UBS ETRACS - ProShares Daily 3x Long Crude ETN (WTIU) Performance
WTIU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +223.2% since Dec 31, 2025
- 1 year
- +208.0% total return
- 3 years
- +16.2% a year
- Since first price
- +8.5% a year since 2023
WTIU trailing returns vs SPY, QQQ, AGG
| Period | WTIU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +39.0% | +39.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +82.4% | +82.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +86.6% | +86.6% | +7.8% | +8.4% | −1.5% |
| YTD | +223.2% | +223.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +208.0% | +208.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +56.8%+16.2%/yr | +56.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionFeb 15, 2023 | +35.3%+8.5%/yr | +35.3% | — | — | — |
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: WTIU vs SPY
From Feb 15, 2023: WTIU grew to $13,528, SPY to $19,247.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
WTIU returns by calendar year
0 of 2 full years positive. Best 2025 (−9.5%), worst 2024 (−35.4%). 2026 is year to date.
WTIU annual returns table
| Year | WTIU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +223.2% | −49.4% | +12.3% | +15.1% | −1.0% |
| 2025 | −9.5% | −56.2% | +17.7% | +20.8% | +7.2% |
| 2024 | −35.4% | −61.5% | +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.
WTIU largest drawdowns
At an all-time high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 5, 2024 | −76.3% | Apr 8, 2025 | Sep 15, 2026 | 1.0 years | 2.4 years |
| Sep 14, 2023 | −40.1% | Jan 18, 2024 | Mar 28, 2024 | 4 months | 6 months |
| Feb 15, 2023 | −39.4% | May 31, 2023 | Sep 12, 2023 | 3 months | 7 months |
| Sep 15, 2026 | −21.6% | Sep 29, 2026 | Oct 13, 2026 | 14 days | 28 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
WTIU risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +0.5% | +3.5% |
| Volatility (annualized) | 70.7% | 67.9% |
| Sharpe ratio | 0.28 | 0.31 |
| Sortino ratio | 0.47 | 0.52 |
| Best month | +49.0% | +49.0% |
| Worst month | −42.4% | −42.4% |
| Best 12 months | +157.8% | +157.8% |
| Worst 12 months | −65.3% | −65.3% |
| Positive months | 44% | 49% |
| Beta vs S&P 500 | -0.17 | — |
| Correlation with S&P 500 | -0.03 | — |
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.
WTIU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 33 | −65.3% | −9.5% | +218.6% | 39% |
| 3-year (a year) | 9 | −6.2% | +1.5% | +20.3% | 67% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
WTIU performance overview
UBS ETRACS - ProShares Daily 3x Long Crude ETN (WTIU) returned +208.0% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +8.5% a year, turning $10,000 into about $13,528. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −76.3%, from Apr 5, 2024 to Apr 8, 2025, and it took 1.4 years to get back to the old high. Volatility has been 67.9% a year.
Related: WTIU chart, WTIU holdings, WTIU valuation. See the WTIU overview for the latest quote and fund facts.
WTIU performance FAQ
What is the WTIU return over the past year?
WTIU returned +208.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 208.0%.
How much would $10,000 invested in WTIU be worth?
$10,000 invested in WTIU at its first recorded close on February 15, 2023 would be worth about $13,528 on October 23, 2026 with distributions reinvested.
What was the worst year for WTIU?
The worst calendar year was 2024, with a total return of −35.4%. The best was 2025 at −9.5%.
What is the biggest drawdown of WTIU?
The largest peak-to-trough decline was −76.3% between April 5, 2024 and April 8, 2025. It recovered to the old high on September 15, 2026, 1.4 years after the bottom.
How volatile is WTIU?
Over the past 3 years WTIU had an annualized volatility of 70.7% and a Sharpe ratio of 0.28 (excess return over 1–3 month T-bills per unit of risk).