ProShares UltraShort Russell2000 (TWM)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
25.02 USD
-1.12
(-4.285%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 25.05 +0.03 (0.129%) ⇧ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 3:54 p.m. EDT
TWM is a leveraged ETF that tracks the inverse of the Russell 2000 index, making it a high-risk, high-reward instrument. The recent price history shows a volatile trend, with sharp declines and rebounds, which is typical for leveraged ETFs. The dividend yield is relatively high, which is attractive for income-focused investors, but the high volatility makes it unsuitable for long-term holding. Given the mixed options activity and the forecast indicating a slight downward trend, short-term traders might consider a short-term bearish strategy, but the high risk should be carefully managed. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.048933 |
| AutoETS | 0.048933 |
| MSTL | 0.053279 |
| AutoTheta | 0.094328 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 12.77 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.234 |
| Excess Kurtosis | -0.88 |
| Attribute | Value |
|---|---|
| Forward P/E | 312.75 |
As of April 11, 2026, 3:54 p.m. EDT: The options activity indicates mixed sentiment. Calls show a concentration of open interest and volume around strikes slightly above the current price, suggesting some bullish speculation. However, puts have significant open interest and volume at strikes below the current price, indicating bearish sentiment. The high implied volatility (IV) and volume suggest market uncertainty, with traders potentially anticipating a range-bound or volatile price movement. The presence of large open interest at both calls and puts implies a potential for a sharp move in either direction.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.48% | 4.14% | 5.00% | 3.14% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-25 | 0.145 | 0.480132 |
| 2025-12-24 | 0.367 | 1.216094 |
| 2025-09-24 | 0.425 | 1.273980 |
| 2025-06-25 | 0.506 | 1.165432 |
| 2025-03-26 | 0.418 | 0.858985 |
| 2024-12-23 | 0.791 | 1.882423 |
| 2024-09-25 | 0.850 | 1.933932 |
| 2024-06-26 | 0.690 | 1.302454 |
| 2024-03-20 | 0.430 | 0.864890 |
| 2023-12-20 | 1.170 | 2.135311 |
| 2023-09-20 | 0.635 | 0.948919 |
| 2023-06-21 | 0.590 | 0.941372 |
| 2023-03-22 | 0.355 | 0.484785 |
| 2022-12-22 | 0.145 | 0.200319 |
| 2020-03-25 | 0.420 | 0.113053 |
| 2019-12-24 | 0.740 | 0.346178 |
| 2019-09-25 | 0.980 | 0.388664 |
| 2019-06-25 | 1.280 | 0.477716 |
| 2019-03-20 | 0.720 | 0.272266 |
| 2018-12-26 | 1.180 | 0.327011 |
| 2018-09-26 | 0.720 | 0.308416 |
| 2018-06-20 | 0.620 | 0.268437 |
| 2018-03-21 | 0.480 | 0.175372 |
| 2017-12-26 | 0.160 | 0.054948 |
| 2008-12-23 | 8023.680 | 41.424907 |
| 2008-09-24 | 64.960 | 0.470224 |
| 2008-06-24 | 55.040 | 0.370349 |
| 2008-03-25 | 81.280 | 0.528066 |
| 2007-12-20 | 140.480 | 1.031372 |
| 2007-09-25 | 152.320 | 1.179198 |
| 2007-06-26 | 154.880 | 1.236681 |
| Attribute | Value |
|---|---|
| All Time High | 57,804.8 |
| All Time Low | 9.53 |
| Ask | 25.09 |
| Ask Size | 2,100 |
| Average Daily Volume10 Day | 833,420 |
| Average Daily Volume3 Month | 913,477 |
| Average Volume | 913,477 |
| Average Volume10Days | 833,420 |
| Beta3 Year | -2.6 |
| Bid | 25.06 |
| Bid Size | 100 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.54 |
| Day Low | 24.6829 |
| Dividend Yield | 4.65 |
| Eps Forward | 0.08 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.213 |
| Fifty Day Average Change | -4.192999 |
| Fifty Day Average Change Percent | -0.14353195 |
| Fifty Two Week Change Percent | -59.19765 |
| Fifty Two Week High | 62.43 |
| Fifty Two Week High Change | -37.41 |
| Fifty Two Week High Change Percent | -0.5992311 |
| Fifty Two Week Low | 24.68 |
| Fifty Two Week Low Change | 0.34000015 |
| Fifty Two Week Low Change Percent | 0.013776343 |
| Fifty Two Week Range | 24.68 - 62.43 |
| First Trade Date Milliseconds | 1,169,735,400,000 |
| Five Year Average Return | -0.1647751 |
| Forward P E | 312.75 |
| Full Exchange Name | NYSEArca |
| 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 Daily Target. The index is designed to measure the performance of the small-cap segment of the U.S. markets. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified. |
| Long Name | ProShares UltraShort Russell2000 |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_32335989 |
| Nav Price | 25.037 |
| Net Assets | 60,552,240.0 |
| Net Expense Ratio | 0.95 |
| Open | 25.41 |
| Post Market Change | 0.03229904 |
| Post Market Change Percent | 0.12909289 |
| Post Market Price | 25.0523 |
| Post Market Time | 1,776,470,358 |
| Previous Close | 26.14 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.12 |
| Regular Market Change Percent | -4.28462 |
| Regular Market Day High | 25.54 |
| Regular Market Day Low | 24.6829 |
| Regular Market Day Range | 24.6829 - 25.54 |
| Regular Market Open | 25.41 |
| Regular Market Previous Close | 26.14 |
| Regular Market Price | 25.02 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 1,627,958 |
| Short Name | ProShares UltraShort Russell200 |
| Source Interval | 15 |
| Symbol | TWM |
| Three Year Average Return | -0.28116038 |
| Total Assets | 60,552,240 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -2.59997 |
| Trailing Three Month Returns | -2.59997 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.08085 |
| Two Hundred Day Average Change | -8.060848 |
| Two Hundred Day Average Change Percent | -0.24367115 |
| Type Disp | ETF |
| Volume | 1,627,958 |
| Yield | 0.0465 |
| Ytd Return | -2.59997 |