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LTL vs ROM

ProShares Ultra Communication Services

LTLCNYSE Arca

ProShares Ultra Technology

ROMANYSE Arca

Overlap

Expense ratio

ROM −0.02pt a year

LTL0.95%ROM0.93%

Avg volume · 30D

ROM 2.3×the volume

LTL21.1KROM47.7K

10Y return · a year

ROM +31.8pt

LTL+4.8%ROM+36.6%

LTL vs ROM Performance

Oct 29, 2021 – Oct 30, 2026

+64.8%LTL+126.1%ROM

Oct 29, 2021 to Oct 30, 2026. LTL +64.8%. ROM +126.1%. Use the arrow keys to read each point.−50%0%200%Oct 2021Apr 2024Oct 2026
Expense ratio
LTL 0.95%
ROM 0.93%, better
Fund size
LTL $4M
ROM $1.15B
1Y total return
LTL −28.7%
ROM +26.5%, better
Yield (12M)
LTL 1.44%, better
ROM 0.03%
Holdings
LTL 23
ROM 85
Avg volume (30D)
LTL 21.1K sh
ROM 47.7K sh, better
NAV per share
LTL $19.18
ROM $132.18
52W range

ETF.net Grade

LTL: Cost 51, Risk 55, Mission not scored, Tradability 62, Holdings 42, Durability 58. ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81.
Pillar letters and Scores for LTL, ROM, with each pillar’s weight
PillarLTLROM
Cost30% weightC51A70Higher
Mission25% weightNot scoredNot scored
Risk15% weightB55B56Higher
Tradability15% weightB62A88Higher
Holdings10% weightC42Not scored
Durability5% weightB58A81Higher

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. LTL 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 LTL 37th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 77
  2. Rank 2AUYGProShares Ultra FinancialsScore 74
  3. Rank 3AROMProShares Ultra TechnologyScore 71
  4. Rank 4BDDMProShares Ultra Dow30Score 69
  5. Rank 37CEUVXCorgi Lithography & Semiconductor Photonics 2x Daily ETFScore 40
  6. Rank 37CLTLProShares Ultra Communication ServicesScore 40
  7. Rank 37CMEGXCorgi U.S. Mega-Cap Growth 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

LTLCProShares Ultra Communication Services

ROMAProShares Ultra Technology

In short

LTL The only ETF targeting 2x the daily move of the Communication Services sector, and older than the sector itself: it launched in 2008 as a telecom fund, a decade before GICS redrew the lines to pull in media and internet names.

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

LTL The fund targets twice the daily performance of the Communication Services sector.

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

  • LTL ProShares calls it the only ETF targeting 2x the daily return of the communication services sector, so this slice of geared sector exposure has no direct in-category rival.proshares.com
  • 0.95% net of a waiver through September 30, 2027 (1.83% gross), near the median of 97 funds in its category and in line with ProShares siblings DDM at 0.95% and ROM at 0.93%.
  • Trading since March 2008, it rode out the 2018 sector overhaul and sits in the stronger end of the leveraged bull funds we grade.sec.gov
  • 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

  • LTL The 2x target applies to one day. ProShares says compounding can make longer-period returns differ in amount and even direction, and to monitor holdings as often as daily.sec.gov
  • One of the smaller, less-traded funds in its category, which can mean wider bid-ask spreads than the headline leveraged names.
  • Around two dozen stocks, all drawn from the S&P 500's communication services roster, so this is concentrated sector exposure by construction.sec.gov
  • 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 LTL profile⁠

Full ROM profile⁠

LTL vs 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.

LTL vs ROM Cost

Overpaying LTL vs ROM

$330

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

  • LTL 0.95%

    $17,869

  • ROM 0.93%

    $17,539

$10,000
30 years

Cost over time

  • LTL 0.95%
  • 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$20K051015202530LTL $17,869ROM $17,539

Year by year

YearLTLROMOverpaying
10$1,678$1,644$34
20$6,322$6,199$123
30$17,869$17,539$330

Expense ratio

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

ROM 29th cheapest of 95 funds

LTL 32nd cheapest of 95 funds

LTL vs ROM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
LTL 1.44%, better
ROM 0.03%
Payout (12M)
LTL $0.28
ROM $0.04
Last payment
LTL $0.08
ROM $0.02
Ex-dividend
LTL Sep 23, 2026
ROM Mar 25, 2026
Paid on
LTL Sep 29, 2026
ROM Mar 31, 2026
Frequency
LTL Quarterly
ROM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

LTLQuarterly · 10 paymentsAll LTL payments⁠
One bar per payment. 10 payments from 2017 to 2026 YTD. Mar 20, 2024 $0.01; Jun 26, 2024 $0.02; Dec 23, 2024 $0.0083; Mar 26, 2025 $0.02; Jun 25, 2025 $0.03; Sep 24, 2025 $0.04; Dec 24, 2025 $0.09; Mar 25, 2026 $0.07; Jun 24, 2026 $0.04; Sep 23, 2026 $0.08. Use the arrow keys to read each point.$0$0.102017202020232026YTD
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$0.102017202020232026YTD

LTL vs ROM Risk

Fall from peak · 5 years

  • LTL
  • ROM
Oct 29, 2021 to Oct 30, 2026. Worst fall: ROM −67.6% · Nov 2022. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
LTL 30.1%, betterROM 49.3%
Return per unit of riskSharpe ratio, 3 years
LTL 0.73ROM 0.97, better
Worst fallMax drawdown, 5 years
LTL −53.2%, betterROM −67.6%
Market sensitivityBeta, 5 years
LTL 1.69ROM 3.09

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