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ROM vs UVIX

ProShares Ultra Technology

ROMANYSE Arca

2x Long VIX Futures ETF

UVIXFCboe

Overlap

Expense ratio

ROM −1.26pt a year

ROM0.93%UVIX2.19%

Avg volume · 30D

UVIX 44.9×the volume

ROM47.7KUVIX2.14M

3Y return · a year

ROM +124.5pt

ROM+44.2%UVIX−80.3%

ROM vs UVIX Performance

Oct 31, 2025 – Nov 2, 2026

+19.3%ROM−78.5%UVIX

Oct 31, 2025 to Nov 2, 2026. ROM +19.3%. UVIX −78.5%. Use the arrow keys to read each point.−50%−25%0%50%Oct 2025May 2026Nov 2026
Expense ratio
ROM 0.93%, better
UVIX 2.19%
Fund size
ROM $1.15B
UVIX $215M
1Y total return
ROM +19.3%, better
UVIX −78.5%
Yield (12M)
ROM 0.03%
UVIX No data
Holdings
ROM 85
UVIX 3
Avg volume (30D)
ROM 47.7K sh
UVIX 2.14M sh, better
NAV per share
ROM $132.18
UVIX $42.39
52W range

ETF.net Grade

ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81. UVIX: Cost 1, Risk 6, Mission not scored, Tradability 72, Holdings not scored, Durability 69.
Pillar letters and Scores for ROM, UVIX, with each pillar’s weight
PillarROMUVIX
Cost30% weightA70HigherF1
Mission25% weightNot scoredNot scored
Risk15% weightB56HigherF6
Tradability15% weightA88HigherA72
Holdings10% weightNot scoredNot scored
Durability5% weightA81HigherB69

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 UVIX 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 UVIX 91st 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 89DUSLVDirexion Daily Silver Bull 2X ETFScore 25
  6. Rank 91FUVIX2x Long VIX Futures ETFScore 23
  7. Rank 92FURAADirexion Daily Uranium Industry Bull 2X ETFScore 22

Our read on each fund

ETF.net Research

ROMAProShares Ultra Technology

UVIXF2x Long VIX Futures 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.

UVIX Most leveraged ETFs juice a stock index. UVIX goes after fear itself: twice the daily move of a VIX futures index, wrapped in a commodity pool. A short-horizon trading tool, by design.

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.

UVIX The fund seeks daily results, before fees and expenses, equal to twice the performance of the Long VIX Futures 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
  • UVIX A rare pure play on volatility in a cohort dominated by leveraged equity funds: it targets 2x the daily move of the Long VIX Futures Index.
  • The mandate leaves nothing to interpretation: a stated 2x daily multiple against one named index, spelled out in the prospectus. No manager discretion.
  • For a tool you hold in hours or days, liquidity matters most. UVIX is actively traded, one of the stronger showings in its peer group for getting in and out.
  • Running since 2022, so it has a multi-year operating history in a corner of the market where launches often do not stick around.

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.
  • UVIX The fee is 2.19%, well above what most leveraged funds charge. That drag runs whether volatility spikes or naps.
  • The 2x target resets daily. Over any longer stretch, compounding means results can diverge widely from twice the index move over that same stretch.
  • It is a commodity pool tracking VIX futures, not the spot VIX and not a stock fund, and it has made no distributions in the past year.

Full ROM profile⁠

Full UVIX profile⁠

ROM vs UVIX 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 UVIX Cost

Overpaying UVIX vs ROM

$17,650

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

  • ROM 0.93%

    $17,539

  • UVIX 2.19%

    $35,189

$10,000
30 years

Cost over time

  • ROM 0.93%
  • UVIX 2.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530UVIX $35,189ROM $17,539

Year by year

YearROMUVIXOverpaying
10$1,644$3,675$2,031
20$6,199$13,108$6,909
30$17,539$35,189$17,650

Expense ratio

  • 0.93%ROM, cheaper
  • 2.19%UVIX
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

ROM 29th cheapest of 95 funds

UVIX 95th cheapest of 95 funds

ROM vs UVIX Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
ROM 0.03%
UVIX No data
Payout (12M)
ROM $0.04
UVIX None
Last payment
ROM $0.02
UVIX No data
Ex-dividend
ROM Mar 25, 2026
UVIX No data
Paid on
ROM Mar 31, 2026
UVIX No data
Frequency
ROM Quarterly
UVIX No data

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
UVIXAll UVIX payments⁠

No distribution history available.

ROM vs UVIX 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%, betterUVIX 73.7%
Return per unit of riskSharpe ratio, 3 years
ROM 0.97, betterUVIX −1.79
Worst fallMax drawdown, 5 years
ROM −67.6%UVIX −100.0%since Mar 2022
Market sensitivityBeta, 5 years
ROM 3.09UVIX −4.27

ROM and UVIX in the news

All news⁠

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