through: Feb 27, 2015

ETF Performance Summary: Derivatives - Leveraged and Volatility Products

Symbol ETF Assets * 1-Day Rtn Year-To-Date Return 2014 2013 2012

Primary Leveraged ETFs

SSO +2x ProShares Leveraged Long S&P 500 $2,116 -0.6%
+4.6%
+25.5% +70.5% +31.0%

-1x Inverse ETFs (Not Leveraged)

DGZ -1x PowerShares DB Short Gold ETN $14 -0.2%
-3.2%
-0.4% +33.2% -8.4%
DOG -1x ProShares Short Dow 30 $233 +0.4%
-2.5%
-10.8% -24.1% -11.3%
EFZ -1x ProShares Short MSCI EAFE Index $175 -0.1%
-7.2%
+3.9% -20.0% -19.4%
EUM -1x ProShares Short MSCI Emerging Markets $212 +0.0%
-4.3%
+0.1% -1.4% -20.1%
MYY -1x ProShares Short S&P MidCap 400 $29 +0.4%
-4.1%
-11.3% -27.1% -17.8%
PSQ -1x Proshares Short QQQ $222 +0.5%
-5.2%
-18.5% -28.6% -18.3%
REK -1x Proshares Short DJ Real Estate $10 -0.6%
-2.0%
-24.1% -5.2% -18.3%
RWM -1x ProShares Short Russell 2000 $384 +0.4%
-3.1%
-8.5% -30.6% -18.1%
SEF -1x Proshares Short DJ U.S. Financials $38 +0.1%
+0.0%
-14.9% -27.4% -24.1%
SH -1x ProShares Short S&P 500 Index $1,423 +0.3%
-2.8%
-13.7% -25.9% -15.8%
SJB -1x ProShares Short iBoxx High-Yield $62 -0.1%
-3.4%
-4.6% -8.8% -13.4%
TBF -1x ProShares Short 20+ Year Treasury $858 -0.8%
-3.2%
-23.5% +11.9% -5.7%
TBX -1x ProShares Short 7-10 Yr Treasury $54 -0.3%
-1.9%
-10.1% +4.6% -5.4%

+2x Leveraged Long Equity

BIB +2x ProShares Ultra NASDAQ Biotech $588 -1.9%
+22.5%
+66.8% +159.6% +66.8%
DDM +2x ProShares Leveraged Long Dow 30 $334 -0.9%
+4.0%
+17.9% +64.7% +17.7%
DIG +2x ProShares Leveraged Long DJ Oil & Gas $161 -0.6%
-1.9%
-21.9% +53.2% +4.4%
DVYL +2x ETRACS Monthly Pay DJ Select Dividend $32 -0.3%
+0.4%
+30.1% +63.6% N/A
EET +2x ProShares Lev Long MSCI Emerg Mkts $30 +0.6%
+7.3%
-11.0% -11.4% +33.9%
EFO +2x ProShares Lev Long MSCI EAFE $15 +3.4%
+16.6%
-14.5% +42.6% +35.6%
EZJ +2x ProShares Leveraged Long Japan $20 -0.3%
+19.9%
-15.3% +50.1% +15.7%
MORL +2x ETRACS Monthly Pay Lev Mortgage REIT $297 +1.6%
+2.1%
+36.3% -2.7% N/A
MVV +2x ProShares Leveraged Long S&P Midcap $221 -0.9%
+7.3%
+16.0% +71.4% +33.8%
QLD +2x ProShares Leveraged Long Nasdaq-100 $994 -0.9%
+9.7%
+37.6% +82.1% +34.8%
ROM +2x ProShares Leveraged Long DJ Technology $161 -0.3%
+7.9%
+38.9% +56.9% +19.2%
RXL +2x ProShares Ultra Health Care $187 -0.8%
+11.8%
+53.1% +94.0% +38.6%
SAA +2x ProShares Lev S&P SmallCap 600 $24 -0.2%
+4.9%
+7.7% +94.1% +30.1%
UPW +2x ProShares Ultra Utilities $50 +0.0%
-8.9%
+60.0% +30.0% -1.1%
UWM +2x ProShares Leveraged Long Russell 2000 $325 -0.9%
+4.4%
+6.4% +87.0% +30.6%
UYG +2x ProShares Leveraged Long DJ Financials $778 -0.7%
-1.5%
+27.4% +74.2% +54.2%
UYM +2x ProShares Leveraged Long Materials $78 -0.4%
+8.5%
+2.9% +38.6% +14.8%
XPP +2x ProShares Lev Long FTSE China $61 +0.0%
+9.8%
+19.6% -7.2% +37.4%

