ProShares Short Russell2000 -1x Shares
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$20.93
- Net Assets:$0 Million
- NAV:$20.7
- Premium1.11%
- Peer Rank:486 of 559
- Investment Rating:D-
- Performance:D-
- RiskC+
We rate ProShares Short Russell 2000 at D-. Negative factors that influence this rating include a below average total return. The fund may be considered for investors seeking a Growth - Domestic strategy.
Total return ranks below peers over the last three years. The ProShares Short Russell 2000 has returned an annual rate of -12.00% since inception. More recently, the fund has generated a total return of -11.80% in the last five years, -1.29% in the last three years, and -4.06% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 4% of them. It has also outpaced 28% of its competitors on a three year basis and 9% of them over the last year for the period ending 2/29/2024. On a year to date basis, RWM has returned -1.80%.
Downside risk has been below average. RWM has a draw down risk of -20.60%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 21.4%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
High expense ratio hinders performance. As RWM is an exchange traded fund, it has no front end or back end load.
The ProShares Short Russell 2000 is managed by Michael Neches at ProShare Advisors LLC. This fund is one of 130 ProShare Advisors LLC exchange-traded funds launched since 6/19/2006 that we track.