# RXD (ProShares UltraShort Health Care)

ProShares · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: RXD returned −14.7% where its own daily promise gave −16.6%, 1.9 points over.

## Key facts

- RXD, what XLV did: +8.0%, as of Sep 11, 2026.
- RXD, what −2 times a day gives: −16.6%, as of Sep 11, 2026.
- RXD, what the fund returned: −14.7%, as of Sep 11, 2026.
- RXD, the fund itself added: +1.9 pts, as of Sep 11, 2026.
- RXD, net assets: $3m (issuer page, as of Sep 11, 2026).
- RXD, expense ratio: 0.95% (485BPOS XBRL, Sep 23, 2025).

## RXD over each window to Sep 11, 2026

| Window | Fund | XLV | -2x the move | Difference | XLV moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +3.5% | −1.8% | +3.7% | −0.1 pts | 20% |
| 3 months | −14.7% | +8.0% | −16.0% | +1.3 pts | 19% |
| 6 months | −19.1% | +11.3% | −22.7% | +3.6 pts | 18% |
| 1 year | −29.3% | +20.4% | −40.8% | +11.5 pts | 16% |
| 3 years | −31.2% | +30.9% | −61.8% | +30.6 pts | 15% |
| Since launch | −99.2% | +592.6% | not meaningful over this window | not meaningful over this window | 16% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | -2 times the daily move of XLV, reset daily | ETFIQ |
| Multiple a holder actually got over the window | -1.84 times, against -2 stated | ETFIQ |
| Underlying | XLV | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $3m | issuer page, as of Sep 11, 2026 |
| Expense ratio | 0.95% | 485BPOS XBRL, Sep 23, 2025 |
| Launched | Jan 4, 2010 | ETFIQ |
| Underlying volatility over the window | 19% annualized | ETFIQ |

## Questions

### Did RXD return -2 times XLV?

Over the window to Sep 11, 2026, XLV moved +8.0% and RXD returned −14.7%. 2 times that move is −16.0%, so the fund came out 1.3 points ahead of it.

### Why does RXD not return -2 times over a year?

Because it resets daily. RXD aims at -2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what -2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, RXD, data as of Sep 11, 2026. https://etfiq.com/funds/RXD
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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