to Oct 2, 2026USD, net flow each day in the month to Oct 2, 2026: money came in on 0 days and went out on 12 days, a net −$49.0m over the 1 month.$0−$8.8mSep 3, 2026Oct 2, 2026USD: net flow each day, 1 month to Oct 2, 2026USD, net flow each day in the month to Oct 2, 2026: money came in on 0 days and went out on 12 days, a net −$49.0m over the 1 month.$0−$8.8mSep 3, 2026Oct 2, 2026

USD, net flow each day in the month to Oct 2, 2026: money came in on 0 days and went out on 12 days, a net −$49.0m over the 1 month.

USD: net flow each day, 3 months to Oct 2, 2026USD, net flow each day in the three months to Oct 2, 2026: money came in on 16 days and went out on 27 days, a net +$41.1m over the 3 months.+$23.1m−$8.8mJul 6, 2026Oct 2, 2026USD: net flow each day, 3 months to Oct 2, 2026USD, net flow each day in the three months to Oct 2, 2026: money came in on 16 days and went out on 27 days, a net +$41.1m over the 3 months.+$23.1m−$8.8mJul 6, 2026Oct 2, 2026

USD, net flow each day in the three months to Oct 2, 2026: money came in on 16 days and went out on 27 days, a net +$41.1m over the 3 months.

USD: net flow each week, 1 year to Oct 2, 2026USD, net flow each week in the year to Oct 2, 2026: money came in on 28 weeks and went out on 23 weeks, a net +$11.2m over the 1 year.+$51.3m−$49.0mOct 3, 2025Oct 2, 2026USD: net flow each week, 1 year to Oct 2, 2026USD, net flow each week in the year to Oct 2, 2026: money came in on 28 weeks and went out on 23 weeks, a net +$11.2m over the 1 year.+$51.3m−$49.0mOct 3, 2025Oct 2, 2026

USD, net flow each week in the year to Oct 2, 2026: money came in on 28 weeks and went out on 23 weeks, a net +$11.2m over the 1 year.

1 day
−$2.0m
Oct 2, 2026
1 week
−$3.9m
Sep 28, 2026 to Oct 2, 2026
1 month
−$49.0m
Sep 3, 2026 to Oct 2, 2026
3 months
+$41.1m
Jul 6, 2026 to Oct 2, 2026
Year to date
−$67.9m
Jan 2, 2026 to Oct 2, 2026 · round trip, net −$19.8m
1 year
+$11.2m
Oct 3, 2025 to Oct 2, 2026 · round trip, net −$19.8m

Computed by ETFIQ from ProShares’s daily figures: each day’s change in shares outstanding times the previous day’s net asset value, dated to the day of the count. Each figure is net, money in less money out.

Round trips: $250m came in on Mar 17, 2026 and $250m went out on Mar 19, 2026; $238m came in on Mar 25, 2026 and $224m went out on Mar 27, 2026; $284m came in on Apr 8, 2026 and $318m went out on Apr 10, 2026. A creation undone within days moves money in and straight back out, so it says little about what investors wanted. Both days stay in every total and are marked in the tables and the drawings.

Every trading day, last 3 months
Oct 2, 2026 −$2.0m
Oct 1, 2026 $0
Sep 30, 2026 $0
Sep 29, 2026 $0
Sep 28, 2026 −$1.9m
Sep 25, 2026 −$946k
Sep 24, 2026 $0
Sep 23, 2026 $0
Sep 22, 2026 $0
Sep 21, 2026 $0
Sep 18, 2026 −$3.4m
Sep 17, 2026 −$8.8m
Sep 16, 2026 −$7.9m
Sep 15, 2026 $0
Sep 14, 2026 −$2.6m
Sep 11, 2026 −$1.7m
Sep 10, 2026 −$5.4m
Sep 9, 2026 −$896k
Sep 8, 2026 $0
Sep 4, 2026 −$6.8m
Sep 3, 2026 −$6.7m
Sep 2, 2026 −$4.9m
Sep 1, 2026 −$7.6m
Aug 31, 2026 −$6.6m
Aug 28, 2026 −$6.2m
Aug 27, 2026 +$15.4m
Aug 26, 2026 $0
Aug 25, 2026 +$15.9m
Aug 24, 2026 −$4.2m
Aug 21, 2026 $0
Aug 20, 2026 −$5.1m
Aug 19, 2026 −$4.4m
Aug 18, 2026 +$955k
Aug 17, 2026 $0
Aug 14, 2026 +$5.7m
Aug 13, 2026 −$3.7m
Aug 12, 2026 $0
Aug 11, 2026 +$3.6m
Aug 10, 2026 $0
Aug 7, 2026 +$3.6m
Aug 6, 2026 −$3.6m
Aug 5, 2026 −$5.4m
Aug 4, 2026 $0
Aug 3, 2026 −$786k
Jul 31, 2026 −$1.6m
Jul 30, 2026 +$17.2m
Jul 29, 2026 +$11.4m
Jul 28, 2026 +$8.0m
Jul 27, 2026 $0
Jul 24, 2026 +$9.1m
Jul 23, 2026 −$4.6m
Jul 22, 2026 $0
Jul 21, 2026 +$5.0m
Jul 20, 2026 +$7.4m
Jul 17, 2026 $0
Jul 16, 2026 $0
Jul 15, 2026 $0
Jul 14, 2026 +$16.0m
Jul 13, 2026 $0
Jul 10, 2026 −$5.6m
Jul 9, 2026 −$1.8m
Jul 8, 2026 +$23.1m
Jul 7, 2026 +$1.8m
Jul 6, 2026 +$12.3m

