RWM - ProShares Short Russell2000
| Assets | $250.92M |
| NAV | $22.37 |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Beta (5Y) | -1.19 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | Mar 25, 2020 |
| 1-Year Return | - |
| Trading Day | April 21 |
| Last Price | $21.82 |
| Previous Close | $22.35 |
| Change ($) | -0.53 |
| Change (%) | -2.37% |
| Day's Open | 22.41 |
| Day's Range | 21.82 - 22.55 |
| Day's Volume | 1,817,398 |
| 52-Week Range | 20.93 - 46.22 |
Fund Description
The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Russell 2000® Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. It is a float-adjusted, market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000® Index or approximately 10% of the total market capitalization of the Russell 3000® Index, which in turn represents approximately 98% of the investable U.S. equity market. The fund is non-diversified.
| Asset Class Equity | Sector Mid Cap |
| Region North America | Inception Date Jan 23, 2007 |
| Exchange NYSEARCA | Ticker Symbol RWM |
| Index Tracked Russell 2000 Index | |
Top 10 Holdings
153.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 67.27% |
| Russell 2000 Index Swap Goldman Sachs International - Cash Offset | 603698.SS | 26.67% |
| Russell 2000 Index Swap Credit Suisse International - Cash Offset | 603698.SS | 9.90% |
| Russell 2000 Index Swap Citibank Na - Cash Offset | 603698.SS | 9.17% |
| Russell 2000 06/18/2021 (Rtym1) - Cash Offset | 603698.SS | 8.37% |
| United States Treasury Bills | B 0 04/22/21 | 6.82% |
| United States Treasury Bills | B 0 07/15/21 | 6.82% |
| United States Treasury Bills | B 0 07/01/21 | 6.82% |
| United States Treasury Bills | n/a | 6.82% |
| Russell 2000 Index Swap Bnp Paribas - Cash Offset | 603698.SS | 4.53% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2020 | $0.05 | Apr 1, 2020 |
| Dec 24, 2019 | $0.138 | Jan 2, 2020 |
| Sep 25, 2019 | $0.146 | Oct 2, 2019 |
| Jun 25, 2019 | $0.182 | Jul 2, 2019 |
| Mar 20, 2019 | $0.107 | Mar 27, 2019 |
| Dec 26, 2018 | $0.128 | Jan 3, 2019 |
Three inverse ETFs to short small cap stocks are MYY, SBB, and RWM.
The best inverse ETFs of the 2020 bear market were RWM, DOG, and HDGE.
Traders can position for further small-cap declines with these inverse ETFs that move in the opposite direction to the Russell 2000.
The Russell 2000 tends to underperform during times of economic uncertainty. Explore these trading ideas using inverse small-cap ETFs.
Small-cap stocks have underperformed the S&P 500 since March. Short a recent Russell 2000 rally using these three inverse ETFs.