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Launched · SEC filings

ProShares Ultra Technology

ROMNYSE ArcaProSharesAThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$124.50−7.51 (−5.69%)

At close: Nov 2, 2026, 4:00 PM ET

A71/ 100

Rank 3 of 99 in Leveraged Long (2x & Other)

A71/100Rank 3 of 99inLeveraged Long (2x & Other)
Intraday session: down, 79 prints from 132.01 to 124.50. Range 124.00 to 133.65. Use the arrow keys to read each point.126.00128.00130.00134.0010 AM12 PM2 PM4 PM
Expense ratio
0.93%
Fund size
$1.15B
1Y total return
+26.5%
Yield · Last 12 months
0.03%
Holdings
85
Avg volume · 30D
47.7K sh
52W range
low $71.36high $171.82
Launched
Filings
SEC EDGAR

The ETF.net ROM Grade

Based on 4 of 6 pillars

A

Score 71 out of 100

Category
Leveraged Long (2x & Other)⁠
Rank
3 of 99
Six-pillar profile for ROM. Scores out of 100: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81. Strongest: Tradability (88). Weakest: Risk (56). Based on 4 of 6 pillars.

Score 71 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A70 out of 100
    Rank 29 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B56 out of 100
    Rank 42 of 98

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A88 out of 100
    Rank 3 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A81 out of 100
    Rank 2 of 99

Our read on ROM

ETF.net Research

In short

AThe original 2x tech trade. Since 2007, ROM has aimed at twice the daily move of the S&P 500's technology sector: a double dose in a category now stacked with triples.

Stated mandate

ROM seeks daily investment results, before fees and expenses, corresponding to twice the daily performance of the S&P Technology Select Sector SM Index.

Why people hold it

  • Two times, not three. A 2x daily target means smaller swings and less compounding drag than a 3x fund chasing the same sector.sec.gov
  • Live since January 2007, so it has run through the 2008 crash and the full tech cycle since. Long mileage is rare in geared funds.
  • 0.93% a year, flat, with no waiver propping it up. Peer QLD runs 0.89%, but only net of a waiver through September 30, 2027.
  • One of the strongest implementations in the leveraged-bull pack, from an issuer that has run geared funds since the category's early days.proshares.com

Worth knowing

  • The 2x target resets at each close, so results over weeks or months depend on the path the sector takes, not just where it ends up.sec.govproshares.com
  • Trades thinner than the category's headline names, so spreads and limit orders matter, especially in size.
  • About 80 tech names from the S&P 500. That is one concentrated sector bet, doubled, in both directions.

ROM Holdings

Asset class
Stocks
Holdings
85
Top-10 weight
70%
Largest holding
Net Other Assets (Liabilities)29.1%

Sectors

  • Technology95.1%
  • Financials4.8%
  • Energy0.1%

Geography

  • United States99.42%
  • China0.38%
  • Mexico0.20%
The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataNet Other Assets (Liabilities)29.07%332,964,240$333M151
2AAPLApple Inc9.53%316,540$109M723
3NVDANVIDIA Corp9.38%524,866$107M848
4MSFTMicrosoft Corp7.34%161,048$84.1M819
5IQMMProshares Genius Mny Mkt Etf3.23%370,000$37M61
6AVGOBroadcom Inc2.94%103,180$33.6M753
7AMDAdvanced Micro Devices2.83%64,091$32.4M638
8MUMicron Technology Inc2.51%32,507$28.8M686
9PLTRPalantir Technologies Inc-A1.62%101,045$18.6M531
10CSCOCisco Systems Inc1.58%173,074$18.1M585
11No dataTREASURY BILL, 0%, due 2027-01-121.47%17,000,000$16.9M7
12No dataTREASURY BILL, 0%, due 2026-12-241.39%16,000,000$15.9M9
13INTCIntel Corp1.25%218,199$14.3M514
14AMATApplied Materials Inc1.19%34,872$13.6M557
15LRCXLam Research Corp1.15%54,955$13.1M603

Showing 1–15 of 85 holdings

ROM Performance

Launched Jan 30, 2007

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ROM$12,647
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ROM $12,647. SPY $11,199. Use the arrow keys to read each point.$7,500$10,000$12,500$15,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ROM. Periods over one year show the average yearly return.
PeriodROM
Year to date+40.0%
1 month−17.1%
3 months+2.0%
1 year+26.5%
3 yearsper year+50.6%
5 yearsper year+17.7%
10 yearsper year+36.6%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ROM
YearReturn barROM
2026 YTD+40.0%
2025+35.6%
2024+31.6%
2023+130.7%

ROM in the news

ROM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.03%Last 12 months
Payout per share
$0.04Last 12 months
Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 19 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.0015; Dec 26, 2017 $0.0075; Mar 21, 2018 $0.0064; Jun 20, 2018 $0.006; Dec 26, 2018 $0.02; Mar 20, 2019 $0.01; Jun 25, 2019 $0.0043; Dec 24, 2019 $0.01; Mar 25, 2020 $0.02; Dec 20, 2023 $0.0042; Mar 20, 2024 $0.01; Jun 26, 2024 $0.04; Sep 25, 2024 $0.06; Dec 23, 2024 $0.03; Mar 26, 2025 $0.02; Jun 25, 2025 $0.14; Sep 24, 2025 $0.05; Dec 24, 2025 $0.02; Mar 25, 2026 $0.02. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Mar 25, 2026Mar 31, 2026$0.02
Dec 24, 2025Dec 31, 2025$0.02
Sep 24, 2025Sep 30, 2025$0.05
Jun 25, 2025Jul 1, 2025$0.14
Mar 26, 2025Apr 1, 2025$0.02
Dec 23, 2024Dec 31, 2024$0.03
Sep 25, 2024Oct 2, 2024$0.06
Jun 26, 2024Jul 3, 2024$0.04
Mar 20, 2024Mar 27, 2024$0.01
Dec 20, 2023Dec 28, 2023$0.0042
Mar 25, 2020Apr 1, 2020$0.02
Dec 24, 2019Jan 2, 2020$0.01

See all 36 payments⁠

$10,000 in ROM 10 years ago paid $872 in dividends.⁠

ROM Risk

Risk pillarB56 out of 100Rank 42 of 98 in Leveraged Long (2x & Other)

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
49.3%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.97
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−67.6%
Trough Nov 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
3.09
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ROM Cost

Compare ROM and WX

Overpaying vs WX, cheapest in Leveraged Long (2x & Other)

$13,384

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ROM 0.93%

    $17,539

  • WX 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • ROM 0.93%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ROM $17,539WX $4,155

Year by year

YearROMWXOverpaying
10$1,644$365$1,279
20$6,199$1,421$4,778
30$17,539$4,155$13,384

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