# ProShares UltraShort Dow30 (DXD): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dxd for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: ProShares · Asset class: Equity - Strategy: Thematic · Inception: 2006-07-11 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... ## Key Facts | Metric | Value | |---|---| | Price | $17.34 | | Expense Ratio | 1.09% | | Assets Under Management | $44.2M | | NAV | $16.92 | | Holdings Count | 11 | | Distribution Yield (TTM) | 3.65% | | Annual Distribution (TTM) | $0.63 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $15.75 – $23.29 | | Beta | -1.66 | ## Latest Distribution - Amount: $0.1536 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does DXD invest in? 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. The expense ratio for DXD matters less than the total all in trading costs. ### What is the expense ratio of DXD? ProShares UltraShort Dow30 (DXD) charges an expense ratio of 1.09%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is DXD? ProShares UltraShort Dow30 (DXD) manages $44.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is DXD actively managed or an index fund? DXD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was DXD launched? ProShares UltraShort Dow30 (DXD) launched in July 2006 and is managed by ProShares. ### How has DXD performed? DXD's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does DXD pay a dividend? ProShares UltraShort Dow30 (DXD) currently distributes little or no income. Trailing-twelve-month yield is 3.65%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DXD pay dividends? ProShares UltraShort Dow30 pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DXD's dividend yield? DXD's trailing-twelve-month yield is 3.65%, calculated from the sum of dividends over the past year divided by the current price. ### When is DXD's next ex-dividend date? The most recently announced ex-dividend date for DXD was 2026-09-23. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will DXD's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.09% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DXD charge its expense ratio? The expense ratio is deducted in tiny daily slices from DXD's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DXD cost more than a fund like VOO? DXD's strategy (current expense ratio 1.09%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where DXD sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to DXD? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as DXD (1.09%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dxd - Distribution history: https://www.dividenddata.com/funds/dxd/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dxd/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dxd/expenses - Peer comparison: https://www.dividenddata.com/funds/dxd/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.