ProShares Short Dow30
AThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$22.00+0.07 (+0.32%)
- 0.99%
- $106M
- −9.0%
- 3.16%
- 3.6M sh
- $21.92
- low $20.77high $25.12
The ETF.net DOG Grade
A
Score 77 out of 100
- 4 of 54
Score 77 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A75 out of 100Rank 13 of 54Mission
Whether the fund did what it promised, tested against its stated mandate.A98 out of 100Rank 3 of 9Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B69 out of 100Rank 10 of 53Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A92 out of 100Rank 2 of 54Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C43 out of 100Rank 14 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 6 of 54
Our read on DOG
AThe plain-vanilla short. DOG aims for the inverse of the Dow Jones Industrial Average's daily move, no leverage bolted on, and it has been running that same one-speed playbook since 2006.
DOG seeks daily investment results, before fees and expenses, that correspond to the inverse of the Dow Jones Industrial Average's daily performance.
Why people hold it
- One gear only: it targets the inverse of a single day's Dow move, with no multiplier stacked on top.proshares.com
- The 0.99% fee lands under the typical charge in its leveraged-and-inverse peer group, and under what DXD asks on the very same index.
- It has stayed tight to its stated daily target, one of the stronger implementations in a crowded inverse cohort.
- Live since 2006 and actively traded, so entering and exiting a short-term position is rarely the hard part.
Worth knowing
- The reset is daily. Hold longer and compounding takes over, so multi-day results can drift from a simple inverse of the Dow over the same stretch.proshares.com
- That 0.99% accrues every day the position is open, whether the Dow cooperates or not, so cost weighs more the longer the trade runs.
- Modest asset base next to the largest inverse funds, and the exposure is one index, short. No diversification is doing any work here.
DOG Holdings
- Stocks
- 2
- 100%
- IQMM
Sectors
- Financials100.0%
Geography
- United States100.00%
DOG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DOG$9,097
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DOG |
|---|---|
| Year to date | −4.8% |
| 1 month | +1.9% |
| 3 months | +2.6% |
| 1 year | −9.0% |
| 3 years | −9.4% |
| 5 years | −5.4% |
| 10 years | −10.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DOG |
|---|---|---|
| 2026 YTD | −4.8% | |
| 2025 | −8.4% | |
| 2024 | −5.6% | |
| 2023 | −7.1% | |
| 2022 | +5.7% | |
| 2021 | −19.2% | |
| 2020 | −20.4% |
DOG in the news
DOG Dividends
- 3.16%
- $0.69
- $0.17 per share
- Quarterly
Distribution history
DOG Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 11.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −1.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −37.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −0.83
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DOG Cost
0.99%
DOG0.99%
- The middle half of Leveraged Inverse (2x & Other) funds
- Median 1.44%
11 of the 53 Leveraged Inverse (2x & Other) funds charge less.
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- APSQProShares - Short QQQExpense ratio 1.00%1 year return −19.1%
- ARWMProShares - Short Russell2000Expense ratio 1.04%1 year return −12.9%
- BSARKTradr 1X Short Innovation Daily ETFExpense ratio 0.96%1 year return −13.2%