ProShares Maximum Drawdown
| OILK ETF | | | USD 55.85 -2.91 -4.95% |
Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough. Below is ProShares's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
The Maximum Drawdown of 10.83 for ProShares indicates a moderate peak-to-trough loss. This places ProShares's drawdown exposure within the typical range for ETF.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 10.83 | |
| MAX | = | Maximum notation for the range of returns on ProShares |
Maximum Drawdown Peers Comparison
Among sector peers, ProShares's Maximum Drawdown of 10.83 is above the 4.91 group average. The range runs from 1.2 (Innovator ETFs Trust) to 9.4 (YieldMax Semiconductor Portfolio). ProShares's deeper drawdown relative to peers indicates greater historical downside exposure.
Maximum Drawdown Relative To Other Indicators
The chart below plots Maximum Drawdown against Maximum Drawdown for ProShares and its peers. Each point represents one equity — position along the horizontal axis shows Maximum Drawdown while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
The Maximum Drawdown-to-Maximum Drawdown ratio for ProShares sits near
1.00 , with Maximum Drawdown at
10.83 and Maximum Drawdown at
10.83 . The two measures are closely aligned in magnitude for ProShares.
Methodology, Assumptions & Data Sources
ProShares has a current Maximum Drawdown reading of 10.83. The Maximum Drawdown for ProShares is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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