Key stats
About ProShares Ultra Russell2000
Home page
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.
As a levered product with daily resets, UWM is not a buy-and-hold ETF, it's a short-term tactical instrument designed to provide 2x exposure to 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. Over longer periods, returns can vary significantly from its guaranteed 2x exposure 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
Finance
Cash
Stocks77.71%
Finance19.17%
Health Technology9.82%
Technology Services7.36%
Electronic Technology6.86%
Producer Manufacturing5.70%
Industrial Services3.20%
Consumer Services2.97%
Commercial Services2.74%
Retail Trade2.59%
Utilities2.37%
Process Industries2.14%
Consumer Durables2.07%
Health Services2.05%
Non-Energy Minerals1.93%
Energy Minerals1.78%
Consumer Non-Durables1.65%
Transportation1.39%
Distribution Services1.01%
Communications0.76%
Miscellaneous0.14%
Bonds, Cash & Other22.29%
Cash19.01%
Government3.15%
Miscellaneous0.07%
Corporate0.07%
Stock breakdown by region
North America98.53%
Europe1.09%
Latin America0.17%
Asia0.12%
Middle East0.09%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UWM invests in stocks. The fund's major sectors are Finance, with 19.17% stocks, and Health Technology, with 9.82% of the basket. The assets are mostly located in the North America region.
UWM last dividends amounted to 0.08 USD. The quarter before, the issuer paid 0.18 USD in dividends, which shows a 123.28% decrease.
UWM assets under management is 317.64 M USD. It's fallen 1.83% over the last month.
UWM fund flows account for 184.40 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, UWM pays dividends to its holders with the dividend yield of 1.42%. The last dividend (Apr 1, 2025) amounted to 0.08 USD. The dividends are paid quarterly.
UWM 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.
UWM expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
UWM follows the Russell 2000. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UWM invests in stocks.
UWM price has risen by 0.71% over the last month, and its yearly performance shows a −2.30% decrease. See more dynamics on UWM price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.58% over the last month, showed a 0.73% increase in three-month performance and has decreased by −1.02% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.58% over the last month, showed a 0.73% increase in three-month performance and has decreased by −1.02% in a year.
UWM trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.