- ISIN
- US74347G2003
- CUSIP
- 74347G622
- Issuer
- ProShares
- Inception Date
- Jan 30, 2007
- Region
- North America (U.S.)
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- Dow Jones U.S. Semiconductors Index (-200%)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $39M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
SSG Performance Chart
Proshares Ultrashort Semiconductors (SSG) is down 63.4% since the beginning of the year. SSG is currently trading at $11 per share. Investors who bought $1,000 worth of SSG shares 5 years ago would now be looking at an investment worth $4.
Loading charts...
Returns By Period
Proshares Ultrashort Semiconductors (SSG) has returned -63.37% so far this year and -81.41% over the past 12 months. Over the last ten years, SSG has returned -62.52% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Proshares Ultrashort Semiconductors
- 1D
- -0.80%
- 1M
- -21.37%
- YTD
- -63.37%
- 6M
- -63.97%
- 1Y
- -81.41%
- 3Y*
- -75.00%
- 5Y*
- -67.22%
- 10Y*
- -62.52%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SSG Monthly Returns History
Based on dividend-adjusted daily data since Feb 1, 2007, SSG's average daily return is -0.19%, while the average monthly return is -4.43%.
Historically, 33% of months were positive and 67% were negative. The best month was Apr 2022 with a return of +43.0%, while the worst month was Apr 2026 at -40.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 10 months.
On a daily basis, SSG closed higher 45% of trading days. The best single day was Jan 27, 2025 with a return of +29.4%, while the worst single day was Apr 9, 2025 at -36.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -11.59% | 5.98% | 5.14% | -40.01% | -26.79% | -15.34% | -63.37% | ||||||
| 2025 | 3.84% | -0.79% | 23.66% | -21.36% | -31.95% | -27.19% | -14.64% | 0.18% | -16.15% | -21.32% | 9.77% | -2.50% | -70.03% |
| 2024 | -17.39% | -30.62% | -15.46% | 6.84% | -28.05% | -19.37% | 1.61% | -5.16% | -8.48% | -4.81% | -5.37% | -6.05% | -77.59% |
| 2023 | -27.30% | -11.24% | -21.16% | 11.13% | -35.48% | -14.81% | -12.98% | -1.52% | 19.20% | 11.88% | -25.44% | -19.53% | -78.69% |
| 2022 | 25.10% | -5.06% | -12.60% | 42.99% | -16.95% | 39.11% | -28.66% | 20.11% | 32.27% | -12.84% | -33.62% | 22.64% | 37.90% |
| 2021 | -7.38% | -12.48% | -9.97% | -1.51% | -8.72% | -14.27% | -0.62% | -7.63% | 8.67% | -17.21% | -27.75% | -3.04% | -67.46% |
Benchmark Metrics
Proshares Ultrashort Semiconductors has an annualized alpha of -19.74%, beta of -2.48, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since February 01, 2007.
- This ETF tended to rise when S&P 500 Index fell (downside capture of -265.16%), but participation in market rallies was also limited (-156.15%) - a profile typical of counter-cyclical assets.
- This ETF had an annualized alpha of -19.74% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Beta of -2.48 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -19.74%
- Beta
- -2.48
- R²
- 0.61
- Upside Capture
- -156.15%
- Downside Capture
- -265.16%
Expense Ratio
SSG has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SSG ranks 0 for risk / return — in the bottom 0% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Proshares Ultrashort Semiconductors (SSG) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SSG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.24 | ||
| Sortino ratioReturn per unit of downside risk | -5.61 | ||
| Omega ratioGain probability vs. loss probability | 0.69 | 1.37 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | -1.00 | 2.78 | -3.79 |
| Martin ratioReturn relative to average drawdown | -1.60 | 12.44 | -14.04 |
Dividends
Dividend History
Proshares Ultrashort Semiconductors provided a 14.25% dividend yield over the last twelve months, with an annual payout of $1.59 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.59 | $2.81 | $8.23 | $34.03 | $18.64 | $0.00 | $18.87 | $429.70 | $408.99 |
Dividend yield | 14.25% | 9.19% | 7.67% | 6.73% | 0.75% | 0.00% | 0.34% | 1.81% | 0.62% |
Monthly Dividends
The table displays the monthly dividend distributions for Proshares Ultrashort Semiconductors. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $0.18 | ||||||
| 2025 | $0.00 | $0.00 | $1.40 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.48 | $2.81 |
| 2024 | $0.00 | $0.00 | $2.31 | $0.00 | $0.00 | $1.77 | $0.00 | $0.00 | $2.27 | $0.00 | $0.00 | $1.88 | $8.23 |
| 2023 | $0.00 | $0.00 | $9.72 | $0.00 | $0.00 | $9.63 | $0.00 | $0.00 | $6.36 | $0.00 | $0.00 | $8.32 | $34.03 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $9.70 | $0.00 | $0.00 | $8.94 | $18.64 |
| 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 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Proshares Ultrashort Semiconductors. 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 Semiconductors was 100.00%, occurring on Jun 22, 2026. The portfolio has not yet recovered.
The current Proshares Ultrashort Semiconductors drawdown is 100.00%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -100.00%Jun 2026 | 17y 7mo | — | 17y 7moNov 2008 - now |
Financial crisis2007–2009 | -41.28%May 2008 | 3mo 24d | 4mo 2d | 7mo 26dJan 2008 - Sep 2008 |
2007 bear market2007 | -34.53%Jul 2007 | 4mo 13d | 5mo 24d | 10mo 7dMar 2007 - Jan 2008 |
Financial crisis2007–2009 | -30.05%Nov 2008 | 7d | 8d | 15dOct 2008 - Nov 2008 |
Financial crisis2007–2009 | -19.36%Oct 2008 | 0s | 2d | 2dOct 2008 - Oct 2008 |
Drawdown Indicators
| SSG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -56.78% | -43.22% |
Max Drawdown (1Y)Largest decline over 1 year | -81.20% | -9.10% | -72.10% |
Max Drawdown (3Y)Largest decline over 3 years | -98.56% | -18.90% | -79.66% |
Max Drawdown (5Y)Largest decline over 5 years | -99.66% | -25.43% | -74.23% |
Max Drawdown (10Y)Largest decline over 10 years | -99.99% | -33.92% | -66.07% |
Current DrawdownCurrent decline from peak | -100.00% | -1.80% | -98.20% |
Average DrawdownAverage peak-to-trough decline | -88.60% | -10.71% | -77.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.37% | 2.03% | +49.34% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with SSG
Add Proshares Ultrashort Semiconductors to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with SSG