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ProShares Ultra Russell2000 (UWM)

ETF · Currency in USD · Last updated Sep 30, 2022

UWM is a passive ETF by ProShares tracking the investment results of the Russell 2000 Index (200%). UWM launched on Jan 25, 2007 and has a 0.95% expense ratio.

ETF Info

ISINUS74347R8429
CUSIP74347R842
IssuerProShares
Inception DateJan 25, 2007
RegionNorth America (U.S.)
CategoryLeveraged Equities, Leveraged
Leveraged2x
Expense Ratio0.95%
Index TrackedRussell 2000 Index (200%)
ETF Home Pagewww.proshares.com
Asset ClassEquity

Asset Class Size

Micro-Cap

Asset Class Style

Blend

Trading Data

Previous Close$32.29
Year Range$28.92 - $66.27
EMA (50)$36.21
EMA (200)$42.23
Average Volume$422.95K

UWMShare Price Chart


Chart placeholderClick Calculate to get results

UWMPerformance

The chart shows the growth of $10,000 invested in ProShares Ultra Russell2000 in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $40,004 for a total return of roughly 300.04%. All prices are adjusted for splits and dividends.


-40.00%-30.00%-20.00%-10.00%0.00%MayJuneJulyAugustSeptember
-38.61%
-19.92%
UWM (ProShares Ultra Russell2000)
Benchmark (^GSPC)

UWMReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-21.49%-9.68%
6M-38.72%-20.90%
YTD-47.57%-23.62%
1Y-47.39%-16.36%
5Y-2.46%7.65%
10Y10.46%9.73%

UWMMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-19.00%1.69%1.53%-19.34%-1.07%-16.63%20.98%-4.82%-18.16%
20219.43%12.13%1.67%3.40%0.06%3.49%-7.65%4.11%-6.07%8.53%-8.85%3.83%
2020-6.53%-16.59%-45.20%25.66%11.58%5.53%5.29%11.04%-6.90%3.80%38.92%17.49%
201923.08%10.19%-4.56%6.44%-15.54%13.78%0.93%-10.35%3.65%4.99%8.05%5.50%
20184.86%-8.10%1.91%1.37%12.16%0.89%3.23%8.34%-4.93%-21.24%2.58%-23.40%
20170.21%3.69%-0.12%1.92%-4.16%6.51%1.41%-2.80%12.68%1.35%5.63%-1.13%
2016-17.07%-0.78%16.39%2.83%4.33%-0.62%11.88%3.36%1.84%-9.36%23.01%5.52%
2015-6.78%11.96%2.77%-4.81%4.32%1.41%-2.56%-12.64%-10.05%11.15%6.38%-10.22%
2014-5.71%9.55%-1.88%-7.81%1.22%10.76%-12.23%9.97%-11.89%13.15%0.09%5.44%
201312.79%1.83%9.37%-0.93%7.54%-1.67%14.92%-6.39%13.13%4.55%7.66%3.70%
201214.57%4.56%4.84%-3.63%-13.11%10.32%-3.71%6.86%6.01%-4.56%1.31%6.78%
2011-0.98%11.14%4.81%5.02%-3.96%-4.97%-7.35%-20.06%-22.09%30.00%-2.06%0.55%
2010-11.91%8.84%16.87%11.23%-15.86%-15.72%13.14%-15.14%25.75%8.24%6.60%16.42%

UWMSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current ProShares Ultra Russell2000 Sharpe ratio is -0.89. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00MayJuneJulyAugustSeptember
-0.89
-0.76
UWM (ProShares Ultra Russell2000)
Benchmark (^GSPC)

UWMDividend History

ProShares Ultra Russell2000 granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$0.00$0.00$0.03$0.21$0.11$0.04$0.11$0.05$0.02$0.00$0.00$0.00$0.00

Dividend yield

0.00%0.00%0.07%0.55%0.41%0.11%0.38%0.24%0.11%0.00%0.03%0.00%0.02%

UWMDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2022FebruaryMarchAprilMayJuneJulyAugustSeptember
-56.07%
-24.10%
UWM (ProShares Ultra Russell2000)
Benchmark (^GSPC)

UWMWorst Drawdowns

The table below shows the maximum drawdowns of the ProShares Ultra Russell2000. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the ProShares Ultra Russell2000 is 71.46%, recorded on Mar 23, 2020. It took 186 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-71.46%Sep 4, 2018390Mar 23, 2020186Dec 15, 2020576
-56.99%Nov 9, 2021221Sep 26, 2022
-52.74%May 2, 2011108Oct 3, 2011329Jan 25, 2013437
-46.58%Jun 24, 2015161Feb 11, 2016195Nov 17, 2016356
-38.06%Apr 26, 201050Jul 6, 2010107Dec 6, 2010157
-24.56%Mar 5, 2014155Oct 13, 201452Dec 26, 2014207
-19.71%Mar 16, 2021110Aug 19, 202153Nov 3, 2021163
-18.43%Jan 20, 201014Feb 8, 201016Mar 3, 201030
-17.72%Jan 24, 201812Feb 8, 201868May 17, 201880
-14.31%Jan 23, 201410Feb 5, 201415Feb 27, 201425

UWMVolatility Chart

Current ProShares Ultra Russell2000 volatility is 60.19%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


20.00%40.00%60.00%80.00%MayJuneJulyAugustSeptember
60.19%
20.76%
UWM (ProShares Ultra Russell2000)
Benchmark (^GSPC)