ProShares Ultra Materials (UYM) is a industrials and materials ETF. As of October 9, 2026, ETF Copilot scores UYM 3.5 out of 10 — highest on Growth (5.4), lowest on Risk (0.5). It trades at 21.2 times earnings, against its own median of 17.6. Its ten largest holdings are 60% of the fund.
What stands out in UYM's data
Aims for twice the daily return of the S&P Materials Select Sector Index.
Earns less on its capital than most peers — a drag that compounds with leverage.
Return on invested capital of 10.6% trails the category median of 14.6% and its own 11.2% historical median. Just 25 holdings and a 1.22% expense ratio add to the cost of the bet.
A short-term tactical tool for a leveraged materials bet, not a long-term holding.
Why did UYM move this week? It rose 1.9% in the week to October 9, 2026 — Nucor and Ecolab drove it
UYM rose 1.9% in the week to October 9, 2026. The holdings that moved it most were Nucor (+4.1%), Ecolab (+3.0%) and Freeport-McMoRan (+2.3%); Mosaic (−11.1%) pushed the other way.
How is UYM rated? ETF Copilot scores ProShares Ultra Materials (UYM) 3.5 out of 10
As of October 9, 2026, ETF Copilot scores ProShares Ultra Materials (UYM) 3.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.5 / 10
- Growth: 5.4 / 10
- Value: 3.7 / 10
- Risk: 0.5 / 10
- Quality: 2.8 / 10
- Return: 3.8 / 10
Is UYM expensive right now? It trades at 21.2 times earnings, against its own median of 17.6
As of October 9, 2026, UYM is more expensive than 61% of its own last 7 years.
Trailing 12 months, built from UYM's holdings. How we calculate this →
What's inside UYM?
What's inside UYM: Size (Large 60%, Mid 41%, Small 0%); Geography (International 24%, US 76%).
What are UYM's top holdings? The ten largest are 60% of the fund
More concentrated than 80% of Industrials & Materials ETFs.
Half of UYM's weight sits in its 8 largest positions, and once those weights are taken into account it behaves like 18 equally weighted holdings.
What is UYM's expense ratio? 1.22% a year
As of October 9, 2026, UYM charges 1.22% a year, yields 1.26% and holds $34M in assets across 25 positions.
| Measure | UYM |
|---|---|
| Expense ratio | 1.22% |
| Dividend yield | 1.26% |
| Assets under management | $34M |
| Holdings | 25 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “ProShares Ultra Materials (UYM) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/uym
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