ProShares Short Dow30 (DOG) Performance

NYSE Arca: DOGTotal returns, calendar years, drawdowns and risk since 2006.

DOG total return

Distributions reinvested · as of Oct 23, 2026
YTD
−5.3%
since Dec 31, 2025
1 year
−7.2%
total return
5 years
−4.8%
a year
10 years
−11.0%
a year
Since first price
−10.2%
a year since 2006

DOG trailing returns vs SPY, QQQ, AGG

DOG trailing returns
PeriodDOG total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−0.9%−0.9%−1.0%−5.0%+0.9%
3 months+0.0%−0.7%+3.2%+1.9%−0.4%
6 months−3.8%−5.2%+7.8%+8.4%−1.5%
YTD−5.3%−7.2%+12.3%+15.1%−1.0%
1 year−7.2%−10.0%+14.4%+15.9%−1.1%
3 years−27.6%−10.2%/yr−35.9%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years−21.8%−4.8%/yr−33.0%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
10 years−68.8%−11.0%/yr−73.9%+315.9%+15.3%/yr+538.9%+20.4%/yr+14.0%+1.3%/yr
15 years−84.1%−11.5%/yr−86.7%+696.0%+14.8%/yr+1,299.3%+19.2%/yr+32.2%+1.9%/yr
20 years−87.9%−10.0%/yr−91.6%+696.9%+10.9%/yr+1,839.9%+16.0%/yr+79.6%+3.0%/yr
Since inceptionJun 21, 2006−88.7%−10.2%/yr−92.1%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: DOG vs SPY

DOGS&P 500 (SPY)

From Jun 21, 2006: DOG grew to $1,130, SPY to $88,014.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

DOG returns by calendar year

DOGSPY

3 of 19 full years positive. Best 2008 (+30.8%), worst 2013 (−24.1%). 2026 is year to date.

DOG annual returns table

DOG calendar-year returns
YearDOGLargest dropSPYQQQAGG
2026YTD−5.3%−16.0%+12.3%+15.1%−1.0%
2025−8.4%−20.9%+17.7%+20.8%+7.2%
2024−5.6%−12.9%+24.9%+25.6%+1.3%
2023−7.0%−13.2%+26.2%+54.9%+5.7%
2022+5.7%−17.2%−18.2%−32.6%−13.0%
2021−19.2%−20.9%+28.7%+27.4%−1.8%
2020−20.4%−44.3%+18.3%+48.6%+7.5%
2019−18.4%−21.0%+31.2%+39.0%+8.5%
2018+3.6%−12.5%−4.6%−0.1%+0.1%
2017−21.5%−21.8%+21.7%+32.7%+3.6%
2016−15.8%−24.3%+12.0%+7.1%+2.4%
2015−2.9%−13.8%+1.2%+9.4%+0.5%
2014−10.8%−18.1%+13.5%+19.2%+6.0%
2013−24.1%−22.8%+32.3%+36.6%−2.0%
2012−11.3%−12.6%+16.0%+18.1%+3.8%
2011−12.5%−16.3%+1.9%+3.4%+7.7%
2010−15.3%−19.1%+15.1%+19.9%+6.4%
2009−23.7%−42.1%+26.4%+54.7%+3.0%
2008+30.8%−16.7%−36.8%−41.7%+7.9%
2007−1.4%−12.3%+5.1%+19.0%+6.6%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

DOG largest drawdowns

Now 92.7% below the high
DOG largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Mar 9, 2009−93.1%Aug 5, 2026not yet17.4 years17.6 years so far
Jul 17, 2006−18.5%Oct 9, 2007Jun 27, 20081.2 years1.9 years
Nov 20, 2008−17.9%Jan 2, 2009Feb 23, 200943 days3 months
Oct 27, 2008−16.4%Nov 4, 2008Nov 20, 20088 days24 days
Oct 10, 2008−10.3%Oct 13, 2008Oct 24, 20083 days14 days

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

DOG risk statistics

DOG risk statistics
Statistic3 years5 years10 yearsSince 2006
Annualized return−8.9%−5.4%−10.7%−10.1%
Volatility (annualized)11.8%14.5%14.5%14.0%
Sharpe ratio-1.10-0.56-0.87-0.78
Sortino ratio-1.28-0.71-1.05-0.98
Best month+6.1%+9.6%+10.2%+11.7%
Worst month−7.7%−12.5%−12.5%−12.5%
Best 12 months+0.4%+12.3%+12.3%+47.9%
Worst 12 months−15.5%−15.5%−38.6%−38.6%
Positive months33%40%34%35%
Beta vs S&P 500-0.83-0.84-0.87—
Correlation with S&P 500-0.87-0.90-0.92—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

DOG rolling returns

DOG rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year233−38.6%−11.1%+47.9%15%
3-year (a year)209−24.1%−12.3%+5.1%4%
5-year (a year)185−20.5%−12.0%−4.5%0%
10-year (a year)125−16.4%−11.8%−9.1%0%

Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.

DOG performance overview

ProShares Short Dow30 (DOG) returned −7.2% over the past year and −11.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned −10.2% a year, turning $10,000 into about $1,130. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −93.1%, from Mar 9, 2009 to Aug 5, 2026; the fund has not yet regained that high. DOG finished 3 of its 19 full calendar years with a gain; the best year was 2008 (+30.8%) and the worst 2013 (−24.1%). Volatility has been 14.0% a year.

Related: DOG chart, DOG dividends. See the DOG overview for the latest quote and fund facts.

DOG performance FAQ

What is the DOG return over the past year?

DOG returned −7.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 10.0%.

What is the average annual return of DOG?

DOG has returned −4.8% a year over 5 years, −11.0% a year over 10 years, −10.2% a year since June 21, 2006 (total return, distributions reinvested).

How much would $10,000 invested in DOG be worth?

$10,000 invested in DOG at its first recorded close on June 21, 2006 would be worth about $1,130 on October 23, 2026 with distributions reinvested.

What was the worst year for DOG?

The worst calendar year was 2013, with a total return of −24.1%. The best was 2008 at +30.8%.

What is the biggest drawdown of DOG?

The largest peak-to-trough decline was −93.1% between March 9, 2009 and August 5, 2026. It has not yet recovered to that high; it is 92.7% below its peak.

How volatile is DOG?

Over the past 3 years DOG had an annualized volatility of 11.8% and a Sharpe ratio of -1.10 (excess return over 1–3 month T-bills per unit of risk).