ProShares Ultra Technology [ROM] Stock Forecast

With a new year comes the opportunity to make changes, and that's what ProShares has done by swapping benchmarks on 23 ETFs, largely focused on their inverse and leveraged strategies.

Plus, a pair of launches and a range of share splits from ProShares.

ROM: Best Near-Term Cap Gain Now Among Leveraged-Long ETFs Say Market-Maker Hedging Deals

TECL: Revisiting The High-Octane Levered Technology Play

ROM does not fare well during conditions of heightened volatility.

This year has witnessed historic twists and turns with the largest bull market turning into a bear market in March on the coronavirus outbreak, and then marking the fastest-ever recovery.

ProShares Ultra Technology ETF, listed under ROM, is the fund manager's big tech ETF. It provides 2x leverage to a market cap weighted basket of US big tech stalwarts.