UBS ETRACS - ProShares Daily 3x Inverse Crude… (WTID) Performance
WTID total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −83.2% since Dec 31, 2025
- 1 year
- −83.6% total return
- 3 years
- −54.2% a year
- Since first price
- −51.1% a year since 2023
WTID trailing returns vs SPY, QQQ, AGG
| Period | WTID total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −31.3% | −31.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −47.4% | −47.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −61.9% | −61.9% | +7.8% | +8.4% | −1.5% |
| YTD | −83.2% | −83.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −83.6% | −83.6% | +14.4% | +15.9% | −1.1% |
| 3 years | −90.4%−54.2%/yr | −90.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionFeb 15, 2023 | −92.8%−51.1%/yr | −92.8% | — | — | — |
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: WTID vs SPY
From Feb 15, 2023: WTID grew to $716, SPY to $19,247.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
WTID returns by calendar year
0 of 2 full years positive. Best 2024 (−7.8%), worst 2025 (−44.1%). 2026 is year to date.
WTID annual returns table
| Year | WTID | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −83.2% | −86.4% | +12.3% | +15.1% | −1.0% |
| 2025 | −44.1% | −73.0% | +17.7% | +20.8% | +7.2% |
| 2024 | −7.8% | −51.8% | +24.9% | +25.6% | +1.3% |
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.
WTID largest drawdowns
Now 95.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 15, 2023 | −95.0% | Oct 23, 2026 | not yet | 3.6 years | 3.6 years so far |
| Feb 22, 2023 | −14.2% | Mar 3, 2023 | Mar 10, 2023 | 9 days | 16 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
WTID risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | −47.2% | −48.7% |
| Volatility (annualized) | 60.2% | 59.2% |
| Sharpe ratio | -0.79 | -0.87 |
| Sortino ratio | -0.93 | -1.03 |
| Best month | +31.1% | +31.1% |
| Worst month | −41.3% | −41.3% |
| Best 12 months | +37.8% | +37.8% |
| Worst 12 months | −78.4% | −78.4% |
| Positive months | 47% | 42% |
| Beta vs S&P 500 | -0.10 | — |
| Correlation with S&P 500 | -0.02 | — |
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.
WTID rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 33 | −84.3% | −37.8% | +37.8% | 12% |
| 3-year (a year) | 9 | −55.6% | −47.2% | −42.2% | 0% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
WTID performance overview
UBS ETRACS - ProShares Daily 3x Inverse Crude… (WTID) returned −83.6% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned −51.1% a year, turning $10,000 into about $716. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −95.0%, from Mar 15, 2023 to Oct 23, 2026; the fund has not yet regained that high. Volatility has been 59.2% a year.
Related: WTID chart, WTID holdings, WTID valuation. See the WTID overview for the latest quote and fund facts.
WTID performance FAQ
What is the WTID return over the past year?
WTID returned −83.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 83.6%.
How much would $10,000 invested in WTID be worth?
$10,000 invested in WTID at its first recorded close on February 15, 2023 would be worth about $716 on October 23, 2026 with distributions reinvested.
What was the worst year for WTID?
The worst calendar year was 2025, with a total return of −44.1%. The best was 2024 at −7.8%.
What is the biggest drawdown of WTID?
The largest peak-to-trough decline was −95.0% between March 15, 2023 and October 23, 2026. It has not yet recovered to that high; it is 95.0% below its peak.
How volatile is WTID?
Over the past 3 years WTID had an annualized volatility of 60.2% and a Sharpe ratio of -0.79 (excess return over 1–3 month T-bills per unit of risk).