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URTY

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Analysis and statistics

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About

URTY.US is the ticker symbol for the ProShares UltraPro Russell2000 ETF. It's designed to deliver three times (3x) the daily performance of the Russell 2000 Index, a benchmark for small-cap U.S. stocks. This ETF uses leverage, meaning it aims to amplify both gains and losses relative to the index it tracks, and is therefore considered a high-risk, short-term investment vehicle.
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Factors

URTY.US is a leveraged ETF tracking the Russell 2000 index. Russell 2000 Performance: URTY amplifies the daily returns of the Russell 2000. If the Russell 2000 rises, URTY should rise more, and vice versa.

Leverage: URTY's 3x leverage magnifies price swings, making it more volatile and responsive to market movements.

Interest Rates: Daily rebalancing of the leveraged position involves borrowing, making URTY sensitive to short-term interest rate changes.

Market Sentiment: Overall investor confidence and risk appetite heavily influence small-cap stocks, impacting the Russell 2000 and, subsequently, URTY.

Expense Ratio & Management Fees: These costs reduce the overall return of the ETF.

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