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What is UWM?

UWM provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies.

PERFORMANCE [as of 03/23/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UWM -19.50% -7.01% -6.68% -36.14% 32.43% -2.73% 7.72%
UWM (NAV) -19.38% -6.78% -6.69% -36.12% 32.33% -2.68% 7.72%
Russell 2000 Index -9.68% -1.94% -2.02% -14.92% 21.20% 4.00% 7.59%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UWM Factset Analytics Insight

As a levered product with daily resets, UWM is not a buy-and-hold ETF, it's a short-term tactical instrument designed to provide 2x exposure to the Russell 2000, a market-cap-weighted index of 2,000 US companies primarily in the small-cap segment, but may include midcaps and micro-caps as well. The underlying index specifically contains the 1001st through the 3000th securities pulled from the Russell 3000 index, which covers approximately 10% of its total market capitalization. The fund may invest in securities across various sectors and industry groups without any bias. Over longer periods, returns can vary significantly from its guaranteed 2x exposure due to daily compounding.

UWM Summary Data

ProShares
01/23/07
0.95%
$124.71M
Russell 2000 Index
N/A
Open-Ended Fund
Fund Home Page

Peers

N/A
N/A
Compare More ETFs

Fund Flows

+$0.00B 5 Days
+$0.01B 30 Days
+$0.00B 90 Days
More Fund Flows

UWM Fund Structure

Yes
No
-- / --
N/A
N/A
Low
2
Daily

UWM Tax Exposures

20.00% / 39.60%
--
No

UWM Portfolio Data

0.43%
N/A

UWM Index Data

Russell 2000 Index
Market Cap
Market Cap
N/A

Factset Analytics Block Liquidity

As of 03/24/23

This measurement shows how easy it is to trade a $1 million USD block of UWM. UWM is rated a N/A out of 5.

UWM Tradability

892,365
$30.61M
842,522
$30.23M
0.03%
$0.01
0.04%
0.36% / -0.17%
None
99.80%
50,000
16.85
0.01%
--
1,210
$29.09
N/A