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ROM vs RXL

ProShares Ultra Technology

ROMANYSE Arca

ProShares Ultra Health Care

RXLBNYSE Arca

Overlap

Expense ratio

ROM −0.02pt a year

ROM0.93%RXL0.95%

Avg volume · 30D

ROM 3.3×the volume

ROM47.7KRXL14.5K

10Y return · a year

ROM +18.7pt

ROM+36.6%RXL+17.9%

ROM vs RXL Performance

Oct 29, 2021 – Oct 30, 2026

+126.1%ROM+40.9%RXL

Oct 29, 2021 to Oct 30, 2026. ROM +126.1%. RXL +40.9%. Use the arrow keys to read each point.−50%0%200%Oct 2021Apr 2024Oct 2026
Expense ratio
ROM 0.93%, better
RXL 0.95%
Fund size
ROM $1.15B
RXL $113M
1Y total return
ROM +26.5%
RXL +56.4%, better
Yield (12M)
ROM 0.03%
RXL 0.90%, better
Holdings
ROM 85
RXL 62
Avg volume (30D)
ROM 47.7K sh, better
RXL 14.5K sh
NAV per share
ROM $132.18
RXL $70.10
52W range

ETF.net Grade

ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81. RXL: Cost 51, Risk 73, Mission not scored, Tradability 69, Holdings 52, Durability 75.
Pillar letters and Scores for ROM, RXL, with each pillar’s weight
PillarROMRXL
Cost30% weightA70HigherC51
Mission25% weightNot scoredNot scored
Risk15% weightB56A73Higher
Tradability15% weightA88HigherB69
Holdings10% weightNot scoredC52
Durability5% weightA81HigherA75

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. ROM and RXL 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 RXL 11th 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 9BUWMProShares Ultra Russell2000Score 63
  6. Rank 11BRXLProShares Ultra Health CareScore 61
  7. Rank 12BUGEProShares Ultra Consumer StaplesScore 60

Our read on each fund

ETF.net Research

ROMAProShares Ultra Technology

RXLBProShares Ultra Health Care

In short

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.

RXL Health care with the volume turned up: RXL targets two times the daily move of the S&P Health Care Select Sector Index. It has been running that one-day dial since 2007, through a long run of drug-pricing and policy cycles.

Stated mandate

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.

RXL The fund seeks daily returns, before fees and expenses, equal to two times the daily performance of the S&P Health Care Select Sector Index.

Why people hold it

  • 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
  • RXL Plain mandate, no stock picking: 2x the daily move of a cap-weighted index of roughly 70 large US health care names (drugmakers, insurers, device and services companies).proshares.com
  • 0.95% net of a waiver through September 30, 2027 lands near the leveraged-bull median; stablemate QLD runs 0.89% net of a waiver through that same date.
  • Trading since January 2007, one of the original ProShares sector Ultras, and one of the stronger implementations in a crowded leveraged field. Pays quarterly.

Worth knowing

  • 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.
  • RXL The 2x resets every day. Hold past that and compounding takes the wheel, so multi-day results can land well off 2x the index, especially in choppy markets.proshares.com
  • Exposure is built with swaps and other derivatives, so counterparty and financing costs ride along with the sector bet.proshares.com
  • One of the quieter names in leveraged land. Thinner tape can mean wider spreads, and the gross fee is 1.08% once the waiver ends September 30, 2027.

Full ROM profile⁠

Full RXL profile⁠

ROM vs RXL 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.

ROM vs RXL Cost

Overpaying RXL vs ROM

$330

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

  • ROM 0.93%

    $17,539

  • RXL 0.95%

    $17,869

$10,000
30 years

Cost over time

  • ROM 0.93%
  • RXL 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530RXL $17,869ROM $17,539

Year by year

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

Expense ratio

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

ROM 29th cheapest of 95 funds

RXL 32nd cheapest of 95 funds

ROM vs RXL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ROM 0.03%
RXL 0.90%, better
Payout (12M)
ROM $0.04
RXL $0.63
Last payment
ROM $0.02
RXL $0.13
Ex-dividend
ROM Mar 25, 2026
RXL Sep 23, 2026
Paid on
ROM Mar 31, 2026
RXL Sep 29, 2026
Frequency
ROM Quarterly
RXL Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

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$0.252017202020232026YTD
RXLQuarterly · 29 paymentsAll RXL payments⁠
One bar per payment. 29 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.03; Mar 21, 2018 $0.02; Jun 20, 2018 $0.01; Sep 26, 2018 $0.01; Dec 26, 2018 $0.03; Mar 20, 2019 $0.03; Jun 25, 2019 $0.02; Dec 24, 2019 $0.03; Mar 25, 2020 $0.04; Dec 23, 2020 $0.02; Mar 23, 2021 $0.02; Jun 22, 2021 $0.0065; Sep 22, 2021 $0.006; Dec 23, 2021 $0.02; Mar 23, 2022 $0.05; Jun 22, 2022 $0.0015; Dec 22, 2022 $0.11; Dec 20, 2023 $0.08; Mar 20, 2024 $0.09; Jun 26, 2024 $0.17; Sep 25, 2024 $0.13; Dec 23, 2024 $0.15; Mar 26, 2025 $0.13; Jun 25, 2025 $0.22; Sep 24, 2025 $0.20; Dec 24, 2025 $0.18; Mar 25, 2026 $0.14; Jun 24, 2026 $0.18; Sep 23, 2026 $0.13. Use the arrow keys to read each point.$0$0.252017202020232026YTD

ROM vs RXL Risk

Fall from peak · 5 years

  • ROM
  • RXL
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
ROM 49.3%RXL 29.6%, better
Return per unit of riskSharpe ratio, 3 years
ROM 0.97, betterRXL 0.72
Worst fallMax drawdown, 5 years
ROM −67.6%RXL −36.1%, better
Market sensitivityBeta, 5 years
ROM 3.09RXL 1.14

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