RWM

ProShares Short Russell2000

$17.16
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The RWM - ProShares Short Russell2000 ETF seeks to provide investment results that correspond to the inverse (-1x) of the daily performance of the Russell 2000 Index.

Overview

ETF tracking ProShares Short Russell2000

Category Inverse
Issuer ProShares
Inception Date 2008-11-12
Market Cap $166.7M
Average Volume N/A
Dividend Yield 4.49%
52-Week Range $16.23 - $23.57
VWAP $17.17

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The RWM - ProShares Short Russell2000 ETF seeks to provide investment results that correspond to the inverse (-1x) of the daily performance of the Russell 2000 Index.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to achieve its inverse exposure to the Russell 2000 Index. It does not invest directly in the underlying securities of the index.

✨ Key Features

  • Provides inverse exposure to the small-cap Russell 2000 Index
  • Designed for short-term tactical or hedging purposes, not long-term buy-and-hold
  • Resets daily, so long-term returns may not equal the inverse of the index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Inverse performance risk - Fund returns the opposite of the index, amplifying losses in a rising market
  • Volatility risk - Daily resets can lead to performance drift from the index over time
  • Liquidity risk - Low assets under management may impact trading and pricing
  • Counterparty risk - Reliance on derivatives exposes the fund to risks of those counterparties

👤 Best For

The RWM ETF is best suited for experienced, sophisticated investors seeking short-term tactical exposure or hedging against a decline in small-cap stocks. It is not recommended for long-term buy-and-hold investors due to the daily reset mechanism.