# UXI (ProShares Ultra Industrials)

ProShares · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: UXI returned −18.0% where its own daily promise gave −17.1%, 0.9 points short.

## Key facts

- UXI, what XLI did: −8.7%, as of Sep 30, 2026.
- UXI, what 2 times a day gives: −17.1%, as of Sep 30, 2026.
- UXI, what the fund returned: −18.0%, as of Sep 30, 2026.
- UXI, the fund itself cost: −0.9 pts, as of Sep 30, 2026.
- UXI, net assets: $25m (issuer page, as of Sep 30, 2026).
- UXI, expense ratio: 0.95% (485BPOS XBRL, Sep 25, 2026).

## UXI over each window to Sep 30, 2026

| Window | Fund | XLI | +2x the move | Difference | XLI moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −9.1% | −4.4% | −8.8% | −0.3 pts | 13% |
| 3 months | −18.0% | −8.7% | −17.4% | −0.6 pts | 14% |
| 6 months | 0.0% | +2.1% | +4.1% | −4.1 pts | 18% |
| 1 year | +10.3% | +9.5% | +19.0% | −8.6 pts | 17% |
| 3 years | +124.7% | +71.7% | +143.4% | −18.7 pts | 17% |
| Since launch | +1919.9% | +702.3% | 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 | +2.07 times, against +2 stated | ETFIQ |
| Underlying | XLI | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $25m | issuer page, as of Sep 30, 2026 |
| Expense ratio | 0.95% | 485BPOS XBRL, Sep 25, 2026 |
| Launched | Jan 4, 2010 | ETFIQ |
| Underlying volatility over the window | 14% annualized | ETFIQ |

## Questions

### Did UXI return +2 times XLI?

Over the window to Sep 30, 2026, XLI moved −8.7% and UXI returned −18.0%. 2 times that move is −17.4%, so the fund came out 0.6 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 figure itself.


## Cite this page

ETFIQ, UXI, data as of Sep 30, 2026. https://etfiq.com/funds/uxi
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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