(TWM) ProShares UltraShort - Overview
Etf: Leveraged, Inverse, ETF, Russell2000
Dividends
| Dividend Yield | 4.41% |
| Yield on Cost 5y | 2.71% |
| Yield CAGR 5y | 289.68% |
| Payout Consistency | 29.8% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 43.9% |
| Relative Tail Risk | -0.34% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.65 |
| Alpha | -10.30 |
| Character TTM | |
|---|---|
| Beta | -2.078 |
| Beta Downside | -1.997 |
| Drawdowns 3y | |
|---|---|
| Max DD | 67.53% |
| CAGR/Max DD | -0.34 |
Description: TWM ProShares UltraShort December 22, 2025
ProShares UltraShort Russell 2000 (NYSE ARCA: TWM) seeks to deliver -2× the daily performance of the Russell 2000 Index, the benchmark for U.S. small-cap equities. The ETF achieves this by maintaining at least 80 % of its assets in inverse leveraged positions-typically futures contracts, swaps, or other derivatives-that mirror the index’s movements in the opposite direction.
Key characteristics: the fund is classified as a non-diversified, inverse-equity ETF, meaning it concentrates risk in a single market segment and is designed for short-term tactical trading rather than long-term holding. Its expense ratio (≈ 0.95 %) and daily rebalancing can cause compounding effects that diverge from the expected -2× return over periods longer than one day, especially in volatile markets.
Recent market drivers that materially affect TWM’s performance include: (1) U.S. small-cap earnings trends, which are highly sensitive to consumer spending and business investment cycles; (2) the Federal Reserve’s policy stance-higher interest rates tend to pressure small-cap valuations and can amplify the fund’s inverse exposure; and (3) liquidity conditions in the futures market, where tighter spreads improve tracking accuracy but can widen during stress periods.
Investors should monitor the fund’s average daily trading volume (≈ 5 million shares) and its 30-day implied volatility, both of which provide early signals of liquidity risk and potential tracking error.
For a deeper dive into the fund’s risk profile and scenario analysis, you might find ValueRay’s interactive tools useful.
What is the price of TWM shares?
Over the past week, the price has changed by -4.44%, over one month by -6.70%, over three months by -18.39% and over the past year by -30.72%.
Is TWM a buy, sell or hold?
What are the forecasts/targets for the TWM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 29.1 | 5.4% |
TWM Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 37.4m USD (37.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 37.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 37.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = -1.74% (negative - check inputs) (E(37.4m)/V(37.4m) * Re(-1.74%) + (debt-free company))
Discount Rate = 9.60% (= Risk Free + ERP)
Fair Price DCF = unknown (Cash Flow 0.0)