SDOW ETF — ProShares UltraPro Short Dow30

ProShares UltraPro Short Dow30 (SDOW)

Updated October 16, 2026.

SDOW is an ETF. its distribution rate is 4.77%, its trailing-12-month yield is 4.83%, its expense ratio is 0.95%. Total return is -100.0% over the past 16.7 years, 948.2 points behind SPY at 848.2%.

ProShares UltraPro Short Dow30 is an ETF that seeks to deliver daily returns that are the inverse of three times the daily performance of the Dow Jones Industrial Average, using financial instruments to provide leveraged short exposure to large-cap U.S. companies. The fund carries a high distribution rate with quarterly distributions and an expense ratio of 0.95%. This ETF appeals primarily to sophisticated traders and investors seeking to hedge against or profit from near-term declines in the broad U.S. large-cap market, though the daily reset mechanism and leverage structure make it unsuitable as a long-term holding.

SDOW performance versus SPY

Price and return data through 2026-10-16.

Total return is -100.0% over the past 16.7 years, 948.2 points behind SPY at 848.2%. Over the past year its total return — price change plus distributions reinvested — is -30.3%. Its deepest 1-year drawdown was 42.8%.

SDOW key facts

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

02/09/2010

Expense ratio

0.95%

Distribution rate

4.77%

Distribution frequency

Quarterly

Trailing yield

4.83%

Last close

$24.63 (as of 2026-10-16)

AUM

$156,516,758

Average volume

4854613.0

Dividend

$0.29388

Ex-dividend date

09/23/2026

Payment date

09/29/2026

Beta

-2.41

How Dividend Vision calculates yield and returns

Distribution rate (4.77%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.83%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SDOW risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 42.8%.

Who may consider SDOW — and who may not

SDOW may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (SDOW pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on SDOW

• All tickers starting with S

Tagged: Leverage, Short, DJIA.

Frequently asked questions

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