ROMProShares Ultra Technology
ROM Fund Description
ROM provides 2x leveraged exposure to a market-cap-weighted index that measures the performance of large US technology companies.
ROM Factset Analytics Insight
ROM provides 2x levered exposure to the Dow Jones US Technology Index, with daily leverage resets. Like all levered funds, it tends to underperform in volatile markets if held for longer than its reset period, and is more suitable for short-term trading positions. The underlying index is made up of the tech companies in the Dow Jones US Index, a total-market index that tracks the top 95% of US market capitalization. It may specifically involve companies engaged in computer and office equipment, software, semiconductors, tech and communication equipment, and internet services. The fund reflects the concentrated nature of a space dominated by the tech industry leaders selected and weighted by market cap.
ROM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ROM. ROM is rated a N/A out of 5.