ERY
ERY (ProShares UltraShort Oil & Gas) is an exchange-traded fund (ETF) designed to deliver twice the inverse (-2x) of the daily performance of the Dow Jones U.S. Oil & Gas Index. It aims to provide a leveraged inverse return, meaning it seeks to profit from declines in the value of the underlying index.
Asset Summary
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Asset Performance Metrics and Risk Characteristics:
Metrics below use daily returns for Jan 1, 2026 – Sep 10, 2026 (YTD).
Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.
1 Month Trailing Return
-14.98%
Represents the percentage change in asset value over the past month.
3 Month Trailing Return
-23.00%
Indicates the percentage change in asset value over the last three months.
Period Max Drawdown
55.94%
The highest percentage drop from the peak value to the lowest point during the observed period.
Standard Deviation
46.60%
Shows how much the asset’s daily returns deviate from the average, annualized for the entire period.
Sharpe Ratio
-2.28
Measures the average return earned in excess of the risk-free rate per unit of volatility, annualized.
Calmar Ratio
-1.90
The ratio of the annualized return to the maximum drawdown, reflecting the return per unit of risk.
Asset Technical Analysis
Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. Using indicators such as moving averages, pivot levels, momentum studies, and candlestick pattern scans can clarify trend strength and volatility. The tabs below summarize moving averages, pivots, technical indicators, candlestick patterns, and recent prices for this symbol.
Analysis
Moving Averages
Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:
| Type/Period | |
|---|---|
| SMA | |
| EMA | |
| WMA | |
| WEMA |
- SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
- EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
- WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
- WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.
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Maximize Results NowFrequently Asked Questions
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ERY has an expense ratio of approximately 0.95%. This fee accounts for the costs associated with managing the fund, including administrative and operational expenses.
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Yes, ERY can be held in retirement accounts such as IRAs or 401(k)s. However, due to its leveraged nature, it is essential to consider how it fits within your overall investment strategy and risk tolerance.
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Investors can purchase shares of ERY through a brokerage account. It is traded on major stock exchanges under the ticker symbol "ERY" and can be bought and sold like other stocks and ETFs.
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Factors influencing ERY’s performance include the volatility and performance of the oil and gas sector, overall market conditions, and the effectiveness of the leveraged inverse strategy. Daily rebalancing and compounding effects can also impact performance.
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Key performance metrics for ERY include its net asset value (NAV), daily percentage returns, expense ratio, and tracking error. NAV reflects the per-share value of the ETF, daily returns indicate the leveraged inverse performance relative to the index, and the expense ratio covers management fees.
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ERY aims to deliver twice the inverse (-2x) of the daily performance of the Dow Jones U.S. Oil & Gas Index. Due to its leveraged nature, ERY’s performance can vary significantly from the index over longer periods due to daily compounding and rebalancing effects.
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ERY adjusts its holdings and leverage daily to reflect changes in the Dow Jones U.S. Oil & Gas Index. The ETF uses derivatives to achieve its -2x leverage ratio and rebalances frequently to maintain this exposure.
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Historical performance data for ERY includes past returns, NAV, and volatility. This data helps investors understand how well ERY has tracked its target performance and the impact of its leveraged strategy over time.
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ERY uses financial derivatives to achieve twice the inverse (-2x) of the daily performance of the Dow Jones U.S. Oil & Gas Index. The ETF is rebalanced daily to maintain this leverage ratio, which can amplify returns in declining markets and magnify losses in rising markets.
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ERY typically distributes dividends on a quarterly basis. These dividends are derived from income produced by the fund’s underlying securities and any net investment income.
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Disclaimers
The information displayed on this site is sourced from third-party providers and is believed to be reliable. OHLCX has not independently verified this data and does not guarantee its accuracy. Content is for educational and informational purposes only and is not financial or investment advice.
With any investment, your capital is at risk. Past performance is no guarantee of future results. Consult your provider's terms and privacy policies where applicable.
Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.
Securities products are: Not FDIC insured · Not bank guaranteed · May lose value
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