ProShares UltraShort Dow30
BThis 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.
$17.67+0.13 (+0.74%)
- 1.06%
- $45M
- −21.0%
- 3.60%
- 1.9M sh
- $17.55
- low $15.75high $23.29
The ETF.net DXD Grade
B
Score 65 out of 100
- 10 of 54
Score 65 of 100 falls in the B 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.B63 out of 100Rank 20 of 54Mission
Whether the fund did what it promised, tested against its stated mandate.A99 out of 100Rank 2 of 9Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 23 of 53Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A85 out of 100Rank 5 of 54Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B56 out of 100Rank 6 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 10 of 54
Our read on DXD
BThe middle gear in ProShares' inverse Dow lineup: DXD aims for twice the opposite of the Dow's daily move. Running since 2006, it doubles the Dow's downside without stepping up to a triple.
DXD seeks daily, pre-expense returns equal to approximately twice the inverse of the Dow Jones Industrial Average's daily performance. It is designed to rise when the Index falls and decline when the Index rises.
Why people hold it
- At 1.06% a year it undercuts the typical leveraged or inverse fund, unusual for a product that rebuilds its exposure every single day.
- One job, stated plainly in the prospectus: about twice the inverse of the Dow's daily performance, before expenses. It has tracked that daily target closely.proshares.com
- Sits between DOG at -1x and SDOW at -3x on the same index, so the full Dow-inverse ladder lives under one issuer with one set of mechanics.
- Live since 2006 and actively traded, a long run for a leveraged fund and one of the sturdier implementations in its peer group.
Worth knowing
- The 2x target resets daily. Hold for weeks and compounding takes the wheel, so results can diverge sharply from twice the inverse of the Dow's move over that stretch.proshares.com
- Small asset base next to core index funds, which fits a vehicle built for short holding periods rather than buy-and-forget.
- The reference point is the Dow's 30 blue chips, not the broad market, so it can behave differently from an S&P 500 or Nasdaq-based position.
DXD Holdings
- Stocks
- 2
- 100%
- IQMM
Sectors
- Financials100.0%
Geography
- United States100.00%
DXD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DXD$7,903
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 | DXD |
|---|---|
| Year to date | −12.5% |
| 1 month | +3.3% |
| 3 months | +4.0% |
| 1 year | −21.0% |
| 3 years | −22.5% |
| 5 years | −15.1% |
| 10 years | −24.4% |
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 | DXD |
|---|---|---|
| 2026 YTD | −12.5% | |
| 2025 | −21.1% | |
| 2024 | −16.1% | |
| 2023 | −18.8% | |
| 2022 | +7.1% | |
| 2021 | −35.2% | |
| 2020 | −44.6% |
DXD in the news
DXD Dividends
- 3.60%
- $0.63
- $0.15 per share
- Quarterly
Distribution history
DXD 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.
- 23.4%
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.
- −68.7%
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.
- −1.66
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DXD Cost
1.06%
DXD1.06%
- The middle half of Leveraged Inverse (2x & Other) funds
- Median 1.44%
18 of the 53 Leveraged Inverse (2x & Other) funds charge less.
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