ATLASProShares Ultra Russell2000 (UWM): outlook, holdings and fees
ProShares Ultra Russell2000 (UWM) is an exchange-traded fund and is managed by ProShares. The expense ratio is 0.96% and the yield is 0.89%. The ten largest holdings are 32% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on UWM
| Last price | $58.05 (+1.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 50% |
| Likely 1-month range (50%) | $54.78 – $61.63 |
| Normal 1-day range (±1σ) | ±2.0% |
| Distribution yield | 0.89% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
UWM fund facts
| Issuer | ProShares |
|---|---|
| Theme | Leveraged |
| Assets under management | $226M |
| Expense ratio | 0.96% |
| Number of holdings | 39 |
| Portfolio turnover | 57% |
| Inception | Jan 23, 2007 |
| Exchange | NYSE |
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of the small-cap segment of the U.S. markets. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. It is non-diversified.
UWM top holdings
| Holding | Sector | Weight |
|---|---|---|
| Proshares Genius Money Market ETF IQMM | – | 30.87% |
| BrightSpring Health Services, Inc. Common Stock BTSG | Healthcare | 0.12% |
| Jfrog Ltd FROG | Technology | 0.12% |
| Moog Inc MOG-A | Industrials | 0.13% |
| Twist Bioscience Corp TWST | Healthcare | 0.12% |
| UMB Financial Corporation UMBF | Financial Services | 0.11% |
| Glaukos Corp GKOS | Healthcare | 0.11% |
| 10X Genomics Inc TXG | Healthcare | 0.11% |
| SM Energy Co SM | Energy | 0.10% |
| PBF Energy Inc PBF | Energy | 0.10% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
UWM sector breakdown
| Sector | Weight |
|---|---|
| Healthcare | 20.7% |
| Financial Services | 17.7% |
| Technology | 14.4% |
| Industrials | 13.5% |
| Consumer Cyclicals | 9.0% |
| Real Estate | 6.3% |
| Energy | 6.2% |
| Basic Materials | 4.5% |
| Utilities | 2.8% |
| Consumer Defensive | 2.7% |
| Communication Services | 2.3% |
By region: North America 98.0%, Latin America 1.0%, Europe Developed 0.4%, Asia Developed 0.2%, Africa/Middle East 0.2%.
UWM returns and risk
| Year to date | +26.2% |
|---|---|
| 1 year | +24.1% |
| 3 years (annualised) | +29.4% |
| 5 years (annualised) | +2.1% |
| 10 years (annualised) | +10.1% |
| Volatility (3 years) | 38.4% |
| Sharpe ratio (3 years) | 0.62 |
Past returns do not guarantee future results.
UWM: frequently asked questions
What does UWM invest in?
ProShares Ultra Russell2000 invests in a portfolio of securities. Its largest holdings are Proshares Genius Money Market ETF (30.9%), BrightSpring Health Services, Inc. Common Stock (0.1%), Jfrog Ltd (0.1%), Moog Inc (0.1%), Twist Bioscience Corp (0.1%).
What is the UWM expense ratio?
0.96% a year: about $96.00 for every $10,000 invested.
What is the UWM dividend yield?
0.89%. ATLAS does not hold the exact distribution dates for ETFs.
Will UWM go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 50%, with a likely range (50%) of $54.78 to $61.63 from $58.05 today. It is a probability, not a prediction.
How has UWM performed?
Year to date +26.2%, one year +24.1%, three years +29.4% a year, five years +2.1% a year. Past returns do not guarantee future results.
Similar ETFs: Leveraged
Educational information, not investment advice. Disclaimer