ProShares - Ultra Technology
$158.42−1.94 (−1.21%)
- Expense ratio
- 0.95%
- Fund size
- $1.3B
- 1Y return
- +72.0%
- Yield · Last 12 months
- 0.06%
- Holdings
- 80
- Volume · 30D
- 0.1M sh
- NAV per share
- $149.54
- 52W range
The ETF.net ROM Grade
Score 68 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 65Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 54Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 87Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 80Category rank
Our read on ROM
BTrading since 2007, ROM is one of the original geared sector funds: two times the daily move of the S&P Technology Select Sector Index, about 80 tech names, one dial turn instead of the 3x crowd's two.
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
- Simple mandate: 2x the daily move of the S&P Technology Select Sector Index, roughly 80 tech names, no stock picking and no options overlay.proshares.com
- At 0.95% a year it costs less than the typical leveraged bull fund, and less than ProShares' own 2x Nasdaq-100 sibling QLD at 0.98%.
- Live since January 2007, it has geared tech through the financial crisis and the 2022 selloff. Operating records that long are rare among leveraged funds.
- A billion-dollar-plus fund with steady daily turnover, so the leverage arrives without the thin-market spreads common in niche geared products.
Worth knowing
- The 2x resets every day. Hold longer and compounding takes over: in choppy markets, results can trail twice the index's move over the same stretch.proshares.com
- One sector, about 80 stocks, doubled. Swings run wider in both directions than a broad-market fund, and drawdowns land twice as hard.
- Distributions are quarterly and incidental. The fund's job is the daily 2x, not yield.
ROM Holdings
- Stocks
- 80
- 73%
- Net Other Assets (Liabilities)
Sectors
- Technology95.0%
- Financials4.9%
- Energy0.1%
Geography
- United States98.64%
- Ireland1.03%
- Netherlands0.34%
ROM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | ROM |
|---|---|
| Year to date | +70.1% |
| 1 month | +13.9% |
| 3 months | +1.1% |
| 1 year | +72.0% |
| 3 years | +59.8% |
| 5 years | +24.5% |
| 10 years | +39.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ROM |
|---|---|---|
| 2026 YTD | +70.1% | |
| 2025 | +35.6% | |
| 2024 | +31.6% | |
| 2023 | +130.7% | |
| 2022 | −63.9% | |
| 2021 | +77.7% | |
| 2020 | +80.4% |
ROM in the news
ETF.net Research hasn’t filed on ROM yet — coverage lands here as it’s written.
ROM Dividends
- 0.06%
- $0.09
- $0.02 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Mar 25, 2026 | Mar 31, 2026 | $0.02 |
| Dec 24, 2025 | Dec 31, 2025 | $0.02 |
| Sep 24, 2025 | Sep 30, 2025 | $0.05 |
| Jun 25, 2025 | Jul 1, 2025 | $0.14 |
| Mar 26, 2025 | Apr 1, 2025 | $0.02 |
| Dec 23, 2024 | Dec 31, 2024 | $0.03 |
| Sep 25, 2024 | Oct 2, 2024 | $0.06 |
| Jun 26, 2024 | Jul 3, 2024 | $0.04 |
| Mar 20, 2024 | Mar 27, 2024 | $0.01 |
| Dec 20, 2023 | Dec 28, 2023 | $0.0042 |
| Mar 25, 2020 | Apr 1, 2020 | $0.02 |
| Dec 24, 2019 | Jan 2, 2020 | $0.01 |
ROM Risk
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.
- 48.8%
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.
- 0.93
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.
- −67.6%
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.
- 3.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ROM Cost
- The middle half of Leveraged Long (2x & Other) funds
- Median 0.99%
29 of the 93 Leveraged Long (2x & Other) funds charge less.