ITWO ETF — ProShares Russell 2000 High Income ETF

ProShares Russell 2000 High Income ETF (ITWO)

Updated October 2, 2026.

ITWO is an ETF that tracks the Russell 2000 Index. its distribution rate is 6.29%, its trailing-12-month yield is 7.46%, its expense ratio is 0.55%. Dividend Vision Distribution Safety Score™ is 71/100 (Generally safe). Total return is 35.1% over the past 2.1 years, 1.0 points behind IWM at 36.1%.

At the current 6.29% distribution rate, a $10,000 investment would generate approximately $629 per year, or $52.42 per month.

ITWO performance versus IWM

Price and return data through 2026-10-02.

Total return is 35.1% over the past 2.1 years, 1.0 points behind IWM at 36.1%. Over the past year its total return — price change plus distributions reinvested — is 18.5%. Its deepest 1-year drawdown was 9.8%.

ITWO key facts

Distribution Safety Score™

71 · Generally safe

Safety-Adjusted Yield

4.47%

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

01/23/2025

Expense ratio

0.55%

Distribution rate

6.29%

Distribution frequency

Monthly

Trailing yield

7.46%

Last close

$43.35 (as of 2026-10-02)

AUM

$186,394,851

Average volume

15100.0

Next dividend

$0.22724

Last ex-dividend date

10/01/2026

Next payment date

10/07/2026 (as of 2026-10-07)

Beta

1.2758

P/E ratio

16.3529

How Dividend Vision calculates yield and returns

Distribution rate (6.29%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (7.46%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares or company page; Index: Russell 2000 Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ITWO risks and drawbacks

Total return has trailed IWM over the available window. The deepest 1-year drawdown on record here is 9.8%.

Who may consider ITWO — and who may not

It is a weaker fit for investors whose main goal is matching IWM total return. This is educational context, not a recommendation to buy or sell.

Compare ITWO

ITWO vs similar funds:

• ITWO vs IWMI

Frequently asked questions

More securities from ProShares.