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ProShares launches leveraged ETF targeting S&P 500 equal weight index

Wed, 27 Aug 2025 10:46:26 -0400

ProShares announced the launch of Ultra S&P 500 Equal Weight (URSP), an exchange-traded fund designed to deliver twice the daily returns of the S&P 500 Equal Weight Index. The fund represents the only ETF targeting leveraged exposure to this equal-weighted benchmark.

The S&P 500 Equal Weight Index assigns each company a uniform weight of 0.2% at its quarterly rebalance, contrasting with the traditional S&P 500 that weights stocks by market capitalization. This approach reduces concentration in large companies, with over one-third of the traditional S&P 500's weight currently concentrated in seven companies.

"The S&P 500 for a long time has been the

ProShares Launches Only ETF to Target 2x Daily Returns of the S&P 500 Equal Weight Index

Wed, 27 Aug 2025 10:45:00 -0400

World’s largest provider of leveraged and inverse ETFs expands lineup with novel way to magnify returns of S&P 500 companies.

BETHESDA, Md.--(BUSINESS WIRE)-- ProShares, the world’s leader in leveraged and inverse ETFs, today announced the launch of Ultra S&P 500 Equal Weight (URSP)—the only ETF designed to target 2x the daily returns of the S&P 500 Equal Weight Index. URSP expands ProShares’ $60 billion suite of leveraged and inverse ETFs, which also includes UltraPro QQQ (TQQQ), the world’s largest leveraged ETF.1

Unlike the traditional S&P 500, which weights stocks by market capitalization, the S&P 500 Equal Weight Index assigns

ProShares Launches Only ETF to Target 2x Daily Returns of the S&P 500 Equal Weight Index

Wed, 27 Aug 2025 10:45:00 -0400

World’s largest provider of leveraged and inverse ETFs expands lineup with novel way to magnify returns of S&P 500 companies.

Unlike the traditional S&P 500, which weights stocks by market capitalization, the S&P 500 Equal Weight Index assigns