Leveraged ETF Drift Report With A Focus On SDOW

Leveraged ETF drift explained and reported for 22 ETFs. The ProShares UltraPro Short Dow30 ETF is a -3X leveraged bear ETF on the Dow Jones, mainly used by short-term traders. The average 12-month drift for SDOW is +1.27%, but this reflects an unusually strong bull market period; historical and synthetic data suggest negative drift in less favorable conditions.