Summary
ProShares - Ultra Materials is an ETF - a fund traded on an exchange like a stock - run by ProShares. Positions inside: 31. The ten largest make up 68% of the fund.
- Yearly costs
- 1.18%
- Fund size
- $37.0M
- Positions
- 31
- Dividend yield
- 1.12%
- Running since
- 2007
What speaks for it
- Average yearly growth over the last ten years: 11%.
- It has been running since 2007.
What to watch
- The ten largest positions make up 68% of the fund, so its result rests on a few names.
- 83% of the fund is in one sector (Basic materials).
- Costs of 1.18% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 48% from its high.
- A small fund with $37.0M under management; small funds get closed more often.
- It trades little: only about $312.8K 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
- +3.8%
- 3 months
- +2.4%
- This year
- +19%
- 1 year
- +23%
- 3 years
- +50%
- 5 years
- +18%
- 10 years
- +172%
- Avg. market cap
- $72.4B
- P/E
- 21.3x
- Forward P/E
- 17.2x
- P/S
- 1.8x
- P/B
- 2.7x
- P/FCF
- 20.7x
- EV/EBITDA
- 12.6x
- Dividend yield
- 1.95%
- ROIC
- 8.3%
- ROE
- 16.9%
- Gross margin
- 32.1%
- Operating margin
- 17.1%
- Net margin
- 12.3%
- Payout ratio
- 41.4%
- Net debt/EBITDA
- 2.8x
- Beta
- 1.36
Weighted average of the 25 largest companies, which make up 71% 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) 29%
- 2 LILinde plc LIN 9.2%
- 3 NENewmont NEM 5.0%
- 4 FCFreeport-McMoRan Inc. FCX 4.0%
- 5 ECEcolab Inc. ECL 3.6%
- 6 SHSherwin-Williams SHW 3.5%
- 7 VMVulcan Materials Company VMC 3.5%
- 8 APAir Products and Chemicals, Inc. APD 3.4%
- 9 STSteel Dynamics, Inc. STLD 3.4%
- 10 NUNucor Corporation NUE 3.4%
Positions in the fund: 31. The ten largest make up 68% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Basic materials 83%
- Consumer cyclical 17%
By country
- United States 53%
- United Kingdom 9.5%
- Ireland 5.7%
- Switzerland 2.2%
- Other countries 29%
By company size
- Mega cap 13%
- Large cap 86%
- Mid cap 0.9%
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 71% of the fund.
Largest sector: Basic materials (83%). Largest country: United States (53%). Largest size group: Large cap (86%).
What does it cost me?
Expensive- A year from $10,000
- $118
- Over 20 years
- $5,368
From every $10,000 invested the fund takes $118 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 $5,368.
How has it done?
Growing over the long run- A year on average, 10 years
- +11%
- Deepest drop
- -48%
- Yearly volatility
- 36%
Average yearly growth over the last ten years: 11%. Deepest drop in these years: 48% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.12%
- Payments a year
- 4
- Last payment
- $0.09
Over the last 12 months it paid $0.33 per share, which is 1.12% of today's price. The last payment was $0.09 on Sep 23, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $312.8K
- Shares a day
- 11K
On an average day about $312.8K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 21.3
- Average Bulios Score
- 61 out of 100
Weight by Bulios Fair Price
- Undervalued 8.9%
- Fairly valued 10%
- Overvalued 81%
On average the companies inside trade for 21.3 times their yearly profit. By Fair Price, 81% of the rated weight comes out as overvalued.
Counted from its largest companies (25), which make up 71% 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 | ||
|---|---|---|---|---|---|---|
XL XLB Materials Select Sector SPDR Fund | United States | 0.08% | $8.06B | +15% | Pays out | 71% |
2B 2B7B.DE iShares S&P 500 Materials Sector UCITS ETF | Ireland | 0.15% | $204.5M | +21% | Reinvests | 65% |
RS RSPM Invesco S&P 500 Equal Weight Materials ETF | United States | 0.40% | $177.1M | +19% | Pays out | 63% |
TR TRUM VanEck Materials TruSector ETF | United States | 0.15% | $252.7K | - | Pays out | 57% |
VA VAW Vanguard Materials ETF | United States | 0.09% | $4.50B | +10% | Pays out | 57% |
VM VMIAX Vanguard Materials Index Fund Admiral Shares· mutual fund | United States | 0.09% | $4.52B | +10% | Pays out | 57% |
