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DOG vs REK

ProShares Short Dow30

DOGBNYSE Arca

ProShares Short Real Estate

REKBNYSE Arca

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

DOG0.95%REK0.95%

Avg volume · 30D

DOG 222.7×the volume

DOG4.77MREK21.4K

10Y return · a year

REK +4.5pt

DOG−11.0%REK−6.5%

DOG vs REK Performance

Nov 2, 2021 – Nov 2, 2026

−20.6%DOG+9.1%REK

Nov 2, 2021 to Nov 2, 2026. DOG −20.6%. REK +9.1%. Use the arrow keys to read each point.−10%0%20%30%Nov 2021May 2024Nov 2026
Expense ratio
DOG 0.95%
REK 0.95%
Fund size
DOG $115M
REK $10M
1Y total return
DOG −5.3%
REK −5.1%, better
Yield (12M)
DOG 3.16%, better
REK 2.89%
Holdings
DOG 3
REK 2
Avg volume (30D)
DOG 4.77M sh, better
REK 21.4K sh
NAV per share
DOG $22.02
REK $15.98
52W range

ETF.net Grade

DOG: Cost 50, Risk 66, Mission 97, Tradability 94, Holdings 43, Durability 69. REK: Cost 50, Risk 81, Mission not scored, Tradability 62, Holdings 47, Durability 54.
Pillar letters and Scores for DOG, REK, with each pillar’s weight
PillarDOGREK
Cost30% weightC50C50
Mission25% weightA97Not scored
Risk15% weightB66A81Higher
Tradability15% weightA94HigherB62
Holdings10% weightC43C47Higher
Durability5% weightB69HigherC54

Rank among Leveraged Inverse (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DOG and REK are both graded against the same 53 Leveraged Inverse (2x & Other) funds, so their Grades compare head to head.

Leveraged Inverse (2x & Other)⁠

Category · 53 funds
See all 53 ›

DOG ranks 1st and REK 8th of 53 funds in the Leveraged Inverse (2x & Other) Category.

  1. Rank 1BDOGProShares Short Dow30Score 65
  2. Rank 1BPSQProShares Short QQQScore 65
  3. Rank 7BEUOProShares UltraShort EuroScore 61
  4. Rank 8BREKProShares Short Real EstateScore 60
  5. Rank 9BEUMProShares Short MSCI Emerging MarketsScore 59

Our read on each fund

ETF.net Research

DOGBProShares Short Dow30

REKBProShares Short Real Estate

In short

DOG The plain-vanilla short on the Dow: DOG aims to deliver the inverse of the index's move each day, with no 2x or 3x bolted on. Running since 2006, and ProShares bills it as the only -1x ETF built on the Dow.

REK The calm way to lean against real estate: REK aims to deliver -1x the daily move of the S&P Real Estate Select Sector Index, with no extra leverage stacked on top. Fee is 0.95% net of a waiver through September 30, 2027.

Stated mandate

DOG DOG seeks daily investment results, before fees and expenses, that correspond to the inverse of the Dow Jones Industrial Average's daily performance.

REK The fund seeks daily investment results, before fees and expenses, that correspond to the inverse of the daily performance of the S&P Real Estate Select Sector Index.

Why people hold it

  • DOG 0.95% net of a waiver through September 30, 2027 (1.00% gross), which sits near the typical fee among leveraged and inverse funds.
  • Sticks close to its daily inverse target, one of the tighter implementations in its peer group.proshares.com
  • Actively traded for an inverse fund, so getting in and back out is rarely the hard part.
  • Live since 2006, so the mechanism has run through the financial crisis, 2020 and every tape since.
  • REK ProShares bills it as the only -1x ETF on the real estate sector, so the bearish tilt arrives without -2x or -3x daily math on top.proshares.com
  • 0.95% net of a waiver through September 30, 2027, matching ProShares stablemates DOG and PSQ (both 0.95% net of waivers through the same date) and near the category median.
  • Listed in March 2010, it has been a live, tradable short-real-estate ticker through more than a decade of rate shocks and office-market stress.
  • Scores in the upper tier of a crowded inverse and leveraged peer group, one of the steadier builds in a corner known for rough edges.

