ProShares UltraShort Utilities (SDP)
SDP is a passive ETF by ProShares tracking the investment results of the Dow Jones U.S. Utilities Index (-200%). SDP launched on Jan 30, 2007 and has a 0.95% expense ratio.
ETF Info
US74347B7221
74347G721
Jan 30, 2007
North America (U.S.)
2x
Dow Jones U.S. Utilities Index (-200%)
Multi-Cap
Value
Expense Ratio
SDP has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares UltraShort Utilities, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ProShares UltraShort Utilities had a return of -0.78% year-to-date (YTD) and -28.76% in the last 12 months. Over the past 10 years, ProShares UltraShort Utilities had an annualized return of -21.46%, while the S&P 500 had an annualized return of 11.33%, indicating that ProShares UltraShort Utilities did not perform as well as the benchmark.
SDP
-0.78%
4.53%
-13.41%
-28.76%
-21.37%
-21.46%
^GSPC (Benchmark)
0.62%
-1.93%
5.98%
23.72%
12.67%
11.33%
Monthly Returns
The table below presents the monthly returns of SDP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 6.34% | -1.77% | -11.45% | -2.77% | -15.11% | 12.26% | -11.42% | -8.90% | -11.14% | 1.93% | -6.26% | 18.36% | -30.49% |
| 2023 | 4.07% | 12.05% | -8.69% | -3.32% | 13.48% | -2.64% | -4.18% | 13.59% | 12.98% | -3.11% | -9.30% | -3.41% | 18.71% |
| 2022 | 5.88% | 2.96% | -17.86% | 8.17% | -8.80% | 9.55% | -11.71% | -0.19% | 25.24% | -7.04% | -13.15% | 1.42% | -12.54% |
| 2021 | 0.39% | 11.84% | -18.85% | -7.64% | 4.03% | 3.31% | -7.53% | -7.51% | 12.42% | -9.77% | 2.73% | -17.03% | -33.14% |
| 2020 | -11.24% | 22.67% | -7.61% | -13.65% | -9.36% | 7.89% | -13.47% | 4.27% | -2.04% | -8.97% | -5.01% | -1.83% | -36.27% |
| 2019 | -7.78% | -7.00% | -4.96% | -1.69% | 1.73% | -6.23% | 0.61% | -8.95% | -7.89% | 1.90% | 4.31% | -6.21% | -35.71% |
| 2018 | 7.41% | 6.79% | -7.71% | -4.57% | 1.33% | -5.11% | -3.30% | -4.01% | 3.34% | -2.64% | -7.56% | 8.11% | -9.33% |
| 2017 | -2.04% | -10.57% | -0.12% | -0.57% | -8.26% | 4.92% | -3.51% | -6.77% | 5.41% | -7.74% | -4.89% | 11.88% | -22.03% |
| 2016 | -9.33% | -5.99% | -13.79% | 5.47% | -4.57% | -13.46% | 0.56% | 11.72% | -2.59% | -1.92% | 8.79% | -9.28% | -32.19% |
| 2015 | -4.60% | 11.99% | 1.30% | 0.03% | -1.86% | 13.67% | -11.01% | 6.80% | -5.63% | -2.92% | -0.48% | -4.02% | 0.47% |
| 2014 | -4.96% | -7.89% | -6.60% | -7.53% | 0.88% | -9.34% | 15.13% | -10.01% | 4.14% | -14.85% | 289.71% | -8.42% | 126.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SDP is 2, meaning it’s performing worse than 98% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares UltraShort Utilities (SDP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProShares UltraShort Utilities provided a 4.69% dividend yield over the last twelve months, with an annual payout of $0.78 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.78 | $0.78 | $0.71 | $0.12 | $0.00 | $0.05 | $0.30 | $0.02 |
Dividend yield | 4.69% | 4.66% | 2.84% | 0.56% | 0.00% | 0.13% | 0.52% | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares UltraShort Utilities. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.00 | $0.06 | $0.06 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.33 | $0.78 |
| 2023 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.29 | $0.71 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2019 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.02 | $0.30 |
| 2018 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares UltraShort Utilities. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares UltraShort Utilities was 93.42%, occurring on Nov 27, 2024. The portfolio has not yet recovered.
The current ProShares UltraShort Utilities drawdown is 92.23%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -93.42% | Sep 8, 2015 | 2279 | Nov 27, 2024 | — | — | — |
| -77.12% | Oct 13, 2008 | 731 | Sep 20, 2011 | 759 | Nov 14, 2014 | 1490 |
| -24.67% | Feb 8, 2007 | 66 | May 18, 2007 | 47 | Jul 26, 2007 | 113 |
| -21.08% | Mar 26, 2008 | 51 | Jun 5, 2008 | 40 | Aug 1, 2008 | 91 |
| -19.37% | Nov 17, 2014 | 43 | Jan 23, 2015 | 29 | Mar 6, 2015 | 72 |
Volatility
Volatility Chart
The current ProShares UltraShort Utilities volatility is 7.52%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.