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SDOWProShares UltraPro Short Dow30

Take a bet16y track recordRanked #73 of 775 in this goal

Seeks daily investment results equal to -3x the daily performance of the Dow Jones Industrial Average.

By ProShares · Launched 2010

Annual Cost

0.95%

#4,695 of 5,573 · expensive

Fund Size

$177M

#2,397 of 5,573 · mid-size

Return (1Y)Goal

-44.3%

Track Record

16 years

#753 of 5,573 · established

Performance

Total-return NAV · USD
Growth of $10,000
$5,825-41.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

Index tracked

Dow Jones Industrial Average

What it actually holds

By weight

Concentration

Top 10 holdings = 124.0% of fundconcentrated

United States of America
26.7%
Repurchase Agreement
23.3%
United States of America
21.4%
Repurchase Agreement
16.2%
Repurchase Agreement
14.1%
Repurchase Agreement
5.6%
Repurchase Agreement
5.6%
Repurchase Agreement
4.2%
Repurchase Agreement
4.2%
Repurchase Agreement
2.7%

Asset allocation

Cash
139.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
37.2%High

Year-on-year price swings

Max drawdown
-99.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.86Below average
Sortino (3Y)
-1.16Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results equal to -3x the daily performance of the Dow Jones Industrial Average.
Strategy
Invests primarily in financial instruments to achieve -3x daily exposure to the Dow Jones Industrial Average. Uses derivatives like swaps and futures, rebalancing daily to maintain target exposure.
Inception date
February 9, 2010
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Inverse
Warning

Inverse ETF — daily tool only

Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.

Source: Cheng & Madhavan (2009)

Why we flagged this: strategy=inverse + inverse_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-20