(UWM) ProShares Ultra Russell2000 - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 247m USD | Total Return: 88.4% in 12m
Avg Turnover: 17.4M
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 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 underlying index focuses on companies with lower market capitalizations, which typically exhibit higher volatility and growth potential compared to large-cap stocks. As a leveraged ETF, UWM utilizes derivatives such as swap agreements and futures contracts to amplify daily returns, a strategy that necessitates frequent rebalancing and makes it more suitable for short-term tactical trading rather than long-term buy-and-hold investing.
To better understand how small-cap volatility affects leveraged returns, you may find it useful to review the detailed risk metrics available on ValueRay.
- Federal Reserve interest rate decisions impact small-cap borrowing costs and valuations
- Two-times daily leverage amplifies volatility and creates long-term performance decay
- Domestic economic growth trends drive Russell 2000 constituent revenue and profitability
- Investor sentiment shifts between defensive large-caps and cyclical small-cap equities
- Liquidity in Russell 2000 derivative markets affects fund tracking and execution.
As of May 29, 2026, the stock is trading at USD 63.84 with a total of 274,736 shares traded.
Over the past week, the price has changed by +8.74%,
over one month by +12.57%,
over three months by +22.23% and
over the past year by +88.41%.
ProShares Ultra Russell2000 has no consensus analysts rating.