RWM:ARCA-ProShares Short Russell2000 (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 20.32

Change

-0.23 (-1.12)%

Market Cap

USD 0.42B

Volume

2.44M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Russell 2000? Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. It is a float-adjusted, market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000? Index or approximately 8% of the total market capitalization of the Russell 3000? Index, which in turn represents approximately 98% of the investable U.S. equity market. The fund is non-diversified.

Inception Date: 23/01/2007

Primary Benchmark: Russell 2000 TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 1.02%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for Trading--Inverse Equity

Symbol Name Mer Price(Change) Market Cap
SH ProShares Short S&P500 0.89 %

+0.03 (+0.28%)

USD 0.99B
SOXS Direxion Daily Semiconductor B.. 0.97 %

+1.98 (+10.59%)

USD 0.76B
PSQ ProShares Short QQQ 0.95 %

+0.30 (+0.78%)

USD 0.65B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

+0.25 (+1.06%)

USD 0.55B
SDOW ProShares UltraPro Short Dow30 0.95 %

+0.08 (+0.60%)

USD 0.32B
YANG Direxion Daily FTSE China Bear.. 1.02 %

+0.12 (+3.41%)

USD 0.22B
DOG ProShares Short Dow30 0.95 %

+0.04 (+0.15%)

USD 0.17B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

+0.03 (+0.27%)

USD 0.14B
DUST Direxion Daily Gold Miners Ind.. 1.04 %

+0.13 (+2.73%)

USD 0.11B
FNGD MicroSectors FANG+ Index -3X I.. 0.00 %

+0.20 (+1.08%)

USD 0.10B

ETFs Containing RWM

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.61% 89% A- 21% F
Dividend Return 1.23% 81% B- 50% F
Total Return -2.38% 89% A- 20% F
Trailing 12 Months  
Capital Gain -16.82% 88% B+ 12% F
Dividend Return 4.59% 89% A- 65% D
Total Return -12.24% 88% B+ 12% F
Trailing 5 Years  
Capital Gain -50.21% 91% A- 11% F
Dividend Return 4.48% 92% A 14% F
Total Return -45.73% 91% A- 10% F
Average Annual (5 Year Horizon)  
Capital Gain -9.82% 32% F 9% A-
Dividend Return -8.89% 32% F 8% B-
Total Return 0.93% 87% B+ 23% F
Risk Return Profile  
Volatility (Standard Deviation) 27.21% 77% C+ 41% F
Risk Adjusted Return -32.68% 27% F 11% F
Market Capitalization 0.42B 82% B 31% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.