(UWM) ProShares Ultra Russell2000 - NYSE
ETF Category: Trading--Leveraged Equity | Exchange: NYSE (USA) | Market Cap: 231m USD | Total Return: 72.1% in 12m
Avg Turnover: 20.2M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
ProShares Ultra Russell2000 (UWM) is a leveraged exchange-traded fund designed to provide daily investment results, before fees and expenses, that correspond to two times the daily performance of the Russell 2000 Index. The fund achieves this objective by investing at least 80% of its assets in financial instruments and securities that track the small-cap segment of the U.S. equity market.
The Russell 2000 Index serves as a common benchmark for small-cap stocks, typically representing companies with lower market capitalizations and higher volatility than large-cap peers. Because this fund utilizes leverage to amplify daily returns, it is categorized as a trading vehicle rather than a long-term buy-and-hold investment, as compounding effects can lead to significant deviations from the index over extended periods.
Investors can examine detailed valuation metrics and historical performance trends for this ETF on ValueRay. Given its non-diversified status and leveraged mandate, the fund carries a higher risk profile suitable for short-term tactical positioning within the micro-cap and small-cap sectors.
- Federal Reserve interest rate pivots impact small-cap borrowing costs
- Russell 2000 earnings growth accelerates relative to large-cap peers
- Daily 2x leverage resets increase volatility decay in sideways markets
- U.S. domestic economic expansion drives small-cap revenue outperformance
As of June 12, 2026, the stock is trading at USD 62.85 with a total of 667,502 shares traded.
Over the past week, the price has changed by -1.44%,
over one month by +2.68%,
over three months by +29.09% and
over the past year by +72.11%.
ProShares Ultra Russell2000 has no consensus analysts rating.