ProShares UltraShort Russell2000 (TWM)

16.54
Delayed Data
As of Apr 24
 +0.21 / +1.29%
Today’s Change
15.59
Today|||52-Week Range
23.30
-5.27%
Year-to-Date

Investment Objective

The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Russell 2000- Index. The fund invests in derivatives that ProShare Advisors believes- in combination- should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a measure of small-cap U.S. stock market performance. It is a float-adjusted- market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000- Index or approximately 8% of the total market capitalization of the Russell 3000- Index. The fund is non-diversified.

No recent news for ProShares UltraShort Russell2000.

Performance

1 month-7.36% 3 years-21.92%
3 months+3.44% 5 years-27.43%
1 year-26.92% Since inception-29.27%
Data through 04/24/2018

Quote Details

Previous close$16.33
Open day’s range16.08 – 16.79
Net asset value (NAV)16.36 (04/23/2018)
Daily volume1,574,240
Average volume (3 months)1,253,192
Data as of 6:30pm ET, 04/24/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 TWMCategory
Performance 5-yr return-27.43%-29.79%
Expense Gross exp ratio1.05%1.94%
Risk 5 year sharpe ratio-1.01--
Net assets$98.8M$2.7M
Average market cap--$13.2B
Average P/E--16.1
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
MLPS UBS ETRACS 1xMonthly Short Alerian MLP I...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 39.28%
-- 22.57%
-- 22.36%
-- 22.33%
-- 14.27%
-- 10.49%
-- 9.31%
-- 5.04%
-- 4.34%
-- 3.86%