ProShares - UltraShort Russell2000
TWM
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Jan 25, 2007
- CIK
- 0001174610
- Website
- proshares.com
- Similar Companies
- Business
- ProShares UltraShort Russell2000 (TWM) seeks daily investment results that correspond to twice the inverse (-2x) of the daily performance of the Russell 2000 Index, providing leveraged inverse exposure to the small-cap segment of the U.S. equity market. The fund utilizes financial instruments including swap agreements with major counterparties such as Citibank NA, Barclays Capital, Societe Generale, Goldman Sachs International, BNP Paribas, Bank of America NA, and UBS AG, as well as futures contracts like the E-Mini Russell 2000 Equity Index; it maintains a net expense ratio of 0.95% (with contractual waiver through September 30, 2026) and quarterly distributions. TWM, part of ProShares' extensive lineup of leveraged and inverse ETFs, targets sophisticated investors seeking short-term bearish exposure to small-cap equities, with holdings also including U.S. Treasury bills for collateral; options trading is available on the fund. Launched on January 23, 2007, and domiciled in the United States, TWM operates primarily in U.S. markets through ProShares, founded in 1999 and headquartered at 7272 Wisconsin Avenue in Bethesda, Maryland. In recent developments, ProShares surpassed $100 billion in assets under management in October 2025, announced ETF share splits affecting 22 funds including leveraged products in November 2025, expanded its lineup with new ETFs targeting 2x daily returns of single stocks such as Coinbase, Nvidia, Palantir, and Tesla in September 2025, and strengthened distribution capabilities through key hires of regional vice presidents in September 2025.