UWM Performance — ProShares Ultra Russell2000
Data updated: 2026-08-14
UWM returned +34.29% year to date and +86.47% over one year to May 2026. Annualised returns are +29.70% over 3 years and +2.42% over 5 years. The fund beat its Trading - Leveraged category average: $100 invested three years ago grew to $218, against $173 for the category, and to $186 over one year, against $137. Volatility over the past three years was 41.05% a year. In the 12 months to May 2026 the fund lost a net $232.9M, and assets reached $249.16M.
UWM Growth of $100
What $100 invested in ProShares Ultra Russell2000 grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | UWM | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $186 | $137 |
| 3 years (Jun 2023 – May 2026) | $218 | $173 |
| 5 years (Jun 2021 – May 2026) | $113 | $155 |
| Since data start (Sep 2019 – May 2026) | $210 | $181 |
UWM Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +34.29% |
| 1 year | +86.47% |
| 3 years (annualised) | +29.70% |
| 5 years (annualised) | +2.42% |
UWM Annual Returns
Calendar-year total returns of ProShares Ultra Russell2000, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +34.29% |
| 2025 | +13.55% |
| 2024 | +11.48% |
| 2023 | +22.45% |
| 2022 | −43.67% |
| 2021 | +23.93% |
| 2020 | +16.52% |
| 2019 (Sep–Dec) | +24.11% |
UWM 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 | +10.3% | +0.9% | −10.7% | +25.0% | +8.1% | — | — | — | — | — | — | — |
| 2025 | +4.5% | −11.0% | −14.0% | −7.0% | +9.9% | +10.4% | +2.7% | +13.7% | +5.7% | +2.7% | +1.1% | −1.8% |
| 2024 | −8.4% | +10.5% | +6.5% | −14.3% | +9.4% | −2.5% | +20.1% | −4.3% | +0.6% | −3.6% | +21.8% | −16.6% |
| 2023 | +19.4% | −4.2% | −10.5% | −4.2% | −2.7% | +15.8% | +11.8% | −10.5% | −12.1% | −14.0% | +17.5% | +24.7% |
| 2022 | −18.9% | +1.5% | +1.7% | −19.4% | −1.0% | −16.8% | +21.1% | −4.9% | −19.2% | +21.8% | +3.3% | −13.5% |
| 2021 | +9.7% | +12.2% | +1.0% | +3.8% | −0.1% | +3.6% | −7.6% | +4.1% | −6.1% | +8.4% | −8.6% | +3.8% |
| 2020 | −6.6% | −16.7% | −45.0% | +25.5% | +11.9% | +5.4% | +5.1% | +11.3% | −7.2% | +3.7% | +39.2% | +17.6% |
| 2019 | — | — | — | — | — | — | — | — | +3.7% | +4.9% | +8.1% | +5.5% |
UWM Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 41.05%
- 3-year Sharpe ratio: 0.61 (vs 4.5% risk-free rate)
- Best month: +25.01% (Apr 2026)
- Worst month: −16.60% (Dec 2024)
UWM Fund Flows
Monthly money in and out of ProShares Ultra Russell2000, from SEC Form N-PORT.
- 12-month net flow: −$232.9M
- 12-month gross sales (incl. reinvestments): $188.0M
- Sales ÷ redemptions: 0.45×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.9M | $21.1M | −$18.2M |
| Apr 2026 | $8.4M | $30.2M | −$21.8M |
| Mar 2026 | $7.7M | $41.9M | −$34.2M |
| Feb 2026 | $26.6M | $39.5M | −$12.8M |
| Jan 2026 | $46.4M | $15.6M | $30.8M |
| Dec 2025 | $24.7M | $22.1M | $2.6M |
| Nov 2025 | $2.3M | $11.1M | −$8.9M |
| Oct 2025 | $14.1M | $21.7M | −$7.6M |
| Sep 2025 | $20.0M | $155.1M | −$135.0M |
| Aug 2025 | $15.1M | $27.8M | −$12.6M |
| Jul 2025 | $19.7M | $29.4M | −$9.7M |
| Jun 2025 | $0 | $5.5M | −$5.5M |
UWM Assets Under Management
Net assets of ProShares Ultra Russell2000 by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $249.16M |
| 2026-02-28 | $282.50M |
| 2025-11-30 | $242.90M |
| 2025-08-31 | $365.59M |
| 2025-05-31 | $309.29M |
| 2025-02-28 | $377.78M |
| 2024-11-30 | $585.12M |
| 2024-08-31 | $295.52M |
| 2024-05-31 | $203.15M |
| 2024-02-29 | $209.63M |
| 2023-11-30 | $169.86M |
| 2023-08-31 | $149.91M |
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.