through: Mar 24, 2017

ETF Performance Summary: Derivatives - Leveraged and Volatility Products

ETF Name Assets * 1-Day Rtn Year-To-Date Return 2016 2015 2014

Primary Leveraged ETFs

SSO +2x ProShares Leveraged Long S&P 500 $1,653 -0.1%
+9.8%
+21.5% -1.2% +25.5%

-1x Inverse ETFs (Not Leveraged)

DGZ -1x PowerShares DB Short Gold ETN $18 -0.3%
-8.4%
-10.2% +9.1% -0.4%
DOG -1x ProShares Short Dow 30 $271 +0.2%
-4.6%
-15.8% -2.9% -10.8%
EFZ -1x ProShares Short MSCI EAFE Index $41 -0.5%
-7.4%
-4.6% -3.0% +3.9%
EUM -1x ProShares Short MSCI Emerging Markets $200 -0.3%
-12.5%
-15.3% +11.9% +0.1%
MYY -1x ProShares Short S&P MidCap 400 $17 +0.2%
-2.7%
-19.3% -0.8% -11.3%
PSQ -1x Proshares Short QQQ $300 -0.1%
-9.5%
-9.4% -12.2% -18.5%
REK -1x Proshares Short DJ Real Estate $17 +0.2%
-2.4%
-9.5% -4.4% -24.1%
RWM -1x ProShares Short Russell 2000 $310 +0.0%
-0.5%
-21.2% +0.5% -8.5%
SEF -1x Proshares Short DJ U.S. Financials $24 +0.2%
-2.4%
-17.2% -3.8% -14.9%
SH -1x ProShares Short S&P 500 Index $1,739 +0.0%
-4.9%
-12.5% -4.2% -13.7%
SJB -1x ProShares Short iBoxx High-Yield $110 -0.2%
-1.2%
-14.0% +2.4% -4.6%
TBF -1x ProShares Short 20+ Year Treasury $759 -0.3%
-1.8%
-3.4% -1.7% -23.5%
TBX -1x ProShares Short 7-10 Yr Treasury $32 +0.3%
-1.1%
-1.5% -3.2% -10.1%

+2x Leveraged Long Equity

BIB +2x ProShares Ultra NASDAQ Biotech $408 +1.2%
+18.5%
-44.2% +13.9% +66.8%
DDM +2x ProShares Leveraged Long Dow 30 $312 -0.5%
+9.1%
+31.6% -3.3% +17.9%
DIG +2x ProShares Leveraged Long DJ Oil & Gas $161 -0.9%
-18.1%
+47.7% -44.0% -21.9%
DVYL +2x ETRACS Monthly Pay DJ Select Dividend $36 -0.8%
+6.2%
+44.8% -4.6% +30.1%
EET +2x ProShares Lev Long MSCI Emerg Mkts $23 +0.8%
+28.7%
+14.5% -33.4% -11.0%
EFO +2x ProShares Lev Long MSCI EAFE $9 +0.9%
+15.4%
-2.9% -6.4% -14.5%
EZJ +2x ProShares Leveraged Long Japan $9 +1.6%
+12.2%
-0.8% +14.5% -15.3%
MORL +2x ETRACS Monthly Pay Lev Mortgage REIT $285 +0.4%
+14.8%
+47.1% -21.0% +36.3%
MVV +2x ProShares Leveraged Long S&P Midcap $143 -0.3%
+4.0%
+39.6% -7.6% +16.0%
QLD +2x ProShares Leveraged Long Nasdaq-100 $935 +0.3%
+21.3%
+10.2% +14.7% +37.6%
ROM +2x ProShares Leveraged Long DJ Technology $128 +0.3%
+23.7%
+23.5% +3.6% +38.9%
RXL +2x ProShares Ultra Health Care $64 +0.6%
+16.9%
-8.8% +7.5% +53.1%
SAA +2x ProShares Lev S&P SmallCap 600 $26 +0.0%
-3.6%
+51.1% -5.6% +7.7%
UPW +2x ProShares Ultra Utilities $14 +0.3%
+15.7%
+29.2% -12.5% +60.0%
UWM +2x ProShares Leveraged Long Russell 2000 $201 +0.2%
-0.7%
+41.2% -12.3% +6.4%
UYG +2x ProShares Leveraged Long DJ Financials $794 -0.1%
+3.5%
+31.4% -4.1% +27.4%
UYM +2x ProShares Leveraged Long Materials $59 -1.4%
+10.8%
+36.5% -27.1% +2.9%
XPP +2x ProShares Lev Long FTSE China $30 -0.4%
+26.9%
-3.7% -30.2% +19.6%

