TWM Performance — ProShares UltraShort Russell 2000
Data updated: 2026-08-14
TWM returned −29.04% year to date and −51.37% over one year to May 2026. Annualised returns are −31.89% over 3 years and −17.75% over 5 years. The fund trailed its Trading - Leveraged category average: $100 invested three years ago grew to $32, against $173 for the category, and to $49 over one year, against $137. Volatility over the past three years was 39.26% a year. In the 12 months to May 2026 the fund took in a net $37.4M, and assets reached $50.89M.
TWM Growth of $100
What $100 invested in ProShares UltraShort Russell 2000 grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | TWM | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $49 | $137 |
| 3 years (Jun 2023 – May 2026) | $32 | $173 |
| 5 years (Jun 2021 – May 2026) | $38 | $155 |
| Since data start (Sep 2019 – May 2026) | $8 | $181 |
TWM Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −29.04% |
| 1 year | −51.37% |
| 3 years (annualised) | −31.89% |
| 5 years (annualised) | −17.75% |
TWM Annual Returns
Calendar-year total returns of ProShares UltraShort Russell 2000, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −29.04% |
| 2025 | −24.75% |
| 2024 | −19.46% |
| 2023 | −26.84% |
| 2022 | +28.30% |
| 2021 | −35.44% |
| 2020 | −59.91% |
| 2019 (Sep–Dec) | −20.87% |
TWM Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −9.7% | −1.8% | +9.8% | −20.6% | −8.3% | — | — | — | — | — | — | — |
| 2025 | −4.7% | +11.8% | +14.6% | −0.1% | −10.0% | −9.7% | −3.1% | −13.2% | −5.6% | −3.8% | −2.3% | +1.6% |
| 2024 | +8.4% | −10.8% | −6.4% | +15.9% | −8.7% | +2.6% | −18.0% | +2.3% | −1.2% | +3.4% | −19.5% | +18.9% |
| 2023 | −17.1% | +3.4% | +9.4% | +4.0% | +2.1% | −14.5% | −10.9% | +11.6% | +13.4% | +15.4% | −16.4% | −20.9% |
| 2022 | +20.1% | −3.6% | −4.5% | +21.2% | −3.4% | +15.7% | −19.0% | +3.1% | +20.5% | −20.4% | −6.1% | +14.1% |
| 2021 | −10.7% | −12.8% | −5.0% | −4.8% | −1.7% | −4.5% | +6.2% | −5.3% | +5.1% | −8.7% | +7.6% | −6.1% |
| 2020 | +6.6% | +17.9% | +23.7% | −29.3% | −15.5% | −10.8% | −6.7% | −10.9% | +5.1% | −5.4% | −30.2% | −16.0% |
| 2019 | — | — | — | — | — | — | — | — | −4.3% | −5.2% | −7.8% | −5.4% |
TWM Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 39.26%
- 3-year Sharpe ratio: -0.93 (vs 4.5% risk-free rate)
- Best month: +18.88% (Dec 2024)
- Worst month: −20.93% (Dec 2023)
TWM Fund Flows
Monthly money in and out of ProShares UltraShort Russell 2000, from SEC Form N-PORT.
- 12-month net flow: $37.4M
- 12-month gross sales (incl. reinvestments): $126.2M
- Sales ÷ redemptions: 1.42×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $8.4M | $0 | $8.4M |
| Apr 2026 | $19.3M | $19.7M | −$403K |
| Mar 2026 | $27.7M | $28.4M | −$683K |
| Feb 2026 | $29.5M | $12.4M | $17.0M |
| Jan 2026 | $1.3M | $0 | $1.3M |
| Dec 2025 | $6.3M | $3.1M | $3.2M |
| Nov 2025 | $3.4M | $5.2M | −$1.8M |
| Oct 2025 | $6.7M | $1.7M | $5.0M |
| Sep 2025 | $7.1M | $1.7M | $5.3M |
| Aug 2025 | $7.9M | $7.9M | −$79K |
| Jul 2025 | $6.2M | $4.0M | $2.1M |
| Jun 2025 | $2.4M | $4.6M | −$2.2M |
TWM Assets Under Management
Net assets of ProShares UltraShort Russell 2000 by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $50.89M |
| 2026-02-28 | $55.39M |
| 2025-11-30 | $38.33M |
| 2025-08-31 | $34.63M |
| 2025-05-31 | $46.08M |
| 2025-02-28 | $49.85M |
| 2024-11-30 | $47.64M |
| 2024-08-31 | $42.04M |
| 2024-05-31 | $71.57M |
| 2024-02-29 | $60.45M |
| 2023-11-30 | $80.60M |
| 2023-08-31 | $112.44M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.