Summary
ProShares - Ultra SmallCap600 is an ETF - a fund traded on an exchange like a stock - run by ProShares. Positions inside: 607. The ten largest make up 28% of the fund.
- Yearly costs
- 1.48%
- Fund size
- $26.2M
- Positions
- 607
- Dividend yield
- 0.72%
- Running since
- 2007
What speaks for it
- Widely spread: the ten largest positions make up only 28% of the fund.
- Average yearly growth over the last ten years: 12%.
- It has been running since 2007.
What to watch
- 99% of the fund is in one country (United States).
- Costs of 1.48% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 57% from its high.
- A small fund with $26.2M under management; small funds get closed more often.
- It trades little: only about $138.4K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +5.1%
- 3 months
- -9.3%
- This year
- +34%
- 1 year
- +36%
- 3 years
- +78%
- 5 years
- -4.0%
- 10 years
- +198%
- Avg. market cap
- $7.87B
- P/E
- 15.7x
- Forward P/E
- 16.3x
- P/S
- 1.0x
- P/B
- 2.4x
- P/FCF
- 14.0x
- EV/EBITDA
- 13.5x
- Dividend yield
- 1.25%
- ROIC
- 37.0%
- ROE
- 16.5%
- Gross margin
- 49.6%
- Operating margin
- 12.9%
- Net margin
- 9.6%
- Payout ratio
- 19.7%
- Net debt/EBITDA
- 2.6x
- Beta
- 2.07
Weighted average of the 50 largest companies, which make up 16% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 Net Other Assets (Liabilities) 24%
- 2 GKGlaukos GKOS 0.6%
- 3 VSViasat, Inc. VSAT 0.5%
- 4 PAPaycom Software PAYC 0.4%
- 5 SMSM Energy Company SM 0.4%
- 6 MTMatch Group MTCH 0.4%
- 7 PTProtagonist Therapeutics PTGX 0.4%
- 8 RHRyman Hospitality Properties, Inc. RHP 0.4%
- 9 TGTG Therapeutics TGTX 0.4%
- 10 LTLife Time LTH 0.4%
Positions in the fund: 607. The ten largest make up 28% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One countryBy sector
- Financials 13%
- Technology 12%
- Industrials 11%
- Consumer cyclical 9.4%
- Healthcare 8.4%
- Other 46%
By country
- United States 99%
- Singapore 0.09%
- Hong Kong SAR China 0.03%
By company size
- Large cap 2.5%
- Mid cap 84%
- Small cap 14%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 76% of the fund.
Largest sector: Financials (13%). Largest country: United States (99%). Largest size group: Mid cap (84%).
What does it cost me?
Expensive- A year from $10,000
- $148
- Over 20 years
- $6,558
From every $10,000 invested the fund takes $148 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $6,558.
How has it done?
Growing over the long run- A year on average, 10 years
- +12%
- Deepest drop
- -57%
- Yearly volatility
- 32%
Average yearly growth over the last ten years: 12%. Deepest drop in these years: 57% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.72%
- Payments a year
- 4
- Last payment
- $0.05
Over the last 12 months it paid $0.25 per share, which is 0.72% of today's price. The last payment was $0.05 on Sep 23, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $138.4K
- Shares a day
- 4.0K
On an average day about $138.4K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 15.7
- Average Bulios Score
- 59 out of 100
Weight by Bulios Fair Price
- Undervalued 30%
- Fairly valued 7.8%
- Overvalued 62%
On average the companies inside trade for 15.7 times their yearly profit. By Fair Price, 62% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 16% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SP SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF | United States | 0.03% | $16.0B | +20% | Pays out | 76% |
IU IUS3.DE iShares S&P SmallCap 600 UCITS ETF | Ireland | 0.30% | $3.14B | +23% | Pays out | 76% |
IJ IJR.AX iShares S&P Small-Cap ETF | Australia | 0.07% | $596.9M | +12% | Pays out | 76% |
XS XSMH.TO iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged) | Canada | 0.22% | $36.3M | +18% | Pays out | 76% |
XS XSMC.TO iShares S&P U.S. Small-Cap Index ETF | Canada | 0.21% | $75.7M | +19% | Pays out | 76% |
IJ IJR iShares Core S&P Small-Cap ETF | United States | 0.06% | $105.6B | +21% | Pays out | 75% |
