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ITWO - ETF AI Analysis
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ProShares Russell 2000 High Income ETF (ITWO)
Rating:59Neutral
Price Target:
$39.00
Positive Factors
Strong Recent Performance
The ETF has shown steady gains over the past three months, indicating positive momentum.
Broad Sector Diversification
The fund is spread across multiple sectors, including technology, health care, and industrials, reducing reliance on any single industry.
Reasonable Expense Ratio
With an expense ratio of 0.55%, the ETF offers competitive costs compared to many actively managed funds.
Negative Factors
High Geographic Concentration
Over 92% of the fund's exposure is in U.S. companies, limiting diversification across global markets.
Small Holdings Weight
The top holdings each represent less than 1% of the portfolio, which may dilute the impact of strong-performing stocks.
Limited Asset Base
The ETF has relatively low assets under management, which could lead to less liquidity and higher trading costs for investors.
ITWO vs. SPDR S&P 500 ETF (SPY)
AUM82.96M
RegionNorth America
Expense Ratio0.55%
Beta1.00
IssuerProShares
Inception DateSep 04, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedCboe Russell 2000 Daily Covered Call Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume17,249
30 Day Avg. Volume20,860
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
48.01Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1954
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ITWO Summary
The ProShares Russell 2000 High Income ETF (Ticker: ITWO) is an investment fund that focuses on small-cap companies in the U.S. These are smaller, often fast-growing businesses, and the ETF specifically includes companies that pay high dividends, offering a mix of growth and income. It tracks the Russell 2000 High Dividend Index, giving investors exposure to a wide range of industries like technology and healthcare. Some of its holdings include Bloom Energy and Credo Technology Group. This ETF might appeal to someone looking for diversification and the potential for higher returns from smaller companies. However, small-cap stocks can be more volatile, meaning their prices can rise or fall quickly.
How much will it cost me?The ProShares Russell 2000 High Income ETF (ITWO) has an expense ratio of 0.55%, which means you’ll pay $5.50 per year for every $1,000 invested. This is slightly higher than average because it is actively managed to focus on small-cap companies with high dividend yields, requiring more research and strategy compared to passively managed funds. Overall, it balances growth and income potential for investors.
What would affect this ETF?The ProShares Russell 2000 High Income ETF (ITWO) could benefit from a strong U.S. economy, as small-cap companies often thrive during periods of economic growth and innovation, particularly in sectors like technology and healthcare, which are heavily represented in this fund. However, rising interest rates or economic slowdowns could negatively impact small-cap stocks and dividend-paying companies, as borrowing costs increase and consumer spending declines. Regulatory changes or sector-specific challenges in industries like energy or financials may also influence the ETF's performance.
ITWO Top 10 Holdings
The ProShares Russell 2000 High Income ETF (ITWO) is leaning heavily on small-cap U.S. companies, with a notable focus on health care and financial sectors. Guardant Health is a rising star, delivering strong momentum despite financial challenges, while Bloom Energy’s growth potential is tempered by high leverage. IonQ and Kratos Defense are dragging the fund with mixed performance and valuation concerns, highlighting the volatility of small-cap stocks. Overall, the ETF’s sector diversity provides balance, but its reliance on niche players underscores the high-risk, high-reward nature of its strategy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | 0.69% | $576.14K | $23.09B | 191.12% | 71 Outperform | |
| Bloom Energy | 0.67% | $563.16K | $21.28B | 249.34% | 63 Neutral | |
| Fabrinet | 0.49% | $411.15K | $13.99B | 69.45% | 75 Outperform | |
| NEXTracker, Inc. Class A | 0.44% | $370.39K | $12.93B | 124.27% | 78 Outperform | |
| Guardant Health | 0.44% | $366.65K | $13.64B | 222.88% | 54 Neutral | |
| IonQ | 0.40% | $336.06K | $14.78B | 31.16% | 47 Neutral | |
| Kratos Defense | 0.40% | $335.88K | $11.67B | 159.63% | 61 Neutral | |
| BridgeBio Pharma | 0.37% | $309.97K | $13.13B | 178.06% | 55 Neutral | |
| The Ensign Group | 0.36% | $303.01K | $10.72B | 26.39% | 78 Outperform | |
| Madrigal Pharmaceuticals | 0.35% | $296.99K | $12.44B | 57.71% | 56 Neutral |
ITWO Technical Analysis
Positive
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Price Trends
39.21
Negative
38.04
Positive
35.63
Positive
Market Momentum
-0.45
Positive
44.24
Neutral
11.21
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ITWO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 38.96, equal to the 50-day MA of 39.21, and equal to the 200-day MA of 35.63, indicating a neutral trend. The MACD of -0.45 indicates Positive momentum. The RSI at 44.24 is Neutral, neither overbought nor oversold. The STOCH value of 11.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ITWO.
ITWO Peer Comparison
Comparison Results
Performance Comparison
ITWO
ProShares Russell 2000 High Income ETF
38.12
-0.11
-0.29%
FLQS
Franklin LibertyQ U.S. Small Cap Equity ETF
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STXK
Strive 2000 ETF
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FSCC
Federated Hermes MDT Small Cap Core ETF
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BKSE
BNY Mellon US Small Cap Core Equity ETF
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AFSM
First Trust Active Factor Small Cap ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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