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RAAA vs ROM

Reckoner Yield Enhanced AAA CLO ETF

RAAA—NYSE Arca

ProShares Ultra Technology

ROMANYSE Arca

Overlap

Expense ratio

RAAA −0.63pt a year

RAAA0.30%ROM0.93%

Avg volume · 30D

ROM 6.7×the volume

RAAA7.07KROM47.7K

RAAA vs ROM Performance

Oct 31, 2025 – Oct 30, 2026

+5.6%RAAA+26.5%ROM

Oct 31, 2025 to Oct 30, 2026. RAAA +5.6%. ROM +26.5%. Use the arrow keys to read each point.−20%40%60%Oct 2025May 2026Oct 2026
Expense ratio
RAAA 0.30%, better
ROM 0.93%
Fund size
RAAA $45M
ROM $1.15B
1Y total return
RAAA +5.6%
ROM +26.5%, better
Yield (12M)
RAAA 5.46%, better
ROM 0.03%
Holdings
RAAA 47
ROM 85
Avg volume (30D)
RAAA 7.07K sh
ROM 47.7K sh, better
NAV per share
RAAA $25.11
ROM $132.18
52W range

ETF.net Grade

  • —RAAAUnder classification review
ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81.
Pillar letters and Scores for RAAA, ROM, with each pillar’s weight
PillarRAAAROM
Cost30% weightNot scoredA70
Mission25% weightNot scoredNot scored
Risk15% weightNot scoredB56
Tradability15% weightNot scoredA88
Holdings10% weightNot scoredNot scored
Durability5% weightNot scoredA81

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

ROM ranks 3rd 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. RAAANot yet graded

Our read on each fund

ETF.net Research

RAAA—Reckoner Yield Enhanced AAA CLO ETF

ROMAProShares Ultra Technology

In short

RAAA No data

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

RAAA No data

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

RAAA No data

  • 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

RAAA No data

  • 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 RAAA profile⁠

Full ROM profile⁠

RAAA 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.

RAAA vs ROM Cost

Overpaying ROM vs RAAA

$11,390

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

  • RAAA 0.30%

    $6,149

  • ROM 0.93%

    $17,539

$10,000
30 years

Cost over time

  • RAAA 0.30%
  • 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$20K051015202530ROM $17,539RAAA $6,149

Year by year

YearRAAAROMOverpaying
10$545$1,644$1,099
20$2,113$6,199$4,086
30$6,149$17,539$11,390

Expense ratio

  • 0.30%RAAA, cheaper
  • 0.93%ROM
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

RAAA 2nd cheapest of 95 funds

ROM 29th cheapest of 95 funds

RAAA vs ROM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
RAAA 5.46%, better
ROM 0.03%
Payout (12M)
RAAA $1.37
ROM $0.04
Last payment
RAAA $0.10
ROM $0.02
Ex-dividend
RAAA Oct 1, 2026
ROM Mar 25, 2026
Paid on
RAAA Oct 6, 2026
ROM Mar 31, 2026
Frequency
RAAA Monthly
ROM Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

RAAAMonthly · 16 paymentsAll RAAA payments⁠
One bar per payment. 16 payments from 2023 to 2026 YTD. Aug 1, 2025 $0.07; Sep 2, 2025 $0.11; Oct 1, 2025 $0.14; Nov 3, 2025 $0.12; Dec 1, 2025 $0.10; Dec 23, 2025 $0.13; Feb 2, 2026 $0.11; Mar 2, 2026 $0.10; Apr 1, 2026 $0.10; May 1, 2026 $0.11; Jun 1, 2026 $0.10; Jul 1, 2026 $0.11; Aug 3, 2026 $0.11; Aug 31, 2026 $0.06; Sep 1, 2026 $0.11; Oct 1, 2026 $0.10. Use the arrow keys to read each point.$0$0.1020232026YTD
ROMQuarterly · 10 paymentsAll ROM payments⁠
One bar per payment. 10 payments from 2023 to 2026 YTD. 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$0.1020232026YTD

RAAA vs ROM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
RAAA 0.8%since Aug 2025ROM 49.3%
Return per unit of riskSharpe ratio, 3 years
RAAA 1.94since Aug 2025ROM 0.97
Worst fallMax drawdown, 5 years
RAAA −0.7%since Jul 2025ROM −67.6%
Market sensitivityBeta, 5 years
RAAA 0.06ROM 3.09

RAAA and ROM in the news

All news⁠

Popular comparisons

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