- What are the top holdings of ITWO?
- ProShares Russell 2000 High Income ETF holds 1979 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does ITWO have?
- ITWO holds 1979 positions as reported by the fund's most recent disclosure.
- What sectors does ITWO invest in?
- ProShares Russell 2000 High Income ETF (ITWO) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is ITWO most exposed to?
- ITWO's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is ITWO a US-only fund?
- The country allocation card on this page shows ITWO's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does ITWO invest in?
- ITWO combines long positions in the Russell 2000 Index with short positions in daily call options. The objective is to provide monthly distributions derived from option premiums and dividends, though some payments may be classified as a return of capital. The index employs a buy-write (or covered call) strategy, generating additional income from selling call options while maintaining exposure to small-cap US stocks. Unlike traditional call option strategies, this index uses short-dated, out-of-the-money call options, which are rebalanced daily to capture short-term market movements. Instead of directly writing options, the fund gains its short exposure through swap agreements and futures contracts, replicating returns from the covered call strategy without direct option transactions. The portfolio is constructed using a mathematical approach that optimizes the type, quantity, and mix of positions to produce returns in line with the index.
