ProShares Ultra Platinum K-1 Free ETF
ProShares Ultra Platinum K-1 Free ETF
Your view on UPLT
Overview
What the company does, where it operates, and who runs it.
About ProShares Ultra Platinum K-1 Free ETF
- Industry
- Asset Management - Leveraged
- Sector
- Financial Services
- CEO
- Not available
- Headquarters
- 7501 Wisconsin Avenue, Suite 1000E, Bethesda, MD, US
- Industry
- Asset Management - Leveraged
- Sector
- Financial Services
- CEO
- Not available
- Headquarters
- 7501 Wisconsin Avenue, Suite 1000E, Bethesda, MD, US
UPLT is an exchange-traded fund structured to deliver amplified daily returns, specifically aiming to double the percentage change in platinum prices each day, prior to accounting for its operational costs. Its performance benchmark is the abrdn Physical Platinum Shares ETF (PPLT), which is backed by physical platinum bullion. Rather than directly holding the precious metal, UPLT achieves its leveraged exposure predominantly through financial instruments known as swap agreements. A notable advantage for investors is its "K-1 free" designation, which typically simplifies the tax reporting process compared to various other commodity-focused investment products. Any remaining capital not committed to these swaps is generally invested in highly liquid, short-term assets such as U.S. Treasury bills, repurchase agreements, or money market funds, serving primarily as collateral. The fund's holdings are rebalanced at the end of each trading day to maintain its target of approximately 200% exposure. This daily rebalancing means that performance over periods longer than a single day may significantly differ from simply two times the platinum market's movement, due to the compounding effect of daily resets and market volatility. Consequently, this investment approach is generally better suited for short-term, strategic trading rather than a long-term investment horizon.
Media
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Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks the stock is worth vs. the current price.
FRC's fair value estimate for ProShares Ultra Platinum K-1 Free ETF, and the rating behind it. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for ProShares Ultra Platinum K-1 Free ETF. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for ProShares Ultra Platinum K-1 Free ETF. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for ProShares Ultra Platinum K-1 Free ETF. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for ProShares Ultra Platinum K-1 Free ETF. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
ProShares Ultra Platinum K-1 Free ETF valued side by side against its closest peers. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
Which funds and firms own the stock.
Which institutions hold ProShares Ultra Platinum K-1 Free ETF, and how their positions are changing. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.
Insider Trading
Recent buying and selling by company executives.
Buying and selling by ProShares Ultra Platinum K-1 Free ETF executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
Senate Trading
U.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming ProShares Ultra Platinum K-1 Free ETF. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely.
House Trading
U.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming ProShares Ultra Platinum K-1 Free ETF. Representatives' reported transactions in this security, shown next to the company's fundamentals.
News
Latest headlines and market coverage.
Latest headlines and company announcements for ProShares Ultra Platinum K-1 Free ETF. Press releases and market coverage, newest first.