ProShares Ultra Technology (ROM), a series of ProShares Trust, seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Technology Select Sector Index. The fund provides leveraged exposure to U.S. technology companies spanning software and services, semiconductors and semiconductor equipment, and technology hardware and equipment; its portfolio primarily employs derivatives including total return swaps with counterparties such as UBS AG, Goldman Sachs International, Citibank NA, BNP Paribas, JPMorgan Chase Bank NA, Bank of America NA, Barclays Capital, and Societe Generale, alongside select equity holdings like NVIDIA Corp., Apple Inc., Microsoft Corp., and Broadcom Inc., and short-term treasury bills for collateral. Options trading is available on the fund, which distributes dividends quarterly and maintains a net expense ratio of 0.95% with a contractual fee waiver through September 30, 2026.
Launched on January 30, 2007, and domiciled in the United States with ProShare Advisors LLC serving as investment advisor from headquarters at 7272 Wisconsin Avenue, 21st Floor, Bethesda, Maryland, the fund targets investors seeking magnified daily returns from the technology sector via a single ticker on NYSE Arca.
Recent operational stability persists with no major acquisitions, partnerships, funding rounds, or product launches noted in the last 1-2 years; performance remains tied to its benchmark amid strong sector gains, reflecting a NAV of $92.67 as of December 16, 2025, and assets under management exceeding $779 million.