Skip to content
Beacon

ROMProShares Ultra Technology

Take a bet19y track recordRanked #84 of 949 in this goal

Seeks daily investment results that correspond to two times (2x) the daily performance of the S&P Technology Select Sector Index.

By ProShares · Launched 2007

Annual Cost

0.95%

#4,876 of 5,854 · expensive

Fund Size

$1.3B

#974 of 5,854 · large

Return (1Y)Goal

+56.7%

Track Record

19 years

#419 of 5,854 · established

Performance

Total-return NAV · USD
Growth of $10,000
$14,685+46.8%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Information technology

Index tracked

S&P 500 Information Technology Index

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

NVIDIA Corp.
10.9%
Apple, Inc.
9.9%
Microsoft Corp.
7.4%
N/A
4.9%
United States of America
4.8%
ProShares GENIUS Money Market ETF
3.9%
Broadcom, Inc.
3.8%
N/A
3.6%
United States of America
3.4%
N/A
3.1%

Asset allocation

Stocks
89.0%
Cash
8.2%
Other
2.8%

By sector

Technology
99.2%
Communication
0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
51.3%High

Year-on-year price swings

Max drawdown
-67.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.87Decent risk-adjusted returns
Sortino (3Y)
1.26Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to two times (2x) the daily performance of the S&P Technology Select Sector Index.
Strategy
Invests in financial instruments to achieve 2x daily exposure to the S&P Technology Select Sector Index, which includes the largest U.S. technology companies. Uses derivatives like swap agreements to gain leveraged exposure and rebalances daily to maintain target exposure.
Inception date
January 30, 2007
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

What's next?

You've looked at ROM. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

See other funds for this goal

Data updated on 2026-08-03