ROM vs. DUOG

Last updated Aug 6, 2026

ROM (ProShares Ultra Technology) and DUOG (Leverage Shares 2X Long DUOL Daily ETF) are both Leveraged Equities funds. ROM is passively managed, while DUOG is actively managed. Their 0.04 correlation means their historical movements had little consistent relationship. ROM charges 0.95%/yr vs 0.75%/yr for DUOG.

Performance

ROM vs. DUOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Technology (ROM) and Leverage Shares 2X Long DUOL Daily ETF (DUOG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROM achieves a 54.22% return, which is significantly higher than DUOG's -55.92% return.

ROM

• 1D: -1.10%
• 1M: 1.14%
• 6M: 68.85%
• YTD: 54.22%
• 1Y: 82.51%
• 3Y*: 50.06%
• 5Y*: 22.37%
• 10Y*: 38.51%
• ALL TIME*: 24.35%

DUOG

• 1D: -2.61%
• 1M: 5.22%
• 6M: 5.42%
• YTD: -55.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DUOG Leverage Shares 2X Long DUOL Daily ETF	$402.79K	$350.33K	$687.09K
ROM ProShares Ultra Technology	$9.10M	$7.79M	$10.49M

ROM vs. DUOG - Yearly Performance Comparison

	2026 (YTD)	2025
ROM ProShares Ultra Technology	54.22%	-6.56%
DUOG Leverage Shares 2X Long DUOL Daily ETF	-55.92%	-25.09%

Correlation

The correlation between ROM and DUOG is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	0.04

Return for Risk

ROM vs. DUOG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ROM

ROM Risk / Return Rank: 55
ROM Sharpe Ratio Rank: 58
ROM Sortino Ratio Rank: 52
ROM Omega Ratio Rank: 50
ROM Calmar Ratio Rank: 64
ROM Martin Ratio Rank: 49

DUOG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ROM vs. DUOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Technology (ROM) and Leverage Shares 2X Long DUOL Daily ETF (DUOG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ROM	DUOG	Difference
Sharpe ratio: Return per unit of total volatility	1.60	—	—
Sortino ratio: Return per unit of downside risk	2.09	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.57	—	—
Martin ratio: Return relative to average drawdown	6.41	—	—

Drawdowns

ROM vs. DUOG - Drawdown Comparison

The maximum ROM drawdown since its inception was -83.36%, roughly equal to the maximum DUOG drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for ROM and DUOG.

Drawdown Indicators

	ROM	DUOG	Difference
Max Drawdown Largest peak-to-trough decline	-83.36%	-83.13%	-0.23%
Max Drawdown (1Y) Largest decline over 1 year	-32.33%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-48.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-67.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-67.55%	—	—
Current Drawdown Current decline from peak	-14.97%	-66.98%	+52.01%
Average Drawdown Average peak-to-trough decline	-20.84%	-65.01%	+44.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.92%	—	—

Volatility

Volatility by Period

	ROM	DUOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	44.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	51.92%	116.50%	-64.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.46%	116.50%	-63.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.67%	116.50%	-65.83%

ROM vs. DUOG - Expense Ratio Comparison

ROM has a 0.95% expense ratio, which is higher than DUOG's 0.75% expense ratio.

Dividends

ROM vs. DUOG - Dividend Comparison

ROM's dividend yield for the trailing twelve months is around 0.06%, while DUOG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DUOG Leverage Shares 2X Long DUOL Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROM ProShares Ultra Technology	0.06%	0.24%	0.21%	0.01%	0.00%	0.00%	0.05%	0.16%	0.30%	0.08%	0.20%	0.12%

Frequently Asked Questions

Can I hold both ROM and DUOG in my portfolio?

ROM and DUOG have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ROM or DUOG?

On fees, DUOG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROM or DUOG?

DUOG is cheaper with a 0.75% expense ratio, compared with 0.95% for ROM.

Which ETF pays a higher dividend yield, ROM or DUOG?

ROM has the higher dividend yield at 0.06%, compared with 0.00% for DUOG.

What is the main difference between ROM and DUOG?

They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for ROM and 0.75% for DUOG.