ProShares - Ultra Technology
BThis 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.
$159.59−0.18 (−0.11%)
- 0.95%
- $1.4B
- +77.8%
- 0.02%
- 0.1M sh
- $159.69
- low $71.36high $171.82
The ETF.net ROM Grade
B
Score 69 out of 100
- 4 of 99
Score 69 of 100 falls in the B 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.B65 out of 100Rank 30 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 41 of 96Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A89 out of 100Rank 3 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 4 of 99
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
- 85
- 73%
- Net Other Assets (Liabilities)
Sectors
- Technology95.4%
- Financials4.5%
- Energy0.1%
Geography
- United States97.77%
- Ireland0.96%
- Singapore0.96%
- Netherlands0.31%
ROM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
ROM$17,778
Returns run to the Oct 12, 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 | +69.5% |
| 1 month | +8.9% |
| 3 months | +8.7% |
| 1 year | +77.8% |
| 3 years | +55.7% |
| 5 years | +26.0% |
| 10 years | +39.3% |
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 | +69.5% | |
| 2025 | +35.6% | |
| 2024 | +31.6% | |
| 2023 | +130.7% | |
| 2022 | −63.9% | |
| 2021 | +77.7% | |
| 2020 | +80.4% |
ROM in the news
ROM Dividends
- 0.02%
- $0.04
- $0.02 per share
- Quarterly
Distribution history
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.
- 47.8%
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.
- 1.12
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
0.95%
ROM0.95%
- The middle half of Leveraged Long (2x & Other) funds
- Median 1.00%
29 of the 95 Leveraged Long (2x & Other) funds charge less.
Other funds in Leveraged Long (2x & Other)
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- AQLDProShares - Ultra QQQExpense ratio 0.98%1 year return +47.5%
- BMQQQTradr 2X Long Innovation 100 Monthly ETFExpense ratio 0.95%1 year return +44.2%
- BUSDProShares Ultra SemiconductorsExpense ratio 0.95%1 year return +88.4%
- BMVVProShares - Ultra MidCap400Expense ratio 1.01%1 year return +26.9%