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UGE - ProShares Ultra Consumer Goods

Expense Ratio: 0.95%

UGE ETF Stock Chart

UGE Profile

ProShares Ultra Consumer Goods logo

The Ultra Consumer Goods 2X ETF (UGE) is an exchange-traded fund (ETF) that seeks to provide investors with twice the daily return of the Dow Jones U.S. Consumer Goods Index. This index is a subset of the Dow Jones U.S. Total Market Index and includes companies that produce consumer goods such as food, beverages, household goods, and personal care products.

The investment objective of UGE is to provide leveraged exposure to the consumer goods sector, which can allow investors to potentially amplify their returns when the sector is performing well. However, it is important to note that this leverage also amplifies potential losses if the sector is underperforming.

The ETF achieves its investment objective by using financial derivatives such as futures contracts and swap agreements, which can introduce additional risks for investors. Additionally, UGE is subject to fees and expenses that can reduce returns for investors.

Investing in UGE may be suitable for investors who have a bullish outlook on the consumer goods sector and are comfortable with the risks associated with leverage and derivative instruments. However, as with any investment, investors should carefully evaluate the potential benefits and risks of investing in UGE and should consider their investment objectives, risk tolerance, and investment time horizon before making an investmen


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