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ETFs

ProShares Ultra Technology

ROM
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jan 30, 2007
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$2,771,752
AUM
$516,616,785
Associated Index
S&P Technology Select Sector Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
Net Other Assets (Liabilities)
22.91%
AAPL
Apple Inc
18.25%
MSFT
Microsoft Corporation
17.64%
NVDA
NVIDIA Corp
3.32%
AVGO
Broadcom Inc
3.3%
ADBE
Adobe Inc
2.26%
CSCO
Cisco Systems, Inc.
2.11%
CRM
Salesforce Inc
1.94%
ACN
Accenture plc - Ordinary Shares - Class A
1.92%
ORCL
Oracle Corp.
1.66%
Invest with ROM
Trade ROM Options

What is ROM?

ProShares Ultra Technology seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Technology Select Sector Index.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

ROM
Performance Measures**

for the time period Feb 1, 2007 to Dec 4, 2025

Returns

1M Trailing Return: -3.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 20.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -83.4%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 47.6%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.67

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.27

The annualized return divided by the max drawdown for the selected time period.

ETFs related toROM

ETFs correlated to ROM include IYW, TECL, XLK

ROM
ProShares Trust - ProShares Ultra Technology 2x Shares
IYW
BlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF
TECL
Direxion Shares ETF Trust - Direxion Daily Technology Bull 3X Shares
XLK
SSgA Active Trust - Technology Select Sector SPDR ETF
VGT
Vanguard Group, Inc. - Vanguard Information Technology ETF
FTEC
Fidelity Covington Trust - Fidelity MSCI Information Technology Index ETF
IXN
BlackRock Institutional Trust Company N.A. - iShares Global Tech ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toROM

(C) QLD For The Long Term (62% APY 38.7% DD) 2007

Category

Leveraged Nasdaq trend-following, tactical risk-on/off, crash protection, RSI, moving averages, Treasuries, inverse ETFs, daily rebalance

OOS Cumulative Return

249.17%

Momentum Mean Reversion LETFs with Black Swan Catcher | 523.7% RR | 28.8% DD (Jan 2013 - Current)| DJKeyhole

Category

Leveraged ETFs, tactical rotation, trend filter, mean reversion, volatility hedge (UVXY), inverse hedges, risk-on/risk-off

OOS Cumulative Return

247.99%

Create your own algorithmic trading strategy with ROM using Composer

FAQ

ROM is a US Equities ETF. ProShares Ultra Technology seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Technology Select Sector Index.

ROM tracks the S&P Technology Select Sector Index.

No, ROM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ROM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ROM is -0.0276%. This is the percent change in the value of ROM over the most recent 1-month period. The 3-month return on ROM is -0.0489%. This is the percent change in the value of ROM over the most recent 3-month period.

The standard deviation of ROM for the past year is 0.5253%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ROM include REW, TQQQ, and SSO.

ETFs correlated to ROM include IYW, TECL, and XLK.

ETFs that are inversely correlated to ROM include TECS, QID, and SQQQ.

Yes, ROM is a Leveraged (2x) ETF: This means that ROM will try to match the performance of S&P Technology Select Sector Index, but with 2x the returns.

No, ROM is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.