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 Video: What is a Stock Split?
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| ProShares Ultra Industrials ETF (the "Fund") is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Industrialssm Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index measures the performance of the industrial sector of the U.S. equity market. As of May 31 2013, the Fund's total assets were $21,898,806 and the Fund's investment portfolio was valued at $17,212,182. According to our UXI split history records, ProShares Trust - Ultra Industrials has had 2 splits. | |
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ProShares Trust - Ultra Industrials (UXI) has 2 splits in our UXI split history database. The first split for UXI took place on July 25, 2016. This was a 3 for 1 split, meaning for each share of UXI owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. UXI's second split took place on May 25, 2021. This was a 4 for 1 split, meaning for each share of UXI owned pre-split, the shareholder now owned 4 shares. For example, a 3000 share position pre-split, became a 12000 share position following the split.
When a company such as ProShares Trust - Ultra Industrials splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the UXI split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ProShares Trust - Ultra Industrials shares, starting with a $10,000 purchase of UXI, presented on a split-history-adjusted basis factoring in the complete UXI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/02/2013 |
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| End date: |
03/28/2023 |
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| Start price/share: |
$5.47 |
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| End price/share: |
$22.36 |
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| Starting shares: |
1,828.15 |
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| Ending shares: |
1,892.76 |
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| Dividends reinvested/share: |
$0.48 |
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| Total return: |
323.22% |
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| Average Annual Total Return: |
15.53% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$42,308.97 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/02/2013 |
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| End date: |
03/28/2023 |
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| Start price/share: |
$5.47 |
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| End price/share: |
$22.36 |
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| Dividends collected/share: |
$0.48 |
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| Total return: |
317.62% |
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| Average Annual Total Return: |
15.38% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$41,763.29 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 07/25/2016 | 3 for 1 | | 05/25/2021 | 4 for 1 |
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