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ROM vs UGLD

ProShares Ultra Technology

ROMANYSE Arca

Direxion Daily Gold Bull 2X ETF

UGLDDNYSE Arca

Overlap

Expense ratio

ROM −0.14pt a year

ROM0.93%UGLD1.07%

Avg volume · 30D

UGLD 1.5×the volume

ROM50.3KUGLD74.1K

ROM vs UGLD Performance

Aug 7, 2026 – Nov 9, 2026

−20.2%ROM−12.8%UGLD

Aug 7, 2026 to Nov 9, 2026. ROM −20.2%. UGLD −12.8%. Use the arrow keys to read each point.−30%0%10%Aug 2026Sep 2026Nov 2026
Expense ratio
ROM 0.93%, better
UGLD 1.07%
Fund size
ROM $962M
UGLD $18M
1Y total return
ROM +23.8%
UGLD No data
Yield (12M)
ROM 0.03%
UGLD No data
Holdings
ROM 86
UGLD 8
Avg volume (30D)
ROM 50.3K sh
UGLD 74.1K sh, better
NAV per share
ROM $110.30
UGLD $18.63
52W range

ETF.net Grade

ROM: Cost 70, Risk 49, Mission not scored, Tradability 88, Holdings 52, Durability 80. UGLD: Cost 19, Risk 40, Mission not scored, Tradability 51, Holdings not scored, Durability 46.
Pillar letters and Scores for ROM, UGLD, with each pillar’s weight
PillarROMUGLD
Cost30% weightA70HigherF19
Mission25% weightNot scoredNot scored
Risk15% weightC49HigherC40
Tradability15% weightA88HigherC51
Holdings10% weightC52Not scored
Durability5% weightA80HigherC46

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 UGLD 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 UGLD 82nd 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 82DINDLDirexion Daily MSCI India Bull 2X ETFScore 33
  6. Rank 82DUGLDDirexion Daily Gold Bull 2X ETFScore 33
  7. Rank 84DBTGDSTKd 100% Bitcoin & 100% Gold ETFScore 31

Our read on each fund

ETF.net Research

ROMAProShares Ultra Technology

UGLDDDirexion Daily Gold 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.

UGLD Two times gold, re-struck every session. UGLD targets 200% of gold's daily price move with the SPDR Gold Trust as its reference, at 1.07% net of a waiver through September 1, 2027. A trading tool, not a bar in a vault.

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.

UGLD The fund seeks daily investment results, before fees and expenses, equal to 200% of gold’s price performance.

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
  • UGLD The mandate is narrow and legible: 200% of gold's daily price move, referenced to a single gold holding (GLD). No miners, no basket to drift away from the metal.direxion.comdirexion.com 2
  • Leverage arrives inside a plain ETF share, so the 2x daily target needs no margin account, and an intraday value (UGLD.IV) publishes through the session.direxion.com
  • Moderately traded for a fund launched in 2026, and Direxion waives part of the 1.09% gross fee down to 1.07% net through September 1, 2027.

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.
  • UGLD Daily reset is the whole story: held longer than a day, compounding takes over and multi-week results can diverge sharply from 2x gold's move, especially in choppy tape.direxion.com
  • Cost sits above the leveraged-bull median: 1.07% net of a waiver through September 1, 2027, against 0.89% net of a waiver through September 30, 2027 at QLD and 0.93% at ROM.
  • Launched in 2026 and still small, so there is only a short record of how tightly daily results have tracked the 200% target.

Full ROM profile⁠

Full UGLD profile⁠

ROM vs UGLD 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 UGLD Cost

Overpaying UGLD vs ROM

$2,276

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

  • ROM 0.93%

    $17,539

  • UGLD 1.07%

    $19,815

$10,000
30 years

Cost over time

  • ROM 0.93%
  • UGLD 1.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UGLD $19,815ROM $17,539

Year by year

YearROMUGLDOverpaying
10$1,644$1,881$237
20$6,199$7,046$847
30$17,539$19,815$2,276

Expense ratio

  • 0.93%ROM, cheaper
  • 1.07%UGLD
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

ROM 29th cheapest of 95 funds

UGLD 80th cheapest of 95 funds

ROM vs UGLD Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
ROM 0.03%
UGLD No data
Payout (12M)
ROM $0.04
UGLD No data
Last payment
ROM $0.02
UGLD $0.08
Ex-dividend
ROM Mar 25, 2026
UGLD Sep 22, 2026
Paid on
ROM Mar 31, 2026
UGLD Sep 29, 2026
Frequency
ROM Quarterly
UGLD 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
UGLDQuarterly · 2 paymentsAll UGLD payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Jun 23, 2026 $0.05; Sep 22, 2026 $0.08. Use the arrow keys to read each point.$0$0.102017202020232026YTD

ROM vs UGLD 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%UGLD No data
Return per unit of riskSharpe ratio, 3 years
ROM 0.97UGLD No data
Worst fallMax drawdown, 5 years
ROM −67.6%UGLD No data
Market sensitivityBeta, 5 years
ROM 3.09UGLD 0.00

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