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Upturn AI SWOT - About
ProShares UltraShort Russell2000 (TWM)
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Upturn Advisory Summary
03/24/2025: TWM (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -57.45% | Avg. Invested days 27 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/24/2025 |
Key Highlights
Volume (30-day avg) 401159 | Beta -2.32 | 52 Weeks Range 35.97 - 60.52 | Updated Date 04/2/2025 |
52 Weeks Range 35.97 - 60.52 | Updated Date 04/2/2025 |
Upturn AI SWOT
ProShares UltraShort Russell2000
ETF Overview
Overview
The ProShares UltraShort Russell2000 (TWM) seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Russell 2000 Index. It provides leveraged inverse exposure to small-cap U.S. equities, targeting investors who believe the Russell 2000 will decline.
Reputation and Reliability
ProShares is a well-known issuer of leveraged and inverse ETFs, with a solid track record in providing such products.
Management Expertise
ProShares has considerable experience in managing leveraged and inverse ETFs, demonstrating expertise in hedging and derivatives.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Russell 2000 Index.
Investment Approach and Strategy
Strategy: The ETF uses a leveraged inverse strategy, aiming to deliver -2x the daily performance of the Russell 2000 index through derivatives.
Composition Primarily consists of financial derivatives, such as swaps, futures contracts, and options, designed to achieve the target leverage and inverse exposure.
Market Position
Market Share: TWM's market share fluctuates based on investor demand for leveraged inverse small-cap exposure.
Total Net Assets (AUM): 154731964
Competitors
Key Competitors
- RWM
- SRTY
Competitive Landscape
The competitive landscape includes other inverse and leveraged ETFs targeting the Russell 2000 or similar small-cap indices. TWM differentiates itself with its -2x leverage. A disadvantage is its daily reset feature, causing performance drift over longer periods.
Financial Performance
Historical Performance: Historical performance varies widely depending on the Russell 2000's performance. Due to its inverse and leveraged nature, it typically underperforms during periods of index growth and outperforms during declines.
Benchmark Comparison: The ETF aims to achieve -2x the *daily* performance of the Russell 2000. It is important to compare with the *daily* performance of the Russell 2000, not long-term performance, due to the effects of compounding.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
TWM's average trading volume indicates sufficient liquidity for most investors, facilitating relatively easy entry and exit.
Bid-Ask Spread
The bid-ask spread is generally manageable, but it can widen during periods of high volatility or low trading volume.
Market Dynamics
Market Environment Factors
Economic indicators, investor sentiment towards small-cap stocks, interest rates, and overall market volatility significantly affect TWM.
Growth Trajectory
TWM's growth trajectory is dependent on investor demand for hedging or speculating against small-cap performance. Changes to leverage or index methodology can impact its suitability.
Moat and Competitive Advantages
Competitive Edge
TWM's competitive edge lies in its established brand and its straightforward -2x leveraged inverse exposure to the Russell 2000. It provides a relatively simple tool for investors seeking to profit from or hedge against declines in small-cap stocks. This specialized focus, coupled with ProShares' experience in managing similar funds, allows it to cater to a specific niche of traders and investors. However, the daily reset is a significant factor to consider.
Risk Analysis
Volatility
TWM exhibits high volatility due to its leveraged and inverse nature, significantly amplifying the volatility of the Russell 2000 index.
Market Risk
Specific risks include the risk of compounding and daily resets, which can cause significant deviations from the -2x inverse return over longer holding periods. Changes in the Russell 2000 and regulatory changes may also impact the fund.
Investor Profile
Ideal Investor Profile
The ideal investor is an experienced, sophisticated trader who understands leveraged and inverse ETFs and is willing to actively manage their position. Short-term traders with a bearish outlook on small-cap stocks are best suited for this ETF.
Market Risk
TWM is best suited for active traders with a short-term outlook, not for long-term investors or passive index followers. Due to its leverage and inverse nature, it is a speculative tool and should be used with caution.
Summary
ProShares UltraShort Russell2000 (TWM) offers -2x daily inverse exposure to the Russell 2000. This leveraged inverse ETF is designed for short-term, active traders who believe the Russell 2000 will decline. Its high volatility and daily reset mechanism make it unsuitable for long-term investments. Investors should be aware of the risks and potential for performance drift over longer periods before considering TWM.
Similar Companies
- RWM
- SRTY
- SH
- SDS
Sources and Disclaimers
Data Sources:
- ProShares official website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. ETF performance can vary, and past performance is not indicative of future results. Investors should consult with a financial advisor before making any investment decisions. Leveraged and inverse ETFs are complex instruments and may not be suitable for all investors. Market share estimates are approximate and based on available data.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares UltraShort Russell2000
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is a measure of small-cap U.S. stock market performance. The fund is non-diversified.
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