ProShares - UltraPro 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.
$25.04+0.26 (+1.05%)
- 0.97%
- $147M
- −32.0%
- 4.80%
- 4M sh
- $24.78
- low $21.13high $38.37
The ETF.net SDOW Grade
A
Score 86 out of 100
- 1 of 14
Score 86 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.A99 out of 100Rank 1 of 14Mission
Whether the fund did what it promised, tested against its stated mandate.A76 out of 100Rank 4 of 4Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A75 out of 100Rank 2 of 14Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A80 out of 100Rank 2 of 14Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F0 out of 100Rank 2 of 2Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B66 out of 100Rank 2 of 14
Our read on SDOW
AWall Street's most famous index, geared into a stopwatch trade. SDOW aims for three times the inverse of the Dow's daily move and resets every day, making it the most levered short-Dow rung ProShares offers.
SDOW seeks daily investment results, before fees and expenses, corresponding to three times the inverse of the daily performance of the Dow Jones Industrial Average.
Why people hold it
- Costs 0.97% a year, under the typical leveraged or inverse fund and under ProShares' own gentler Dow bears, DOG (-1x) and DXD (-2x).proshares.com
- Actively traded, which matters a lot when the whole thesis lasts one session and you need to get out at a fair price.
- Live since 2010 under the same daily mandate, and one of the stronger implementations in its leveraged and inverse peer group.
Worth knowing
- Daily reset: hold past a day and results can drift well away from three times the Dow's move over that stretch, especially in choppy markets.proshares.com
- That 0.97% accrues every day you hold, whether the Dow falls, rises, or goes nowhere.
- Triple inverse leverage on a narrow blue-chip index sits at the high-volatility end of the ETF shelf; moves against you compound fast.
SDOW Holdings
- Stocks
- 9
- 115%
- IQMM
Sectors
- Financials100.0%
Geography
- United States100.00%
SDOW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SDOW$6,798
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 | SDOW |
|---|---|
| Year to date | −20.3% |
| 1 month | +4.8% |
| 3 months | +5.4% |
| 1 year | −32.0% |
| 3 years | −34.5% |
| 5 years | −25.1% |
| 10 years | −37.6% |
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 | SDOW |
|---|---|---|
| 2026 YTD | −20.3% | |
| 2025 | −33.9% | |
| 2024 | −25.9% | |
| 2023 | −28.9% | |
| 2022 | +4.0% | |
| 2021 | −49.0% | |
| 2020 | −66.5% |
SDOW in the news
SDOW Dividends
- 4.80%
- $1.19
- $0.29 per share
- Quarterly
Distribution history
SDOW 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.
- 34.7%
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.
- −1.12
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.
- −85.1%
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.
- −2.46
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SDOW Cost
0.97%
SDOW0.97%
- The middle half of 3x Leveraged Inverse funds
- Median 1.05%
No 3x Leveraged Inverse fund charges less.
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