ProShares UltraShort Semiconductors (SSG) Performance
SSG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −55.3% since Dec 31, 2025
- 1 year
- −59.8% total return
- 5 years
- −64.5% a year
- 10 years
- −60.3% a year
- Since first price
- −43.4% a year since 2007
SSG trailing returns vs SPY, QQQ, AGG
| Period | SSG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +25.9% | +25.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +8.9% | +7.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −28.5% | −30.0% | +7.8% | +8.4% | −1.5% |
| YTD | −55.3% | −56.5% | +12.3% | +15.1% | −1.0% |
| 1 year | −59.8% | −61.5% | +14.4% | +15.9% | −1.1% |
| 3 years | −98.1%−73.3%/yr | −98.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −99.4%−64.5%/yr | −99.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | −99.99%−60.3%/yr | −99.99% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | −100.00%−52.7%/yr | −100.00% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionFeb 1, 2007 | −100.00%−43.4%/yr | −100.00% | — | — | — |
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: SSG vs SPY
From Feb 1, 2007: SSG grew to $0, SPY to $75,332.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SSG returns by calendar year
1 of 18 full years positive. Best 2022 (+37.9%), worst 2023 (−78.7%). 2026 is year to date.
SSG annual returns table
| Year | SSG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −55.3% | −70.7% | +12.3% | +15.1% | −1.0% |
| 2025 | −70.0% | −83.7% | +17.7% | +20.8% | +7.2% |
| 2024 | −77.6% | −81.7% | +24.9% | +25.6% | +1.3% |
| 2023 | −78.7% | −79.5% | +26.2% | +54.9% | +5.7% |
| 2022 | +37.9% | −48.5% | −18.2% | −32.6% | −13.0% |
| 2021 | −67.5% | −69.7% | +28.7% | +27.4% | −1.8% |
| 2020 | −76.5% | −84.5% | +18.3% | +48.6% | +7.5% |
| 2019 | −63.3% | −67.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −0.8% | −35.7% | −4.6% | −0.1% | +0.1% |
| 2017 | −51.6% | −56.2% | +21.7% | +32.7% | +3.6% |
| 2016 | −45.7% | −64.9% | +12.0% | +7.1% | +2.4% |
| 2015 | −17.4% | −41.2% | +1.2% | +9.4% | +0.5% |
| 2014 | −52.8% | −58.0% | +13.5% | +19.2% | +6.0% |
| 2013 | −47.0% | −47.0% | +32.3% | +36.6% | −2.0% |
| 2012 | 0.0% | −15.4% | +16.0% | +18.1% | +3.8% |
| 2011 | 0.0% | 0.0% | +1.9% | +3.4% | +7.7% |
| 2010 | 0.0% | 0.0% | +15.1% | +19.9% | +6.4% |
| 2009 | 0.0% | 0.0% | +26.4% | +54.7% | +3.0% |
| 2008 | 0.0% | 0.0% | −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.
SSG largest drawdowns
Now 100.00% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 15, 2013 | −100.00% | Oct 6, 2026 | not yet | 13.7 years | 13.8 years so far |
| Jan 18, 2012 | −15.4% | Mar 27, 2012 | May 8, 2012 | 2 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SSG risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2007 |
|---|---|---|---|---|
| Annualized return | −74.9% | −66.8% | −61.0% | −44.3% |
| Volatility (annualized) | 52.4% | 66.2% | 54.7% | 42.7% |
| Sharpe ratio | -2.29 | -1.31 | -1.42 | -1.15 |
| Sortino ratio | -2.05 | -1.49 | -1.58 | -1.31 |
| Best month | +23.7% | +43.0% | +43.0% | +43.0% |
| Worst month | −40.0% | −40.0% | −40.0% | −40.0% |
| Best 12 months | −41.1% | +37.9% | +37.9% | +37.9% |
| Worst 12 months | −84.9% | −84.9% | −84.9% | −84.9% |
| Positive months | 28% | 30% | 28% | 21% |
| Beta vs S&P 500 | -3.21 | -3.37 | -2.61 | — |
| Correlation with S&P 500 | -0.76 | -0.80 | -0.73 | — |
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.
SSG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 225 | −84.9% | −43.4% | +37.9% | 3% |
| 3-year (a year) | 201 | −77.8% | −42.1% | 0.0% | 0% |
| 5-year (a year) | 177 | −67.1% | −43.0% | 0.0% | 0% |
| 10-year (a year) | 117 | −62.2% | −45.2% | −20.4% | 0% |
Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.
SSG performance overview
ProShares UltraShort Semiconductors (SSG) returned −59.8% over the past year and −60.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned −43.4% a year, turning $10,000 into about $0. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −100.00%, from Jan 15, 2013 to Oct 6, 2026; the fund has not yet regained that high. SSG finished 1 of its 18 full calendar years with a gain; the best year was 2022 (+37.9%) and the worst 2023 (−78.7%). Volatility has been 42.7% a year.
Related: SSG chart, SSG dividends. See the SSG overview for the latest quote and fund facts.
SSG performance FAQ
What is the SSG return over the past year?
SSG returned −59.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 61.5%.
What is the average annual return of SSG?
SSG has returned −64.5% a year over 5 years, −60.3% a year over 10 years, −43.4% a year since February 1, 2007 (total return, distributions reinvested).
How much would $10,000 invested in SSG be worth?
$10,000 invested in SSG at its first recorded close on February 1, 2007 would be worth about $0 on October 23, 2026 with distributions reinvested.
What was the worst year for SSG?
The worst calendar year was 2023, with a total return of −78.7%. The best was 2022 at +37.9%.
What is the biggest drawdown of SSG?
The largest peak-to-trough decline was −100.00% between January 15, 2013 and October 6, 2026. It has not yet recovered to that high; it is 100.00% below its peak.
How volatile is SSG?
Over the past 3 years SSG had an annualized volatility of 52.4% and a Sharpe ratio of -2.29 (excess return over 1–3 month T-bills per unit of risk).