# ProShares UltraShort Russell2000 (TWM)

> Source: Nexqual · https://nexqual.com/TWM · data as of 2026-10-23 19:59 UTC · cite as "Nexqual, ProShares UltraShort Russell2000 (TWM), nexqual.com/TWM" · informational, not investment advice.

**Price:** USD 24.61 (+0.74% on the day) · last close of Oct 23, 2026; US market after hours, not a live price. Prev close 24.43 · day 24.53–25.02 · 52w 20.16–37.66 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -19.6% vs S&P 500 +14.4%; 5Y -54.5% vs S&P 500 +77.0%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -19.6% | -54.5% |
| S&P 500 (SPY) | +14.4% | +77.0% |
| Per year | -19.7% | -14.6% |
| Volatility (annualized) | 36.3% | 41.9% |
| Max drawdown | -44.8% (Nov 2025→Aug 2026) | -77.0% (Jun 2022→Aug 2026) |

## Peers
MZZ (ProShares UltraShort MidCap400) USD 6.58 +1.23% · DXD (ProShares UltraShort Dow30) USD 17.35 +2.54% · QID (ProShares UltraShort QQQ) USD 14.55 +0.11% · SKF (ProShares UltraShort Financials) USD 24.01 +2.69% · SMN (ProShares UltraShort Materials) USD 19.71 +1.26%

## More
Full page: https://nexqual.com/TWM · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 38.6% | ±8.7% |
| 2026-12-18 | 56 | 40.6% | ±12.7% |
| 2027-01-15 | 84 | 40.2% | ±15.5% |
| 2027-04-16 | 175 | 42.7% | ±22.9% |