-2x Leveraged Short Equity

DUG -2x ProShares Leveraged Short DJ Oil & Gas $41 +0.8%
+18.8%
-47.9% +34.7% +8.4%
DXD -2x Proshares Leveraged Short Dow 30 $254 +0.5%
-9.0%
-29.7% -7.4% -20.6%
EEV -2x ProShares Lev Short MSCI Emerg Mkts $38 -0.7%
-23.8%
-31.2% +20.6% -1.7%
EFU -2x ProShares Leveraged Short MSCI EAFE $5 -1.1%
-14.3%
-12.2% -7.8% +6.9%
EPV -2x ProShares Leveraged Short MSCI Europe $42 -0.3%
-14.6%
-12.1% -7.8% +5.2%
FXP -2x ProShares Lev Short FTSE China 25 $46 +0.0%
-22.8%
-18.8% -0.8% -30.8%
MZZ -2x ProShares Leveraged Short S&P Midcap $5 +0.6%
-5.7%
-36.0% -3.0% -21.8%
QID -2x ProShares Leveraged Short QQQ $330 -0.4%
-18.2%
-19.5% -24.7% -34.2%
REW -2x ProShares Lev Short DJ Technology $4 +1.0%
-20.8%
-29.6% -16.2% -36.7%
SDS -2x ProShares Leveraged Short S&P 500 $1,685 +0.2%
-9.5%
-24.2% -9.6% -25.7%
SKF -2x ProShares Lev Short DJ Financials $47 +0.0%
-4.7%
-33.3% -8.6% -28.0%
TWM -2x ProShares Leveraged Short Russell 2000 $150 -0.2%
-1.4%
-39.6% -0.8% -17.7%

+2x Leveraged Long (Non-Equities)

AGQ +2x ProShares Leveraged Long Silver $309 +1.9%
+22.3%
+18.5% -28.8% -39.6%
BDCL +2x ETRACS Leveraged WF Business Develop $264 +0.1%
+9.5%
+47.2% -11.3% -16.0%
BDD +2x Leveraged Long DB Base Metals ETN $4 +5.5%
+25.0%
+55.9% -45.5% -10.5%
CEFL +2x ETRACS Monthly Pay Lev Closed End Fund $237 +0.0%
+5.9%
+33.2% -20.2% +4.5%
DAG +2x Leveraged DB Agriculture Double Long $9 -1.4%
-0.6%
+6.4% -37.1% -28.4%
DGP +2x PowerShares DB Gold Double Long ETN $110 +0.3%
+16.7%
+10.9% -22.8% -6.4%
DYY +2x Powershares Lev Long DB Commodity $1 +1.2%
-1.7%
+22.4% -18.1% -42.3%
UBT +2x ProShares Leveraged Long 20+ Yr Tsy $37 +0.7%
+3.4%
+0.3% -7.9% +60.4%
UCO +2x ProShares Lev Long DJ-UBS Crude Oil $843 +1.5%
-26.7%
-6.9% -75.8% -67.8%
UGL +2x ProShares Leveraged Long Gold $106 +0.2%
+16.1%
+11.7% -22.6% -6.9%
ULE +2x ProShares Leveraged Long Euro Currency $12 +0.1%
+3.7%
-9.2% -21.7% -23.8%
URE +2x ProShares Lev Long DJ Real Estate $186 -0.2%
+3.4%
+10.4% -0.2% +57.9%
UST +2x ProShares Lev Long 7-10 Yr Tsy $56 +0.1%
+1.4%
+0.5% +1.9% +17.7%
YCL +2x Proshares Leveraged Long Yen Currency $6 +0.0%
+9.9%
+1.5% -3.2% -24.1%

-2x Leveraged Short (Non-Equities)

