ProShares Ultra Health Care (RXL)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
59.33 USD
-1.61
(-2.638%) ⇩
(Oct. 13, 2026, 3:50 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 10:07 a.m. EDT
This instrument presents a classic case of a leveraged tactical tool masquerading as a long-term investment vehicle. The core issue is the compounding drag inherent in the structure; despite a massive +168% cumulative gain over the nine-year window, the asset has suffered a sharp -19.7% decline in the most recent year, leaving it significantly below its 2024 peak. This recent deterioration, combined with the asset's nature as a 2x leveraged ETF, creates a precarious environment where volatility decay erodes capital even during periods of general sector strength. While the dividend yield of roughly 1% provides a modest cushion, it is insufficient to offset the structural risks of leverage in a declining or choppy market. The options market reflects this uncertainty with almost no speculative positioning, indicating that traders view this as a neutral-to-risky holding rather than a catalyst for explosive moves. For a long-term holder, the multi-year trajectory of recent weakness suggests the market is pricing in significant headwinds or structural inefficiencies that a simple 'buy and hold' strategy cannot overcome without active management. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.033276 |
| AutoETS | 0.033277 |
| MSTL | 0.034997 |
| AutoTheta | 0.037619 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 0.44 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.706 |
| Excess Kurtosis | -0.59 |
| Attribute | Value |
|---|---|
| Trailing P/E | 30.19 |
As of Oct. 10, 2026, 10:07 a.m. EDT: Options activity is sparse and lacks directional conviction. Call volume is negligible across most expirations, with the only notable flow being a small block of volume at the $50 strike for January 2027, which remains well below open interest. Put activity is similarly muted, concentrated in short-dated strikes near the money. The implied volatility surface shows elevated premiums for deep out-of-the-money calls relative to the near-term ATM, suggesting a speculative tail risk preference rather than a structured directional bet.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.21% | 1.24% | 1.27% | 0.84% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-23 | 0.126000 | 0.213523 |
| 2026-06-24 | 0.177000 | 0.357576 |
| 2026-03-25 | 0.144000 | 0.315236 |
| 2025-12-24 | 0.184000 | 0.349677 |
| 2025-09-24 | 0.203000 | 0.496454 |
| 2025-06-25 | 0.219000 | 0.546271 |
| 2025-03-26 | 0.134000 | 0.278239 |
| 2024-12-23 | 0.147000 | 0.327030 |
| 2024-09-25 | 0.128500 | 0.233828 |
| 2024-06-26 | 0.172500 | 0.336750 |
| 2024-03-20 | 0.086000 | 0.167315 |
| 2023-12-20 | 0.084000 | 0.192882 |
| 2022-12-22 | 0.106500 | 0.224541 |
| 2022-06-22 | 0.001500 | 0.003645 |
| 2022-03-23 | 0.045500 | 0.092772 |
| 2021-12-23 | 0.022500 | 0.040772 |
| 2021-09-22 | 0.006000 | 0.011812 |
| 2021-06-22 | 0.006500 | 0.014144 |
| 2021-03-23 | 0.019500 | 0.050590 |
| 2020-12-23 | 0.018250 | 0.049455 |
| 2020-03-25 | 0.038250 | 0.197368 |
| 2019-12-24 | 0.033250 | 0.103389 |
| 2019-06-25 | 0.024750 | 0.093848 |
| 2019-03-20 | 0.026500 | 0.100512 |
| 2018-12-26 | 0.031250 | 0.143021 |
| 2018-09-26 | 0.013250 | 0.046288 |
| 2018-06-20 | 0.012500 | 0.053311 |
| 2018-03-21 | 0.016500 | 0.072512 |
| 2017-12-26 | 0.025000 | 0.113366 |
| 2016-09-21 | 0.001750 | 0.010449 |
| 2016-06-22 | 0.005000 | 0.032180 |
| 2016-03-23 | 0.011750 | 0.083245 |
| 2015-12-22 | 0.134250 | 0.825012 |
| 2015-09-23 | 0.004000 | 0.025126 |
| 2015-06-24 | 0.007000 | 0.036487 |
| 2015-03-25 | 0.008875 | 0.050376 |