-2x Leveraged Short Equity

DUG -2x ProShares Leveraged Short DJ Oil & Gas $56 +0.5%
-2.7%
+8.4% -41.5% -17.9%
DXD -2x Proshares Leveraged Short Dow 30 $194 +1.0%
-5.1%
-20.6% -42.6% -22.0%
EEV -2x ProShares Lev Short MSCI Emerg Mkts $45 +0.1%
-8.9%
-1.7% -5.0% -38.3%
EFU -2x ProShares Leveraged Short MSCI EAFE $6 +0.0%
-13.8%
+6.9% -36.6% -36.5%
EPV -2x ProShares Leveraged Short MSCI Europe $35 -0.4%
-14.2%
+5.2% -42.2% -44.0%
FXP -2x ProShares Lev Short FTSE China 25 $53 -0.1%
-11.5%
-30.8% -13.1% -42.1%
MZZ -2x ProShares Leveraged Short S&P Midcap $9 +0.6%
-8.4%
-21.8% -47.2% -33.4%
QID -2x ProShares Leveraged Short QQQ $323 +0.9%
-10.4%
-34.2% -49.4% -34.3%
REW -2x ProShares Lev Short DJ Technology $6 +1.2%
-8.0%
-36.7% -41.5% -27.5%
SDS -2x ProShares Leveraged Short S&P 500 $1,158 +0.7%
-5.7%
-25.7% -45.2% -29.9%
SKF -2x ProShares Lev Short DJ Financials $65 +0.7%
-0.1%
-28.0% -48.1% -43.5%
TWM -2x ProShares Leveraged Short Russell 2000 $174 +1.0%
-6.2%
-17.7% -52.5% -34.3%

+2x Leveraged Long (Non-Equities)

AGQ +2x ProShares Leveraged Long Silver $332 +0.3%
+9.1%
-39.6% -64.3% +5.9%
BDCL +2x ETRACS Leveraged WF Business Develop $243 +0.6%
+8.8%
-16.0% +32.6% +74.3%
BDD +2x Leveraged Long DB Base Metals ETN $3 -1.4%
-10.0%
-10.5% -22.4% +3.3%
CEFL +2x ETRACS Monthly Pay Lev Closed End Fund $186 +0.6%
+1.8%
+4.5% N/A N/A
DAG +2x Leveraged DB Agriculture Double Long $11 +2.0%
-11.9%
-28.4% -38.4% +9.3%
DGP +2x PowerShares DB Gold Double Long ETN $155 +0.4%
+3.7%
-6.4% -51.8% +9.3%
DYY +2x Powershares Lev Long DB Commodity $2 +7.5%
+0.0%
-42.3% -27.1% +0.3%
MLPL +2x UBS E-TRACS Leveraged Oil & Gas MLP $256 +2.2%
-2.3%
+12.3% +61.4% +5.3%
UBT +2x ProShares Leveraged Long 20+ Yr Tsy $97 +1.6%
+5.1%
+60.4% -26.8% +2.7%
UCO +2x ProShares Lev Long DJ-UBS Crude Oil $751 +1.6%
-21.5%
-67.8% +9.9% -28.4%
UGL +2x ProShares Leveraged Long Gold $113 +0.3%
+4.3%
-6.9% -51.6% +8.0%
ULE +2x ProShares Leveraged Long Euro Currency $3 +0.0%
-14.3%
-23.8% +6.8% +1.9%
URE +2x ProShares Lev Long DJ Real Estate $316 +1.4%
+5.4%
+57.9% -0.7% +36.8%
UST +2x ProShares Lev Long 7-10 Yr Tsy $102 +0.7%
+3.3%
+17.7% -12.5% +6.7%
YCL +2x Proshares Leveraged Long Yen Currency $2 -0.4%
-0.5%
-24.1% -34.2% -22.5%