DZZ -2x PowerShares DB Gold Double Short $32 -0.2%
-15.4%
-22.7% +17.3% -1.7%
EUO -2x ProShares Lev Short Euro Currency $307 -0.2%
-4.8%
+6.1% +18.1% +26.7%
GLL -2x ProShares Leveraged Short Gold $44 -0.4%
-16.1%
-21.8% +15.6% -3.2%
KOLD -2x ProShares UltraShort BBG Natural Gas $7 -1.2%
+30.6%
-50.5% +70.3% +18.3%
PST -2x ProShares Lev Short 7-10yr Treasury $148 -0.2%
-2.2%
-2.9% -6.2% -18.3%
SCO -2x ProShares Lev Short DJ-UBS Crude Oil $228 -1.5%
+28.9%
-52.6% +74.6% +142.3%
SRS -2x ProShares Short DJ Real Estate $34 +0.1%
-4.8%
-20.4% -12.0% -41.0%
TBT -2x ProShares Leveraged Short 20+ Yr Bond $2,147 -0.7%
-4.2%
-7.4% -5.0% -41.4%
YCS -2x Proshares Leveraged Short Yen Currency $298 +0.4%
-9.9%
-8.7% -1.6% +25.9%
ZSL -2x ProShares Leveraged Short Silver $20 -2.3%
-21.8%
-40.0% +8.1% +32.4%

+3x Leveraged Long Products

CURE +3x Direxion Leveraged Healthcare Bull $170 +1.0%
+26.0%
-17.5% +7.4% +80.0%
DRN +3x Direxion Lev MSCI Real Estate $87 -0.2%
-1.7%
+13.5% -4.2% +108.2%
EDC +3x Direxion Lev MSCI Emerging Markets $165 +0.9%
+44.5%
+14.8% -49.8% -20.1%
ERX +3x Direxion Lev Rus 1000 Energy $547 -1.2%
-25.0%
+70.3% -61.3% -32.7%
FAS +3x Direxion Lev Rus 1000 Financials $1,324 -0.1%
+6.2%
+40.7% -8.6% +40.8%
GASL +3x Direxion Daily Natural Gas Bull $57 +0.8%
-33.2%
-27.5% -97.1% -87.4%
JNUG +3x Direxion Leveraged Junior Gold Miners $985 -1.0%
+18.8%
+79.7% -74.5% -83.8%
LABU +3x DRXN S&P Biotech Bull 3x Shares $314 +2.6%
+48.5%
-62.9% N/A N/A
MIDU +3x Direxion Leveraged MidCap S&P 400 $66 -0.4%
+5.5%
+58.9% -15.1% +22.6%
NUGT +3x Direxion Leveraged Long Gold Miners $1,861 -1.3%
+20.5%
+57.3% -78.2% -59.3%
RETL +3x Direxion Leveraged Retail Sector Bull $34 -0.8%
-20.3%
-0.9% +44.3% +32.7%
RUSL +3x Direxion Lev Long Russia Bull $193 +1.8%
-7.0%
+126.1% -32.5% -91.1%
SOXL +3x Direxion Philadelphia Semiconductor $163 +2.1%
+34.2%
+123.2% -20.6% +95.3%
SPXL +3x Direxion Leveraged S&P 500 $486 -0.2%
+14.8%
+30.0% -5.5% +37.5%
TECL +3x DirexionTechnology Bull $202 +0.1%
+30.7%
+37.1% +4.7% +52.5%
TMF +3x Direxion Leveraged 20-Yr Treasury Bond $72 +1.0%
+4.0%
-2.5% -13.7% +97.3%
TNA +3x Direxion Leveraged Russell 2000 $729 +0.4%
-2.0%
+59.2% -21.5% +5.2%
TQQQ +3x ProShares Leveraged NASDAQ-100 $1,063 +0.5%
+33.3%
+11.4% +17.2% +57.1%
TYD +3x Direxion Leveraged 7-10 Yr Treasury $4 -1.1%
+2.3%
+0.5% +2.1% +25.6%
UDOW +3x ProShares Leveraged Dow 30 $173 -1.0%
+13.8%
+47.5% -8.6% +26.0%
UGAZ +3x VelocityShares Lev Long Natural Gas $480 +2.0%
-56.6%
-24.3% -87.7% -81.4%
UGLD +3x VelocityShares Leveraged Long Gold $92 +0.6%
+24.9%
+13.4% -34.3% -12.8%
UPRO +3x ProShares Leveraged S&P 500 $747 -0.2%
+14.8%
+30.8% -5.2% +38.0%
URTY +3x ProShares Ultrapro Russell 2000 $148 +0.4%
-2.0%
+60.1% -21.0% +5.9%
YINN +3x Direxion Leveraged FTSE China $130 +0.0%
+42.0%
-15.6% -50.4% +19.1%

