Skip to content
etf.net

ROM vs UCOP

ProShares Ultra Technology

ROMANYSE Arca

ProShares Trust

UCOPCNYSE Arca

Overlap

Expense ratio

ROM −0.02pt a year

ROM0.93%UCOP0.95%

Avg volume · 30D

ROM 25.6×the volume

ROM47.7KUCOP1.86K

ROM vs UCOP Performance

Jul 31, 2026 – Oct 30, 2026

+2.0%ROM−8.1%UCOP

Jul 31, 2026 to Oct 30, 2026. ROM +2.0%. UCOP −8.1%. Use the arrow keys to read each point.10%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
ROM 0.93%, better
UCOP 0.95%
Fund size
ROM $1.15B
UCOP $4M
1Y total return
ROM +26.5%
UCOP No data
Yield (12M)
ROM 0.03%
UCOP No data
Holdings
ROM 85
UCOP 1
Avg volume (30D)
ROM 47.7K sh, better
UCOP 1.86K sh
NAV per share
ROM $132.18
UCOP $39.14
52W range

ETF.net Grade

ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81. UCOP: Cost 51, Risk 53, Mission 57, Tradability 46, Holdings not scored, Durability 46.
Pillar letters and Scores for ROM, UCOP, with each pillar’s weight
PillarROMUCOP
Cost30% weightA70HigherC51
Mission25% weightNot scoredB57
Risk15% weightB56HigherC53
Tradability15% weightA88HigherC46
Holdings10% weightNot scoredNot scored
Durability5% weightA81HigherC46

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 UCOP 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 UCOP 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 37CUBRProShares Ultra MSCI Brazil CappedScore 40
  6. Rank 37CUCOPProShares TrustScore 40
  7. Rank 37CUSMXCorgi U.S. Mid-Cap 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

ROMAProShares Ultra Technology

UCOPCProShares Trust

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.

UCOP Doubling down on copper, minus the Schedule K-1: UCOP targets 2x the metal's daily move inside a 1940 Act fund that sends a Form 1099. Fee is 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.

UCOP The fund seeks daily results equal to two times the daily performance of copper 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
  • UCOP Commodity leverage without the tax-season paperwork: ProShares launched it in April 2026 alongside its 2x platinum and palladium funds, and shareholders get Form 1099 reporting, not a Schedule K-1.proshares.com
  • The mandate is one line: two times the daily performance of copper before fees, benchmarked to the United States Copper Index Fund (CPER). No stock picking, no overlay, no guesswork about what you own.
  • Priced at 0.95% net of a waiver through September 30, 2027, near the median for leveraged bull funds and level with ProShares' long-running Ultra Dow30 (DDM) at 0.95%.

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.
  • UCOP The 2x target resets daily and compounds. Over any period longer than a day, results can differ significantly from 2x the move in copper, and choppy stretches work against the math.proshares.com
  • That 0.95% is the net figure. Gross expenses run 3.44%, and the gap is covered by a waiver that runs through September 30, 2027.
  • Young and small next to ProShares' veteran equity Ultras, and it trades lightly, which can show up as wider bid-ask spreads.

Full ROM profile⁠

Full UCOP profile⁠

ROM vs UCOP 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 UCOP Cost

Overpaying UCOP vs ROM

$330

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

  • ROM 0.93%

    $17,539

  • UCOP 0.95%

    $17,869

$10,000
30 years

Cost over time

  • ROM 0.93%
  • UCOP 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$20K051015202530UCOP $17,869ROM $17,539

Year by year

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

ROM 29th cheapest of 95 funds

UCOP 32nd cheapest of 95 funds

ROM vs UCOP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ROM 0.03%
UCOP No data
Payout (12M)
ROM $0.04
UCOP No data
Last payment
ROM $0.02
UCOP $0.12
Ex-dividend
ROM Mar 25, 2026
UCOP Sep 23, 2026
Paid on
ROM Mar 31, 2026
UCOP Sep 29, 2026
Frequency
ROM Quarterly
UCOP 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$0.102017202020232026YTD
UCOPQuarterly · 2 paymentsAll UCOP payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Jun 24, 2026 $0.05; Sep 23, 2026 $0.12. Use the arrow keys to read each point.$0$0.102017202020232026YTD

ROM vs UCOP 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%UCOP No data
Return per unit of riskSharpe ratio, 3 years
ROM 0.97UCOP No data
Worst fallMax drawdown, 5 years
ROM −67.6%UCOP No data
Market sensitivityBeta, 5 years
ROM 3.09UCOP 2.11

Popular comparisons

  • ROMAvsQLDA

    ProShares Ultra Technology · ProShares Ultra QQQ

    Expense ratio
    0.93% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UCOPCvsQLDA

    ProShares Trust · ProShares Ultra QQQ

    Expense ratio
    0.95% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ROMAvsUYGA

    ProShares Ultra Technology · ProShares Ultra Financials

    Expense ratio
    0.93% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UCOPCvsUYGA

    ProShares Trust · ProShares Ultra Financials

    Expense ratio
    0.95% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ROMAvsDDMB

    ProShares Ultra Technology · ProShares Ultra Dow30

    Expense ratio
    0.93% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UCOPCvsDDMB

    ProShares Trust · ProShares Ultra Dow30

    Expense ratio
    0.95% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.