-2x Leveraged Short (Non-Equities)

CMD -2x ProShares Short DJ-UBS Commodity $6 +0.0%
+2.3%
+49.7% +13.1% -8.1%
DZZ -2x PowerShares DB Gold Double Short $58 -0.3%
-7.1%
-1.7% +72.0% -17.9%
EUO -2x ProShares Lev Short Euro Currency $572 +0.2%
+16.0%
+26.7% -10.3% -6.6%
GLL -2x ProShares Leveraged Short Gold $76 -0.2%
-5.5%
-3.2% +65.4% -21.0%
PST -2x ProShares Lev Short 7-10yr Treasury $234 -0.7%
-3.6%
-18.3% +9.8% -9.5%
SCO -2x ProShares Lev Short DJ-UBS Crude Oil $207 -2.5%
+0.5%
+142.3% -21.9% +4.5%
SRS -2x ProShares Short DJ Real Estate $29 -1.6%
-6.9%
-41.0% -11.0% -34.0%
TBT -2x ProShares Leveraged Short 20+ Yr Bond $2,439 -1.7%
-7.0%
-41.4% +24.8% -12.2%
YCS -2x Proshares Leveraged Short Yen Currency $483 +0.3%
-0.7%
+25.9% +39.7% +24.0%
ZSL -2x ProShares Leveraged Short Silver $49 -0.7%
-14.1%
+32.4% +80.1% -36.9%

+3x Leveraged Long Products

CURE +3x Direxion Leveraged Healthcare Bull $288 -1.4%
+16.2%
+80.0% +161.2% +50.8%
DRN +3x Direxion Lev MSCI Real Estate $177 +2.3%
+7.2%
+108.2% -2.2% +50.3%
EDC +3x Direxion Lev MSCI Emerging Markets $228 -0.4%
+9.2%
-20.1% -21.2% +46.6%
ERX +3x Direxion Lev Rus 1000 Energy $448 -1.3%
-4.2%
-32.7% +85.4% +3.5%
FAS +3x Direxion Lev Rus 1000 Financials $1,316 -1.2%
-2.2%
+40.8% +125.9% +84.9%
MIDU +3x Direxion Leveraged MidCap S&P 400 $80 -1.3%
+10.7%
+22.6% +121.7% +49.1%
NUGT +3x Direxion Leveraged Long Gold Miners $923 +4.5%
+40.4%
-59.3% -95.0% -43.9%
RUSL +3x Direxion Lev Long Russia Bull $131 +6.1%
+56.2%
-91.1% -15.7% +18.5%
SOXL +3x Direxion Philadelphia Semiconductor $138 -0.7%
+11.4%
+95.3% +156.7% +3.6%
SPXL +3x Direxion Leveraged S&P 500 $625 -1.0%
+6.4%
+37.5% +118.4% +44.1%
TECL +3x DirexionTechnology Bull $180 -1.3%
+11.6%
+52.5% +87.4% +33.7%
TMF +3x Direxion Leveraged 20-Yr Treasury Bond $124 +2.4%
+7.6%
+97.3% -39.0% +0.6%
TNA +3x Direxion Leveraged Russell 2000 $859 -1.6%
+5.8%
+5.2% +146.5% +42.6%
TQQQ +3x ProShares Leveraged NASDAQ-100 $1,134 -1.3%
+14.2%
+57.1% +139.7% +52.3%
TYD +3x Direxion Leveraged 7-10 Yr Treasury $5 -0.7%
+4.5%
+25.6% -18.4% +10.2%
UDOW +3x ProShares Leveraged Dow 30 $157 -1.4%
+5.1%
+26.0% +107.1% +26.4%
UGAZ +3x VelocityShares Lev Long Natural Gas $439 +1.5%
-33.7%
-81.4% -2.2% N/A
UGLD +3x VelocityShares Leveraged Long Gold $48 +0.6%
+5.9%
-12.8% -69.3% +8.3%
UPRO +3x ProShares Leveraged S&P 500 $1,002 -1.0%
+6.4%
+38.0% +118.5% +46.8%
URTY +3x ProShares Ultrapro Russell 2000 $151 -1.6%
+5.9%
+5.9% +147.9% +44.6%
YINN +3x Direxion Leveraged FTSE China $106 -0.1%
+13.5%
+19.1% +61.0% +14.8%

