ProShares UltraShort Industrials (SIJ) Performance
SIJ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −12.0% since Dec 31, 2025
- 1 year
- −12.1% total return
- 5 years
- −15.8% a year
- 10 years
- −26.4% a year
- Since first price
- −26.1% a year since 2007
SIJ trailing returns vs SPY, QQQ, AGG
| Period | SIJ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +7.2% | +7.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +22.5% | +21.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +11.5% | +9.9% | +7.8% | +8.4% | −1.5% |
| YTD | −12.0% | −13.5% | +12.3% | +15.1% | −1.0% |
| 1 year | −12.1% | −14.8% | +14.4% | +15.9% | −1.1% |
| 3 years | −63.5%−28.6%/yr | −68.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −57.6%−15.8%/yr | −64.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | −95.3%−26.4%/yr | −96.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | −99.2%−27.7%/yr | −99.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionFeb 1, 2007 | −99.7%−26.1%/yr | −99.8% | — | — | — |
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: SIJ vs SPY
From Feb 1, 2007: SIJ grew to $25, SPY to $75,332.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SIJ returns by calendar year
3 of 18 full years positive. Best 2008 (+73.2%), worst 2009 (−55.0%). 2026 is year to date.
SIJ annual returns table
| Year | SIJ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −12.0% | −30.6% | +12.3% | +15.1% | −1.0% |
| 2025 | −29.3% | −45.8% | +17.7% | +20.8% | +7.2% |
| 2024 | −21.6% | −38.6% | +24.9% | +25.6% | +1.3% |
| 2023 | −24.2% | −28.5% | +26.2% | +54.9% | +5.7% |
| 2022 | +18.1% | −32.7% | −18.2% | −32.6% | −13.0% |
| 2021 | −34.3% | −39.8% | +28.7% | +27.4% | −1.8% |
| 2020 | −54.1% | −78.3% | +18.3% | +48.6% | +7.5% |
| 2019 | −45.1% | −47.9% | +31.2% | +39.0% | +8.5% |
| 2018 | +20.5% | −22.6% | −4.6% | −0.1% | +0.1% |
| 2017 | −36.3% | −35.6% | +21.7% | +32.7% | +3.6% |
| 2016 | −34.3% | −48.2% | +12.0% | +7.1% | +2.4% |
| 2015 | −5.0% | −25.2% | +1.2% | +9.4% | +0.5% |
| 2014 | −19.4% | −31.8% | +13.5% | +19.2% | +6.0% |
| 2013 | −52.4% | −50.4% | +32.3% | +36.6% | −2.0% |
| 2012 | −33.5% | −32.2% | +16.0% | +18.1% | +3.8% |
| 2011 | −20.5% | −37.8% | +1.9% | +3.4% | +7.7% |
| 2010 | −46.3% | −50.4% | +15.1% | +19.9% | +6.4% |
| 2009 | −55.0% | −78.3% | +26.4% | +54.7% | +3.0% |
| 2008 | +73.2% | −43.3% | −36.8% | −41.7% | +7.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SIJ largest drawdowns
Now 99.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 9, 2009 | −99.9% | Aug 4, 2026 | not yet | 17.4 years | 17.6 years so far |
| Nov 20, 2008 | −48.6% | Jan 6, 2009 | Mar 2, 2009 | 47 days | 3 months |
| Oct 27, 2008 | −34.2% | Nov 4, 2008 | Nov 19, 2008 | 8 days | 23 days |
| Mar 13, 2007 | −28.1% | Oct 9, 2007 | Jan 17, 2008 | 7 months | 10 months |
| Jan 17, 2008 | −27.7% | May 19, 2008 | Sep 17, 2008 | 4 months | 8 months |
| Oct 9, 2008 | −18.6% | Oct 13, 2008 | Oct 15, 2008 | 4 days | 6 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SIJ risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2007 |
|---|---|---|---|---|
| Annualized return | −27.9% | −18.4% | −26.3% | −26.5% |
| Volatility (annualized) | 31.9% | 36.7% | 35.4% | 36.6% |
| Sharpe ratio | -0.99 | -0.46 | -0.74 | -0.69 |
| Sortino ratio | -1.18 | -0.61 | -0.93 | -0.89 |
| Best month | +19.3% | +22.6% | +23.3% | +36.7% |
| Worst month | −15.1% | −20.5% | −26.6% | −31.6% |
| Best 12 months | −4.0% | +34.9% | +37.3% | +148.0% |
| Worst 12 months | −43.3% | −43.3% | −72.8% | −74.2% |
| Positive months | 39% | 45% | 37% | 37% |
| Beta vs S&P 500 | -1.75 | -1.97 | -2.02 | — |
| Correlation with S&P 500 | -0.68 | -0.84 | -0.88 | — |
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.
SIJ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 225 | −74.2% | −28.9% | +148.0% | 12% |
| 3-year (a year) | 201 | −54.6% | −28.2% | −8.9% | 0% |
| 5-year (a year) | 177 | −48.4% | −28.0% | −16.0% | 0% |
| 10-year (a year) | 117 | −36.9% | −28.5% | −23.8% | 0% |
Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.
SIJ performance overview
ProShares UltraShort Industrials (SIJ) returned −12.1% over the past year and −26.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned −26.1% a year, turning $10,000 into about $25. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −99.9%, from Mar 9, 2009 to Aug 4, 2026; the fund has not yet regained that high. SIJ finished 3 of its 18 full calendar years with a gain; the best year was 2008 (+73.2%) and the worst 2009 (−55.0%). Volatility has been 36.6% a year.
Related: SIJ chart, SIJ dividends. See the SIJ overview for the latest quote and fund facts.
SIJ performance FAQ
What is the SIJ return over the past year?
SIJ returned −12.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 14.8%.
What is the average annual return of SIJ?
SIJ has returned −15.8% a year over 5 years, −26.4% a year over 10 years, −26.1% a year since February 1, 2007 (total return, distributions reinvested).
How much would $10,000 invested in SIJ be worth?
$10,000 invested in SIJ at its first recorded close on February 1, 2007 would be worth about $25 on October 23, 2026 with distributions reinvested.
What was the worst year for SIJ?
The worst calendar year was 2009, with a total return of −55.0%. The best was 2008 at +73.2%.
What is the biggest drawdown of SIJ?
The largest peak-to-trough decline was −99.9% between March 9, 2009 and August 4, 2026. It has not yet recovered to that high; it is 99.9% below its peak.
How volatile is SIJ?
Over the past 3 years SIJ had an annualized volatility of 31.9% and a Sharpe ratio of -0.99 (excess return over 1–3 month T-bills per unit of risk).