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See exactly how URTY's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for URTY and 80,000+ other tickers.
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.
The ProShares UltraPro Russell 2000 and iShares Russell 2000 ETFs have both marginally underperformed the S&P 500 so far this year, in line with poor performance over the past decade. In this article, I discuss multiple catalysts that may boost Russell 2000 returns, including an end to the government shutdown, Fed rate cuts, and cheap valuations. As such, this may be an opportunistic time to go long URTY and IWM, confirming a buy rating on both ETFs.
ProShares UltraPro Russell2000 targets 3x daily returns of the Russell 2000 Index, but actual returns can deviate significantly over time. Holding leveraged ETFs beyond one day exposes investors to compounding effects and beta slippage, especially in volatile markets. Beta slippage can cause leveraged ETF returns to underperform or outperform the expected multiple, depending on volatility and holding period.
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Donald Trump's historic victory in the presidential race unleashed a massive rally in the U.S. stock market and ETF space.
URTY is not ideal for long-term holding because of its high costs, low yield, and the amplified losses associated with 3X leverage. Naturally, when the market is bullish, URTY outperforms other ETFs like IWM by 3X. Seasonal trends and technical indicators suggest a potential bullish phase for URTY, with strong uptrends likely in November and December.