(ROM) ProShares Ultra Technology - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 1.213m USD | Total Return: 139.3% in 12m
Avg Turnover: 7.67M
Warnings
No concerns identified
Tailwinds
Supp Ema8, Supp Ema20, Rs Leader, Tailwind
The ProShares Ultra Technology (ROM) is a leveraged exchange-traded fund designed to deliver twice the daily performance of the S&P Information Technology Select Sector Index. The fund achieves this objective by investing at least 80% of its assets in a combination of equity securities and financial derivatives, such as swap agreements and futures contracts. As a non-diversified vehicle, the fund maintains concentrated exposure to large-cap U.S. technology companies.
The underlying index primarily tracks firms involved in software development, hardware manufacturing, and semiconductor production. Because leveraged ETFs reset daily, they are susceptible to volatility decay, which can cause long-term returns to deviate significantly from two times the performance of the benchmark index. Detailed historical performance metrics are available on ValueRay for those conducting further due diligence.
- Daily 2x leverage amplifies volatility from S&P 500 Information Technology Index movements
- High concentration in mega-cap technology stocks dictates primary price action momentum
- Compounding effects and daily rebalancing cause significant long-term performance tracking error
- Federal Reserve interest rate policy heavily influences high-growth technology sector valuations
- Enterprise spending on artificial intelligence infrastructure drives underlying index constituent revenue
As of May 29, 2026, the stock is trading at USD 152.17 with a total of 50,655 shares traded.
Over the past week, the price has changed by +11.03%,
over one month by +39.27%,
over three months by +76.76% and
over the past year by +139.25%.
ProShares Ultra Technology has no consensus analysts rating.