UWM vs. URTY
Compare and contrast key facts about ProShares Ultra Russell2000 (UWM) and ProShares UltraPro Russell2000 (URTY).
UWM and URTY 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. URTY is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (300%). It was launched on Feb 9, 2010. Both UWM and URTY 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. URTY - Performance Comparison
Loading graphics...
UWM vs. URTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UWM ProShares Ultra Russell2000 | -0.59% | 13.59% | 11.32% | 22.62% | -43.69% | 23.91% | 16.57% | 48.62% | -25.89% | 26.92% |
URTY ProShares UltraPro Russell2000 | -2.90% | 9.26% | 7.38% | 24.43% | -62.81% | 28.47% | -7.72% | 72.37% | -39.59% | 38.85% |
Returns By Period
In the year-to-date period, UWM achieves a -0.59% return, which is significantly higher than URTY's -2.90% return. Over the past 10 years, UWM has outperformed URTY with an annualized return of 9.88%, while URTY has yielded a comparatively lower 4.55% annualized return.
UWM
- 1D
- 7.02%
- 1M
- -10.65%
- YTD
- -0.59%
- 6M
- 1.22%
- 1Y
- 40.99%
- 3Y*
- 14.68%
- 5Y*
- -3.44%
- 10Y*
- 9.88%
URTY
- 1D
- 10.50%
- 1M
- -16.23%
- YTD
- -2.90%
- 6M
- -2.24%
- 1Y
- 51.62%
- 3Y*
- 11.95%
- 5Y*
- -13.62%
- 10Y*
- 4.55%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UWM vs. URTY - Expense Ratio Comparison
Both UWM and URTY have an expense ratio of 0.95%.
Return for Risk
UWM vs. URTY — Risk / Return Rank
UWM
URTY
UWM vs. URTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Russell2000 (UWM) and ProShares UltraPro Russell2000 (URTY). 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 | URTY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.89 | 0.74 | +0.15 |
Sortino ratioReturn per unit of downside risk | 1.46 | 1.41 | +0.05 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.18 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.50 | 1.31 | +0.20 |
Martin ratioReturn relative to average drawdown | 5.12 | 4.15 | +0.97 |
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
| UWM | URTY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.74 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | -0.20 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.07 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.16 | -0.05 |
Correlation
The correlation between UWM and URTY is 1.00, 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
UWM vs. URTY - Dividend Comparison
UWM's dividend yield for the trailing twelve months is around 1.04%, more than URTY's 0.97% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UWM ProShares Ultra Russell2000 | 1.04% | 1.05% | 1.16% | 0.34% | 0.40% | 0.00% | 0.07% | 0.55% | 0.41% | 0.11% | 0.27% | 0.23% |
URTY ProShares UltraPro Russell2000 | 0.97% | 1.02% | 1.16% | 0.55% | 0.28% | 0.00% | 0.00% | 0.18% | 0.28% | 0.00% | 0.03% | 0.00% |
Drawdowns
UWM vs. URTY - Drawdown Comparison
The maximum UWM drawdown since its inception was -88.21%, roughly equal to the maximum URTY drawdown of -88.09%. Use the drawdown chart below to compare losses from any high point for UWM and URTY.
Loading graphics...
Drawdown Indicators
| UWM | URTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.21% | -88.09% | -0.12% |
Max Drawdown (1Y)Largest decline over 1 year | -26.48% | -37.70% | +11.22% |
Max Drawdown (5Y)Largest decline over 5 years | -61.62% | -82.76% | +21.14% |
Max Drawdown (10Y)Largest decline over 10 years | -71.46% | -88.09% | +16.63% |
Current DrawdownCurrent decline from peak | -27.29% | -60.03% | +32.74% |
Average DrawdownAverage peak-to-trough decline | -31.07% | -34.67% | +3.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.76% | 11.86% | -4.10% |
Volatility
UWM vs. URTY - Volatility Comparison
The current volatility for ProShares Ultra Russell2000 (UWM) is 14.81%, while ProShares UltraPro Russell2000 (URTY) has a volatility of 22.37%. This indicates that UWM experiences smaller price fluctuations and is considered to be less risky than URTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UWM | URTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.81% | 22.37% | -7.56% |
Volatility (6M)Calculated over the trailing 6-month period | 28.72% | 43.33% | -14.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.23% | 69.68% | -23.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.05% | 67.50% | -22.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.00% | 69.20% | -23.20% |