ProShares UltraShort Industrials
DThis 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.
$18.63+0.10 (+0.56%)
- 6.92%
- $7M
- −21.9%
- 3.28%
- 0M sh
- $18.52
- low $15.05high $25.38
The ETF.net SIJ Grade
D
Score 25 out of 100
- 46 of 54
Score 25 of 100 falls in the D 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.F9 out of 100Rank 49 of 54Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 34 of 53Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 37 of 54Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C51 out of 100Rank 26 of 54
Our read on SIJ
DA 2007-vintage way to lean against factories, freight and machinery: SIJ aims for twice the inverse of the S&P Industrials Select Sector Index's daily move, and it resets that math every single day.
SIJ seeks, before fees and expenses, daily investment results equal to twice the inverse of the S&P Industrials Select Sector Index’s daily performance. It is intended to gain when the industrials sector declines.
Why people hold it
- One ticker does the work: it aims to deliver twice the inverse of the industrials index's daily return, with no margin account or borrowed shares on your end.proshares.com
- Launched in 2007, it is part of the original ProShares leveraged and inverse lineup and has traded through multiple market cycles since.
- The mandate is plainly stated: a daily objective tied to a widely followed industrials benchmark, published by the issuer.proshares.com
Worth knowing
- At a 6.92% expense ratio, it sits among the most expensive options in the leveraged and inverse group, and that cost accrues every day the position is held.
- The daily reset compounds. Hold past one day and results can drift meaningfully from -2x the index's move over that stretch, especially in choppy markets.proshares.com
- Small asset base and thin trading, so bid-ask spreads and limit orders carry more weight here than with a headline index fund.
SIJ Holdings
- Stocks
- 1
- 100%
- Net Other Assets (Liabilities)
SIJ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SIJ$7,814
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 | SIJ |
|---|---|
| Year to date | −16.7% |
| 1 month | +3.9% |
| 3 months | +16.5% |
| 1 year | −21.9% |
| 3 years | −27.8% |
| 5 years | −18.3% |
| 10 years | −26.9% |
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 | SIJ |
|---|---|---|
| 2026 YTD | −16.7% | |
| 2025 | −29.3% | |
| 2024 | −21.7% | |
| 2023 | −24.2% | |
| 2022 | +18.2% | |
| 2021 | −34.3% | |
| 2020 | −54.1% |
SIJ in the news
SIJ Dividends
- 3.28%
- $0.61
- $0.13 per share
- Quarterly
Distribution history
SIJ 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.
- 31.9%
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.
- −1.00
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.
- −78.9%
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.
- −1.77
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SIJ Cost
6.92%
SIJ6.92%
- The middle half of Leveraged Inverse (2x & Other) funds
- Median 1.44%
47 of the 53 Leveraged Inverse (2x & Other) funds charge less.
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