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UCC - Ultra Consumer Services 2X ETF

Ultra Consumer Services 2X ETF logoUCC is an exchange-traded fund (ETF) offered by ProShares that seeks to provide investors with double daily exposure to the price movements of the Dow Jones U.S. Consumer Services Index. The ETF uses leverage to achieve its investment objective, which means that it attempts to provide investors with twice the daily returns of the underlying index.

The Dow Jones U.S. Consumer Services Index includes companies that provide a range of services to consumers, including media, retail, travel and leisure, and consumer staples.

As of September 2021, the UCC ETF had a net asset value (NAV) of approximately $60 million and held a portfolio of consumer services companies. The ETF's expense ratio is 0.95%, which is relatively high compared to other ETFs.

As a leveraged ETF, UCC is designed to provide investors with amplified returns, but it is also subject to increased volatility and risk. This makes it more suitable for experienced and sophisticated investors who are comfortable with the risks involved.

Overall, the ProShares Ultra Consumer Services 2X ETF (UCC) could be a good investment option for investors looking to gain exposure to the consumer services sector. However, it is important to consider the risks associated with leveraged ETFs and to conduct thorough research before making an investment decision. Investors should also be aware of the potential impact of economic factors, consumer trends, and competition on the consumer services sector, as these can affect the value of the ETF.

 



 

 

 
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