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Performance analysis of SMN (ProShares UltraShort Materials)

Annual Return

Over the past 3 years, SMN has had an average annual return of -17.47%, underperforming the benchmark SPY, which returned +22.45% annual.

Over the past 5 years, SMN has had an average annual return of -14.35%, underperforming the benchmark SPY, which returned +13.88% annual.

Over the past 10 years, SMN has had an average annual return of -25.06%, underperforming the benchmark SPY, which returned +15.44% annual.

Since Feb 2, 2007, SMN has had an average annual return of -27.87%, underperforming the benchmark SPY, which returned +10.92% annual.

202620252024202320222021202020192018201720162015
-21.74%-20.69%+7.41%-18.18%-5.71%-45.31%-55.56%-33.64%+33.13%-38.26%-37.88%+15.80%
20142013201220112010200920082007
-13.44%-36.24%-27.87%-3.25%-54.66%-78.16%+56.08%-38.34%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026-13.04%-15.00%+11.76%-5.26%+0%+0%-21.74%
2025-10.34%+0%+3.85%+0%-3.70%-3.85%-0%-8.00%+4.35%+8.33%-7.69%-4.17%-20.69%
2024+7.41%-10.34%-11.54%+8.70%-4.00%+8.33%-7.69%-4.17%-4.35%+4.55%+0%+26.09%+7.41%
2023-15.15%+3.57%+3.45%+0%+16.67%-20.00%-3.57%+3.70%+14.29%+6.25%-14.71%-6.90%-18.18%
2022+14.29%-5.00%-18.42%+9.68%-5.88%+37.50%-13.64%+5.26%+20%-18.75%-23.08%+10%-5.71%
2021+1.56%-9.23%-16.95%-8.16%-13.33%+12.82%-4.55%-2.38%+14.63%-14.89%+2.50%-14.63%-45.31%
2020+15.97%+19.16%+10.55%-32.73%-15.54%-8.00%-14.78%-9.18%+0%+2.25%-25.27%-5.88%-55.56%
2019-12.90%-6.88%+0.57%-5.65%+21.56%-21.18%+2.50%+8.54%-7.30%+0%-6.67%-6.49%-33.64%
2018-7.36%+7.95%+9.20%-4.49%-4.12%+0%-6.13%+1.96%+4.49%+22.70%-5.00%+14.21%+33.13%
2017-8.71%-4.15%-2.60%-0.44%+2.68%-4.35%-5.45%-1.92%-7.84%-6.91%-1.71%-5.23%-38.26%

Drawdown analysis of SMN (ProShares UltraShort Materials)

The maximum drawdown for the SMN was -99.92%, occurring on Feb 10, 2026. This drawdown has not yet recovered.

The current SMN drawdown is -99.91%.

Since Feb 2, 2007 SMN has experienced the following drawdowns:

  • 50% or more: 2 times
  • 40% or more: 3 times
  • 30% or more: 3 times
  • 20% or more: 4 times
  • 10% or more: 4 times
DepthStartTo BottomBottomTo RecoverEndTotal
-99.92%Nov 20, 20084330Feb 10, 2026OngoingOngoingOngoing
-61.90%Mar 5, 2007326Jun 18, 200876Oct 6, 2008402
-42.86%Oct 27, 20086Nov 4, 200812Nov 20, 200818
-27.84%Oct 10, 20086Oct 20, 20084Oct 24, 200810
-9.84%Feb 9, 200710Feb 26, 20074Mar 2, 200714
-1.24%Oct 7, 20081Oct 8, 20081Oct 9, 20082
-1.12%Feb 2, 20074Feb 8, 20071Feb 9, 20075