# ProShares - UltraPro Russell2000 (URTY): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/urty for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: ProShares · Asset class: Equity - Strategy: Leveraged · Inception: 2010-02-09 ProShares UltraPro Russell2000 is structured to provide daily investment outcomes that magnify the Russell 2000 Index's daily performance by a factor of three. This target is pursued before accounting for any operational fees or expenses. ## Key Facts | Metric | Value | |---|---| | Price | $67.74 | | Expense Ratio | 1.13% | | Assets Under Management | $281.2M | | NAV | $67.76 | | Holdings Count | 1970 | | Distribution Yield (TTM) | 0.93% | | Annual Distribution (TTM) | $0.63 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $43.33 – $89.85 | | Beta | 3.83 | ## Latest Distribution - Amount: $0.1800 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does URTY invest in? ProShares UltraPro Russell2000 is structured to provide daily investment outcomes that magnify the Russell 2000 Index's daily performance by a factor of three. This target is pursued before accounting for any operational fees or expenses. ### What is the expense ratio of URTY? ProShares - UltraPro Russell2000 (URTY) charges an expense ratio of 1.13%. This is the annual fee deducted from fund assets to cover management and operations. ### Is URTY a good long-term hold? URTY is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days. ### How does URTY's daily reset work? URTY rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets. ### How big is URTY? ProShares - UltraPro Russell2000 (URTY) manages $281.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is URTY actively managed or an index fund? URTY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### Does URTY pay a dividend? ProShares - UltraPro Russell2000 (URTY) currently distributes little or no income. Trailing-twelve-month yield is 0.93%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does URTY pay dividends? ProShares - UltraPro Russell2000 pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is URTY's dividend yield? URTY's trailing-twelve-month yield is 0.93%, calculated from the sum of dividends over the past year divided by the current price. ### When is URTY's next ex-dividend date? The most recently announced ex-dividend date for URTY was 2026-09-23. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will URTY's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.13% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does URTY charge its expense ratio? The expense ratio is deducted in tiny daily slices from URTY's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does URTY cost more than a fund like VOO? URTY is a leveraged fund (current expense ratio 1.13%). Daily-reset leverage products carry swap and financing costs that don't exist on a plain-vanilla equity ETF. The Cost Verdict card compares against the leveraged/inverse cohort where these costs are the norm. ### Are there cheaper alternatives to URTY? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as URTY (1.13%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/urty - Distribution history: https://www.dividenddata.com/funds/urty/dividend - Holdings & diversification: https://www.dividenddata.com/funds/urty/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/urty/expenses - Peer comparison: https://www.dividenddata.com/funds/urty/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.