Net flow into USD each trading day, Jul 6, 2026 to Oct 2, 2026, most recent first. Computed by ETFIQ from ProShares’s daily figures.

Week by week, last year
Oct 2, 2026 −$3.9m
Sep 25, 2026 −$946k
Sep 18, 2026 −$22.6m
Sep 11, 2026 −$8.0m 4 days
Sep 4, 2026 −$32.7m
Aug 28, 2026 +$20.8m
Aug 21, 2026 −$8.5m
Aug 14, 2026 +$5.5m
Aug 7, 2026 −$6.2m
Jul 31, 2026 +$35.0m
Jul 24, 2026 +$16.8m
Jul 17, 2026 +$16.0m
Jul 10, 2026 +$29.7m
Jul 2, 2026 +$16.8m 4 days
Jun 26, 2026 +$1.6m
Jun 18, 2026 +$4.0m 4 days
Jun 12, 2026 +$20.7m
Jun 5, 2026 −$9.4m
May 29, 2026 −$41.2m 4 days
May 22, 2026 +$18.7m
May 15, 2026 −$10.9m
May 8, 2026 +$12.0m
May 1, 2026 +$37.8m
Apr 24, 2026 −$47.9m
Apr 17, 2026 +$7.2m
Apr 10, 2026 −$37.9m round trip, net −$34.3m
Apr 2, 2026 −$35.5m 4 days
Mar 27, 2026 +$51.3m round trip, net +$14.1m
Mar 20, 2026 −$49.0m round trip, net +$395k
Mar 13, 2026 −$18.0m
Mar 6, 2026 +$2.9m
Feb 27, 2026 −$29.0m
Feb 20, 2026 $0 4 days
Feb 13, 2026 +$45.7m
Feb 6, 2026 −$26.8m
Jan 30, 2026 +$3.3m
Jan 23, 2026 +$3.8m 4 days
Jan 16, 2026 −$14.1m
Jan 9, 2026 −$11.1m
Jan 2, 2026 −$924k 4 days
Dec 26, 2025 +$33.2m 4 days
Dec 19, 2025 +$2.0m
Dec 12, 2025 −$10.1m
Dec 5, 2025 $0
Nov 28, 2025 +$948k 4 days
Nov 21, 2025 +$14.3m
Nov 14, 2025 +$9.3m
Nov 7, 2025 −$12.1m
Oct 31, 2025 +$11.7m
Oct 24, 2025 −$9.3m
Oct 17, 2025 +$7.0m
Oct 10, 2025 +$16.5m
Oct 3, 2025 +$12.5m 1 day

Net flow into USD each week, Oct 3, 2025 to Oct 2, 2026, most recent first, each week named by its last trading day with a figure. Computed by ETFIQ.

Month by month
USD: net flow each monthUSD, net flow each month from Nov 2023 to Oct 2026: money came in in 17 months and went out in 19 months.+$106m−$100mNov 2023Oct 2026USD: net flow each monthUSD, net flow each month from Nov 2023 to Oct 2026: money came in in 17 months and went out in 19 months.+$106m−$100mNov 2023Oct 2026

USD, net flow each month from Nov 2023 to Oct 2026: money came in in 17 months and went out in 19 months.

