ProShares Ultra Palladium K-1 Free ETF (UPAL) is an exchange-traded fund in the Trading Leveraged Commodities category. It has $2.71M in assets and an expense ratio of 0.95%. Under normal circumstances, the fund will invest at least 80% of the fund’s assets in, or provide exposure to, financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target.