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ETFs

ProShares UltraShort Industrials

SIJ
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jan 30, 2007
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$112,940
AUM
$2,793,858
Associated Index
S&P Industrials Select Sector Index
Inverse/Leveraged
Inverse (-2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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Derivatives offset
199.32%
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Net Other Assets (Liabilities)
100%
Invest with SIJ
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What is SIJ?

ProShares UltraShort Industrials seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Industrials Select Sector Index.

1M
3M
6M
YTD
1Y
3Y
Max
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SIJ
Performance Measures**

for the time period Feb 1, 2007 to Jan 16, 2026

Returns

1M Trailing Return: -10.5%

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

3M Trailing Return: -14.0%

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

Measures of Risk or Volatility

Max Drawdown: -99.9%

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

Standard Deviation: 59.0%

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: -0.22

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: -0.26

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

ETFs related toSIJ

ETFs correlated to SIJ include RWM, TZA, SRTY

SIJ
ProShares Trust - ProShares UltraShort Industrials -2x Shares
RWM
ProShares Trust - ProShares Short Russell2000 -1x Shares
TZA
Direxion Shares ETF Trust - Direxion Daily Small Cap Bear 3X Shares
SRTY
ProShares Trust - ProShares UltraPro Short Russell2000 -3x Shares
TWM
ProShares Trust - ProShares UltraShort Russell2000 -2x Shares
DOG
ProShares Trust - ProShares Short Dow30 -1x Shares
SDOW
ProShares Trust - ProShares UltraPro Short Dow30 -3x Shares
DXD
ProShares Trust - ProShares UltraShort Dow 30-2X Shares
SH
ProShares Trust - ProShares Short S&P500 -1x Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x 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 toSIJ

Layered Risk Algorithm - Primary Risk Appetite Test = European Financials ETF vs. Insurance ETF

Category

Macro regime-switching, multi-asset rotation, volatility timing, bond regime detection, commodity/currency overlays, inflation/stagflation filter

OOS Cumulative Return

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Project Shiny Christmas - Christmas 2023 Competition Entry

Category

Tactical sector rotation, RSI gating, leveraged 2x ETFs, volatility targeting, Treasuries momentum, UVXy hedge

OOS Cumulative Return

123.48%

Create your own algorithmic trading strategy with SIJ using Composer

FAQ

SIJ is a US Equities ETF. ProShares UltraShort Industrials seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Industrials Select Sector Index.

SIJ tracks the S&P Industrials Select Sector Index.

No, SIJ 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, SIJ 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 SIJ is 0.0685%. This is the percent change in the value of SIJ over the most recent 1-month period. The 3-month return on SIJ is 0.0524%. This is the percent change in the value of SIJ over the most recent 3-month period.

The standard deviation of SIJ for the past year is 0.3663%. 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 SIJ include UXI, DUSL, and SSO.

ETFs correlated to SIJ include RWM, TZA, and SRTY.

ETFs that are inversely correlated to SIJ include FIDU, VIS, and IYJ.

Yes, SIJ is a Inverse (-2x) ETF: This means that SIJ will try to match the performance of S&P Industrials Select Sector Index, but with 2x the returns.

Yes, SIJ is a Inverse (-2x) leveraged ETF: This means that SIJ will try to match the performance of S&P Industrials Select Sector 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.