-3x Leveraged Short Products

DGAZ -3x VelocityShares Inverse Natural Gas $164 -1.8%
+44.3%
-75.8% +55.7% -9.0%
DUST -3x Direxion Daily Gold Miners Bear $257 +1.0%
-36.5%
-94.1% -33.0% -44.0%
EDZ -3x Direxion Lev Short MSCI Emerg Markets $116 -0.9%
-33.7%
-46.3% +25.2% -5.8%
ERY -3x Direxion S&P Leveraged Short Energy $57 +1.3%
+26.9%
-67.5% +39.6% +4.4%
FAZ -3x Direxion Lev Rus 1000 Financials $269 +0.1%
-8.7%
-47.3% -18.7% -41.1%
SDOW -3x ProShares Leveraged Short Dow 30 $235 +0.9%
-13.2%
-42.4% -13.8% -30.3%
SPXS -3x Direxion Leveraged Short S&P 500 $452 +0.2%
-14.2%
-36.2% -17.9% -38.0%
SPXU -3x ProShares Leveraged Short S&P 500 $736 +0.2%
-13.9%
-35.6% -16.6% -36.9%
SQQQ -3x ProShares Leveraged Short NASDAQ-100 $584 -0.6%
-26.1%
-30.1% -37.5% -48.0%
SRTY -3x ProShares Lev Short Russell 2000 $98 -0.4%
-2.8%
-55.3% -5.1% -28.1%
TECS -3x Direxion Technology Bear $16 -0.1%
-25.0%
-43.4% -31.1% -46.1%
TMV -3x Direxion Lev Short 20-Yr Treasury $442 -1.1%
-6.8%
-14.3% -11.8% -56.4%
TZA -3x Direxion Leveraged Russell 2000 $514 -0.3%
-2.8%
-55.9% -6.3% -29.3%
YANG -3x Direxion Daily FTSE China Bear $69 +0.4%
-32.3%
-31.8% -13.0% -45.7%

Volatility Products

HVPW ALPS Equity High Volatility Put Write ETF $31 +0.3%
+1.1%
+1.6% -1.5% +0.0%
SVXY -1x Proshares Inverse VIX Short-Term $342 +1.9%
+47.1%
+80.3% -17.5% -9.4%
TVIX +2x VelocityShares Daily VIX Short-Term $196 -3.7%
-58.4%
-93.9% -77.3% -63.2%
UVXY +2x ProShares Leveraged VIX Short-Term $368 -4.0%
-58.4%
-93.8% -77.5% -62.5%
VIXM ProShares S&P 500 VIX Mid-Term Futures $41 -1.0%
-20.1%
-21.6% -15.5% -17.2%
VIXY ProShares S&P 500 VIX Short-Term Futures $145 -1.8%
-34.3%
-68.1% -36.5% -26.4%
VXX S&P 500 VIX Short-Term Futures $1,165 -1.8%
-34.3%
-68.3% -36.2% -25.9%
VXZ S&P 500 VIX Mid-Term Futures $35 -1.2%
-19.9%
-21.8% -15.1% -16.5%
XIV -1x VelocityShares Inverse VIX Short-Term $576 +2.1%
+47.9%
+81.2% -17.1% -9.4%
XVZ iPath S&P 500 Dynamic VIX ETN $12 +0.0%
-2.6%
+7.4% -9.4% -15.6%
XXV -1x iPath Inverse VIX Short-Tm Futures ETN $0 +0.0%
+1.0%
-1.3% -0.5% -0.5%
ZIV -1x VelocityShares Inverse VIX Medium-Term $83 +1.2%
+23.7%
+12.7% -1.1% +7.9%
All returns are Total Return: calculated using market prices and include any dividends
* Total Net Assets (million) as of end Jan-2017