Proshares Short Russell2000 Etf Profile

RWM Etf  USD 21.26  0.14  0.66%   

Performance

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Odds Of Distress

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ProShares Short is selling at 21.26 as of the 19th of March 2024; that is 0.66% increase since the beginning of the trading day. The etf's lowest day price was 21.06. ProShares Short has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ProShares Short Russell2000 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of February 2024 and ending today, the 19th of March 2024. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Short Russell is traded on NYSEARCA Exchange in the United States. More on ProShares Short Russell2000

Moving against ProShares Etf

  0.91VB Vanguard Small-Cap IndexPairCorr
  0.79VO Vanguard Mid-Cap IndexPairCorr
  0.73VEA Vanguard FTSE DevelopedPairCorr
  0.62VTV Vanguard Value IndexPairCorr
  0.59VTI Vanguard Total StockPairCorr
  0.54SPY SPDR SP 500PairCorr
  0.54IVV IShares Core SPPairCorr

ProShares Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ProShares Short's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares Short or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of ProShares TrustMichael Sapir
Thematic Ideas
(View all Themes)
Old Names[ROCKWELL MEDICAL, ROCKWELL MEDICAL (RWM.SG), Rockwell Medical Inc, Travellers International Hotel Group Inc.]
Business ConcentrationSize And Style ETFs, Small Cap ETFs, Trading--Inverse Equity, ProShares (View all Sectors)
IssuerProShares
Inception Date2007-01-23
BenchmarkRussell 2000 Index
Entity TypeRegulated Investment Company
Asset Under Management196.74 Million
Average Trading Valume1.91 Million
Asset TypeEquity
CategorySize and Style
FocusSmall Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Devin Sullivan
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents42.0
Market MakerLatour Trading
Total Expense1.02
Management Fee0.75
Country NameUSA
Returns Y T D0.19
NameProShares Short Russell2000
Currency CodeUSD
Open FigiBBG000BFC544
In Threey Volatility21.01
1y Volatility22.9
200 Day M A22.9424
50 Day M A21.4494
CodeRWM
Updated At18th of March 2024
Currency NameUS Dollar
ProShares Short Russell2000 [RWM] is traded in USA and was established 2007-01-23. The fund is classified under Trading--Inverse Equity category within ProShares family. The entity is thematically classified as Size And Style ETFs. ProShares Short Russ at this time have 632.02 M in assets. , while the total return for the last 3 years was 1.9%.
Check ProShares Short Probability Of Bankruptcy

Top ProShares Short Russell2000 Etf Constituents

Russell 2000 Index Swap Ubs Ag7.31%
Russell 2000 Index Swap Citibank Na22.24%
Russell 2000 Index Swap Bank Of America Na25.17%
Russell 2000 Index Swap Bnp Paribas13.13%
Russell 2000 Index Swap Morgan Stanley & Co. International Plc6.0700003%
Russell 2000 Index Swap Goldman Sachs International9.7399995%
Russell 2000 Index Swap Societe Generale6.52%
United States Treasury Bills6.22%
E-mini Russell 2000 Index Future June 216.0300004%

ProShares Short Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of ProShares Short jumping above the current price in 90 days from now is about 62.55%. The ProShares Short Russell2000 probability density function shows the probability of ProShares Short etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon ProShares Short Russell2000 has a beta of -1.8718 indicating as returns on its benchmark rise, returns on holding ProShares Short Russell2000 are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ProShares Short is expected to outperform its benchmark. Additionally, the company has an alpha of 0.1518, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 21.26HorizonTargetOdds Above 21.26
37.01%90 days
 21.26 
62.55%
Based on a normal probability distribution, the odds of ProShares Short to move above the current price in 90 days from now is about 62.55 (This ProShares Short Russell2000 probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) .

ProShares Short Top Holders

RQECXResq Dynamic AllocationMutual FundTactical Allocation
RQEAXResq Dynamic AllocationMutual FundTactical Allocation
DGQUXAmericafirst Defensive GrowthMutual FundLong-Short Equity
DGQIXAmericafirst Defensive GrowthMutual FundLong-Short Equity
DGQAXAmericafirst Defensive GrowthMutual FundLong-Short Equity
CAPTXCanterbury Portfolio ThermostatMutual FundTactical Allocation
AIIFXTimber Point AlternativeMutual FundNontraditional Bond
More Details

ProShares Short Russ Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ProShares Short market risk premium is the additional return an investor will receive from holding ProShares Short long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Short. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ProShares Short's alpha and beta are two of the key measurements used to evaluate ProShares Short's performance over the market, the standard measures of volatility play an important role as well.

ProShares Short Against Markets

Picking the right benchmark for ProShares Short etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ProShares Short etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ProShares Short is critical whether you are bullish or bearish towards ProShares Short Russell2000 at a given time. Please also check how ProShares Short's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ProShares Short without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy ProShares Etf?

Before investing in ProShares Short, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ProShares Short. To buy ProShares Short etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ProShares Short. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ProShares Short etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ProShares Short Russell2000 etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ProShares Short Russell2000 etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as ProShares Short Russell2000, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ProShares Etf please use our How to Invest in ProShares Short guide.

Already Invested in ProShares Short Russell2000?

The danger of trading ProShares Short Russell2000 is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ProShares Short is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ProShares Short. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ProShares Short Russ is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ProShares Short Russ is a strong investment it is important to analyze ProShares Short's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Short's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Short Russell2000. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running ProShares Short's price analysis, check to measure ProShares Short's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares Short is operating at the current time. Most of ProShares Short's value examination focuses on studying past and present price action to predict the probability of ProShares Short's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares Short's price. Additionally, you may evaluate how the addition of ProShares Short to your portfolios can decrease your overall portfolio volatility.
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The market value of ProShares Short Russ is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Short's market value can be influenced by many factors that don't directly affect ProShares Short's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.