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ISIN
US74347R6696
CUSIP
74347R669
Issuer
ProShares
Inception Date
Jan 30, 2007
Region
North America (U.S.)
Leveraged
2x
Index Tracked
Dow Jones U.S. Semiconductors Index (200%)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth
Assets Under Management
$3B

Share Price Chart


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Performance

USD Performance Chart

ProShares Ultra Semiconductors (USD) is up 86.9% since the beginning of the year. USD is currently trading at $98 per share. Investors who bought $1,000 worth of USD shares 5 years ago would now be looking at an investment worth $12,237.


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S&P 500 Index

Returns By Period

ProShares Ultra Semiconductors (USD) has returned 86.87% so far this year and 207.86% over the past 12 months. Looking at the last ten years, USD has achieved an annualized return of 60.21%, outperforming the S&P 500 Index benchmark, which averaged 13.61% per year.


ProShares Ultra Semiconductors

1D
2.08%
1M
-1.66%
YTD
86.87%
6M
97.77%
1Y
207.86%
3Y*
111.11%
5Y*
65.02%
10Y*
60.21%

Benchmark (S&P 500 Index)

1D
0.50%
1M
-0.17%
YTD
8.56%
6M
8.85%
1Y
22.93%
3Y*
19.37%
5Y*
11.84%
10Y*
13.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

USD Monthly Returns History

Based on dividend-adjusted daily data since Feb 1, 2007, USD's average daily return is +0.18%, while the average monthly return is +3.39%. At this rate, an investment would double in approximately 1.7 years.

Historically, 59% of months were positive and 41% were negative. The best month was Apr 2026 with a return of +62.2%, while the worst month was Sep 2008 at -34.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, USD closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +36.4%, while the worst single day was Mar 16, 2020 at -32.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202611.46%-9.70%-9.17%62.17%31.33%-4.02%86.87%
2025-15.12%-3.18%-24.53%-4.34%42.24%35.06%15.89%-1.62%17.42%22.10%-12.97%-0.04%62.08%
202417.55%35.59%14.32%-11.58%33.85%18.54%-12.26%-3.03%1.30%3.25%1.77%3.50%139.64%
202332.07%6.63%23.97%-10.76%42.56%14.82%13.47%-3.15%-17.02%-12.18%31.37%22.55%228.79%
2022-25.18%-2.40%3.60%-34.78%8.60%-32.93%33.72%-21.91%-27.70%8.23%34.95%-20.67%-68.57%
20214.08%10.55%0.72%-0.67%5.38%15.17%-1.49%6.77%-9.97%18.94%32.91%-2.33%104.27%

Benchmark Metrics

ProShares Ultra Semiconductors has an annualized alpha of 21.82%, beta of 2.50, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since February 01, 2007.

  • This ETF captured 422.26% of S&P 500 Index gains and 190.79% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • This ETF generated an annualized alpha of 21.82% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • Beta of 2.50 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.

Alpha
21.82%
Beta
2.50
0.62
Upside Capture
422.26%
Downside Capture
190.79%

Expense Ratio

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


Return for Risk

Risk / Return Rank

USD ranks 87 for risk / return — in the top 87% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


USD Risk / Return Rank: 8787
Overall Rank
USD Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
USD Sortino Ratio Rank: 7777
Sortino Ratio Rank
USD Omega Ratio Rank: 7979
Omega Ratio Rank
USD Calmar Ratio Rank: 9494
Calmar Ratio Rank
USD Martin Ratio Rank: 9090
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 Ultra Semiconductors (USD) 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.


USDBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+1.34

Sortino ratioReturn per unit of downside risk

+0.51

Omega ratioGain probability vs. loss probability

1.41

1.34

+0.08

Calmar ratioReturn relative to maximum drawdown

6.58

2.53

+4.05

Martin ratioReturn relative to average drawdown

18.43

11.37

+7.06

Dividends

Dividend History

ProShares Ultra Semiconductors provided a 0.25% dividend yield over the last twelve months, with an annual payout of $0.24 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%0.20%0.40%0.60%0.80%1.00%$0.00$0.05$0.10$0.15$0.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.24$0.21$0.03$0.01$0.01$0.00$0.01$0.03$0.02$0.01$0.01$0.00

Dividend yield

0.25%0.39%0.10%0.05%0.30%0.00%0.14%0.72%0.93%0.32%0.46%0.39%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares Ultra 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$0.06$0.00$0.00$0.00$0.06
2025$0.00$0.00$0.02$0.00$0.00$0.08$0.00$0.00$0.02$0.00$0.00$0.08$0.21
2024$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
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
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 Ultra 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 Ultra Semiconductors was 88.63%, occurring on Nov 20, 2008. Recovery took 1512 trading sessions.

The current ProShares Ultra Semiconductors drawdown is 13.67%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-88.63%Nov 2008
1y 4mo6y 5d
7y 4moJul 2007 - Nov 2014
Bear market2022
-77.85%Oct 2022
10mo 10d1y 2mo
2y 1moDec 2021 - Jan 2024
2025 selloff2025
-64.46%Apr 2025
9mo 18d3mo 12d
1y 25dJun 2024 - Jul 2025
COVID crash2020
-61.45%Mar 2020
25d5mo 12d
6mo 7dFeb 2020 - Aug 2020
Rate-hike selloffLate 2018
-51.51%Dec 2018
6mo 20d10mo 15d
1y 5moJun 2018 - Nov 2019

Drawdown Indicators


USDBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-88.63%

-56.78%

-31.85%

Max Drawdown (1Y)

Largest decline over 1 year

-31.80%

-9.10%

-22.70%

Max Drawdown (3Y)

Largest decline over 3 years

-64.46%

-18.90%

-45.56%

Max Drawdown (5Y)

Largest decline over 5 years

-77.85%

-25.43%

-52.42%

Max Drawdown (10Y)

Largest decline over 10 years

-77.85%

-33.92%

-43.93%

Current Drawdown

Current decline from peak

-13.67%

-2.34%

-11.33%

Average Drawdown

Average peak-to-trough decline

-32.32%

-10.72%

-21.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.34%

2.02%

+9.32%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with USD

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