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ROM vs USLV

ProShares Ultra Technology

ROMANYSE Arca

Direxion Daily Silver Bull 2X ETF

USLVDNYSE Arca

Overlap

0.0%by weight

Expense ratio

ROM −0.17pt a year

ROM0.93%USLV1.10%

Avg volume · 30D

USLV 3.2×the volume

ROM47.7KUSLV153K

ROM vs USLV Performance

Jul 31, 2026 – Nov 2, 2026

−3.8%ROM−29.6%USLV

Jul 31, 2026 to Nov 2, 2026. ROM −3.8%. USLV −29.6%. Use the arrow keys to read each point.−20%20%40%Jul 2026Sep 2026Nov 2026
Expense ratio
ROM 0.93%, better
USLV 1.10%
Fund size
ROM $1.15B
USLV $13M
1Y total return
ROM +19.3%
USLV No data
Yield (12M)
ROM 0.03%
USLV No data
Holdings
ROM 85
USLV 7
Avg volume (30D)
ROM 47.7K sh
USLV 153K sh, better
NAV per share
ROM $132.18
USLV $8.85
52W range

ETF.net Grade

ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81. USLV: Cost 17, Risk 16, Mission not scored, Tradability 46, Holdings not scored, Durability 44.
Pillar letters and Scores for ROM, USLV, with each pillar’s weight
PillarROMUSLV
Cost30% weightA70HigherF17
Mission25% weightNot scoredNot scored
Risk15% weightB56HigherF16
Tradability15% weightA88HigherC46
Holdings10% weightNot scoredNot scored
Durability5% weightA81HigherC44

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 USLV 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 USLV 89th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 78
  2. Rank 2AUYGProShares Ultra FinancialsScore 73
  3. Rank 3AROMProShares Ultra TechnologyScore 71
  4. Rank 4BDDMProShares Ultra Dow30Score 69
  5. Rank 89DUBOTDirexion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETFScore 25
  6. Rank 89DUSLVDirexion Daily Silver Bull 2X ETFScore 25
  7. Rank 91FUVIX2x Long VIX Futures ETFScore 23

Our read on each fund

ETF.net Research

ROMAProShares Ultra Technology

USLVDDirexion Daily Silver 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.

USLV Silver leverage without the futures plumbing: USLV targets 200% of silver's daily move by referencing SLV, the physically backed silver trust, in a 1940 Act fund that trades like any stock and skips the 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.

USLV The fund seeks daily investment results equal to 200% of Silver's price performance 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
  • USLV Direxion calls it an industry first: 2X daily leverage aimed at spot silver, referencing the physically backed iShares Silver Trust instead of a futures roll schedule.direxion.com
  • A registered 1940 Act fund, so it trades in an ordinary brokerage account and, per Direxion's materials, avoids K-1 paperwork.direxion.com
  • The mandate is plain: 200% of silver's price performance, measured day by day, before fees and expenses.

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.
  • USLV The 2X target is a one-day target. Held through a choppy silver tape, compounding can leave results far from twice the period's move.sec.gov
  • 1.10% net of a waiver through September 1, 2027 (1.12% gross), above the category median; index-based peers like QLD (0.89% net of a waiver through September 30, 2027) cost less.
  • Launched May 2026, so the track record is short, and with a small asset base it is moderately traded rather than a volume giant.

Full ROM profile⁠

Full USLV profile⁠

ROM vs USLV Holdings

How ROM and USLV differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of ROM and 0.0% of USLV.

Level by level

  • Asset classEquity, Commodities0.0%
  • Holdings0 in both0.0%

Sector

No Sector split for USLV.

Country, concentration and asset class

Country by domicile

No country split for USLV.

Concentration

Weight in the 10 largest Holdings

  • ROM70.0%
  • USLV100.0%

Securities held

  • ROM84
  • USLV1

Asset class

ROM
Equity
USLV
Commodities

Holdings

  • Only in ROM84
  • In both0
  • Only in USLV1

Only in ROM

84 securities, 70.9% of ROM by weight

  • Apple Inc9.53%
  • NVIDIA Corp9.38%
  • Microsoft Corp7.34%

Only in USLV

1 security, 36.8% of USLV by weight

  • Goldman Finl Sq Trsry Inst 50636.84%

Weight gaps

ROM and USLV share no securities.

All 80 ROM holdings⁠All USLV 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 USLV Cost

Overpaying USLV vs ROM

$2,752

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

  • ROM 0.93%

    $17,539

  • USLV 1.10%

    $20,291

$10,000
30 years

Cost over time

  • ROM 0.93%
  • USLV 1.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530USLV $20,291ROM $17,539

Year by year

YearROMUSLVOverpaying
10$1,644$1,931$287
20$6,199$7,225$1,026
30$17,539$20,291$2,752

Expense ratio

  • 0.93%ROM, cheaper
  • 1.10%USLV
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

ROM 29th cheapest of 95 funds

USLV 83rd cheapest of 95 funds

ROM vs USLV Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
ROM 0.03%
USLV No data
Payout (12M)
ROM $0.04
USLV No data
Last payment
ROM $0.02
USLV $0.07
Ex-dividend
ROM Mar 25, 2026
USLV Sep 22, 2026
Paid on
ROM Mar 31, 2026
USLV Sep 29, 2026
Frequency
ROM Quarterly
USLV 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
USLVQuarterly · 2 paymentsAll USLV payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Jun 23, 2026 $0.04; Sep 22, 2026 $0.07. Use the arrow keys to read each point.$0$0.102017202020232026YTD

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

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