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EZJ vs ROM

ProShares Ultra MSCI Japan

EZJDNYSE Arca

ProShares Ultra Technology

ROMANYSE Arca

Overlap

29.5%by weight

Expense ratio

ROM −0.25pt a year

EZJ1.18%ROM0.93%

Avg volume · 30D

ROM 14.6×the volume

EZJ3.27KROM47.7K

10Y return · a year

ROM +27.4pt

EZJ+8.8%ROM+36.2%

EZJ vs ROM Performance

Nov 2, 2021 – Nov 2, 2026

+39.8%EZJ+110.3%ROM

Nov 2, 2021 to Nov 2, 2026. EZJ +39.8%. ROM +110.3%. Use the arrow keys to read each point.−50%0%150%200%Nov 2021May 2024Nov 2026
Expense ratio
EZJ 1.18%
ROM 0.93%, better
Fund size
EZJ $11M
ROM $1.15B
1Y total return
EZJ +22.7%, better
ROM +19.3%
Yield (12M)
EZJ 2.19%, better
ROM 0.03%
Holdings
EZJ 3
ROM 85
Avg volume (30D)
EZJ 3.27K sh
ROM 47.7K sh, better
NAV per share
EZJ $62.22
ROM $132.18
52W range

ETF.net Grade

EZJ: Cost 14, Risk 66, Mission not scored, Tradability 54, Holdings 26, Durability 63. ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81.
Pillar letters and Scores for EZJ, ROM, with each pillar’s weight
PillarEZJROM
Cost30% weightF14A70Higher
Mission25% weightNot scoredNot scored
Risk15% weightB66HigherB56
Tradability15% weightC54A88Higher
Holdings10% weightD26Not scored
Durability5% weightB63A81Higher

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EZJ and ROM are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

ROM ranks 3rd and EZJ 71st of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 78
  2. Rank 2AUYGProShares Ultra FinancialsScore 73
  3. Rank 3AROMProShares Ultra TechnologyScore 71
  4. Rank 4BDDMProShares Ultra Dow30Score 69
  5. Rank 37CXWCorgi Ex-U.S. Equities 2x Daily ETFScore 40
  6. Rank 71DEZJProShares Ultra MSCI JapanScore 38
  7. Rank 71DTEXUDirexion Daily Energy Top 5 Bull 2X ETFScore 38

Our read on each fund

ETF.net Research

EZJDProShares Ultra MSCI Japan

ROMAProShares Ultra Technology

In short

EZJ The only US ETF built to track twice the MSCI Japan Index's daily move, listed since 2009. A daily-reset trade on Japan's large and mid caps, engineered for day-length holding periods.

ROM The 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

EZJ The fund seeks magnified positive daily exposure to the MSCI Japan Index, targeting twice the index's daily return before fees and expenses.

ROM 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

  • EZJ ProShares states EZJ is the only ETF targeting 2x the daily return of the MSCI Japan Index, so there's no cheaper clone sitting next to it on the shelf.proshares.com
  • The index underneath is Japan's blue-chip core: MSCI's large and mid cap benchmark, covering roughly 85% of the market's free float. Not a narrow sector slice.msci.com
  • Listed in 2009, a long tenure for a leveraged fund, and run by a shop whose whole business is leveraged and inverse products.proshares.com
  • Gets its 2x through swaps and futures, so the magnified exposure arrives without you running a margin account.proshares.comproshares.com 2
  • ROM 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

  • EZJ 1.18% net of a waiver through September 30, 2027 (2.46% gross), above the category median and above peers like QLD at 0.89%, itself net of a waiver through that date.
  • The 2x target resets daily. Over longer stretches, returns compound off each day's new base and can land well above or below 2x the index, especially after choppy markets.proshares.com
  • A small fund that trades thinly, so spreads can run wider than on headline leveraged ETFs. Yen moves against the dollar also ride along inside the index's dollar return.proshares.com
  • ROM 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.

Full EZJ profile⁠

Full ROM profile⁠

EZJ vs ROM Holdings

How EZJ and ROM differ

Overlap by weight

29.5%

Shared holdings make up 59.4% of EZJ and 32.3% of ROM.

