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

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

August 27, 2025 10:45 AM EDT

Worlds 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 worlds 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 worlds largest leveraged ETF.1

Unlike the traditional S&P 500, which weights stocks by market... More