Summary
ProShares - Ultra Nasdaq Cloud Computing is an ETF - a fund traded on an exchange like a stock - run by ProShares. Positions inside: 70. The ten largest make up 71% of the fund.
- Yearly costs
- 5.86%
- Fund size
- $3.61M
- Positions
- 70
- Dividend yield
- 0.46%
- Running since
- 2021
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 71% of the fund, so its result rests on a few names.
- 88% of the fund is in one sector (Technology).
- Costs of 5.86% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 83% from its high.
- A small fund with $3.61M under management; small funds get closed more often.
- It trades little: only about $275.5K 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
- -5.4%
- 3 months
- +31%
- This year
- +31%
- 1 year
- +22%
- 3 years
- +191%
- 5 years
- -9.8%
- Avg. market cap
- $503.7B
- P/E
- 28.4x
- Forward P/E
- 22.7x
- P/S
- 4.0x
- P/B
- 7.6x
- P/FCF
- 23.3x
- EV/EBITDA
- 21.5x
- Dividend yield
- 0.37%
- ROIC
- 7.4%
- ROE
- 12.3%
- Gross margin
- 67.1%
- Operating margin
- 10.2%
- Net margin
- 11.5%
- Payout ratio
- 10.4%
- Net debt/EBITDA
- 2.9x
- Beta
- 2.89
Weighted average of the 50 largest companies, which make up 40% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 Net Other Assets (Liabilities) 56%
- 2 PPandora Media, Inc. P 2.1%
- 3 MSMicrosoft MSFT 1.6%
- 4 GOAlphabet GOOGL 1.6%
- 5 IBIBM IBM 1.6%
- 6 NTNutanix NTNX 1.5%
- 7 AMAmazon AMZN 1.5%
- 8 ANArista ANET 1.4%
- 9 DODigitalOcean Holdings, Inc. DOCN 1.4%
- 10 OROracle ORCL 1.3%
Positions in the fund: 70. The ten largest make up 71% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 88%
- Communication services 8.3%
- Consumer cyclical 3.3%
- Healthcare 0.6%
- Other 0.01%
By country
- United States 40%
- Canada 1.2%
- Australia 0.8%
- Germany 0.5%
- Other countries 57%
Largest sector: Technology (88%). Largest country: United States (40%).
What does it cost me?
Expensive- A year from $10,000
- $586
- Over 20 years
- $18,119
From every $10,000 invested the fund takes $586 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 $18,119.
How has it done?
Losing value- A year on average, 5 years
- -2.0%
- Deepest drop
- -83%
- Yearly volatility
- 62%
Average yearly decline over the last five years: 2.0%. Deepest drop in these years: 83% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.46%
- Payments a year
- 3
- Last payment
- $0.01
Over the last 12 months it paid $0.23 per share, which is 0.46% of today's price. The last payment was $0.01 on Sep 23, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $275.5K
- Shares a day
- 5.5K
On an average day about $275.5K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 28.4
- Average Bulios Score
- 59 out of 100
Weight by Bulios Fair Price
- Undervalued 15%
- Fairly valued 6.5%
- Overvalued 78%
On average the companies inside trade for 28.4 times their yearly profit. By Fair Price, 78% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 40% 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 | ||
|---|---|---|---|---|---|---|
SK SKYY First Trust Cloud Computing ETF | United States | 0.60% | $2.53B | +19% | Reinvests | 44% |
WC WCLD WisdomTree Cloud Computing Fund | United States | 0.45% | $293.6M | +22% | Reinvests | 23% |
WT WTEJ.DE WisdomTree Cloud Computing UCITS ETF - USD Acc | Ireland | 0.40% | $413.9M | +27% | Reinvests | 23% |
WT WTEJ.SG WisdomTree Cloud Computing UCITS ETF - USD Acc | Ireland | 0.40% | $412.8M | +26% | Reinvests | 23% |
FC FCLD Fidelity Cloud Computing ETF | United States | 0.39% | $117.8M | +45% | Pays out | 21% |
