ROM vs TSXU: Grades, Fees and Holdings Compared

ProShares Ultra Technology

ROMANYSE Arca

Direxion Daily Semiconductors Top 5 Bull 2X ETF

TSXUDNYSE Arca

Overlap

10.2%by weight

Expense ratio

ROM −0.04pt a year

ROM0.93%TSXU0.97%

Avg volume · 30D

TSXU 4.0×the volume

ROM50.3KTSXU203K

ROM vs TSXU Performance

Nov 7, 2025 – Nov 9, 2026

+23.8%ROM+25.6%TSXU

Expense ratio: ROM 0.93%, better; TSXU 0.97%
Fund size: ROM $962M; TSXU $10M
1Y total return: ROM +23.8%; TSXU +25.6%, better
Yield (12M): ROM 0.03%; TSXU No data
Holdings: ROM 86; TSXU 15
Avg volume (30D): ROM 50.3K sh; TSXU 203K sh, better
NAV per share: ROM $110.30; TSXU $34.05
52W range

ETF.net Grade

Pillar letters and Scores for ROM, TSXU, with each pillar’s weight
Pillar	ROM	TSXU
Cost30% weight	A70Higher	D29
Mission25% weight	Not scored	Not scored
Risk15% weight	C49Higher	C40
Tradability15% weight	A88Higher	C54
Holdings10% weight	C52	Not scored
Durability5% weight	A80Higher	C49

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›

Same Category. ROM and TSXU 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 TSXU 70th of 95 funds in the Leveraged Long (2x & Other) Category.

Rank 1AQLDProShares Ultra QQQScore 76
Rank 2AUYGProShares Ultra FinancialsScore 74
Rank 3AROMProShares Ultra TechnologyScore 70
Rank 4BDDMProShares Ultra Dow30Score 69
Rank 70DEZJProShares Ultra MSCI JapanScore 38
Rank 70DTSXUDirexion Daily Semiconductors Top 5 Bull 2X ETFScore 38
Rank 70DUPLTProShares Ultra Platinum K-1 Free ETFScore 38

Our read on each fund

ETF.net Research

ROMAProShares Ultra Technology

TSXUDDirexion Daily Semiconductors Top 5 Bull 2X ETF

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.

TSXU Most leveraged chip plays spread across the whole industry. This one goes narrow: 2x the daily move of an equal-weighted index of five semiconductor giants, reset every single day.

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.

TSXU The Fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of the NYSE Semiconductor Top 5 Equal Weight 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

TSXU Concentration is the point: the reference index holds five of the largest US-listed chip names, equal weighted, so no single mega-cap swallows the basket.direxion.com
Cost sits near the middle of the leveraged-bull pack: 0.97% net of a waiver through September 1, 2027, against 0.94% for broad-basket 2x semis fund USD.
Direxion built it as a matched pair, a 2X bull and a -2X bear on the same index, so traders can lean either way with identical mechanics.direxion.com

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.gov proshares.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.

TSXU The 2x target applies to one day. Hold longer and each day's return compounds off the last, so multi-day results can drift well away from 2x the index.direxion.com
Five holdings, no diversification cushion. The fund is non-diversified, and one chip name's rough session moves the entire portfolio.direxion.com
That 0.97% is a waived figure: gross runs 5.11%, with the waiver in place through September 1, 2027.

Full ROM profile⁠

Full TSXU profile⁠

ROM vs TSXU Holdings

How ROM and TSXU differ

Overlap by weight

10.2%

Shared holdings make up 15.8% of ROM and 13.0% of TSXU.

About this figure: ROM gets much of its exposure from swaps and futures, which aren’t counted.

TSXU gets much of its exposure from swaps and futures, which aren’t counted.

Level by level

Holdings3 in both10.2%
Countryby domicile61.3%
Asset classStocks100%
Sector2 Sectors99.9%

Sector

Sector weights in ROM and TSXU, widest gap first
Sector	More in ROMMore in TSXU	Gap	ROM	TSXU
Technology		TSXU +0.1 points	99.9%	100.0%
Energy		ROM +0.1 points	0.1%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in ROM and TSXU, widest gap first
Country	Gap	ROM	TSXU
United States	ROM +38.1 points	99.4%	61.3%
Taiwan	TSXU +20.9 points	0.0%	20.9%
South Korea	TSXU +17.8 points	0.0%	17.8%
Other countries (2)	ROM +0.6 points	0.6%	0.0%

