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DXD

ProShares UltraShort Dow30
ETF.com segment:
Inverse Equity: U.S. - Large Cap
Competing ETFs: DOG, SDOW, SH, SDS, SPXU
Related ETF Channels: U.S., Large Cap, Inverse, Price-weighted, Equity, North America, DJ Industrial Average, Size and Style, Broad-based
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*Unless otherwise stated, data provided by FactSet.

DXD Fund Description

DXD provides 2x inverse exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest US companies.

DXD Factset Analytics Insight

DXD is designed to deliver -2x daily performance of the 30 US large-caps in the DJIA, weighted by price. As with any fund tracking the popular but dated DJIA, it's important to remember that it's not tracking a particularly robust representation of the larger US equity market. This is inverted, geared exposure to an index with arbitrary sector biases and antiquated weighting. Anyone holding DXD for longer than a day will be exposed to the path dependency. This dynamic is especially acute in funds that overlay leverage on inverse exposure as DXD does. Longer term investors must manage their exposure on a daily basis or use it as it was intended to be used: as a short-term trading tool. In this, the fund excels, trading in sizable volumes daily at tiny spreads. DXD charges a significant expense ratio, but few if any investors will realize that full holding cost.

DXD MSCI ESG Analytics Insight

ProShares UltraShort Dow30 has an MSCI ESG Fund Rating of A based on a score of 6.70 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares UltraShort Dow30 ranks in the 83th percentile within its peer group and in the 75th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

DXD Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DXD 1.27% 0.83% -27.71% -18.26% -27.66% -24.88% -25.95%
DXD (NAV) 3.19% 2.46% -26.42% -16.10% -27.28% -24.30% -25.87%
DJ Industrial Average -0.66% -0.62% 18.05% 9.64% 16.98% 13.61% -25.87%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DXD Summary Data

ProShares
07/11/06
Open-Ended Fund
0.95%
$171.08M
0.04%
Fund Home Page

DXD Portfolio Data

1.76%
12/24/19

DXD Index Data

DJ Industrial Average
Price
Committee
N/A

DXD Fund Structure

Yes
No
No Policy
N/A
N/A
High
-2
Daily

DXD Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

DXD Factset Analytics Block Liquidity

As of 10/16/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DXD. DXD is rated a N/A out of 5.

DXD Tradability

1,138,486
$30.29M
951,321
$25.23M
0.04%
$0.01
0.00%
0.23% / -0.19%
None
0.00%
50,000
19.03
0.02%
--
7,697
$25.76
N/A

DXD MSCI ESG Ratings

A
6.70 / 10
75.47
82.65
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