ProShares UltraShort Dow30

10-Year Study

DXD.US · · US · ETF

Executive Summary: ProShares UltraShort Dow30 has compounded at -24.2% annually over the last 10 years, with a maximum drawdown of 93.8% and an annualized volatility of 36.1%.

1Y CAGR
-23.9%
3Y CAGR
-20.4%
5Y CAGR
-13.7%
10Y CAGR
-24.2%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
93.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.92
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-1.48
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
27.8%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · +7.1%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -44.6%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
20%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-3.0-0.310.9-9.0————————-2.3%
2025-8.13.59.03.2-7.4-7.70.3-5.8-3.1-4.3-0.6-1.0-21.1%
2024-1.6-3.7-3.611.4-4.1-1.3-7.6-3.0-3.03.4-13.712.2-16.1%
2023-5.39.3-3.7-4.37.4-7.8-6.05.38.23.4-15.3-8.5-18.8%
20226.66.1-5.89.4-2.213.3-12.67.619.4-23.9-11.19.07.1%
20213.4-7.0-13.0-5.6-4.7-0.3-3.0-3.18.4-11.37.2-11.0-35.2%
20201.621.24.1-22.7-10.3-6.1-5.9-14.13.18.5-21.5-6.4-44.6%
2019-13.5-7.3-0.1-4.613.9-12.8-1.92.0-3.9-1.1-7.5-3.2-35.3%
2018-10.56.76.3-0.8-2.61.2-8.7-4.7-3.510.0-4.217.43.1%
2017-1.1-9.61.2-2.7-1.4-3.4-5.1-1.2-3.9-8.4-7.7-4.0-38.6%
2016———-1.5-1.1-2.6-5.8-0.70.51.5-11.2-6.7-24.9%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 36.1%. The dominant macroeconomic risk driver is SHV.US, accounting for 58.1% of variance. Idiosyncratic stock-specific factors contribute 1.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019846.316281979045
2016-05-019740.32654803776
2016-06-019485.955530293064
2016-07-018940.115071199685
2016-08-018881.822423991203
2016-09-018929.51640807087
2016-10-019067.302131398601
2016-11-018055.1142893310935
2016-12-017514.573161802119
2017-01-017429.780754118461
2017-02-016719.661016528455
2017-03-016799.150989994565
2017-04-016613.6712825871655
2017-05-016518.283314427834
2017-06-016295.705183416443
2017-07-015977.742186898861
2017-08-015908.847773908425
2017-09-015680.973413985768
2017-10-015204.027367882824
2017-11-014801.271963681583
2017-12-014611.023478396847
2018-01-014128.166878060767
2018-02-014404.0827192148545
2018-03-014682.446553696997
2018-04-014645.239537233078
2018-05-014522.998106140522
2018-06-014576.031756275426
2018-07-014176.379005214939
2018-08-013981.8798851273696
2018-09-013842.2015433837782
2018-10-014224.817626048387
2018-11-014046.886673732442
2018-12-014752.80852162301
2019-01-014112.386784186893
2019-02-013812.986961410442
2019-03-013810.957826256388
2019-04-013635.834775032826
2019-05-014139.649797334697
2019-06-013608.2708045303702
2019-07-013540.6267607556574
2019-08-013612.3321774916167
2019-09-013470.044504456651
2019-10-013432.0152849104325
2019-11-013173.970725847086
2019-12-013073.509919802622
2020-01-013123.962162524418
2020-02-013786.664052164287
2020-03-013942.5072167712055
2020-04-013046.9791327960365
2020-05-012734.365110293114
2020-06-012566.4526249686633
2020-07-012414.9221482273924
2020-08-012073.639610703905
2020-09-012137.799375001551
2020-10-012319.363534145318
2020-11-011821.089850352834
2020-12-011703.6885581598535
2021-01-011762.3876529297734
2021-02-011639.5256912090667
2021-03-011426.565784934013
2021-04-011347.3860767819779
2021-05-011284.5914798662634
2021-06-011280.4959777204683
2021-07-011242.2712910263824
2021-08-011204.0497069854373
2021-09-011305.068990595238
2021-10-011157.634015999762
2021-11-011240.9061236444506
2021-12-011104.392488104428
2022-01-011177.0193928231909
