Risk Parity Radio Episode 152: An Analysis Of ProShares UltraPro S&P500 Fund (UPRO)
In this episode we give Mary a break and analyze the ProShares Ultrapro S&P500 ETF, ticker symbol UPRO, using David Stein's Ten Questions to Master Investing, which are:
1. What is it?
2. Is it an investment, a speculation, or a gamble?
3. What is the upside?
4. What is the downside?
5. Who is on the other side of the trade?
6. What is the investment vehicle?
7. What does it take to be successful?
8. Who is getting a cut?
9. How does it impact your portfolio?
10. Should you invest?
This fund analysis was suggested/requested by listener Anderson.
Links:
UPRO Fact Sheet: Prosharesfactsheetupro.pdf
UPRO Summary Prospectus: UPRO_summary_prospectus.pdf (proshares.com)
UPRO Semi-Annual Report: Report 11-30-2021 (proshares.com)
Leveraged Funds And How They Work: What Is a Leveraged ETF and How Do They Work? (optimizedportfolio.com)
Nine Best Leveraged Funds Article: The 9 Best Leveraged ETFs To Enhance Portfolio Exposure (2022) (optimizedportfolio.com)
Leverage Generally And Links To Sample Levered Portfolios: Leverage | Optimized Portfolio