ProShares UltraShort Russell2000 (TWM)
| 17.43 Real-Time Quote |  -0.07 / -0.40%Today’s Change | 17.36 Today|||52-Week Range 37.21 | -31.24% Year-to-Date |
Investment Objective
The investment seeks daily investment results that correspond to two times the inverse (-2x) 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 two times the inverse (-2x) 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. The fund is non-diversified.
Latest TWM News
| TWM January 2014 Options Begin Trading May 20 / TheStreet.com |
Performance
| 1 month | -17.29% | 3 years | -41.59% | |
| 3 months | -18.86% | 5 years | -39.04% | |
| 1 year | -51.09% | Since inception | -32.05% |
Data through 05/21/2013
Quote Details
| Previous close | $17.50 |
| Open day’s range | 17.41 – 17.61 |
| Net asset value (NAV) | 17.51 (05/20/2013) |
| Daily volume | 670,935 |
| Average volume (3 months) | 2,087,018 |
Data as of 1:14pm ET, 05/21/2013
Peer Comparisonvs. Trading-inverse equity ETFs
| TWM | Category | |
|---|---|---|
| Performance 5-yr return | -39.04% | -29.70% |
| Expense Gross exp ratio | 1.03% | 0.95% |
| Risk 5 year sharpe ratio | -0.84 | -0.72 |
| Net assets | $396.6M | $144.7M |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.38% |
Competitors
| SH ProShares Short S&P500 |
| SDS ProShares UltraShort S&P500 |
| BXDB Barclays Short B Leveraged Inverse S&P 5... |
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| Holdings not available. |