DUG Performance — ProShares UltraShort Energy
Data updated: 2026-08-14
DUG returned −39.70% year to date and −51.56% over one year to May 2026. Annualised returns are −28.52% over 3 years and −38.90% over 5 years. The fund trailed its Trading - Leveraged category average: $100 invested three years ago grew to $37, against $173 for the category, and to $48 over one year, against $137. Volatility over the past three years was 35.75% a year. In the 12 months to May 2026 the fund took in a net $22.8M, and assets reached $29.51M.
DUG Growth of $100
What $100 invested in ProShares UltraShort Energy grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | DUG | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $48 | $137 |
| 3 years (Jun 2023 – May 2026) | $37 | $173 |
| 5 years (Jun 2021 – May 2026) | $9 | $155 |
| Since data start (Sep 2019 – May 2026) | $2 | $181 |
DUG Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −39.70% |
| 1 year | −51.56% |
| 3 years (annualised) | −28.52% |
| 5 years (annualised) | −38.90% |
DUG Annual Returns
Calendar-year total returns of ProShares UltraShort Energy, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −39.70% |
| 2025 | −18.67% |
| 2024 | −6.29% |
| 2023 | −2.20% |
| 2022 | −72.97% |
| 2021 | −68.17% |
| 2020 | −24.55% |
| 2019 (Sep–Dec) | −18.95% |
DUG Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −23.6% | −17.2% | −17.9% | +4.6% | +11.1% | — | — | — | — | — | — | — |
| 2025 | −4.4% | −7.2% | −6.7% | +25.2% | −2.4% | −8.8% | −5.2% | −6.3% | +0.7% | +3.1% | −5.0% | +0.6% |
| 2024 | +1.1% | −5.6% | −17.5% | +2.5% | +1.4% | +3.0% | −3.7% | +4.5% | +6.2% | −1.6% | −13.6% | +22.4% |
| 2023 | −6.2% | +14.5% | −0.9% | −5.8% | +22.8% | −12.5% | −14.1% | −2.6% | −4.7% | +12.0% | +1.7% | 0.0% |
| 2022 | −28.8% | −14.7% | −19.1% | +1.6% | −27.7% | +34.9% | −20.3% | −8.3% | +17.3% | −36.3% | −4.8% | +7.0% |
| 2021 | −10.4% | −34.5% | −8.3% | −3.4% | −12.6% | −11.2% | +15.8% | +1.3% | −18.3% | −19.3% | +8.5% | −5.9% |
| 2020 | +26.2% | +33.7% | +50.3% | −48.9% | −9.8% | −7.6% | +5.2% | −0.5% | +33.1% | +3.8% | −45.8% | −10.9% |
| 2019 | — | — | — | — | — | — | — | — | −8.2% | +4.0% | −3.6% | −11.9% |
DUG Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 35.75%
- 3-year Sharpe ratio: -0.92 (vs 4.5% risk-free rate)
- Best month: +25.24% (Apr 2025)
- Worst month: −23.61% (Jan 2026)
DUG Fund Flows
Monthly money in and out of ProShares UltraShort Energy, from SEC Form N-PORT.
- 12-month net flow: $22.8M
- 12-month gross sales (incl. reinvestments): $42.4M
- Sales ÷ redemptions: 2.17×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $9.7M | $991K | $8.7M |
| Apr 2026 | $3.8M | $965K | $2.9M |
| Mar 2026 | $7.6M | $0 | $7.6M |
| Feb 2026 | $2.3M | $0 | $2.3M |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $1.7M | $6.9M | −$5.2M |
| Sep 2025 | $3.3M | $1.7M | $1.6M |
| Aug 2025 | $3.5M | $1.9M | $1.6M |
| Jul 2025 | $5.4M | $7.2M | −$1.8M |
| Jun 2025 | $5.2M | $0 | $5.2M |
DUG Assets Under Management
Net assets of ProShares UltraShort Energy by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $29.51M |
| 2026-02-28 | $9.52M |
| 2025-11-30 | $11.85M |
| 2025-08-31 | $15.44M |
| 2025-05-31 | $12.97M |
| 2025-02-28 | $15.11M |
| 2024-11-30 | $20.93M |
| 2024-08-31 | $12.50M |
| 2024-05-31 | $19.87M |
| 2024-02-29 | $13.92M |
| 2023-11-30 | $15.39M |
| 2023-08-31 | $25.80M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.