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ROM vs UBR

ProShares Ultra Technology

ROMANYSE Arca

ProShares Ultra MSCI Brazil Capped

UBRCNYSE Arca

Overlap

Expense ratio

ROM −0.02pt a year

ROM0.93%UBR0.95%

Avg volume · 30D

ROM 16.3×the volume

ROM50.3KUBR3.08K

10Y return · a year

ROM +44.3pt

ROM+35.1%UBR−9.2%

ROM vs UBR Performance

Nov 9, 2021 – Nov 9, 2026

+88.3%ROM+16.5%UBR

Nov 9, 2021 to Nov 9, 2026. ROM +88.3%. UBR +16.5%. Use the arrow keys to read each point.−50%50%150%Nov 2021May 2024Nov 2026
Expense ratio
ROM 0.93%, better
UBR 0.95%
Fund size
ROM $962M
UBR $2M
1Y total return
ROM +23.8%, better
UBR −9.0%
Yield (12M)
ROM 0.03%
UBR 2.38%, better
Holdings
ROM 86
UBR 1
Avg volume (30D)
ROM 50.3K sh, better
UBR 3.08K sh
NAV per share
ROM $110.30
UBR $22.41
52W range

ETF.net Grade

ROM: Cost 70, Risk 49, Mission not scored, Tradability 88, Holdings 52, Durability 80. UBR: Cost 51, Risk 29, Mission not scored, Tradability 41, Holdings not scored, Durability 57.
Pillar letters and Scores for ROM, UBR, with each pillar’s weight
PillarROMUBR
Cost30% weightA70HigherC51
Mission25% weightNot scoredNot scored
Risk15% weightC49HigherD29
Tradability15% weightA88HigherC41
Holdings10% weightC52Not scored
Durability5% weightA80HigherB57

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

  1. Rank 1AQLDProShares Ultra QQQScore 76
  2. Rank 2AUYGProShares Ultra FinancialsScore 74
  3. Rank 3AROMProShares Ultra TechnologyScore 70
  4. Rank 4BDDMProShares Ultra Dow30Score 69
  5. Rank 37CTSYWRoundhill Treasury Bond Weeklypay ETFScore 40
  6. Rank 37CUBRProShares Ultra MSCI Brazil CappedScore 40
  7. Rank 37CUCOPProShares TrustScore 40

Our read on each fund

ETF.net Research

ROMAProShares Ultra Technology

UBRCProShares Ultra MSCI Brazil Capped

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.

UBR Two times the daily move of Brazil's large-cap index in one ticker, with index caps that keep Petrobras and Vale from swallowing the basket. Leverage resets every day. 0.95% net of a waiver through September 30, 2027.

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.

UBR UBR seeks daily results equal to two times the daily performance of the MSCI Brazil 25/50 Index, before fees and expenses.

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
  • UBR Aims for 2x the daily performance of the MSCI Brazil 25/50 Index, before fees, in a brokerage account. No margin account, no swap desk, one ticker.proshares.com
  • The 25/50 index rules cap any single issuer at 25% and hold all 5%-plus names to 50% combined, so Brazil's oil and mining giants cannot run away with the weighting.msci.com
  • At 0.95% net of a waiver through September 30, 2027, the fee sits near the leveraged-bull median and level with ProShares' 2x Dow fund, DDM, at 0.95%.
  • Listed since 2010, so the structure has run through several full Brazilian boom-and-bust cycles.

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.
  • UBR Leverage resets daily. Hold longer than a day and compounding takes over, so results can drift well away from 2x the index's move for the period, especially in choppy markets.proshares.com
  • Gross expenses run 3.26%, trimmed to 0.95% by a waiver through September 30, 2027. Worth tracking what the fee looks like after that date.
  • A small fund that trades lightly next to the big 2x index products, which can mean wider spreads. Limit orders earn their keep here.

Full ROM profile⁠

Full UBR profile⁠

ROM vs UBR 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 UBR Cost

Overpaying UBR vs ROM

$330

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

  • ROM 0.93%

    $17,539

  • UBR 0.95%

    $17,869

$10,000
30 years

Cost over time

  • ROM 0.93%
  • UBR 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$20K051015202530UBR $17,869ROM $17,539

Year by year

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

ROM 29th cheapest of 95 funds

UBR 32nd cheapest of 95 funds

ROM vs UBR Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
ROM 0.03%
UBR 2.38%, better
Payout (12M)
ROM $0.04
UBR $0.56
Last payment
ROM $0.02
UBR $0.17
Ex-dividend
ROM Mar 25, 2026
UBR Sep 23, 2026
Paid on
ROM Mar 31, 2026
UBR Sep 29, 2026
Frequency
ROM Quarterly
UBR 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
UBRQuarterly · 19 paymentsAll UBR payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Dec 26, 2018 $0.08; Mar 20, 2019 $0.10; Jun 25, 2019 $0.09; Sep 25, 2019 $0.25; Dec 24, 2019 $0.03; Jun 21, 2023 $0.0027; Sep 20, 2023 $0.17; Dec 20, 2023 $0.22; Mar 20, 2024 $0.16; Jun 26, 2024 $0.26; Sep 25, 2024 $0.40; Dec 23, 2024 $0.29; Mar 26, 2025 $0.12; Jun 25, 2025 $0.16; Sep 24, 2025 $0.13; Dec 24, 2025 $0.13; Mar 25, 2026 $0.13; Jun 24, 2026 $0.12; Sep 23, 2026 $0.17. Use the arrow keys to read each point.$0$0.252017202020232026YTD

ROM vs UBR Risk

Fall from peak · 5 years

  • ROM
  • UBR
Nov 9, 2021 to Nov 9, 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
ROM 49.3%, betterUBR 50.8%
Return per unit of riskSharpe ratio, 3 years
ROM 0.97, betterUBR 0.21
Worst fallMax drawdown, 5 years
ROM −67.6%UBR −65.2%, better
Market sensitivityBeta, 5 years
ROM 3.09UBR 0.80

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