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. 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.
Latest TWM News
No recent news for ProShares UltraShort Russell2000.
Performance
| 1 month | -1.82% | | 3 years | -39.60% |
| 3 months | -13.40% | | 5 years | -39.26% |
| 1 year | -47.55% | | Since inception | -31.88% |
Quote Details
| Previous close | $17.26 |
| Open day’s range | 17.20 – 17.72 |
| Net asset value (NAV) | 17.25 (06/18/2013) |
| Daily volume | 3,845,307 |
| Average volume (3 months) | 2,605,965 |
Data as of 4:00pm ET, 06/19/2013
Peer Comparisonvs. Trading-inverse equity ETFs
| | TWM | Category |
|---|
| Performance 5-yr return | -39.26% | -29.70% |
| Expense Gross exp ratio | 1.03% | 0.95% |
| Risk 5 year sharpe ratio | -0.84 | -0.70 |
| Net assets | $350.1M | $136.9M |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.38% |
Competitors
| SH ProShares Short S&P500 |
| SDS ProShares UltraShort S&P500 |
| BXDB Barclays Short B Leveraged Inverse S&P 5... |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
+0.42 / +2.43%
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