2022-02-011248.8240944596544
2022-03-011176.4733258704184
2022-04-011287.5948481065127
2022-05-011259.7454335151076
2022-06-011427.1118518867854
2022-07-011248.0049940304953
2022-08-011342.7445076834101
2022-09-011603.212238849685
2022-10-011220.4286129154764
2022-11-011085.5531782337714
2022-12-011182.715863989615
2023-01-011120.0360652401082
2023-02-011223.7732730012087
2023-03-011179.085759814933
2023-04-011128.1681191220237
2023-05-011211.5612302392021
2023-06-011117.5725586463495
2023-07-011050.9679036737894
2023-08-011107.0266406209278
2023-09-011197.3945159985205
2023-10-011238.5419019511965
2023-11-011049.6120442512802
2023-12-01960.6713893184341
2024-01-01945.3877199470811
2024-02-01910.5728490546835
2024-03-01877.5140798399526
2024-04-01977.931448740447
2024-05-01938.2795416016143
2024-06-01926.176091699534
2024-07-01855.5566035628387
2024-08-01829.5067277930704
2024-09-01804.9647414497085
2024-10-01832.5783544024165
2024-11-01718.8847327126373
2024-12-01806.2523425031213
2025-01-01740.783258580077
2025-02-01766.7896972058746
2025-03-01835.6872128494517
2025-04-01862.5189572106899
2025-05-01798.6043025111633
2025-06-01737.1655650179581
2025-07-01739.2939850725153
2025-08-01696.7348919407963
2025-09-01675.1404260811505
2025-10-01645.9878971706286
2025-11-01642.3050478925537
2025-12-01636.0438938545129
2026-01-01617.1177096959152
2026-02-01615.5663831255383
2026-03-01682.5836909658186
2026-04-01621.4614240929704
Annual Return Matrix
YearAnnual Return
2017-0.386389169535872
20180.03074914796908801
2019-0.3533276365290926
2020-0.4456863317137876
2021-0.35176386387352554
20220.07091987380285492
2023-0.18774118233450077
2024-0.1607407574871863
2025-0.21111064077057173
2026-0.022926829268292592
Total Factor Risk
0.36147273282790726
VTI.US Exposure
0.10800293935528515
VEA.US Exposure
-0.0521391091053878
VWO.US Exposure
0.00520362028071469
QQQ.US Exposure
-0.0135211336600262
VTV.US Exposure
0.23367962041651508
IJR.US Exposure
0.016907403416222017
QUAL.US Exposure
0.024886965655319764
SHV.US Exposure
0.5811340894905007
TLT.US Exposure
-0.022448385628237862
LQD.US Exposure
0.053547896629213075
HYG.US Exposure
0.02991843658036719
GLD.US Exposure
0.0016548256953138217
USO.US Exposure
0.007295753370968361
VNQ.US Exposure
-0.021728690390260662
BTC-USD.CC Exposure
-0.002619913223054207
CPER.US Exposure
-0.002921165940691888
VIX.INDX Exposure
0.014761019293999915
UUP.US Exposure
0.008022825744726934
TIP.US Exposure
0.012206332006578953
Idiosyncratic Exposure
0.018156670011932947
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
52.7
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
36.1%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →4.39%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$3
Avg Yield on Cost
0.03%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$3.470.03%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-3.2%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-6.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
36.4% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
-1.72
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is ProShares UltraShort Dow30 a high-risk investment?

ProShares UltraShort Dow30 (DXD.US) has an annualized volatility of 36.1% and experienced a maximum drawdown of 93.8% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of DXD.US?

Over the past 10 years, DXD.US has generated a Compound Annual Growth Rate (CAGR) of -24.2%. It has had a positive return in 20% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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