Key stats
About ProShares UltraShort Russell2000
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Inception date
Jan 23, 2007
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
TWM provides a 1-day, 2x inverse bet against the Russell 2000, a market-cap-weighted index of 2,000 US companies primarily in the small-cap segment, but may include midcaps and micro-caps as well. The underlying index specifically contains the 1001st through the 3000th securities pulled from the Russell 3000 index, which covers approximately 10% of its total market capitalization. The fund may invest in securities across various sectors and industry groups without any bias. As a geared product with daily resets, TWM is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Government
Bonds, Cash & Other100.00%
Cash54.49%
Government45.51%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TWM last dividends amounted to 0.42 USD. The quarter before, the issuer paid 0.79 USD in dividends, which shows a 88.99% decrease.
TWM assets under management is 45.68 M USD. It's fallen 5.86% over the last month.
TWM fund flows account for −19.14 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TWM pays dividends to its holders with the dividend yield of 5.67%. The last dividend (Apr 1, 2025) amounted to 0.42 USD. The dividends are paid quarterly.
TWM shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jan 23, 2007, and its management style is Passive.
TWM expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
TWM follows the Russell 2000. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TWM invests in cash.
TWM price has fallen by −11.43% over the last month, and its yearly performance shows a −14.17% decrease. See more dynamics on TWM price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −10.01% over the last month, showed a 2.99% increase in three-month performance and has decreased by −10.59% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −10.01% over the last month, showed a 2.99% increase in three-month performance and has decreased by −10.59% in a year.
TWM trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.