ProShares - Ultra Nasdaq Cloud Computing ETF (SKYU) Holdings

For informational purposes only. Not financial advice.

Quick Answer

ProShares - Ultra Nasdaq Cloud Computing (SKYU) has a last stored price of $55.69, as of the Oct 5, 2026 trading session. It has a 5.04% expense ratio and $1M in assets under management.

Holdings and weights below are as of Mar 15, 2026. In the stored portfolio snapshot, the largest listed holding is Arista Networks Inc (ANET) at 3.31%, and the largest sector allocation is Technology at 85.7%.

ProShares - Ultra Nasdaq Cloud Computing (SKYU) ETF — Price, Holdings & Analysis

ETF Overview

SKYU aims to deliver twice the daily performance of the ISE CTA Cloud Computing Index, targeting investors seeking amplified exposure to the cloud computing sector. This leveraged approach is designed for short-term tactical trading rather than long-term investment. The fund's strategy involves using financial instruments to achieve its 2x daily return objective, which can lead to significant fluctuations in value. SKYU's portfolio is concentrated, with top holdings including Arista Networks Inc (3.31%), Alphabet Inc Class A (3.17%), and CoreWeave Inc Ordinary Shares - Class A (2.94%). Sector allocation is heavily weighted towards Technology (85.7%), followed by Communication Services (9.7%) and Consumer Cyclical (4.0%). The fund's country exposure is primarily to the United States (67.0%).

Risk Metrics

SKYU's leveraged nature significantly amplifies both gains and losses, making it a high-risk investment. Its beta of 2.96 indicates substantially higher volatility compared to the overall market. The fund's high expense ratio of 5.04% creates a substantial drag on performance, especially detrimental over longer periods. Concentration risk is also a factor, with a limited number of holdings (66) and significant allocation to the technology sector (85.7%), making it vulnerable to sector-specific downturns. The fund's focus on cloud computing companies exposes it to risks associated with technological obsolescence, competition, and regulatory changes. Due to its leveraged structure, SKYU is not suitable for buy-and-hold investors. Past performance does not guarantee future results.

Beta: 2.96

Expense Ratio

5.04%

What does SKYU hold?

Holding	Weight
Arista Networks Inc (ANET)	3.31%
Alphabet Inc Class A (GOOGL)	3.17%
CoreWeave Inc Ordinary Shares - Class A (CRWV)	2.94%
Amazon.com Inc (AMZN)	2.91%
MongoDB Inc Class A (MDB)	2.67%

Holdings and weights as of Mar 15, 2026. This fund data is more than 45 days old; verify current holdings with the issuer.

How Is the Fund Allocated?

Sector	Weight
Technology	85.7%
Communication Services	9.7%
Consumer Cyclical	4.0%
Healthcare	0.6%

Country	Weight
United States	67.0%
Other	28.6%
Canada	1.7%
Israel	1.0%
Australia	0.8%
Germany	0.8%

Dividend Yield

0.00%

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Questions & Answers

What is SKYU and what does it track?

ProShares Ultra Nasdaq Cloud Computing (SKYU) is an exchange-traded fund designed to provide leveraged exposure to the cloud computing sector. It aims to deliver twice the daily performance of the ISE CTA Cloud Computing Index.

This index tracks companies involved in cloud computing, including those providing software-as-a-service, platform-as-a-service, infrastructure-as-a-service, and other cloud-related services.

What are the top holdings in SKYU?

As of 2026-03-15, the top holdings in ProShares Ultra Nasdaq Cloud Computing (SKYU) include Arista Networks Inc (3.31%), Alphabet Inc Class A (3.17%), and CoreWeave Inc Ordinary Shares - Class A (2.94%).

Other significant holdings include Amazon.com Inc (2.91%) and MongoDB Inc Class A (2.67%).

Is SKYU a good long-term investment?

ProShares Ultra Nasdaq Cloud Computing (SKYU) is generally not considered a suitable long-term investment due to its leveraged nature.

The fund aims to deliver twice the daily performance of the ISE CTA Cloud Computing Index, which can lead to significant fluctuations in value over time.

How does SKYU compare to similar ETFs?

SKYU stands out from other cloud computing ETFs due to its leveraged strategy, aiming for 2x daily returns. While other ETFs in this space offer direct exposure to cloud computing companies, SKYU's leverage amplifies both gains and losses.

Its expense ratio of 5.04% is considerably higher than non-leveraged cloud computing ETFs.

Does SKYU pay dividends?

As of 2026-03-15, ProShares Ultra Nasdaq Cloud Computing (SKYU) has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders.

The fund's focus is on capital appreciation through leveraged exposure to the cloud computing sector, rather than generating income through dividends. Investors seeking dividend income may want to consider other ETFs with a focus on dividend-paying stocks.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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