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ROM vs UVXY

ProShares Ultra Technology

ROMANYSE Arca

ProShares Ultra VIX Short-Term Futures ETF

UVXYCCboe

Overlap

Expense ratio

ROM −0.02pt a year

ROM0.93%UVXY0.95%

Avg volume · 30D

UVXY 176.9×the volume

ROM47.7KUVXY8.43M

10Y return · a year

ROM +107.3pt

ROM+36.6%UVXY−70.7%

ROM vs UVXY Performance

Oct 29, 2021 – Oct 30, 2026

+126.1%ROM−99.5%UVXY

Oct 29, 2021 to Oct 30, 2026. ROM +126.1%. UVXY −99.5%. Use the arrow keys to read each point.−50%0%50%200%Oct 2021Apr 2024Oct 2026
Expense ratio
ROM 0.93%, better
UVXY 0.95%
Fund size
ROM $1.15B
UVXY $225M
1Y total return
ROM +26.5%, better
UVXY −63.6%
Yield (12M)
ROM 0.03%
UVXY No data
Holdings
ROM 85
UVXY 1
Avg volume (30D)
ROM 47.7K sh
UVXY 8.43M sh, better
NAV per share
ROM $132.18
UVXY $19.43
52W range

ETF.net Grade

ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81. UVXY: Cost 51, Risk 9, Mission not scored, Tradability 78, Holdings not scored, Durability 83.
Pillar letters and Scores for ROM, UVXY, with each pillar’s weight
PillarROMUVXY
Cost30% weightA70HigherC51
Mission25% weightNot scoredNot scored
Risk15% weightB56HigherF9
Tradability15% weightA88HigherA78
Holdings10% weightNot scoredNot scored
Durability5% weightA81A83Higher

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 UVXY 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 UVXY 28th 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 28CAGQProShares Ultra SilverScore 49
  6. Rank 28CUVXYProShares Ultra VIX Short-Term Futures ETFScore 49
  7. Rank 30CMQQQTradr 2X Long Innovation 100 Monthly ETFScore 48

Our read on each fund

ETF.net Research

ROMAProShares Ultra Technology

UVXYCProShares Ultra VIX Short-Term 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.

UVXY A volatility trading instrument, not a portfolio holding. UVXY targets 1.5 times the daily move of an index of short-term VIX futures, costs less than the typical leveraged fund, trades heavily, and resets every single day.

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.

UVXY The fund seeks daily results equal to 1.5 times the daily performance of the S&P 500 VIX Short-Term Futures Index, 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
  • UVXY Expense ratio of 0.95%, below the 1.04% median for leveraged funds. Costs matter when holding periods are measured in hours.
  • Very actively traded, so entering and exiting during a volatility spike is rarely the hard part.
  • The mandate is mechanical and public: 1.5x the daily move of the S&P 500 VIX Short-Term Futures Index. No manager discretion in the mix.proshares.com
  • Live since 2011, through several volatility regimes, and it rates among the stronger builds in its leveraged peer group.

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.
  • UVXY The 1.5x target applies to one day. Over longer stretches, compounding can push results well away from 1.5x the index move, in either direction.
  • Sits at the extreme end of the risk spectrum even next to other leveraged funds, and it isn't an income product.
  • Structured as a commodity pool rather than a standard 1940 Act fund, so tax treatment and year-end paperwork differ from a plain stock ETF.proshares.com

Full ROM profile⁠

Full UVXY profile⁠

ROM vs UVXY 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 UVXY Cost

Overpaying UVXY vs ROM

$330

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

  • ROM 0.93%

    $17,539

  • UVXY 0.95%

    $17,869

$10,000
30 years

Cost over time

  • ROM 0.93%
  • UVXY 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$20K051015202530UVXY $17,869ROM $17,539

Year by year

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

ROM 29th cheapest of 95 funds

UVXY 32nd cheapest of 95 funds

ROM vs UVXY Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ROM 0.03%
UVXY No data
Payout (12M)
ROM $0.04
UVXY None
Last payment
ROM $0.02
UVXY No data
Ex-dividend
ROM Mar 25, 2026
UVXY No data
Paid on
ROM Mar 31, 2026
UVXY No data
Frequency
ROM Quarterly
UVXY 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
UVXYAll UVXY payments⁠

No distribution history available.

ROM vs UVXY Risk

Fall from peak · 5 years

  • ROM
  • UVXY
Oct 29, 2021 to Oct 30, 2026. Worst fall: UVXY −99.7% · Oct 2026. Use the arrow keys to read each point.−100%−75%−50%−25%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
ROM 49.3%, betterUVXY 60.4%
Return per unit of riskSharpe ratio, 3 years
ROM 0.97, betterUVXY −1.36
Worst fallMax drawdown, 5 years
ROM −67.6%, betterUVXY −99.7%
Market sensitivityBeta, 5 years
ROM 3.09UVXY −3.28

ROM and UVXY in the news

All news⁠

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