ROM

ProShares Ultra Technology

$95.46

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The ProShares Ultra Technology ETF (ROM) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Dow Jones U.S. Technology Index.

Overview

ETF tracking ProShares Ultra Technology

Category Technology

Issuer ProShares

Inception Date 2008-11-12

Market Cap $904.5M

Average Volume N/A

Dividend Yield 0.25%

52-Week Range $39.98 - $106.96

VWAP $94.34

Performance

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Investment Summary

📎 Investment Objective

The ProShares Ultra Technology ETF (ROM) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Dow Jones U.S. Technology Index.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to achieve its investment objective. It does not invest directly in the securities that make up the underlying index.

✨ Key Features

Seeks to provide 2x the daily performance of the Dow Jones U.S. Technology Index
Utilizes leveraged investment strategies to amplify returns
Designed for short-term trading and not suitable for long-term buy-and-hold investors
Has a high expense ratio compared to non-leveraged technology ETFs

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for increased volatility and larger losses compared to the underlying index
Tracking error risk, as the fund may not perfectly match the 2x daily performance of the index
Liquidity risk, as the fund may have difficulty trading certain instruments

👤 Best For

This ETF is best suited for experienced, sophisticated investors with a high risk tolerance who are looking for short-term, leveraged exposure to the technology sector. It is not recommended for long-term, buy-and-hold investors or those with a low risk tolerance.