REWProShares UltraShort Technology
Seeks daily investment results that correspond to -2x the daily performance of the S&P Technology Select Sector Index.
By ProShares · Launched 2007
Annual Cost
0.95%
#5,033 of 6,040 · expensive
Fund Size
$3M
#5,435 of 6,040 · small
Return (1Y)
-53.7%
Track Record
19 years
#425 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$4,590-54.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaStrategy
Inverse
Sector
Information technologyIndex tracked
S&P Technology Select Sector Index
Holdings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Repurchase Agreement
24.1%
Repurchase Agreement
11.9%
Repurchase Agreement
11.9%
Repurchase Agreement
7.2%
Repurchase Agreement
7.2%
Repurchase Agreement
6.0%
Repurchase Agreement
4.8%
Repurchase Agreement
4.8%
Repurchase Agreement
2.4%
N/A
0.6%
Asset allocation
Cash
199.9%
Other
100.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
53.4%High
Year-on-year price swings
Max drawdown
-99.1%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-1.05Below average
Sortino (3Y)
-1.43Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results that correspond to -2x the daily performance of the S&P Technology Select Sector Index.
- Strategy
- Invests in derivatives to gain inverse leveraged exposure to the S&P Technology Select Sector Index, which includes the largest U.S. information technology companies. The Fund rebalances daily to maintain its -2x exposure, aiming to achieve its investment objective consistently.
- Inception date
- January 30, 2007
- Fund family
- ProShares
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save REW to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18