Worth knowing

  • DOG The target resets every day. Hold longer than a day and the result depends on the path the Dow takes, not just its direction.proshares.com
  • If the waiver lapses after September 30, 2027, the fee steps up toward the 1.00% gross figure.
  • The Dow is 30 price-weighted names, so this is a short on a narrow, old-school slice of the market rather than the broad tape.proshares.com
  • REK The -1x target resets every day. Hold it for weeks and compounding can pull your result away from -1x the index's path, most visibly in choppy markets.proshares.com
  • Small fund, light tape. Thin volume can widen the spread you pay getting in and out.
  • Gross expenses are 1.57%. That is the sticker price if the waiver is not renewed past September 30, 2027.

Full DOG profile⁠

Full REK profile⁠

DOG vs REK Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DOG vs REK Cost

Same expense ratio

$17,869

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DOG 0.95%

    $17,869

  • REK 0.95%

    $17,869

$10,000
30 years

Cost over time

  • DOG 0.95%
  • REK 0.95%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DOG $17,869REK $17,869

Year by year

YearDOGREK
10$1,678$1,678
20$6,322$6,322
30$17,869$17,869

Expense ratio

  • 0.95%DOG
  • 0.95%REK
  • Middle half of Leveraged Inverse (2x & Other) funds
  • Median 0.95%

DOG 6th cheapest of 53 funds

REK 6th cheapest of 53 funds

DOG vs REK Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
DOG 3.16%, better
REK 2.89%
Payout (12M)
DOG $0.69
REK $0.46
Last payment
DOG $0.17
REK $0.11
Ex-dividend
DOG Sep 23, 2026
REK Sep 23, 2026
Paid on
DOG Sep 29, 2026
REK Sep 29, 2026
Frequency
DOG Quarterly
REK Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DOGQuarterly · 26 paymentsAll DOG payments⁠
One bar per payment. 26 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.02; Mar 21, 2018 $0.06; Jun 20, 2018 $0.12; Sep 26, 2018 $0.16; Dec 26, 2018 $0.19; Mar 20, 2019 $0.17; Jun 25, 2019 $0.25; Sep 25, 2019 $0.20; Dec 24, 2019 $0.14; Mar 25, 2020 $0.06; Dec 22, 2022 $0.14; Mar 22, 2023 $0.20; Jun 21, 2023 $0.35; Sep 20, 2023 $0.39; Dec 20, 2023 $0.41; Mar 20, 2024 $0.32; Jun 26, 2024 $0.40; Sep 25, 2024 $0.36; Dec 23, 2024 $0.43; Mar 26, 2025 $0.18; Jun 25, 2025 $0.21; Sep 24, 2025 $0.21; Dec 24, 2025 $0.26; Mar 25, 2026 $0.10; Jun 24, 2026 $0.16; Sep 23, 2026 $0.17. Use the arrow keys to read each point.$0$0.502017202020232026YTD
REKQuarterly · 23 paymentsAll REK payments⁠
One bar per payment. 23 payments from 2017 to 2026 YTD. Sep 26, 2018 $0.04; Dec 26, 2018 $0.10; Mar 20, 2019 $0.08; Jun 25, 2019 $0.11; Sep 25, 2019 $0.08; Dec 24, 2019 $0.05; Mar 25, 2020 $0.02; Dec 22, 2022 $0.10; Mar 22, 2023 $0.13; Jun 21, 2023 $0.17; Sep 20, 2023 $0.22; Dec 20, 2023 $0.31; Mar 20, 2024 $0.19; Jun 26, 2024 $0.31; Sep 25, 2024 $0.29; Dec 23, 2024 $0.29; Mar 26, 2025 $0.15; Jun 25, 2025 $0.14; Sep 24, 2025 $0.15; Dec 24, 2025 $0.15; Mar 25, 2026 $0.08; Jun 24, 2026 $0.12; Sep 23, 2026 $0.11. Use the arrow keys to read each point.$0$0.502017202020232026YTD

DOG vs REK Risk

Fall from peak · 5 years

  • DOG
  • REK
Nov 2, 2021 to Nov 2, 2026. Worst fall: DOG −37.3% · Aug 2026. Use the arrow keys to read each point.−40%−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
DOG 11.7%, betterREK 16.5%
Return per unit of riskSharpe ratio, 3 years
DOG −1.21REK −0.62, better
Worst fallMax drawdown, 5 years
DOG −37.3%REK −26.9%, better
Market sensitivityBeta, 5 years
DOG −0.83REK −0.85

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