UWM vs. RTYS.L

Last updated Apr 2, 2026

Compare and contrast key facts about ProShares Ultra Russell2000 (UWM) and Invesco Russell 2000 UCITS ETF (RTYS.L).

UWM and RTYS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UWM is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (200%). It was launched on Jan 25, 2007. RTYS.L is a passively managed fund by Invesco that tracks the performance of the Russell 2000 TR USD. It was launched on Mar 31, 2009. Both UWM and RTYS.L 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

UWM vs. RTYS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Russell2000 (UWM) and Invesco Russell 2000 UCITS ETF (RTYS.L). The values are adjusted to include any dividend payments, if applicable.

UWM vs. RTYS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UWM ProShares Ultra Russell2000	0.73%	13.59%	11.32%	22.62%	-43.69%	23.91%	16.57%	48.62%	-25.89%	26.92%
RTYS.L Invesco Russell 2000 UCITS ETF	1.72%	12.51%	10.09%	18.90%	-21.01%	13.97%	19.89%	24.61%	-12.53%	14.83%

Returns By Period

In the year-to-date period, UWM achieves a 0.73% return, which is significantly lower than RTYS.L's 1.72% return. Both investments have delivered pretty close results over the past 10 years, with UWM having a 10.03% annualized return and RTYS.L not far behind at 9.63%.

UWM

• 1D: 1.33%
• 1M: -10.99%
• YTD: 0.73%
• 6M: 2.10%
• 1Y: 43.12%
• 3Y*: 15.19%
• 5Y*: -3.18%
• 10Y*: 10.03%

RTYS.L

• 1D: 3.23%
• 1M: -3.45%
• YTD: 1.72%
• 6M: 4.59%
• 1Y: 26.81%
• 3Y*: 13.28%
• 5Y*: 3.51%
• 10Y*: 9.63%

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

UWM vs. RTYS.L - Expense Ratio Comparison

UWM has a 0.95% expense ratio, which is higher than RTYS.L's 0.45% expense ratio.

UWM

ProShares Ultra Russell2000

RTYS.L

Invesco Russell 2000 UCITS ETF

Return for Risk

UWM vs. RTYS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UWM

UWM Risk / Return Rank: 53
UWM Sharpe Ratio Rank: 49
UWM Sortino Ratio Rank: 55
UWM Omega Ratio Rank: 48
UWM Calmar Ratio Rank: 60
UWM Martin Ratio Rank: 53

RTYS.L

RTYS.L Risk / Return Rank: 70
RTYS.L Sharpe Ratio Rank: 68
RTYS.L Sortino Ratio Rank: 69
RTYS.L Omega Ratio Rank: 59
RTYS.L Calmar Ratio Rank: 81
RTYS.L Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UWM vs. RTYS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Russell2000 (UWM) and Invesco Russell 2000 UCITS ETF (RTYS.L). 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.

	UWM	RTYS.L	Difference
Sharpe ratio Return per unit of total volatility	0.94	1.27	-0.33
Sortino ratio Return per unit of downside risk	1.51	1.82	-0.32
Omega ratio Gain probability vs. loss probability	1.19	1.23	-0.04
Calmar ratio Return relative to maximum drawdown	1.62	2.48	-0.86
Martin ratio Return relative to average drawdown	5.48	7.98	-2.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UWM vs. RTYS.L - Sharpe Ratio Comparison

The current UWM Sharpe Ratio is 0.94, which is comparable to the RTYS.L Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of UWM and RTYS.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UWM	RTYS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	1.27	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	0.16	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.44	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.50	-0.39

Correlation

The correlation between UWM and RTYS.L is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

UWM vs. RTYS.L - Dividend Comparison

UWM's dividend yield for the trailing twelve months is around 1.02%, while RTYS.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UWM ProShares Ultra Russell2000	1.02%	1.05%	1.16%	0.34%	0.40%	0.00%	0.07%	0.55%	0.41%	0.11%	0.27%	0.23%
RTYS.L Invesco Russell 2000 UCITS 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%

Drawdowns

UWM vs. RTYS.L - Drawdown Comparison

The maximum UWM drawdown since its inception was -88.21%, which is greater than RTYS.L's maximum drawdown of -42.15%. Use the drawdown chart below to compare losses from any high point for UWM and RTYS.L.

Drawdown Indicators

	UWM	RTYS.L	Difference
Max Drawdown Largest peak-to-trough decline	-88.21%	-42.15%	-46.06%
Max Drawdown (1Y) Largest decline over 1 year	-26.48%	-13.91%	-12.57%
Max Drawdown (5Y) Largest decline over 5 years	-61.62%	-31.97%	-29.65%
Max Drawdown (10Y) Largest decline over 10 years	-71.46%	-42.15%	-29.31%
Current Drawdown Current decline from peak	-26.33%	-7.05%	-19.28%
Average Drawdown Average peak-to-trough decline	-31.07%	-9.24%	-21.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.83%	3.29%	+4.54%

Volatility

UWM vs. RTYS.L - Volatility Comparison

ProShares Ultra Russell2000 (UWM) has a higher volatility of 14.60% compared to Invesco Russell 2000 UCITS ETF (RTYS.L) at 7.31%. This indicates that UWM's price experiences larger fluctuations and is considered to be riskier than RTYS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UWM	RTYS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.60%	7.31%	+7.29%
Volatility (6M) Calculated over the trailing 6-month period	28.75%	13.59%	+15.16%
Volatility (1Y) Calculated over the trailing 1-year period	46.23%	21.02%	+25.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.04%	22.29%	+22.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.99%	22.06%	+23.93%