ProShares Short Russell2000 (RWM)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
14.79 USD
+0.22
(1.510%)
⇧
(Oct. 16, 2026, 1:46 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 10:03 a.m. EDT
This instrument is a high-conviction tactical play for a continued downturn in small-cap equities, but it is structurally flawed as a long-term holding due to its inverse nature. The short-term outlook is bullish for the fund itself; the underlying Russell 2000 is in a confirmed multi-year decline with three consecutive years of negative returns, and options flow is screaming 'crash' on the underlying index. This creates a powerful tailwind for RWM over the coming weeks. However, the long-term rating is severely capped because the fund's performance is entirely dependent on the small-cap market continuing to fall. Investing here is a bet against the broader economy and corporate earnings growth, which historically tends to reverse eventually. While the yield is attractive, it is a reward for taking on the risk of being wrong about the market's bottom, not a sign of a quality business. The statistical forecast model also leans slightly negative, reinforcing the view that the underlying trend is still downward. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.017690 |
| AutoARIMA | 0.018002 |
| MSTL | 0.018154 |
| AutoTheta | 0.024859 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 61% |
| H-stat | 2.23 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.312 |
| Excess Kurtosis | -0.91 |
As of Oct. 10, 2026, 10:03 a.m. EDT: Speculators are overwhelmingly positioning for further declines in the underlying small-cap index, evidenced by massive open interest in out-of-the-money puts relative to calls. The call side shows minimal interest, with open interest concentrated near the money, while put open interest is heavily skewed toward deep out-of-the-money strikes (e.g., 25.00), indicating a bet on a significant drop in the underlying asset. This asymmetry confirms a strong bearish sentiment on the Russell 2000.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.66% | 3.23% | 4.36% | 3.25% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-23 | 0.094 | 0.662905 |
| 2026-06-24 | 0.140 | 1.040892 |
| 2026-03-25 | 0.064 | 0.400250 |
| 2025-12-24 | 0.179 | 1.122961 |
| 2025-09-24 | 0.132 | 0.786651 |
| 2025-06-25 | 0.204 | 1.065274 |
| 2025-03-26 | 0.136 | 0.675273 |
| 2024-12-23 | 0.298 | 1.596999 |
| 2024-09-25 | 0.284 | 1.480709 |
| 2024-06-26 | 0.289 | 1.370318 |
| 2024-03-20 | 0.258 | 1.258537 |
| 2023-12-20 | 0.350 | 1.626394 |
| 2023-09-20 | 0.270 | 1.133026 |
| 2023-06-21 | 0.241 | 1.043290 |
| 2023-03-22 | 0.147 | 0.588235 |
| 2022-12-22 | 0.096 | 0.388664 |
| 2020-03-25 | 0.050 | 0.099167 |
| 2019-12-24 | 0.138 | 0.376124 |
| 2019-09-25 | 0.146 | 0.365823 |
| 2019-06-25 | 0.182 | 0.443686 |
| 2019-03-20 | 0.107 | 0.262964 |
| 2018-12-26 | 0.128 | 0.270156 |
| 2018-09-26 | 0.140 | 0.370272 |
| 2018-06-20 | 0.095 | 0.252861 |
| 2018-03-21 | 0.042 | 0.102790 |
| 2017-12-26 | 0.028 | 0.066619 |
| 2008-12-23 | 98.288 | 35.107874 |
| 2008-09-24 | 0.564 | 0.188151 |
| 2008-06-24 | 0.464 | 0.152591 |
| 2008-03-25 | 0.696 | 0.225827 |
| 2007-12-20 | 1.320 | 0.460701 |
| 2007-09-25 | 2.668 | 0.965827 |
| 2007-06-26 | 2.588 | 0.957242 |
| Attribute | Value |
|---|---|
| All Time High | 504.48 |
| All Time Low | 13.16 |
| Ask | 14.81 |
| Ask Size | 204,300 |
| Average Daily Volume10 Day | 47,338,020 |
| Average Daily Volume3 Month | 27,928,175 |
| Average Volume | 27,928,175 |
| Average Volume10Days | 47,338,020 |
| Beta3 Year | -1.23 |
| Bid | 14.8 |
| Bid Size | 296,900 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 14.84 |
| Day Low | 14.5401 |
| Dividend Yield | 3.31 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 13.8758 |
| Fifty Day Average Change | 0.9141998 |
| Fifty Day Average Change Percent | 0.06588448 |
| Fifty Two Week Change Percent | -12.754494 |
| Fifty Two Week High | 17.8 |
| Fifty Two Week High Change | -3.0099993 |
| Fifty Two Week High Change Percent | -0.16910109 |
| Fifty Two Week Low | 13.16 |
| Fifty Two Week Low Change | 1.6300001 |
| Fifty Two Week Low Change Percent | 0.123860195 |
| Fifty Two Week Range | 13.16 - 17.8 |
| First Trade Date Milliseconds | 1,169,735,400,000 |
| Five Year Average Return | -0.0367265 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.22000027 |
| Fullday Change Percent | 1.5099539 |
| Fullday Price | 14.79 |
| Fund Family | ProShares |
| Fund Inception Date | 1,169,510,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. The fund is non-diversified. |
| Long Name | ProShares Short Russell2000 |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_32335886 |
| Nav Price | 14.7793 |
| Net Assets | 170,142,448.0 |
| Net Expense Ratio | 0.95 |
| Open | 14.55 |
| Previous Close | 14.57 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.22000027 |
| Regular Market Change Percent | 1.5099539 |
| Regular Market Day High | 14.84 |
| Regular Market Day Low | 14.5401 |
| Regular Market Day Range | 14.5401 - 14.84 |
| Regular Market Open | 14.55 |
| Regular Market Previous Close | 14.57 |
| Regular Market Price | 14.79 |
| Regular Market Time | 1,792,172,772 |
| Regular Market Volume | 63,923,298 |
| Short Name | ProShares Short Russell2000 |
| Source Interval | 15 |
| Symbol | RWM |
| Three Year Average Return | -0.1255735 |
| Total Assets | 170,142,448 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 9.00002 |
| Trailing Three Month Returns | 9.00002 |
| Triggerable | 1 |
| Two Hundred Day Average | 14.56975 |
| Two Hundred Day Average Change | 0.22025013 |
| Two Hundred Day Average Change Percent | 0.015116947 |
| Type Disp | ETF |
| Volume | 63,923,298 |
| Yield | 0.033099998 |
| Ytd Return | -10.19773 |