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Upturn AI SWOT - About
ProShares UltraShort Technology (REW)
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Upturn Advisory Summary
08/14/2025: REW (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -51.58% | Avg. Invested days 17 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta -2.33 | 52 Weeks Range 7.40 - 17.02 | Updated Date 06/29/2025 |
52 Weeks Range 7.40 - 17.02 | Updated Date 06/29/2025 |
Upturn AI SWOT
ProShares UltraShort Technology
ETF Overview
Overview
ProShares UltraShort Technology (ticker: TWM) seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Technology Index. It is designed for investors seeking to profit from a short-term decline in technology stocks.
Reputation and Reliability
ProShares is a well-established issuer known for providing leveraged and inverse ETFs. They have a solid track record in the market.
Management Expertise
ProShares has a dedicated management team with experience in structuring and managing complex ETF products, including leveraged and inverse funds.
Investment Objective
Goal
To deliver two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Technology Index.
Investment Approach and Strategy
Strategy: The ETF employs a daily rebalancing strategy to achieve its -2x leverage target, utilizing derivatives and other investment techniques.
Composition The ETF primarily invests in financial instruments such as swaps, futures contracts, and options to achieve its leveraged inverse objective. It does not directly hold technology stocks.
Market Position
Market Share: TWM's market share is relatively small compared to broad-based technology ETFs.
Total Net Assets (AUM): 139877048
Competitors
Key Competitors
- TECS
- BITI
- SQQQ
Competitive Landscape
The competitive landscape includes other leveraged and inverse ETFs focusing on technology or broader market indices. TWM is a niche product offering a specific -2x inverse exposure to the Dow Jones U.S. Technology Index. Competitors like TECS and SQQQ have larger AUM, potentially reflecting broader appeal, and BITI focuses on bitcoin.
Financial Performance
Historical Performance: Historical performance is highly dependent on the daily performance of the Dow Jones U.S. Technology Index. Due to its leveraged and inverse nature, past performance is not indicative of future results.
Benchmark Comparison: The ETF's performance should be compared to two times the inverse of the Dow Jones U.S. Technology Index daily performance.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
The average trading volume is moderate, which may impact trading costs for large orders.
Bid-Ask Spread
The bid-ask spread varies depending on market conditions and trading volume, and it's crucial to consider this cost when trading.
Market Dynamics
Market Environment Factors
Factors influencing TWM include technology sector sentiment, interest rates, economic growth, and overall market volatility.
Growth Trajectory
Growth depends on investors seeking short-term hedging or speculative opportunities against technology stocks. Holdings and strategy remain largely consistent.
Moat and Competitive Advantages
Competitive Edge
TWM's competitive edge lies in its specific -2x inverse leverage to the Dow Jones U.S. Technology Index, providing a targeted tool for short-term traders. Its focus allows for precise exposure to technology downturns. It distinguishes itself by providing a leveraged inverse strategy tailored for the technology sector. This specificity caters to investors seeking to capitalize on short-term declines in the technology market.
Risk Analysis
Volatility
TWM is highly volatile due to its leveraged nature. Daily rebalancing and compounding effects can lead to significantly different results than expected over longer periods.
Market Risk
Market risk is high due to the leveraged exposure to the technology sector, which can be particularly sensitive to market fluctuations and economic conditions.
Investor Profile
Ideal Investor Profile
TWM is suitable for sophisticated investors with a high-risk tolerance who understand the complexities of leveraged and inverse ETFs and are seeking short-term tactical opportunities.
Market Risk
TWM is best for active traders and not suitable for long-term investors due to its daily rebalancing and potential for significant value erosion over time.
Summary
ProShares UltraShort Technology is a leveraged inverse ETF designed for short-term tactical plays against the technology sector. Its -2x leverage amplifies both gains and losses, making it a high-risk, high-reward investment. Suitable for experienced traders with a clear understanding of its mechanics, TWM is not a buy-and-hold investment. Its performance hinges on correctly anticipating short-term declines in the Dow Jones U.S. Technology Index.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ProShares
- Morningstar
- Yahoo Finance
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Investing in leveraged and inverse ETFs involves significant risks, including the potential loss of principal. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares UltraShort Technology
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The index is designed to measure the performance of information technology companies included in the S&P 500 Index. 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.
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