ProShares Ultra Consumer Discretionary

ProShares Ultra Consumer Discretionary (UCC) is a 2x leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, that correspond to twice the daily performance of a US consumer discretionary index. It amplifies short-term moves in sectors such as retail, leisure, autos and consumer services. Because it targets daily returns, compounding and market volatility can cause its performance over longer periods to differ significantly from two times the index’s cumulative return. Investors should be aware of higher fees, potential tracking error and greater downside risk compared with unleveraged funds. UCC is typically used by experienced traders for short-term market exposure or tactical views on consumer spending trends, rather than as a long-term buy-and-hold vehicle. This is general educational information, not personalised advice; consider your risk tolerance and investment horizon and consult a financial professional if unsure.