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UPGD

$--
--%
1d
1w
1m

Analysis and statistics

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About

UPGD.US represents the ProShares UltraPro Dow Jones Industrial Average ETF. This ETF is designed to provide triple (3x) the daily investment results of the Dow Jones Industrial Average (DJIA). As a leveraged ETF, it aims to amplify the returns of the DJIA, but it also magnifies the potential losses. Due to the effects of compounding, its performance over periods longer than a single day can differ significantly from three times the DJIA's performance and is generally not suitable for long-term holding periods, it is mainly designed for short-term tactical investment strategies.
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Factors

Underlying Assets: UPGD.US tracks an index, its price is heavily influenced by the collective performance of its underlying holdings.

Supply and Demand: Increased buyer demand relative to sellers pushes the ETF's price up, conversely, more sellers than buyers cause a price decline.

Interest Rates: Rising interest rates can negatively affect the ETF, especially if it contains bonds or companies sensitive to borrowing costs.

Market Sentiment: Overall investor optimism or pessimism regarding the broader market can impact the ETF's trading price.

Expense Ratio: The ETF's expense ratio, while small, can slightly affect returns over time compared to similar ETFs.

Index Tracking: How closely the ETF mirrors its target index impacts performance and pricing relative to that index.

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