ITWO

ProShares Russell 2000 High Income ETF

$38.36
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The ProShares Russell 2000 High Income ETF (ITWO) seeks to provide investment results that track the performance of the Russell 2000 High Dividend Yield Index, which is designed to measure the performance of small-capitalization U.S. companies that have high dividend yields.

Overview

ETF tracking ProShares Russell 2000 High Income ETF

Category Small Cap
Issuer ProShares
Inception Date 2024-09-05
Market Cap $69.1M
Average Volume N/A
Dividend Yield 11.51%
52-Week Range $31.18 - $44.20
VWAP $38.32

Performance

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Investment Summary

📎 Investment Objective

The ProShares Russell 2000 High Income ETF (ITWO) seeks to provide investment results that track the performance of the Russell 2000 High Dividend Yield Index, which is designed to measure the performance of small-capitalization U.S. companies that have high dividend yields.

🎯 Investment Strategy

The ETF invests in a portfolio of small-cap U.S. stocks that are constituents of the Russell 2000 High Dividend Yield Index. The index selects companies based on their dividend yield, with a focus on high-yielding small-cap stocks.

✨ Key Features

  • Provides exposure to small-cap U.S. stocks with high dividend yields
  • Tracks the Russell 2000 High Dividend Yield Index, which is designed to measure the performance of high-yielding small-cap companies
  • Low expense ratio of 0.00%
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Concentration in small-cap stocks, which can be more volatile and less liquid than larger companies
  • Potential for lower growth compared to broader small-cap indexes due to the focus on high-yielding stocks
  • Dividend payments are not guaranteed and may be reduced or eliminated
  • Limited performance history makes it difficult to assess long-term risk and return characteristics

👤 Best For

This ETF may be suitable for investors seeking exposure to high-yielding small-cap U.S. stocks as part of a diversified portfolio. It may be particularly appealing to income-oriented investors who are comfortable with the higher volatility and risk profile of small-cap stocks.