(DOG) ProShares Short Dow30 - Overview
ETF Category: Trading--Inverse Equity | Exchange: NYSE ARCA (USA) | Market Cap: 109m USD | Total Return: -13.4% in 12m
Avg Turnover: 38.5M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The ProShares Short Dow30 (DOG) is an inverse exchange-traded fund designed to deliver the daily inverse performance of the Dow Jones Industrial Average. This strategy utilizes financial derivatives, such as swap agreements and futures contracts, to profit from declines in the underlying index.
The fund tracks a price-weighted index of 30 prominent U.S. blue-chip companies, purposefully excluding the utilities and transportation sectors. Because the fund resets daily to maintain its inverse exposure, it is primarily utilized as a short-term tactical tool or a hedge against market volatility rather than a long-term investment.
Investors can evaluate the specific risk metrics and historical tracking error of this ETF on ValueRay. This non-diversified fund remains highly sensitive to price movements in its limited basket of industrial and consumer-focused equities.
- Inverse correlation to Dow Jones Industrial Average price-weighted index performance
- Compounding effects from daily rebalancing during periods of high market volatility
- Rising federal funds rates pressure blue-chip stock valuations and dividend yields
- Corporate earnings contractions within the thirty constituent mega-cap industrial companies
- Shifts in institutional risk appetite toward defensive short-equity hedging instruments
As of June 07, 2026, the stock is trading at USD 22.37 with a total of 2,297,408 shares traded.
Over the past week, the price has changed by +0.22%,
over one month by -2.91%,
over three months by -5.09% and
over the past year by -13.37%.
ProShares Short Dow30 has no consensus analysts rating.