Level by level

  • Countryby domicile0.0%
  • Sector11 Sectors27.1%
  • Holdings1 in both29.5%
  • Asset classEquity100%

Sector

Sector weights in EZJ and ROM, widest gap first
SectorMore in EZJMore in ROM
TechnologyROM +72.9 points
IndustrialsEZJ +22.8 points
FinancialsEZJ +14.4 points
Consumer DiscretionaryEZJ +11.1 points
CommunicationEZJ +9.5 points
Health CareEZJ +5.3 points
Consumer StaplesEZJ +3.5 points
MaterialsEZJ +2.8 points
Real EstateEZJ +1.7 points
UtilitiesEZJ +1.0 points
EnergyEZJ +0.9 points

Country, concentration and asset class

Country by domicile

Country weights in EZJ and ROM, widest gap first
CountryMore in EZJMore in ROM
JapanEZJ +100.0 points
United StatesROM +99.4 points
Other countries (2)ROM +0.6 points

Outside the US: EZJ 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

  • EZJ100.0%
  • ROM70.0%

Securities held

  • EZJ2
  • ROM84

Asset class

EZJ
Equity
ROM
Equity

Holdings

  • Only in EZJ1
  • In both1
  • Only in ROM83

Only in EZJ

1 security, 40.6% of EZJ by weight

  • Ishares Msci Japan Etf40.63%

Only in ROM

83 securities, 67.7% of ROM by weight

  • Apple Inc9.53%
  • NVIDIA Corp9.38%
  • Microsoft Corp7.34%

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in EZJ and ROM, widest gap first
HoldingMore in EZJMore in ROM
Proshares Genius Mny Mkt EtfIQMMEZJ +29.90 points

All 9 EZJ holdings⁠All 80 ROM holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EZJ vs ROM Cost

Overpaying EZJ vs ROM

$4,004

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

  • EZJ 1.18%

    $21,543

  • ROM 0.93%

    $17,539

$10,000
30 years

Cost over time

  • EZJ 1.18%
  • ROM 0.93%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530EZJ $21,543ROM $17,539

Year by year

YearEZJROMOverpaying
10$2,065$1,644$421
20$7,697$6,199$1,498
30$21,543$17,539$4,004

Expense ratio

  • 1.18%EZJ
  • 0.93%ROM, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

ROM 29th cheapest of 95 funds

EZJ 85th cheapest of 95 funds

EZJ vs ROM Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
EZJ 2.19%, better
ROM 0.03%
Payout (12M)
EZJ $1.38
ROM $0.04
Last payment
EZJ $0.23
ROM $0.02
Ex-dividend
EZJ Sep 23, 2026
ROM Mar 25, 2026
Paid on
EZJ Sep 29, 2026
ROM Mar 31, 2026
Frequency
EZJ Quarterly
ROM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EZJQuarterly · 19 paymentsAll EZJ payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Dec 26, 2018 $1.29; Mar 20, 2019 $0.05; Jun 25, 2019 $0.03; Sep 25, 2019 $0.02; Dec 22, 2022 $0.16; Jun 21, 2023 $0.02; Sep 20, 2023 $0.13; Dec 20, 2023 $0.26; Mar 20, 2024 $0.05; Jun 26, 2024 $0.24; Sep 25, 2024 $0.15; Dec 23, 2024 $0.32; Mar 26, 2025 $0.04; Jun 25, 2025 $0.18; Sep 24, 2025 $0.07; Dec 24, 2025 $0.29; Mar 25, 2026 $0.52; Jun 24, 2026 $0.33; Sep 23, 2026 $0.23. Use the arrow keys to read each point.$0$12017202020232026YTD
ROMQuarterly · 19 paymentsAll ROM payments⁠
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.$0$12017202020232026YTD

EZJ vs ROM Risk

Fall from peak · 5 years

  • EZJ
  • ROM
Nov 2, 2021 to Nov 2, 2026. Worst fall: ROM −67.6% · Nov 2022. Use the arrow keys to read each point.−60%−40%−20%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
EZJ 25.0%, betterROM 49.3%
Return per unit of riskSharpe ratio, 3 years
EZJ 0.98, betterROM 0.97
Worst fallMax drawdown, 5 years
EZJ −53.6%, betterROM −67.6%
Market sensitivityBeta, 5 years
EZJ 1.24ROM 3.09

EZJ and ROM in the news

All news⁠

Popular comparisons

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    Expense ratio
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    Category
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