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UWM vs WX

ProShares Ultra Russell2000

UWMBNYSE Arca

Corgi All World 2x Daily ETF

WXCCboe

Overlap

Expense ratio

WX −0.75pt a year

UWM0.95%WX0.20%

Avg volume · 30D

UWM 987.5×the volume

UWM281KWX285

UWM vs WX Performance

Jul 31, 2026 – Oct 30, 2026

−9.2%UWM−3.2%WX

Jul 31, 2026 to Oct 30, 2026. UWM −9.2%. WX −3.2%. Use the arrow keys to read each point.−15%0%5%10%Jul 2026Sep 2026Oct 2026
Expense ratio
UWM 0.95%
WX 0.20%, better
Fund size
UWM $216M
WX $1M
1Y total return
UWM +20.6%
WX No data
Yield (12M)
UWM 0.86%
WX No data
Holdings
UWM 1968
WX 1
Avg volume (30D)
UWM 281K sh, better
WX 285 sh
NAV per share
UWM $56.94
WX $22.96
52W range

ETF.net Grade

UWM: Cost 51, Risk 63, Mission 72, Tradability 85, Holdings 56, Durability 77. WX: Cost 100, Risk 71, Mission not scored, Tradability 31, Holdings not scored, Durability 23.
Pillar letters and Scores for UWM, WX, with each pillar’s weight
PillarUWMWX
Cost30% weightC51A100Higher
Mission25% weightA72Not scored
Risk15% weightB63A71Higher
Tradability15% weightA85HigherD31
Holdings10% weightB56Not scored
Durability5% weightA77HigherF23

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. UWM and WX 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 ›

UWM ranks 9th and WX 37th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 9BMVVProShares Ultra MidCap400Score 63
  2. Rank 9BUWMProShares Ultra Russell2000Score 63
  3. Rank 11BRXLProShares Ultra Health CareScore 61
  4. Rank 37CWLDULeverage Shares 2x Long World SScore 40
  5. Rank 37CWXCorgi All World 2x Daily ETFScore 40
  6. Rank 37CXBIXCorgi U.S. Biotech 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

UWMBProShares Ultra Russell2000

WXCCorgi All World 2x Daily ETF

In short

UWM A double dose of small caps: UWM aims for twice the Russell 2000's daily move, and it is one of the 2007 originals in the ProShares Ultra lineup. Fee is 0.95% net of a waiver through September 30, 2027.

WX No data

Stated mandate

UWM UWM seeks daily, pre-fee investment results equal to twice the daily performance of the Russell 2000 Index.

WX No data

Why people hold it

  • UWM Twice the daily move of the Russell 2000, an index of about 2,000 small caps rather than a handful of mega-caps. It is a 1940 Act fund, so shareholders get a 1099, not a K-1.proshares.com
  • Trading since January 2007, it has reset its leverage every session through the financial crisis, the 2020 crash and 2022. Few leveraged funds have that much road behind them.proshares.com
  • 0.95% net of a waiver through September 30, 2027 (1.08% gross) sits near the middle of its category on fee; stablemate QLD charges 0.89% net of a waiver through September 30, 2027.
  • Among the stronger implementations in a field of nearly 100 leveraged bull funds, on both how closely it hits its daily target and how smoothly it trades.

WX No data

Worth knowing

  • UWM The 2x is a one-day target. Leverage resets daily, so across choppy weeks the result can land well short of twice the index move, up or down.proshares.com
  • Small caps are jumpy before leverage. ProShares states these funds are for investors who manage positions daily, not set-and-forget holders.proshares.comproshares.com 2
  • If the waiver lapses after September 30, 2027, the fee reverts toward the 1.08% gross figure, and leverage financing costs sit on top of that.

WX No data

Full UWM profile⁠

Full WX profile⁠

UWM vs WX 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.

UWM vs WX Cost

Overpaying UWM vs WX

$13,714

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

  • UWM 0.95%

    $17,869

  • WX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • UWM 0.95%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UWM $17,869WX $4,155

Year by year

YearUWMWXOverpaying
10$1,678$365$1,313
20$6,322$1,421$4,901
30$17,869$4,155$13,714

Expense ratio

  • 0.95%UWM
  • 0.20%WX, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

WX cheapest of 95 funds

UWM 32nd cheapest of 95 funds

UWM vs WX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
UWM 0.86%
WX No data
Payout (12M)
UWM $0.49
WX None
Last payment
UWM $0.16
WX No data
Ex-dividend
UWM Sep 23, 2026
WX No data
Paid on
UWM Sep 29, 2026
WX No data
Frequency
UWM Quarterly
WX No data

Distribution history

Per share, 2017 to 2026, same scale for both

UWMQuarterly · 25 paymentsAll UWM payments⁠
One bar per payment. 25 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.0017; Dec 26, 2017 $0.04; Mar 21, 2018 $0.005; Sep 26, 2018 $0.02; Dec 26, 2018 $0.09; Mar 20, 2019 $0.02; Jun 25, 2019 $0.06; Sep 25, 2019 $0.05; Dec 24, 2019 $0.08; Mar 25, 2020 $0.02; Dec 23, 2020 $0.0033; Dec 22, 2022 $0.13; Sep 20, 2023 $0.02; Dec 20, 2023 $0.11; Mar 20, 2024 $0.06; Jun 26, 2024 $0.11; Sep 25, 2024 $0.13; Dec 23, 2024 $0.18; Mar 26, 2025 $0.08; Jun 25, 2025 $0.02; Sep 24, 2025 $0.20; Dec 24, 2025 $0.20; Mar 25, 2026 $0.07; Jun 24, 2026 $0.06; Sep 23, 2026 $0.16. Use the arrow keys to read each point.$0$0.202017202020232026YTD
WXAll WX payments⁠

No distribution history available.

UWM vs WX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
UWM 38.6%WX No data
Return per unit of riskSharpe ratio, 3 years
UWM 0.78WX No data
Worst fallMax drawdown, 5 years
UWM −61.6%WX No data
Market sensitivityBeta, 5 years
UWM 2.54WX 2.76

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