ProShares UltraPro S&P500 3X. Our system tracks UPRO every trading day and issues one unambiguous instruction: be in, or be out.
UPRO gives you 3x daily exposure to the S&P 500, the broadest benchmark in U.S. equities. Because SPY is less volatile than the Nasdaq or semiconductors, UPRO experiences less severe volatility decay than TQQQ or SOXL — making it the most forgiving 3x ETF for trend-following. Our system treats UPRO as the broad market signal: when SPY trends, UPRO is the cleanest way to amplify it.
The honest answer to "should I buy UPRO?" is never a hot take — it's a trend question. When SPY is in a confirmed uptrend, 3x daily leverage compounds in your favor. When it's choppy or falling, the same math works against you fast. Our current read is in the ticket above.
Our proprietary signal engine runs a multi-indicator trend confirmation system on SPY every trading day after the close. Here's how it works at a high level:
The full methodology, backtest results, and live track record are documented on our performance page.
UPRO rebalances to 3x exposure every single day. In a steady trend that's rocket fuel. In a sideways market, the daily reset systematically bleeds value — a phenomenon called volatility decay. SPY can finish a quarter flat while UPRO finishes it down double digits. Our Learn section covers the math in plain English.
Only if the trend is confirmed. Check the current LevSig state in the ticket above — it updates every trading day at 4:30pm ET.
The daily reset makes buy-and-hold risky. Most systematic traders hold UPRO only during confirmed uptrends and sit in cash otherwise — that's exactly what our signal automates.
ProShares UltraPro S&P500 3X targets 3x the daily return of SPDR S&P 500 ETF Trust (SPY).
LevSig LLC provides systematic signal information for educational purposes only. Nothing on this page is investment advice or a recommendation to buy or sell any security. Leveraged ETFs are high-risk instruments that can lose value rapidly. Past performance, including backtested performance, does not guarantee future results. Trade at your own risk.