(DXD) ProShares UltraShort Dow30 - Overview

ETF Category: Trading--Inverse Equity | Exchange: NYSE ARCA (USA) | Market Cap: 48m USD | Total Return: -28.3% in 12m

Inverse ETFs, Leveraged Derivatives, Index Swaps, Futures Contracts
Total Rating 44
Safety 82
Buy Signal 0.52
Trading--Inverse Equity
Category Rotation: +26.0
TER: 0.95%
AUM: 47.5M
Avg Turnover: 37.2M
Risk 3d forecast
Volatility28.1%
VaR 5th Pctl4.76%
VaR vs Median-5.90%
Reward TTM
Sharpe Ratio-1.40
Rel. Str. IBD11.5
Rel. Str. Peer Group61.4
Character TTM
Beta-1.535
Beta Downside-1.687
Hurst Exponent0.528
Drawdowns 3y
Max DD56.86%
CAGR/Max DD-0.37
CAGR/Mean DD-0.62

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: DXD ProShares UltraShort Dow30

ProShares UltraShort Dow30 (DXD) is an inverse leveraged exchange-traded fund designed to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the Dow Jones Industrial Average. The fund focuses on a price-weighted index of 30 prominent U.S. blue-chip companies, intentionally excluding the utility and transportation sectors to maintain a focus on industrial and consumer-oriented giants.

The funds business model relies on financial derivatives, such as swap agreements and futures contracts, to achieve its short exposure rather than holding direct equity positions. Because the fund rebalances daily to maintain its -2x leverage target, it is primarily utilized as a short-term tactical tool for hedging or speculating against declines in the broader industrial market. Investors can utilize ValueRay to further analyze the historical volatility and decay risks associated with leveraged inverse products. Standard inverse ETFs typically experience volatility drag in sideways markets, making them less suitable for long-term buy-and-hold strategies compared to traditional long-only funds.

Headlines to Watch Out For
  • Dow Jones Industrial Average decline triggers 2x inverse daily returns
  • Compounding effects create tracking error during extended periods of market volatility
  • Rising U.S. interest rates pressure blue-chip valuations and industrial sector performance
  • Corporate earnings misses among top thirty constituents drive leveraged price appreciation
  • High daily turnover increases internal transaction costs and reduces long-term fund performance
What is the price of DXD shares?

As of June 07, 2026, the stock is trading at USD 18.28 with a total of 3,545,744 shares traded.
Over the past week, the price has changed by +0.44%, over one month by -6.11%, over three months by -11.07% and over the past year by -28.30%.

Is DXD a buy, sell or hold?

ProShares UltraShort Dow30 has no consensus analysts rating.