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URTYProShares UltraPro Russell2000

Take a bet16y track recordRanked #59 of 774 in this goal

Seeks daily investment results that correspond to 3x the daily performance of the Russell 2000 Index.

By ProShares · Launched 2010

Annual Cost

0.95%

#4,691 of 5,568 · expensive

Fund Size

$352M

#1,840 of 5,568 · large

Return (1Y)Goal

+115.7%

Track Record

16 years

#752 of 5,568 · established

Performance

Total-return NAV · USD
Growth of $10,000
$20,568+105.7%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Index tracked

Russell 2000 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 34.2% of fundwell diversified

N/A
8.0%
N/A
7.8%
United States of America
5.1%
United States of America
2.6%
United States of America
2.6%
United States of America
2.6%
Repurchase Agreement
1.6%
N/A
1.5%
INVESCO GOVT AND AGCY LEX
1.3%
N/A
1.2%

Asset allocation

Stocks
60.5%
Cash
28.7%
Other
10.7%

By sector

Technology
19.1%
Industrials
17.8%
Healthcare
16.3%
Financial Services
15.5%
Consumer Cyclical
7.9%
Real Estate
5.9%
Energy
5.4%
Basic Materials
4.7%
Other
7.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
58.7%High

Year-on-year price swings

Max drawdown
-88.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.62Decent risk-adjusted returns
Sortino (3Y)
0.91Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to 3x the daily performance of the Russell 2000 Index.
Strategy
Invests primarily in financial instruments to achieve 3x daily leveraged exposure to the Russell 2000 Index. The Fund aims for daily returns consistent with its target, using a combination of derivatives and other financial instruments.
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.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

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

Why we flagged this: strategy=leveraged + leveraged_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