Is ProShares Ultra Utilities a good dividend ETF?

ProShares Ultra Utilities (UPW) is a dividend-paying ETF with a current dividend yield of 1.84%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is UPW's dividend yield?

The dividend yield for UPW ETF is currently 1.84%.

How much does UPW pay in dividends per year?

ProShares Ultra Utilities pays an annual dividend of $0.3801 per share over the trailing twelve months.

How often does UPW pay dividends?

UPW ETF pays dividends quarterly.

Is UPW's dividend growing?

ProShares Ultra Utilities's 3-year dividend CAGR is 3.98%.

UPW Stock Price, Chart, Stats & News

ProShares Ultra Utilities

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Overview Dividends Holdings

ProShares Ultra Utilities (UPW) is a dividend-paying ETF with a current dividend yield of 1.84% as of Oct 23, 2026. It pays $0.3801 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 13.83% 5-year compound annual rate.

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UPW chart

UPW returns

YTD	-9.05%
1Y	-19.67%
3Y	20.81%
5Y	6.63%
10Y	9.04%
1Y volatility	34.73%
3Y volatility	29.82%
Sharpe ratio	0.53

About

UPW provides 2x leveraged exposure to the S&P Utilities Select Sector Index, a market cap-weighted index of US utilities companies drawn exclusively from the S&P 500. The index includes the following GICS industries: electric, gas, water, and multi-utilities, independent power, and renewable electricity producers. UPW is designed as a short-term trading vehicle, not a long-term investment.

Top 10 UPW holdings

Holding	Ownership
NextEra Energy, Inc. NEE NYSE	Utilities 8.18%
The Southern Company SO NYSE	Utilities 5.15%
Duke Energy Corpora… DUK NYSE	Utilities 4.67%
Constellation Energ… CEG NASDAQ	Utilities 4.35%
American Electric P… AEP NASDAQ	Utilities 3.41%
Dominion Energy, In… D NYSE	Utilities 2.75%
Sempra SRE NYSE	Utilities 2.68%
Entergy Corporation ETR NYSE	Utilities 2.43%
Vistra Corp. VST NYSE	Utilities 2.37%
Xcel Energy Inc. XEL NASDAQ	Utilities 2.35%