ProShares - UltraPro Russell2000
CThis 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.
$65.80−0.86 (−1.29%)
- 1.08%
- $276M
- +34.9%
- 0.95%
- 0.7M sh
- $66.54
- low $43.33high $89.85
The ETF.net URTY Grade
C
Score 47 out of 100
- 18 of 31
Score 47 of 100 falls in the C 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.D27 out of 100Rank 22 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A85 out of 100Rank 1 of 3Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 12 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A76 out of 100Rank 4 of 31Holdings
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.B64 out of 100Rank 7 of 31
Our read on URTY
CMost 3x bull funds are a bet on one sector. URTY aims the same triple-leverage engine at the whole small-cap market: three times the daily move of the Russell 2000, reset every single day.
URTY seeks daily investment results, before fees and expenses, corresponding to three times the daily performance of the Russell 2000 Index. Because the objective is daily, returns over periods longer than one day may differ materially from the target.
Why people hold it
- Broad base for a leveraged product: roughly 2,000 small-cap names via the Russell 2000, while much of the 3x bull aisle concentrates on a single sector or mega-cap index.proshares.com
- Running since 2010, and it has stayed close to its stated daily target, which is the whole job for a fund like this.
- Actively traded, with the kind of liquidity the short holding periods these funds are built around actually require.
Worth knowing
- Daily reset: hold past one day and compounding takes the wheel. Results over weeks or months can differ materially from 3x the index, and choppy stretches bite hardest.proshares.com
- The 1.08% fee sits above the leveraged-fund median and a hair above TNA at 1.07%, the other 3x Russell 2000 option.
- Small caps swing more than large caps to begin with. Tripling that daily move puts this at the sharper end of the leveraged shelf.
URTY Holdings
- Stocks
- 1,978
- 57%
- Net Other Assets (Liabilities)
Sectors
- Health Care20.9%
- Financials18.0%
- Technology14.5%
- Industrials13.3%
- Consumer Discretionary8.6%
- Real Estate6.4%
- Energy6.4%
- Materials4.3%
- Utilities2.7%
- Consumer Staples2.6%
- Communication2.3%
Geography
- United States96.63%
- Bermuda1.00%
- United Kingdom0.46%
- Switzerland0.38%
- Ireland0.31%
- Canada0.29%
- Singapore0.15%
- Cayman Islands0.15%
- 0.64%
URTY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
URTY$13,489
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 | URTY |
|---|---|
| Year to date | +26.1% |
| 1 month | −11.3% |
| 3 months | −19.7% |
| 1 year | +34.9% |
| 3 years | +30.7% |
| 5 years | −7.5% |
| 10 years | +4.7% |
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 | URTY |
|---|---|---|
| 2026 YTD | +26.1% | |
| 2025 | +9.3% | |
| 2024 | +7.4% | |
| 2023 | +24.5% | |
| 2022 | −62.8% | |
| 2021 | +28.5% | |
| 2020 | −7.7% |
URTY in the news
URTY Dividends
- 0.95%
- $0.63
- $0.18 per share
- Quarterly
Distribution history
URTY 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.
- 60.2%
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.
- 0.61
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.
- −82.7%
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.
- 3.83
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
URTY Cost
1.08%
URTY1.08%
- The middle half of 3x Leveraged Long funds
- Median 0.98%
21 of the 30 3x Leveraged Long funds charge less.
Other funds in 3x Leveraged Long
- CMIDUDirexion Daily Mid Cap Bull 3X ETFExpense ratio 0.99%1 year return +35.9%
- CNAILDirexion Daily Homebuilders & Supplies Bull 3X ETFExpense ratio 0.96%1 year return −56.9%
- CTNADirexion Daily Small Cap Bull 3X ETFExpense ratio 1.07%1 year return +35.1%
- DEURLDirexion Daily FTSE Europe Bull 3X ETFExpense ratio 1.05%1 year return +15.4%
- DHIBLDirexion Daily S&P 500 High Beta Bull 3X ETFExpense ratio 1.01%1 year return +105.4%