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ITWO - ETF AI Analysis
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ProShares Russell 2000 High Income ETF (ITWO)
Rating:55Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the year so far, with recent one- and three-month returns also trending positively.
Top Holdings With Strong Momentum
Several of the largest positions, such as Bloom Energy, Kratos Defense, and Hecla Mining, have delivered strong year-to-date performance, helping support the fund’s returns.
Broad Sector Diversification
Holdings are spread across many sectors—including health care, industrials, financials, technology, and others—which helps reduce the impact if any single industry struggles.
Negative Factors
Higher-Than-Average Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the return is used to cover fees instead of going to investors.
Heavy U.S. Market Focus
With the vast majority of assets in U.S. companies and very limited exposure to other countries, the ETF is highly tied to the performance of the U.S. market.
Small Fund Size
The relatively modest assets under management may lead to lower trading volume and potentially wider bid-ask spreads for investors.
ITWO vs. SPDR S&P 500 ETF (SPY)
AUM147.94M
RegionNorth America
Expense Ratio0.55%
Beta1.02
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. Volume27,918
30 Day Avg. Volume39,865
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
50.14Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering1901
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 Russell 2000 High Dividend Index, focusing on small-cap stocks that pay relatively high dividends. It owns many different businesses across sectors like health care, technology, and industrials, including names such as Bloom Energy and IonQ. Someone might consider this ETF to seek a mix of income from dividends and potential growth from smaller, fast-moving companies, while also getting diversification across many stocks. A key risk is that small-cap stocks can be very volatile, so the ETF’s price can rise and fall sharply with the 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
This small-cap, U.S.-focused ETF leans into niche growth stories rather than household names, with a noticeable tilt toward tech, industrials, and materials. Bloom Energy and Fabrinet have been rising steadily, helping power the fund’s recent momentum, while Nextracker and Sterling Infrastructure add more fuel with strong, growth-driven runs. On the flip side, Credo Technology and Guardant Health have been lagging, acting like a bit of sand in the gears. Coeur and Hecla Mining bring a more cyclical, metals-driven flavor, adding punch but also some volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Bloom Energy | 1.01% | $1.48M | $43.35B | 531.43% | 62 Neutral | |
| Fabrinet | 0.54% | $796.39K | $17.99B | 128.24% | 78 Outperform | |
| Credo Technology Group Holding Ltd | 0.54% | $792.64K | $21.71B | 139.45% | 77 Outperform | |
| Nextpower Inc | 0.52% | $766.41K | $17.76B | 170.01% | 78 Outperform | |
| Kratos Defense | 0.47% | $695.08K | $16.35B | 187.64% | 60 Neutral | |
| Echostar | 0.44% | $644.95K | $31.30B | 314.46% | 57 Neutral | |
| Coeur Mining | 0.38% | $567.56K | $12.96B | 234.82% | 69 Neutral | |
| Hecla Mining Company | 0.37% | $547.28K | $13.15B | 241.64% | 74 Outperform | |
| Sterling Infrastructure | 0.35% | $521.54K | $12.20B | 228.02% | 71 Outperform | |
| The Ensign Group | 0.35% | $517.14K | $12.19B | 67.23% | 78 Outperform |
ITWO Technical Analysis
Negative
―
Price Trends
41.30
Negative
40.12
Negative
38.09
Positive
Market Momentum
-0.47
Positive
40.80
Neutral
26.08
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ITWO, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 41.02, equal to the 50-day MA of 41.30, and equal to the 200-day MA of 38.09, indicating a neutral trend. The MACD of -0.47 indicates Positive momentum. The RSI at 40.80 is Neutral, neither overbought nor oversold. The STOCH value of 26.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ITWO.
ITWO Peer Comparison
Comparison Results
Performance Comparison
ITWO
ProShares Russell 2000 High Income ETF
39.80
7.68
23.91%
OUSM
OShares U.S. Small-Cap Quality Dividend ETF
―
―
―
GSSC
Goldman Sachs Activebeta U.S. Small Cap Equity ETF
―
―
―
JHSC
John Hancock Multifactor Small Cap ETF
―
―
―
BBSC
JPMorgan BetaBuilders U.S. Small Cap Equity ETF
―
―
―
SMDV
ProShares Russell 2000 Dividend Growers 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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