UPRO vs. ROM
Compare and contrast key facts about ProShares UltraPro S&P 500 (UPRO) and ProShares Ultra Technology (ROM).
UPRO and ROM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UPRO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (300%). It was launched on Jun 23, 2009. ROM is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Technology Index (200%). It was launched on Jan 30, 2007. Both UPRO and ROM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
UPRO vs. ROM - Performance Comparison
Loading graphics...
UPRO vs. ROM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UPRO ProShares UltraPro S&P 500 | -14.14% | 31.88% | 63.57% | 68.53% | -56.84% | 98.64% | 10.09% | 102.30% | -25.11% | 71.37% |
ROM ProShares Ultra Technology | -14.27% | 35.63% | 31.65% | 130.70% | -63.86% | 77.75% | 80.42% | 102.10% | -9.89% | 81.11% |
Returns By Period
The year-to-date returns for both stocks are quite close, with UPRO having a -14.14% return and ROM slightly lower at -14.27%. Over the past 10 years, UPRO has underperformed ROM with an annualized return of 25.53%, while ROM has yielded a comparatively higher 32.13% annualized return.
UPRO
- 1D
- 2.26%
- 1M
- -13.81%
- YTD
- -14.14%
- 6M
- -11.56%
- 1Y
- 34.19%
- 3Y*
- 38.31%
- 5Y*
- 17.16%
- 10Y*
- 25.53%
ROM
- 1D
- 3.09%
- 1M
- -7.14%
- YTD
- -14.27%
- 6M
- -14.31%
- 1Y
- 49.77%
- 3Y*
- 32.71%
- 5Y*
- 15.67%
- 10Y*
- 32.13%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UPRO vs. ROM - Expense Ratio Comparison
UPRO has a 0.92% expense ratio, which is lower than ROM's 0.95% expense ratio.
Return for Risk
UPRO vs. ROM — Risk / Return Rank
UPRO
ROM
UPRO vs. ROM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro S&P 500 (UPRO) and ProShares Ultra Technology (ROM). 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.
| UPRO | ROM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 0.93 | -0.30 |
Sortino ratioReturn per unit of downside risk | 1.21 | 1.54 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.21 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 1.60 | -0.54 |
Martin ratioReturn relative to average drawdown | 4.22 | 4.74 | -0.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UPRO | ROM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 0.93 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.31 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.65 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.44 | +0.15 |
Correlation
The correlation between UPRO and ROM is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
UPRO vs. ROM - Dividend Comparison
UPRO's dividend yield for the trailing twelve months is around 1.02%, more than ROM's 0.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UPRO ProShares UltraPro S&P 500 | 1.02% | 0.84% | 0.93% | 0.74% | 0.52% | 0.06% | 0.11% | 0.41% | 0.63% | 0.00% | 0.12% | 0.34% |
ROM ProShares Ultra Technology | 0.28% | 0.24% | 0.21% | 0.01% | 0.00% | 0.00% | 0.05% | 0.16% | 0.30% | 0.08% | 0.20% | 0.12% |
Drawdowns
UPRO vs. ROM - Drawdown Comparison
The maximum UPRO drawdown since its inception was -76.82%, smaller than the maximum ROM drawdown of -83.36%. Use the drawdown chart below to compare losses from any high point for UPRO and ROM.
Loading graphics...
Drawdown Indicators
| UPRO | ROM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.82% | -83.36% | +6.54% |
Max Drawdown (1Y)Largest decline over 1 year | -33.38% | -32.33% | -1.05% |
Max Drawdown (5Y)Largest decline over 5 years | -63.94% | -67.55% | +3.61% |
Max Drawdown (10Y)Largest decline over 10 years | -76.82% | -67.55% | -9.27% |
Current DrawdownCurrent decline from peak | -18.68% | -24.41% | +5.73% |
Average DrawdownAverage peak-to-trough decline | -14.53% | -21.02% | +6.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.41% | 10.91% | -2.50% |
Volatility
UPRO vs. ROM - Volatility Comparison
ProShares UltraPro S&P 500 (UPRO) and ProShares Ultra Technology (ROM) have volatilities of 16.04% and 16.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UPRO | ROM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.04% | 16.18% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 28.48% | 33.07% | -4.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.36% | 53.85% | +0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.34% | 51.29% | -0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.69% | 49.50% | +4.19% |