# ProShares UltraShort Russell2000 (0KR4)

**Source:** https://fundology.uk/fund/0kr4 · ISIN US74347G1682 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 06/10/2026, 0KR4 (ProShares UltraShort Russell2000, ISIN US74347G1682) closed at $23.34 on the London Stock Exchange. Its ongoing charge is 0.95% a year (about £95 on £10,000). Over the five years to 06/10/2026 its total return was −59.3%, or −68.2% after UK CPIH inflation.

## Summary

ProShares UltraShort Russell2000 is an exchange-traded fund (ETF) from ProShares, launched in 2007. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.95% a year — about £95 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

> This fund is domiciled outside the UK and EU and does not publish the key information document UK rules require, so most UK platforms do not offer it to retail investors. It is shown for reference.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **$23.34** (06/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0KR4 |
| ISIN | US74347G1682 |
| Category | Leveraged & inverse |
| Type | ETF |
| Provider | ProShares |
| Tracks | Russell 2000 |
| Income | Distributing |
| Ongoing charge | 0.95% a year (£95 per £10,000) |
| Fund size | £37.0m |
| Launched | 2007 |
| Domicile | United States |

## Past returns (periods to 06/10/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -25.53% | -27.87% | income reinvested |
| 3 years | -69.68% | -72.64% | income reinvested |
| 5 years | -59.35% | -68.22% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 36.68% | -46.62% |
| 3 years | 43.98% | -77.45% |

## Largest fall

Volatility of ProShares UltraShort Russell2000 in pounds, annualised from weekly returns to 05/10/2026: 36.7% over 1 year, 44.0% over 3 years. Largest fall in the price of ProShares UltraShort Russell2000 since November 2023, in pounds: −77.4% from 10/11/2023 to 14/08/2026. On 05/10/2026 the price of ProShares UltraShort Russell2000 was 73.6% below its highest weekly close since November 2023 (10/11/2023), in pounds.

## Charges compared with similar funds

Ongoing charge of ProShares UltraShort Russell2000 0.95% a year, as of 06/10/2026: 152 of the 260 other leveraged and inverse products charge more, 1 the same and 107 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.95%** per year
- ISA eligible: no
- SIPP eligible: no

## Questions people ask

**What is the ongoing charge of 0KR4?**

The ongoing charge of 0KR4 is 0.95% a year — about £95 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of ProShares UltraShort Russell2000 0.95% a year, as of 06/10/2026: 152 of the 260 other leveraged and inverse products charge more, 1 the same and 107 less (share classes counted once).

**What does 0KR4 track?**

0KR4 tracks the Russell 2000.

**Is 0KR4 accumulating or distributing?**

0KR4 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of 0KR4?**

The ISIN of 0KR4 is US74347G1682. An ISIN identifies one exact share class of a fund; 0KR4 is its ticker on the London Stock Exchange.

**How has 0KR4 done after inflation?**

Over the five years to 06/10/2026 0KR4’s total return was −59.3%, or −68.2% after UK CPIH inflation. Past performance is not a guide to future returns.

---

We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments.

Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.