Oct 2026 −$2.0m ETFIQ, the sum of its days, Oct 1 to Oct 2
Sep 2026 −$59.5m ETFIQ, the sum of its days
Aug 2026 +$5.0m ETFIQ, the sum of its days
Jul 2026 +$106m ETFIQ, the sum of its days
Jun 2026 +$25.8m ETFIQ, the sum of its days
May 2026 −$44.6m ETFIQ, the sum of its days
Apr 2026 −$53.3m ETFIQ, the sum of its days
Mar 2026 −$12.5m ETFIQ, the sum of its days
Feb 2026 −$10.1m SEC Form N-PORT
Jan 2026 −$22.3m SEC Form N-PORT
Dec 2025 +$28.4m SEC Form N-PORT
Nov 2025 +$12.4m SEC Form N-PORT
Oct 2025 +$37.3m SEC Form N-PORT
Sep 2025 −$56.2m SEC Form N-PORT
Aug 2025 −$38.8m SEC Form N-PORT
Jul 2025 −$100m SEC Form N-PORT
Jun 2025 −$29.5m SEC Form N-PORT
May 2025 −$11.2m SEC Form N-PORT
Apr 2025 +$26.4m SEC Form N-PORT
Mar 2025 −$4.6m SEC Form N-PORT
Feb 2025 −$32.3m SEC Form N-PORT
Jan 2025 +$18.4m SEC Form N-PORT
Dec 2024 −$30.1m SEC Form N-PORT
Nov 2024 −$27.3m SEC Form N-PORT
Oct 2024 −$30.7m SEC Form N-PORT
Sep 2024 +$12.2m SEC Form N-PORT
Aug 2024 +$25.7m SEC Form N-PORT
Jul 2024 +$15.7m SEC Form N-PORT
Jun 2024 +$95.9m SEC Form N-PORT
May 2024 +$14.6m SEC Form N-PORT
Apr 2024 −$16.0m SEC Form N-PORT
Mar 2024 +$101m SEC Form N-PORT
Feb 2024 +$33.7m SEC Form N-PORT
Jan 2024 +$5.0m SEC Form N-PORT
Dec 2023 −$10.6m SEC Form N-PORT
Nov 2023 +$602k SEC Form N-PORT

Net flow into USD each month, most recent first. A month from SEC Form N-PORT is sales and reinvestments less redemptions as filed; a later month is the sum of its days, and says so where a day is missing.

Every day and month ETFIQ holds for USD, back to 2019, is in its flows file. Flows across every fund · How these flows are computed

In plain words

Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. USD itself moved at 76% annualized over that window. No listed fund tracks this index, so ETFIQ has no daily series to measure the fund against. Its own return is shown and no achieved multiple is computed: on this desk the difference from the label is meant to be the fund’s own cost, and a nearly right benchmark would put the gap between two indexes into that figure.
Sets out to return+2 times the daily move of Dow Jones U.S. Semiconductors Index, reset daily
UnderlyingDow Jones U.S. Semiconductors Index (no investable tracker)
Segmentsector or country, sector
Net assets (issuer page, as of Oct 2, 2026)$3.1bn
Expense ratio (485BPOS XBRL, Sep 25, 2026)0.94%
LaunchedJan 4, 2010
USD (ProShares Ultra Semiconductors), leveraged ETFs fields as of Oct 2, 2026. Source: ETFIQ.
Returns are ETFIQ calculations from Tiingo end-of-day prices, distributions reinvested, measured against the underlying over exactly the same days. How these figures are computed

Questions people ask about USD

Why does USD not return +2 times over a year?
Because it resets daily. USD 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.
Sources and dates
Fee, 0.94%SEC 485BPOS XBRL · Sep 25, 2026
Net assets, $3.1bnIssuer page · Oct 2, 2026

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Cite this page

ETFIQ, USD, leveraged ETFs, data as of Oct 2, 2026. https://etfiq.com/funds/usd

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Stated multiple
What the fund sets out to return against its underlying, each day. A fund at 2x aims to return twice the underlying’s daily move, and an inverse fund at -2x aims to return twice it in the opposite direction.
Daily reset
The fund starts each day aiming at the multiple again, from wherever it now stands. It is the mechanism that makes these funds behave as they do, and the reason the stated multiple applies to a day rather than to a holding period.
Compounding
Daily results multiply together rather than adding up. Two days of the multiple is not twice the multiple, and over a run of days the difference between the two grows with how far the underlying moves about.
Decay
What compounding costs a holder when the underlying falls and rises back to where it started. The underlying is level and the fund is down; the more violently it moved, the further down.
Difference against the stated multiple
The fund’s return minus the stated multiple times the underlying’s return, in percentage points. The one figure that says whether a holder got what the fund’s own multiple describes.