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ETFs

ProShares UltraShort Dow 30

DXD
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jul 11, 2006
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$12,916,997
AUM
$91,816,774
Associated Index
Dow Jones Industrial Average Index
Inverse/Leveraged
Inverse (-2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Derivatives offset
199.94%
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Net Other Assets (Liabilities)
72.79%
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TREASURY BILL
27.21%
Invest with DXD
Trade DXD Options

What is DXD?

ProShares UltraShort Dow30 seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average Index.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

DXD
Performance Measures**

for the time period Jul 13, 2006 to Dec 4, 2025

Returns

1M Trailing Return: -3.3%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -8.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -99.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 36.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -0.58

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.24

The annualized return divided by the max drawdown for the selected time period.

ETFs related toDXD

ETFs correlated to DXD include SDOW, DOG, SH

DXD
ProShares Trust - ProShares UltraShort Dow 30-2X Shares
SDOW
ProShares Trust - ProShares UltraPro Short Dow30 -3x Shares
DOG
ProShares Trust - ProShares Short Dow30 -1x Shares
SH
ProShares Trust - ProShares Short S&P500 -1x Shares
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x Shares
SPXS
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear -3X Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500
SPDN
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares
FAZ
Direxion Shares ETF Trust - Direxion Daily Financial Bear 3x Shares
TWM
ProShares Trust - ProShares UltraShort Russell2000 -2x Shares
TZA
Direxion Shares ETF Trust - Direxion Daily Small Cap Bear 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toDXD

CounterBalancer - LowMed R/R LBT

Category

Tactical asset allocation, risk-on/risk-off, leveraged ETFs, momentum, mean reversion, bonds vs stocks, volatility hedges

OOS Cumulative Return

345.86%

LBT | Monotonic Microblob-δ w/ BSC (Aug2015-Current)

Category

Tactical multi-asset, leveraged ETFs, long/short, trend + mean reversion, volatility trading, daily rotation

OOS Cumulative Return

269.11%

Create your own algorithmic trading strategy with DXD using Composer

FAQ

DXD is a US Equities ETF. ProShares UltraShort Dow30 seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average Index.

DXD tracks the Dow Jones Industrial Average Index.

No, DXD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DXD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DXD is 0.0098%. This is the percent change in the value of DXD over the most recent 1-month period. The 3-month return on DXD is 0.0004%. This is the percent change in the value of DXD over the most recent 3-month period.

The standard deviation of DXD for the past year is 0.2929%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DXD include TQQQ, SSO, and TNA.

ETFs correlated to DXD include SDOW, DOG, and SH.

ETFs that are inversely correlated to DXD include DDM, DIA, and UDOW.

Yes, DXD is a Inverse (-2x) ETF: This means that DXD will try to match the performance of Dow Jones Industrial Average Index, but with 2x the returns.

Yes, DXD is a Inverse (-2x) leveraged ETF: This means that DXD will try to match the performance of Dow Jones Industrial Average Index, but move 2x in the opposite direction.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.