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

Concentration

Weight in the 10 largest Holdings

ROM67.2%
TSXU93.5%

Securities held

ROM85
TSXU7

Asset class

ROM: Stocks
TSXU: Stocks

Holdings

Only in ROM82
In both3
Only in TSXU4

Only in ROM

82 securities, 62.7% of ROM by weight

Apple Inc11.38%
Microsoft Corp8.98%
Advanced Micro Devices3.02%
Proshares Genius Mny Mkt Etf3.02%
TREASURY BILL, 0%, due 2027-01-121.76%
Cisco Systems Inc1.71%
Palantir Technologies Inc-A1.70%
TREASURY BILL, 0%, due 2026-12-241.66%
Intel Corp1.29%
Applied Materials Inc1.22%
Palo Alto Networks Inc1.18%
Texas Instruments Inc1.17%
Lam Research Corp1.16%
TREASURY BILL, 0%, due 2026-12-291.14%
Intl Business Machines Corp1.06%
Oracle Corp1.05%
Crowdstrike Holdings Inc - A1.02%
Amphenol Corp-Cl A0.85%
Kla Corp0.83%
TREASURY BILL, 0%, due 2026-12-170.83%
Arista Networks Inc0.82%
Analog Devices Inc0.82%
Qualcomm Inc0.81%
Salesforce Inc0.81%
Accenture Plc-Cl A0.74%
Marvell Technology Inc0.57%
Sandisk Corp0.56%
TREASURY BILL, 0%, due 2026-11-100.52%
TREASURY BILL, 0%, due 2026-12-030.52%
Servicenow Inc0.49%
Seagate Technology Holdings0.48%
Dell Technologies -C0.46%
Western Digital Corp0.44%
Adobe Inc0.44%
Intuit Inc0.43%
Cadence Design Sys Inc0.41%
Synopsys Inc0.40%
Motorola Solutions Inc0.39%
Corning Inc0.39%
Fortinet Inc0.34%
Nxp Semiconductors NV0.29%
Datadog Inc - Class A0.28%
Te Connectivity PLC0.28%
Hewlett Packard Enterprise0.27%
Monolithic Power Systems Inc0.27%
Autodesk Inc0.25%
Lumentum Holdings Inc0.22%
Roper Technologies Inc0.22%
Keysight Technologies In0.21%
Workday Inc-Class A0.18%

Only in TSXU

4 securities, 29.2% of TSXU by weight

Goldman Finl Sq Trsry Inst 50619.04%
Taiwan Semiconductor-Sp Adr4.73%
Sk Hynix Inc-Adr3.66%
Goldman Sachs Fin Gov 465 Institut1.74%

Weight gaps

All 3 Holdings in both funds, largest gap first.

Holding weights in ROM and TSXU, widest gap first
Holding	Gap	ROM	TSXU
NVIDIA CorpNVDA	ROM +5.62 points	10.29%	4.67%
Micron Technology IncMU	TSXU +1.51 points	2.36%	3.87%
Broadcom IncAVGO	TSXU +1.25 points	3.18%	4.43%

All 80 ROM holdings⁠All TSXU 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 TSXU Cost

Overpaying TSXU vs ROM

$659

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

ROM 0.93%
$17,539
TSXU 0.97%
$18,198

Amount$10,000

Years30 years

Cost over time

ROM 0.93%
TSXU 0.97%
Overpaying

Year by year

Year	ROM	TSXU	Overpaying
10	$1,644	$1,712	$68
20	$6,199	$6,443	$244
30	$17,539	$18,198	$659

Expense ratio

0.93%ROM, cheaper
0.97%TSXU

ROM0.93%TSXU0.97%

0.20%2.19%

Middle half of Leveraged Long (2x & Other) funds
Median 0.95%

ROM 29th cheapest of 95 funds

TSXU 68th cheapest of 95 funds

ROM vs TSXU Dividends

Last 12 months to Nov 9, 2026

Yield (12M): ROM 0.03%; TSXU No data
Payout (12M): ROM $0.04; TSXU No data
Last payment: ROM $0.02; TSXU $0.09
Ex-dividend: ROM Mar 25, 2026; TSXU Sep 22, 2026
Paid on: ROM Mar 31, 2026; TSXU Sep 29, 2026
Frequency: ROM Quarterly; TSXU Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ROMQuarterly · 19 paymentsAll ROM payments⁠

TSXUQuarterly · 5 paymentsAll TSXU payments⁠

ROM vs TSXU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: ROM 49.3%TSXU 91.7%since Nov 2025
Return per unit of riskSharpe ratio, 3 years: ROM 0.97TSXU 0.67since Nov 2025
Worst fallMax drawdown, 5 years: ROM −67.6%TSXU −55.0%since Oct 2025
Market sensitivityBeta, 5 years: ROM 3.09TSXU 5.63; Market = 1

Popular comparisons

ROMAvsQLDA
ProShares Ultra Technology · ProShares Ultra QQQ
Expense ratio
0.93% · 0.89%
Category
TSXUDvsQLDA
Direxion Daily Semiconductors Top 5 Bull 2X ETF · ProShares Ultra QQQ
Expense ratio
0.97% · 0.89%
Category
ROMAvsUYGA
ProShares Ultra Technology · ProShares Ultra Financials
Expense ratio
0.93% · 0.93%
Category
TSXUDvsUYGA
Direxion Daily Semiconductors Top 5 Bull 2X ETF · ProShares Ultra Financials
Expense ratio
0.97% · 0.93%
Category
ROMAvsDDMB
ProShares Ultra Technology · ProShares Ultra Dow30
Expense ratio
0.93% · 0.95%
Category
TSXUDvsDDMB
Direxion Daily Semiconductors Top 5 Bull 2X ETF · ProShares Ultra Dow30
Expense ratio
0.97% · 0.95%
Category