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ProShares Ultra Consumer Staples UGE

Is ProShares Ultra Consumer Staples ETF Halal?

Shariah Compliance Analysis of UGE ETF

No. As of October 2026, ProShares Ultra Consumer Staples (UGE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

UGE was created on 2007-01-30 by ProShares. The fund's investment portfolio concentrates primarily on consumer staples equity. UGE provides 2x exposure to a market cap-weighted index of consumer staples stocks drawn from the S&P 500.

UGE Shariah Compliance

As of October 2026, ProShares Ultra Consumer Staples is classified as not halal.

NOT HALAL

ProShares Ultra Consumer Staples (UGE) Chart

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