URTY

ProShares UltraPro Russell2000

$48.59
+0.00%
Market closed. Last update: 12:00 PM ET

📎 Investment Objective

The ProShares UltraPro Russell2000 ETF (URTY) seeks to provide daily investment results that correspond to three times (3x) the daily performance of the Russell 2000 Index.

Overview

ETF tracking ProShares UltraPro Russell2000

Category Leveraged
Issuer ProShares
Inception Date 2010-02-11
Market Cap $352.3M
Average Volume N/A
Dividend Yield 1.22%
52-Week Range $22.44 - $66.20
VWAP $48.02

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The ProShares UltraPro Russell2000 ETF (URTY) seeks to provide daily investment results that correspond to three times (3x) the daily performance of the Russell 2000 Index.

🎯 Investment Strategy

URTY uses a combination of financial instruments, such as futures contracts, to provide leveraged exposure to the Russell 2000 Index. The fund aims to amplify the daily returns of the underlying index by a factor of 3.

✨ Key Features

  • Provides 3x daily leveraged exposure to the Russell 2000 Index, which tracks small-cap U.S. stocks
  • Utilizes derivatives and other financial instruments to achieve its targeted leverage
  • Resets its leverage on a daily basis, which can lead to compounding effects over longer holding periods
  • Has a high degree of volatility and risk due to its leveraged nature

⚠️ Primary Risks

  • Significant risk of loss due to the fund's leveraged nature, which can amplify both gains and losses
  • Potential for divergence between the fund's performance and the underlying index over longer time periods
  • Increased volatility and risk of compounding effects, especially during periods of high market volatility
  • Counterparty risk associated with the derivatives and other financial instruments used to achieve leverage

👤 Best For

URTY is designed for experienced, risk-tolerant investors who seek to amplify their exposure to the small-cap segment of the U.S. equity market on a short-term basis. This ETF is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.