Summary
BIS
Prices · period metrics · 12M
NAV as of 03/06/2026
02/04/2025 → 02/04/2026
Return -49.58% Volatility 46.61% Sharpe -1.20
Official loaded data — not a live quote.

ProShares UltraShort Nasdaq Biotechnology -2x Shares

Symbol: BIS

Exchange: NASDAQ

Sector: N/A

Category: Trading--Inverse Equity

Inception date: 06/04/2010

Latest date: 03/06/2026

Current price: $17.63

Expense ratio: 0.95%

Assets under management
$2.5M
-4.70% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
--

Performance metrics

Period total return

2.38%

Ann. 42.69% (Sharpe / Sortino numerator)

Volatility

57.27%

Sharpe ratio

0.682

VaR 95%

-5.26%

CVaR 95%: -7.34%
Max drawdown: -11.42%
Sortino ratio: 0.923
Calmar ratio: 3.74

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-0.25%

Ann. -27.44% (Sharpe / Sortino numerator)

Volatility

47.36%

Sharpe ratio

-0.656

VaR 95%

-5.37%

CVaR 95%: -6.76%
Max drawdown: -14.12%
Sortino ratio: -0.905
Calmar ratio: -1.94

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-4.09%

Ann. -48.03% (Sharpe / Sortino numerator)

Volatility

40.57%

Sharpe ratio

-1.273

VaR 95%

-4.83%

CVaR 95%: -6.08%
Max drawdown: -30.78%
Sortino ratio: -1.822
Calmar ratio: -1.56

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-49.58%

Ann. -52.51% (Sharpe / Sortino numerator)

Volatility

46.61%

Sharpe ratio

-1.204

VaR 95%

-5.01%

CVaR 95%: -6.69%
Max drawdown: -64.06%
Sortino ratio: -1.807
Calmar ratio: -0.82

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

8.86%

Ann. -28.95% (Sharpe / Sortino numerator)

Volatility

41.74%

Sharpe ratio

-0.780

VaR 95%

-4.14%

CVaR 95%: -5.71%
Max drawdown: -64.06%
Sortino ratio: -1.209
Calmar ratio: -0.45

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-2.79%

Ann. -22.11% (Sharpe / Sortino numerator)

Volatility

39.04%

Sharpe ratio

-0.659

VaR 95%

-3.98%

CVaR 95%: -5.36%
Max drawdown: -65.65%
Sortino ratio: -1.025
Calmar ratio: -0.34

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

-0.241%

Best day

6.025%

02/06/2026
Worst day

-8.875%

31/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $18.50 $18.50 $17.63 $17.63 9,200
02/06/2026 $17.54 $18.31 $17.46 $18.30 17,300
01/06/2026 $16.68 $17.41 $16.68 $17.26 7,200
29/05/2026 $16.69 $16.69 $16.62 $16.63 1,500
28/05/2026 $16.89 $16.89 $16.52 $16.59 2,600
27/05/2026 $17.04 $17.04 $16.78 $16.94 2,650
26/05/2026 $16.84 $17.20 $16.84 $17.06 2,400
22/05/2026 $16.84 $17.22 $16.82 $17.18 1,700
21/05/2026 $17.66 $17.66 $17.04 $17.08 10,350
20/05/2026 $18.08 $18.08 $17.34 $17.36 16,600