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Proshares Ultrashort Semiconductors (SSG)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US74347G2003
CUSIP
74347G622
Issuer
ProShares
Inception Date
Jan 30, 2007
Region
North America (U.S.)
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

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Proshares Ultrashort Semiconductors, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Proshares Ultrashort Semiconductors (SSG) has returned -1.48% so far this year and -76.82% over the past 12 months. Over the last ten years, SSG has returned -58.81% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Proshares Ultrashort Semiconductors

1D
-11.17%
1M
5.14%
YTD
-1.48%
6M
-17.04%
1Y
-76.82%
3Y*
-69.74%
5Y*
-60.78%
10Y*
-58.81%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 1, 2007, SSG's average daily return is -0.17%, while the average monthly return is -4.13%.

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 May 2023 at -35.5%. 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-11.59%5.98%5.14%-1.48%
20253.84%-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%
202225.10%-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 -17.72%, beta of -2.47, and R² of 0.61 versus S&P 500 Index. Calculated based on daily prices since February 02, 2007.

  • This ETF tended to rise when S&P 500 Index fell (downside capture of -280.60%), but participation in market rallies was also limited (-157.05%) — a profile typical of counter-cyclical assets.
  • This ETF had an annualized alpha of -17.72% versus S&P 500 Index — delivering less than market exposure alone would predict.
  • Beta of -2.47 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
-17.72%
Beta
-2.47
0.61
Upside Capture
-157.05%
Downside Capture
-280.60%

Expense Ratio

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


Return for Risk

Risk / Return Rank

SSG ranks 1 for risk / return — in the bottom 1% 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.


SSG Risk / Return Rank: 11
Overall Rank
SSG Sharpe Ratio Rank: 00
Sharpe Ratio Rank
SSG Sortino Ratio Rank: 00
Sortino Ratio Rank
SSG Omega Ratio Rank: 00
Omega Ratio Rank
SSG Calmar Ratio Rank: 00
Calmar Ratio Rank
SSG Martin Ratio Rank: 44
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Proshares Ultrashort Semiconductors (SSG) and compare them to a chosen benchmark (S&P 500 Index).


SSGBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-1.00

0.90

-1.89

Sortino ratio

Return per unit of downside risk

-1.90

1.39

-3.29

Omega ratio

Gain probability vs. loss probability

0.76

1.21

-0.45

Calmar ratio

Return relative to maximum drawdown

-0.90

1.40

-2.30

Martin ratio

Return relative to average drawdown

-1.04

6.61

-7.65

Explore SSG risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Proshares Ultrashort Semiconductors provided a 5.30% dividend yield over the last twelve months, with an annual payout of $1.59 per share.


0.00%2.00%4.00%6.00%8.00%10.00%$0.00$100.00$200.00$300.00$400.0020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$1.59$2.81$8.23$34.03$18.64$0.00$18.87$429.70$408.99

Dividend yield

5.30%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.18$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.


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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 Feb 25, 2026. The portfolio has not yet recovered.

The current Proshares Ultrashort Semiconductors drawdown is 100.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-100%Nov 21, 20084340Feb 25, 2026
-41.28%Jan 23, 200881May 16, 200883Sep 15, 2008164
-34.53%Mar 6, 200793Jul 17, 2007120Jan 7, 2008213
-30.05%Oct 28, 20086Nov 4, 20086Nov 12, 200812
-19.36%Oct 13, 20081Oct 13, 20082Oct 15, 20083

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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