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ROM vs UPLT

ProShares Ultra Technology

ROMANYSE Arca

ProShares Ultra Platinum K-1 Free ETF

UPLTDNYSE Arca

Overlap

Expense ratio

ROM −0.02pt a year

ROM0.93%UPLT0.95%

Avg volume · 30D

ROM 27.4×the volume

ROM47.7KUPLT1.74K

ROM vs UPLT Performance

Jul 31, 2026 – Oct 30, 2026

+2.0%ROM−30.8%UPLT

Jul 31, 2026 to Oct 30, 2026. ROM +2.0%. UPLT −30.8%. Use the arrow keys to read each point.−20%−10%10%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
ROM 0.93%, better
UPLT 0.95%
Fund size
ROM $1.15B
UPLT $0
1Y total return
ROM +26.5%
UPLT No data
Yield (12M)
ROM 0.03%
UPLT No data
Holdings
ROM 85
UPLT 1
Avg volume (30D)
ROM 47.7K sh, better
UPLT 1.74K sh
NAV per share
ROM $132.18
UPLT $15.51
52W range

ETF.net Grade

ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81. UPLT: Cost 51, Risk 16, Mission 81, Tradability 37, Holdings not scored, Durability 33.
Pillar letters and Scores for ROM, UPLT, with each pillar’s weight
PillarROMUPLT
Cost30% weightA70HigherC51
Mission25% weightNot scoredA81
Risk15% weightB56HigherF16
Tradability15% weightA88HigherD37
Holdings10% weightNot scoredNot scored
Durability5% weightA81HigherD33

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 UPLT 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 UPLT 71st 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 71DTEXUDirexion Daily Energy Top 5 Bull 2X ETFScore 38
  6. Rank 71DUPLTProShares Ultra Platinum K-1 Free ETFScore 38
  7. Rank 74DJNUGDirexion Daily Junior Gold Miners Index Bull 2X ETFScore 36

Our read on each fund

ETF.net Research

ROMAProShares Ultra Technology

UPLTDProShares Ultra Platinum K-1 Free 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.

UPLT Platinum, with the volume turned up. UPLT is the first and only ETF built to track twice platinum's daily move, and it lives inside a 1940 Act fund, so holders get a 1099 instead of a K-1.

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.

UPLT The Fund seeks daily investment results, before fees and expenses, that correspond to two times the daily performance of platinum's price.

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
  • UPLT The first and only ETF targeting 2x the daily return of platinum, a corner of the metals market geared funds had skipped until 2026.proshares.com
  • Built as a registered fund rather than a commodity partnership, so tax season brings a 1099, not a K-1.proshares.com
  • 0.95% net of a waiver through September 30, 2027, near the typical fee among leveraged bull funds and level with ProShares' own Ultra Dow30 (DDM, 0.95%).
  • Hits its daily 2x target through swaps benchmarked to the abrdn Physical Platinum Shares ETF (PPLT), so there's no physical metal or futures account on your end.sec.gov

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.
  • UPLT The 2x target resets every day. Hold longer and compounding plus platinum's swings can push results away from 2x the period's move, in either direction.sec.gov
  • That 0.95% is a waived number good through September 30, 2027. The gross ratio is 5.30%, so the cost can step up if the waiver isn't extended.
  • Launched in 2026 and still a small, thinly traded fund, so spreads can run wider than on the big geared index ETFs.

Full ROM profile⁠

Full UPLT profile⁠

ROM vs UPLT 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 UPLT Cost

Overpaying UPLT vs ROM

$330

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

  • ROM 0.93%

    $17,539

  • UPLT 0.95%

    $17,869

$10,000
30 years

Cost over time

  • ROM 0.93%
  • UPLT 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$20K051015202530UPLT $17,869ROM $17,539

Year by year

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

ROM 29th cheapest of 95 funds

UPLT 32nd cheapest of 95 funds

ROM vs UPLT Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ROM 0.03%
UPLT No data
Payout (12M)
ROM $0.04
UPLT No data
Last payment
ROM $0.02
UPLT $0.17
Ex-dividend
ROM Mar 25, 2026
UPLT Sep 23, 2026
Paid on
ROM Mar 31, 2026
UPLT Sep 29, 2026
Frequency
ROM Quarterly
UPLT 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
UPLTQuarterly · 2 paymentsAll UPLT payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Jun 24, 2026 $0.06; Sep 23, 2026 $0.17. Use the arrow keys to read each point.$0$0.102017202020232026YTD

ROM vs UPLT 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%UPLT No data
Return per unit of riskSharpe ratio, 3 years
ROM 0.97UPLT No data
Worst fallMax drawdown, 5 years
ROM −67.6%UPLT No data
Market sensitivityBeta, 5 years
ROM 3.09UPLT 1.91

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