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ProShares UltraShort Financials (SKF)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347B7486

CUSIP

74347G713

Issuer

ProShares

Inception Date

Jan 30, 2007

Region

North America (U.S.)

Leveraged

2x

Index Tracked

DJ Global United States (All) / Financials -IND (-200%)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

SKF has a high expense ratio of 0.95%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SKF vs. UYG
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Performance

Performance Chart


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Returns By Period

ProShares UltraShort Financials (SKF) returned -14.28% year-to-date (YTD) and -36.75% over the past 12 months. Over the past 10 years, SKF returned -27.34% annually, underperforming the S&P 500 benchmark at 10.77%.


SKF

YTD

-14.28%

1M

-16.72%

6M

-8.90%

1Y

-36.75%

5Y*

-35.03%

10Y*

-27.34%

^GSPC (Benchmark)

YTD

0.08%

1M

9.75%

6M

-1.63%

1Y

12.74%

5Y*

15.66%

10Y*

10.77%

*Annualized

Monthly Returns

The table below presents the monthly returns of SKF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-11.65%-2.22%8.78%0.18%-8.94%-14.28%
2024-5.30%-6.90%-8.62%9.73%-5.09%1.20%-11.25%-7.78%0.78%-4.64%-18.36%12.81%-38.50%
2023-14.65%7.29%13.91%-5.57%9.46%-12.02%-8.37%6.22%7.26%5.57%-18.22%-10.19%-23.22%
20222.42%3.84%-4.29%16.84%-4.07%21.63%-15.08%6.05%20.42%-19.77%-12.37%11.18%17.64%
20214.30%-17.54%-10.38%-13.10%-5.90%1.91%-3.69%-6.16%4.77%-12.17%9.60%-10.59%-47.66%
20201.31%22.01%15.46%-23.80%-10.19%-4.55%-7.35%-8.61%6.46%3.40%-25.94%-10.53%-42.41%
2019-16.53%-5.37%1.35%-12.08%10.81%-9.89%-4.35%3.99%-6.02%-3.71%-6.53%-4.12%-43.30%
2018-8.42%3.55%4.84%-0.55%-0.70%1.22%-7.24%-3.92%3.78%10.36%-6.46%22.66%16.38%
2017-1.34%-9.14%4.27%0.14%1.50%-9.43%-3.42%1.93%-7.37%-4.62%-6.11%-2.79%-31.70%
201617.43%3.32%-14.20%-5.81%-5.20%4.76%-7.79%-6.55%3.53%-0.95%-16.06%-7.64%-33.28%
201511.17%-10.17%-0.34%0.53%-3.99%0.35%-6.80%12.55%3.98%-12.34%-4.13%3.41%-8.62%
20146.43%-7.07%-5.05%2.81%-3.39%-4.68%2.84%-7.72%1.97%-8.34%-4.75%-4.13%-27.97%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SKF is 1, meaning it’s performing worse than 99% 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.


The Risk-Adjusted Performance Rank of SKF is 11
Overall Rank
The Sharpe Ratio Rank of SKF is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of SKF is 11
Sortino Ratio Rank
The Omega Ratio Rank of SKF is 11
Omega Ratio Rank
The Calmar Ratio Rank of SKF is 33
Calmar Ratio Rank
The Martin Ratio Rank of SKF is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ProShares UltraShort Financials (SKF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

ProShares UltraShort Financials Sharpe ratios as of May 14, 2025 (values are recalculated daily):

  • 1-Year: -0.91
  • 5-Year: -0.89
  • 10-Year: -0.66
  • All Time: -0.53

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of ProShares UltraShort Financials compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

ProShares UltraShort Financials provided a 8.77% dividend yield over the last twelve months, with an annual payout of $2.62 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%2.00%4.00%6.00%8.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.002018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018
Dividend$2.62$2.80$2.31$0.03$0.00$0.13$2.82$0.22

Dividend yield

8.77%7.94%3.93%0.04%0.00%0.10%1.28%0.06%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares UltraShort Financials. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.36$0.00$0.00$0.36
2024$0.00$0.00$0.54$0.00$0.00$1.08$0.00$0.00$0.59$0.00$0.00$0.58$2.80
2023$0.00$0.00$0.29$0.00$0.00$0.69$0.00$0.00$0.62$0.00$0.00$0.71$2.31
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.03$0.03
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$0.13$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.13
2019$0.00$0.00$0.58$0.00$0.00$0.88$0.00$0.00$0.69$0.00$0.00$0.67$2.82
2018$0.22$0.22

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares UltraShort Financials. 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 Financials was 99.95%, occurring on May 13, 2025. The portfolio has not yet recovered.

The current ProShares UltraShort Financials drawdown is 99.95%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.95%Nov 21, 20084143May 13, 2025
-52.74%Jul 16, 200852Sep 26, 200838Nov 19, 200890
-33.78%Mar 11, 200838May 2, 200835Jun 23, 200873
-28.73%Jan 22, 20089Feb 1, 200823Mar 6, 200832
-22.48%Nov 27, 200710Dec 10, 200717Jan 4, 200827

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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