ProShares Ultra Technology (ROM) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ROM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ROM
ROM charges 0.95% annually. There are 101 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | ROM vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | ROM vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | ROM vs SPUU | |
| Leverage Shares 2X Long ASML Daily ETF | 0.75% | 45.00M | Jan 2025 | ROM vs ASMG | |
| Leverage Shares 2X Long NBIS Daily ETF | 0.75% | 117.50M | Oct 2025 | ROM vs NBIG |
Best Risk-Adjusted Alternatives to ROM
ROM has a PortfoliosLab risk / return rank of 43. There are 60 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 6.16B | Oct 2024 | ROM vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | ROM vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | ROM vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | ROM vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | ROM vs INTW |
Top Performing ROM Alternatives (YTD)
ROM is at 38.72% YTD. There are 64 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 607.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 607.90% | 162.40M | Feb 2025 | ROM vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 443.78% | 6.16B | Oct 2024 | ROM vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 429.60% | 923.53M | Nov 2024 | ROM vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 316.69% | 101.49M | Nov 2025 | ROM vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 314.74% | 509.42M | Feb 2025 | ROM vs INTW |
Lowest Volatility Alternatives to ROM
ROM has 49.33% 1-year volatility. There are 115 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.79%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.79% | 22.82M | Apr 2021 | ROM vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.27% | 20.50M | Apr 2021 | ROM vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.45M | Jul 2021 | ROM vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.57% | 69.49M | Apr 2021 | ROM vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 10.68% | 20.95M | Jul 2021 | ROM vs QTJL |
Lowest Drawdown Alternatives to ROM
ROM has a 1-year max drawdown of -32.33%. There are 74 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | ROM vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | ROM vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | ROM vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | ROM vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | ROM vs XDSQ |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 35 | 28.60% | 37.04B | Feb 2010 | ROM vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 38 | 22.12% | 14.15B | Jun 2006 | ROM vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -28.01% | 1.45B | Oct 2021 | ROM vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 44 | 20.66% | 5.47B | Jun 2009 | ROM vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 47 | 15.32% | 8.13B | Jun 2006 | ROM vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 54 | 57.07% | 2.97B | Jan 2007 | ROM vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 35 | 10.55% | 11.63B | Oct 2013 | ROM vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 2 | -36.02% | 2.09B | Feb 2010 | ROM vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 43 | 11.15% | 410.75M | Mar 2024 | ROM vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -29.20% | 216.19M | Oct 2011 | ROM vs UVXY |
Often Compared With ROM
Investors most often compare ROM with TECL, USA, WEBL. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare ROM with Any Fund or Stock
Compare ROM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ROM with funds that move differently
ProShares Ultra Technology alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ROM.
Explore ROM Diversifiers