ITWO - ETF AI Analysis
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ProShares Russell 2000 High Income ETF (ITWO)
Rating:55Neutral
Price Target:―
Positive Factors
Strong Recent Overall Performance
The ETF has delivered solid gains so far this year and over the past month, showing positive recent momentum.
Many Top Holdings Are Performing Well
Several of the largest positions, especially in technology and related areas, have shown strong year-to-date performance, helping support the fund’s returns.
Broad Sector Diversification
The fund spreads its investments across many sectors, with meaningful weights in health care, technology, industrials, and financials, which helps reduce reliance on any single industry.
Negative Factors
Moderate Expense Ratio
The fund’s fee is not especially low, which can slightly reduce net returns over time compared with cheaper ETFs.
Short-Term Performance Bumpiness
The ETF’s three-month performance has been slightly negative, suggesting returns can be choppy over shorter periods.
Heavy U.S. Market Focus
With the vast majority of its holdings in U.S. companies, the fund offers limited geographic diversification and is highly tied to the U.S. market’s ups and downs.
ITWO vs. SPDR S&P 500 ETF (SPY)
AUM176.27M
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. Volume30,769
30 Day Avg. Volume30,908
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
51.20Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1895
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ITWO Summary
The ProShares Russell 2000 High Income ETF (ITWO) invests in smaller U.S. companies and follows the Cboe Russell 2000 Daily Covered Call Index. It focuses on small-cap stocks that pay higher dividends, aiming to give investors both income and growth potential. The fund holds a wide mix of sectors like health care, technology, and industrials, with companies such as Bloom Energy and Rambus in its top positions. Someone might consider ITWO for diversification beyond large, well-known stocks while seeking extra income. A key risk is that small-cap stocks can be more volatile and can go up and down more sharply than the overall market.
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
ITWO’s story is all about U.S. small caps with a tech-tilted engine under the hood. Rising names like Credo Technology, Fabrinet, Advanced Energy, and Rambus are doing much of the heavy lifting, helped by strong earnings and AI-related demand. Bloom Energy and IonQ add more growth flavor, though their rich valuations and losses mean the ride can be bumpy. On the weaker side, Coeur Mining and Echostar have been more mixed to lagging, occasionally putting a drag on returns. Overall, performance is driven by a cluster of nimble, higher-growth tech and industrial names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Bloom Energy | 1.34% | $2.38M | $65.28B | 1119.75% | 62 Neutral | |
| Credo Technology Group Holding Ltd | 0.76% | $1.35M | $35.98B | 319.38% | 77 Outperform | |
| Fabrinet | 0.65% | $1.15M | $25.80B | 237.27% | 78 Outperform | |
| Coeur Mining | 0.50% | $894.16K | $19.98B | 231.23% | 69 Neutral | |
| Nextpower Inc | 0.47% | $829.01K | $18.03B | 183.75% | 78 Outperform | |
| Echostar | 0.43% | $764.44K | $33.94B | 436.29% | 57 Neutral | |
| Rambus | 0.40% | $706.69K | $17.13B | 170.60% | 78 Outperform | |
| IonQ | 0.40% | $701.22K | $15.65B | 52.75% | 51 Neutral | |
| Sterling Infrastructure | 0.39% | $698.03K | $15.25B | 237.96% | 71 Outperform | |
| TTM Technologies | 0.39% | $684.23K | $15.47B | 610.90% | 77 Outperform |
ITWO Technical Analysis
Positive
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Price Trends
40.76
Positive
40.50
Positive
38.64
Positive
Market Momentum
0.89
Negative
65.41
Neutral
46.42
Neutral
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 42.30, equal to the 50-day MA of 40.76, and equal to the 200-day MA of 38.64, indicating a bullish trend. The MACD of 0.89 indicates Negative momentum. The RSI at 65.41 is Neutral, neither overbought nor oversold. The STOCH value of 46.42 is Neutral, 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
43.60
13.01
42.53%
GSSC
Goldman Sachs Activebeta U.S. Small Cap Equity ETF
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―
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OUSM
OShares U.S. Small-Cap Quality Dividend ETF
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BBSC
JPMorgan BetaBuilders U.S. Small Cap Equity ETF
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JHSC
John Hancock Multifactor Small Cap ETF
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EES
WisdomTree U.S. SmallCap Fund
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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.
DisclaimerThis 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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