-3x Leveraged Short Products

DGAZ -3x VelocityShares Inverse Natural Gas $62 -2.2%
-6.6%
-9.0% -57.1% N/A
DUST -3x Direxion Daily Gold Miners Bear $164 -4.5%
-46.4%
-44.0% +179.6% -26.0%
EDZ -3x Direxion Lev Short MSCI Emerg Markets $74 +0.3%
-13.6%
-5.8% -11.7% -54.2%
ERY -3x Direxion S&P Leveraged Short Energy $74 +1.3%
-5.9%
+4.4% -57.1% -30.9%
FAZ -3x Direxion Lev Rus 1000 Financials $282 +1.0%
-1.9%
-41.1% -64.4% -59.5%
SDOW -3x ProShares Leveraged Short Dow 30 $103 +1.4%
-8.0%
-30.3% -56.9% -32.1%
SPXS -3x Direxion Leveraged Short S&P 500 $178 +1.0%
-9.1%
-38.0% -60.7% -42.7%
SPXU -3x ProShares Leveraged Short S&P 500 $401 +1.0%
-8.8%
-36.9% -60.1% -42.5%
SQQQ -3x ProShares Leveraged Short NASDAQ-100 $238 +1.3%
-15.5%
-48.0% -64.6% -48.5%
SRTY -3x ProShares Lev Short Russell 2000 $85 +1.5%
-9.8%
-28.1% -68.1% -48.6%
TECS -3x Direxion Technology Bear $12 +1.0%
-13.9%
-46.1% -55.2% -42.6%
TMV -3x Direxion Lev Short 20-Yr Treasury $304 -2.5%
-11.6%
-56.4% +34.1% -20.2%
TZA -3x Direxion Leveraged Russell 2000 $592 +1.5%
-9.9%
-29.3% -68.6% -49.0%

Volatility Products

CVOL C-Tracks Citi Volatility Index $9 -2.3%
-22.7%
-68.0% -88.6% -89.5%
HVPW ALPS Equity High Volatility Put Write ETF $49 -0.2%
+2.7%
+0.0% N/A N/A
SVXY -1x Proshares Inverse VIX Short-Term $435 +0.6%
+5.2%
-9.4% +106.2% +150.4%
TVIX +2x VelocityShares Daily VIX Short-Term $411 +0.0%
-24.6%
-63.2% -92.0% -97.1%
UVXY +2x ProShares Leveraged VIX Short-Term $410 -1.2%
-29.1%
-62.5% -92.0% -97.1%
VIXM ProShares S&P 500 VIX Mid-Term Futures $30 -0.8%
-4.7%
-17.2% -43.6% -53.8%
VIXY ProShares S&P 500 VIX Short-Term Futures $109 -0.4%
-12.4%
-26.4% -66.5% -77.5%
VXX S&P 500 VIX Short-Term Futures $894 -0.6%
-12.3%
-25.9% -66.6% -77.6%
VXZ S&P 500 VIX Mid-Term Futures $49 -1.0%
-4.6%
-16.5% -43.8% -53.9%
XIV -1x VelocityShares Inverse VIX Short-Term $835 +0.5%
+5.2%
-9.4% +107.2% +154.9%
XVIX UBS E-TRACS Daily Long-Short VIX ETN $12 -0.4%
+1.3%
-9.1% -9.3% -11.1%
XVZ iPath S&P 500 Dynamic VIX ETN $21 -0.6%
-0.9%
-15.6% -26.7% -18.6%
XXV -1x iPath Inverse VIX Short-Tm Futures ETN $4 +0.0%
-0.1%
-0.5% +1.8% +14.6%
ZIV -1x VelocityShares Inverse VIX Medium-Term $100 +0.9%
+1.9%
+7.9% +62.8% +90.8%
All returns are Total Return: calculated using market prices and include any dividends
* Total Net Assets (million) as of end Jan-2015