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SRTYProShares UltraPro Short Russell2000

Take a bet16y track recordRanked #112 of 774 in this goal

Seeks daily investment results that correspond to -300% of the daily performance of the Russell 2000 Index.

By ProShares · Launched 2010

Annual Cost

0.95%

#4,691 of 5,568 · expensive

Fund Size

$72M

#3,243 of 5,568 · mid-size

Return (1Y)Goal

-65.9%

Track Record

16 years

#752 of 5,568 · established

Performance

Total-return NAV · USD
Growth of $10,000
$3,700-63.0%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

Index tracked

Russell 2000 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 140.2% of fundconcentrated

United States of America
52.6%
United States of America
26.3%
Repurchase Agreement
18.8%
Repurchase Agreement
13.1%
Repurchase Agreement
11.3%
Repurchase Agreement
4.5%
Repurchase Agreement
4.5%
Repurchase Agreement
3.4%
Repurchase Agreement
3.4%
Repurchase Agreement
2.2%

Asset allocation

Cash
337.9%
Other
39.7%
Bonds
15.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
58.6%High

Year-on-year price swings

Max drawdown
-99.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.66Below average
Sortino (3Y)
-0.90Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to -300% of the daily performance of the Russell 2000 Index.
Strategy
Invests primarily in financial instruments to achieve -3x daily exposure to the Russell 2000 Index. The Fund aims to provide returns consistent with its daily target, utilizing derivatives to manage exposure.
Inception date
February 9, 2010
Fund family
ProShares

Our take

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

Inverse
Warning

Inverse ETF — daily tool only

Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.

Source: Cheng & Madhavan (2009)

Why we flagged this: strategy=inverse + inverse_name_or_strategy

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

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Data updated on 2026-06-20