ProShares UltraShort Industrials
$18.14−0.05 (−0.29%)
- Expense ratio
- 6.92%
- Fund size
- $7M
- 1Y return
- −19.8%
- Yield · Last 12 months
- 4.31%
- Holdings
- 8
- Volume · 30D
- 0M sh
- NAV per share
- $18.54
- 52W range
The ETF.net SIJ Grade
Score 24 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 9Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 40Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 32Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 51Category rank
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
- 8
- 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.
Returns run to the Sep 22, 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 | −18.1% |
| 1 month | +12.0% |
| 3 months | +14.0% |
| 1 year | −19.8% |
| 3 years | −28.5% |
| 5 years | −18.5% |
| 10 years | −26.6% |
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 | SIJ |
|---|---|---|
| 2026 YTD | −18.1% | |
| 2025 | −29.3% | |
| 2024 | −21.7% | |
| 2023 | −24.2% | |
| 2022 | +18.2% | |
| 2021 | −34.3% | |
| 2020 | −54.1% |
SIJ in the news
ETF.net Research hasn’t filed on SIJ yet — coverage lands here as it’s written.
SIJ Dividends
- 4.31%
- $0.79
- $0.12 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 30, 2026 | $0.12 |
| Mar 25, 2026 | Mar 31, 2026 | $0.05 |
| Dec 24, 2025 | Dec 31, 2025 | $0.29 |
| Sep 24, 2025 | Sep 30, 2025 | $0.32 |
| Jun 25, 2025 | Jul 1, 2025 | $0.36 |
| Mar 26, 2025 | Apr 1, 2025 | $0.25 |
| Dec 23, 2024 | Dec 31, 2024 | $0.58 |
| Sep 25, 2024 | Oct 2, 2024 | $0.44 |
| Jun 26, 2024 | Jul 3, 2024 | $0.56 |
| Mar 20, 2024 | Mar 27, 2024 | $0.43 |
| Dec 20, 2023 | Dec 28, 2023 | $0.74 |
| Sep 20, 2023 | Sep 27, 2023 | $0.68 |
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.
- 32.5%
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.
- −0.94
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
- The middle half of Leveraged Inverse (2x & Other) funds
- Median 1.44%
47 of the 53 Leveraged Inverse (2x & Other) funds charge less.