| 2014-12-22 | 0.005625 | 0.035011 |
| 2014-09-24 | 0.007375 | 0.052468 |
| 2014-06-25 | 0.008875 | 0.071558 |
| 2014-03-26 | 0.008875 | 0.079892 |
| 2013-12-24 | 0.001250 | 0.012491 |
| 2013-09-25 | 0.005125 | 0.059619 |
| 2013-06-26 | 0.010375 | 0.136423 |
| 2013-03-20 | 0.004625 | 0.069088 |
| 2012-12-26 | 0.009250 | 0.176044 |
| 2012-09-25 | 0.007250 | 0.134665 |
| 2012-06-20 | 0.005625 | 0.123830 |
| 2012-03-21 | 0.009438 | 0.217591 |
| 2011-12-23 | 0.005000 | 0.130655 |
| 2011-09-21 | 0.007375 | 0.223612 |
| 2011-06-22 | 0.004938 | 0.121682 |
| 2011-03-23 | 0.005875 | 0.171314 |
| 2010-12-23 | 0.006563 | 0.199294 |
| 2010-09-21 | 0.008938 | 0.297499 |
| 2010-06-22 | 0.005875 | 0.211616 |
| 2010-03-24 | 0.004313 | 0.126504 |
| 2009-12-23 | 0.026563 | 0.834003 |
| 2009-09-24 | 0.006313 | 0.238339 |
| 2009-06-24 | 0.005750 | 0.267831 |
| 2009-03-24 | 0.006688 | 0.356812 |
| 2008-12-23 | 0.005813 | 0.269198 |
| 2008-09-24 | 0.006688 | 0.199679 |
| 2008-06-24 | 0.008000 | 0.244836 |
| 2008-03-25 | 0.009250 | 0.263158 |
| 2007-12-20 | 0.093938 | 2.102109 |
| 2007-09-25 | 0.010688 | 0.235289 |
| 2007-06-26 | 0.034375 | 0.769661 |
| Attribute | Value |
|---|---|
| All Time High | 115.04 |
| All Time Low | 1.508125 |
| Ask | 0.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 16,500 |
| Average Daily Volume3 Month | 14,873 |
| Average Volume | 14,873 |
| Average Volume10Days | 16,500 |
| Beta3 Year | 0.84 |
| Bid | 0.0 |
| Bid Size | 300 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 61.5 |
| Day Low | 59.3263 |
| Dividend Yield | 1.08 |
| Eps Trailing Twelve Months | 1.9651568 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 59.302 |
| Fifty Day Average Change | 0.024303436 |
| Fifty Day Average Change Percent | 0.00040982492 |
| Fifty Two Week Change Percent | 33.77677 |
| Fifty Two Week High | 64.6 |
| Fifty Two Week High Change | -5.273697 |
| Fifty Two Week High Change Percent | -0.081636176 |
| Fifty Two Week Low | 42.76 |
| Fifty Two Week Low Change | 16.566303 |
| Fifty Two Week Low Change Percent | 0.38742524 |
| Fifty Two Week Range | 42.76 - 64.6 |
| First Trade Date Milliseconds | 1,170,340,200,000 |
| Five Year Average Return | 0.0671899 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -1.4855995 |
| Fullday Change Percent | -2.4359841 |
| Fullday Price | 59.3263 |
| Fund Family | ProShares |
| Fund Inception Date | 1,170,115,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of health care companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified. |
| Long Name | ProShares Ultra Health Care |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_32431717 |
| Nav Price | 60.9798 |
| Net Assets | 96,636,472.0 |
| Net Expense Ratio | 0.95 |
| Open | 61.5 |
| Previous Close | 60.934 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.6077 |
| Regular Market Change Percent | -2.63842 |
| Regular Market Day High | 61.5 |
| Regular Market Day Low | 59.3263 |
| Regular Market Day Range | 59.3263 - 61.5 |
| Regular Market Open | 61.5 |
| Regular Market Previous Close | 60.934 |
| Regular Market Price | 59.3263 |
| Regular Market Time | 1,791,921,039 |
| Regular Market Volume | 29,215 |
| Short Name | ProShares Ultra Health Care |
| Source Interval | 15 |
| Symbol | RXL |
| Three Year Average Return | 0.1494808 |
| Total Assets | 96,636,472 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 30.189093 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 10.85046 |
| Trailing Three Month Returns | 10.85046 |
| Triggerable | 1 |
| Two Hundred Day Average | 52.26795 |
| Two Hundred Day Average Change | 7.0583534 |
| Two Hundred Day Average Change Percent | 0.13504171 |
| Type Disp | ETF |
| Volume | 29,215 |
| Yield | 0.0108 |
| Ytd Return | 14.04119 |