Investors Compare Vanguard and ProShares Financial Sector ETFs

The Vanguard Group and ProShares are seeing increased investor interest as traders seek exposure to a rallying financial sector through different investment vehicles. The Vanguard Financials ETF (VFH) serves as a broad-market index fund holding 427 stocks, including major positions in JPMorgan Chase & Co, Berkshire Hathaway Inc, and Mastercard Inc. It is positioned for long-term growth with a low 0.09% expense ratio and reported a 7.30% one-year return as of July 23, 2026.

In contrast, the ProShares Ultra Financials (UYG) is a leveraged tactical tool designed to deliver double the daily return of its benchmark. While it offers amplified short-term potential and a yield exceeding 11% including capital gains distributions, it carries significantly higher volatility. This fund utilizes futures and options across 84 positions and has a higher expense ratio of 0.94%. As of July 23, 2026, the UYG reported a negative one-year return of 5.30%.