# USD (ProShares Ultra Semiconductors)

ProShares · Leveraged ETFs · data as of Oct 2, 2026

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

## Key facts

- USD, net assets: $3.1bn (issuer page, as of Oct 2, 2026).
- USD, expense ratio: 0.94% (485BPOS XBRL, Sep 25, 2026).
- USD, underlying: Dow Jones U.S. Semiconductors Index (no investable tracker), as of Oct 2, 2026.
- USD, sets out to return: +2 times the daily move of Dow Jones U.S. Semiconductors Index, reset daily, as of Oct 2, 2026.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of Dow Jones U.S. Semiconductors Index, reset daily | ETFIQ |
| Underlying | Dow Jones U.S. Semiconductors Index (no investable tracker) | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $3.1bn | issuer page, as of Oct 2, 2026 |
| Expense ratio | 0.94% | 485BPOS XBRL, Sep 25, 2026 |
| Launched | Jan 4, 2010 | ETFIQ |

## Money in and out, to Oct 2, 2026

| Window | Dates | Net flow |
| --- | --- | --- |
| 1 day | Oct 2, 2026 | −$2.0m |
| 1 week | Sep 28, 2026 to Oct 2, 2026 | −$3.9m |
| 1 month | Sep 3, 2026 to Oct 2, 2026 | −$49.0m |
| 3 months | Jul 6, 2026 to Oct 2, 2026 | +$41.1m |
| Year to date | Jan 2, 2026 to Oct 2, 2026 | −$67.9m (of which a round trip: −$19.8m) |
| 1 year | Oct 3, 2025 to Oct 2, 2026 | +$11.2m (of which a round trip: −$19.8m) |

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: https://etfiq.com/data/flows/funds/usd.json. Method: https://etfiq.com/methodology/flows

## Questions

### 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.


## Cite this page

ETFIQ, USD, 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 https://etfiq.com/data/.

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