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ROM vs URSP

ProShares Ultra Technology

ROMANYSE Arca

ProShares Ultra S&P 500 Equal Weight

URSPBNYSE Arca

Overlap

36.5%by weight

Expense ratio

ROM −0.02pt a year

ROM0.93%URSP0.95%

Avg volume · 30D

URSP 1.2×the volume

ROM47.7KURSP55K

ROM vs URSP Performance

Oct 31, 2025 – Oct 30, 2026

+26.5%ROM+29.3%URSP

Oct 31, 2025 to Oct 30, 2026. ROM +26.5%. URSP +29.3%. Use the arrow keys to read each point.−20%0%40%60%Oct 2025Apr 2026Oct 2026
Expense ratio
ROM 0.93%, better
URSP 0.95%
Fund size
ROM $1.15B
URSP $41M
1Y total return
ROM +26.5%
URSP +29.3%, better
Yield (12M)
ROM 0.03%
URSP 1.23%, better
Holdings
ROM 85
URSP 503
Avg volume (30D)
ROM 47.7K sh
URSP 55K sh, better
NAV per share
ROM $132.18
URSP $50.63
52W range

ETF.net Grade

ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81. URSP: Cost 51, Risk 90, Mission not scored, Tradability 83, Holdings not scored, Durability 62.
Pillar letters and Scores for ROM, URSP, with each pillar’s weight
PillarROMURSP
Cost30% weightA70HigherC51
Mission25% weightNot scoredNot scored
Risk15% weightB56A90Higher
Tradability15% weightA88HigherA83
Holdings10% weightNot scoredNot scored
Durability5% weightA81HigherB62

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 URSP 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 URSP 6th 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 5BUSDProShares Ultra SemiconductorsScore 68
  6. Rank 6BURSPProShares Ultra S&P 500 Equal WeightScore 67
  7. Rank 7BUJBProShares Ultra High YieldScore 65

Our read on each fund

ETF.net Research

ROMAProShares Ultra Technology

URSPBProShares Ultra S&P 500 Equal Weight

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.

URSP Leverage without the mega-cap pileup. Launched in 2025, URSP aims for 2x the daily move of the S&P 500 Equal Weight Index, where every member gets the same slot. Fee: 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.

URSP URSP seeks daily investment results, before fees and expenses, corresponding to two times the daily performance of the S&P 500 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
  • URSP The only ETF built to target 2x the daily move of the equal-weight S&P 500, so the amplified bet rides 500 roughly equal slices instead of a few giants.proshares.comyahoo.com
  • Equal weight hands every company a uniform 0.2% at each quarterly rebalance, so the leveraged exposure keeps resetting away from whatever got crowded.yahoo.com
  • At 0.95% net of a waiver through September 30, 2027, it sits near the leveraged-bull median and matches DDM, while QLD runs 0.89% net of a waiver to the same date.
  • One of the stronger implementations in a crowded leveraged-bull field, with competitive cost, a contained risk profile and smooth day-to-day trading.

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.
  • URSP Daily reset: the 2x target applies to one day only. Over longer holds, compounding can land results above or below 2x the index move, especially in choppy markets.proshares.com
  • That 0.95% rests on a waiver through September 30, 2027; the gross fee is 1.34%.
  • It launched in 2025, so the live track record is short and the asset base is still modest.

Full ROM profile⁠

Full URSP profile⁠

ROM vs URSP Holdings

How ROM and URSP differ

Overlap by weight

36.5%

Shared holdings make up 91.2% of ROM and 51.3% of URSP.

Level by level

  • Holdings75 in both36.5%
  • Countryby domicile99.5%
  • Asset classEquity100%

Sector

No Sector split for URSP.

Country, concentration and asset class

Country by domicile

Country weights in ROM and URSP, widest gap first
CountryMore in ROMMore in URSP
United StatesURSP +0.4 points
ChinaROM +0.4 points
MexicoROM +0.2 points
SwitzerlandURSP +0.1 points
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • ROM70.0%
  • URSP44.5%

Securities held

  • ROM84
  • URSP502

Asset class

ROM
Equity
URSP
Equity

Holdings

  • Only in ROM9
  • In both75
  • Only in URSP427

Only in ROM

9 securities, 8.8% of ROM by weight

  • Proshares Genius Mny Mkt Etf3.23%
  • TREASURY BILL, 0%, due 2027-01-121.47%
  • TREASURY BILL, 0%, due 2026-12-241.39%

Only in URSP

427 securities, 48.7% of URSP by weight

  • Kimberly-Clark Corp0.22%
  • Moderna Inc0.18%
  • Mettler-Toledo International0.16%

Weight gaps

All 75 Holdings in both funds, largest gap first.

Holding weights in ROM and URSP, widest gap first
HoldingMore in ROMMore in URSP
Apple IncAAPLROM +9.41 points
NVIDIA CorpNVDAROM +9.28 points
Microsoft CorpMSFTROM +7.22 points
Broadcom IncAVGOROM +2.84 points
Advanced Micro DevicesAMDROM +2.72 points
Micron Technology IncMUROM +2.41 points
Palantir Technologies Inc-APLTRROM +1.50 points
Cisco Systems IncCSCOROM +1.47 points

All 80 ROM holdings⁠All URSP 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 URSP Cost

Overpaying URSP vs ROM

$330

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

  • ROM 0.93%

    $17,539

  • URSP 0.95%

    $17,869

$10,000
30 years

Cost over time

  • ROM 0.93%
  • URSP 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$20K051015202530URSP $17,869ROM $17,539

Year by year

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

ROM 29th cheapest of 95 funds

URSP 32nd cheapest of 95 funds

ROM vs URSP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ROM 0.03%
URSP 1.23%, better
Payout (12M)
ROM $0.04
URSP $0.62
Last payment
ROM $0.02
URSP $0.19
Ex-dividend
ROM Mar 25, 2026
URSP Sep 23, 2026
Paid on
ROM Mar 31, 2026
URSP Sep 29, 2026
Frequency
ROM Quarterly
URSP 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$0.202017202020232026YTD
URSPQuarterly · 5 paymentsAll URSP payments⁠
One bar per payment. 5 payments from 2017 to 2026 YTD. Sep 24, 2025 $0.02; Dec 24, 2025 $0.14; Mar 25, 2026 $0.12; Jun 24, 2026 $0.18; Sep 23, 2026 $0.19. Use the arrow keys to read each point.$0$0.202017202020232026YTD

ROM vs URSP 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%URSP 21.7%since Sep 2025
Return per unit of riskSharpe ratio, 3 years
ROM 0.97URSP 0.91since Sep 2025
Worst fallMax drawdown, 5 years
ROM −67.6%URSP −15.7%since Aug 2025
Market sensitivityBeta, 5 years
ROM 3.09URSP 1.08

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