through: Feb 05, 2016

ETF Performance Summary: Derivatives - Leveraged and Volatility Products

ETF Name Assets * 1-Day Rtn Year-To-Date Return 2015 2014 2013

Primary Leveraged ETFs

SSO +2x ProShares Leveraged Long S&P 500 $1,956 -3.7%
-15.6%
-1.2% +25.5% +70.5%

-1x Inverse ETFs (Not Leveraged)

DGZ -1x PowerShares DB Short Gold ETN $34 -1.7%
-10.2%
+9.1% -0.4% +33.2%
DOG -1x ProShares Short Dow 30 $328 +1.3%
+6.8%
-2.9% -10.8% -24.1%
EFZ -1x ProShares Short MSCI EAFE Index $73 +1.4%
+8.6%
-3.0% +3.9% -20.0%
EUM -1x ProShares Short MSCI Emerging Markets $417 +1.1%
+5.9%
+11.9% +0.1% -1.4%
MYY -1x ProShares Short S&P MidCap 400 $21 +1.9%
+8.6%
-0.8% -11.3% -27.1%
PSQ -1x Proshares Short QQQ $254 +3.5%
+13.1%
-12.2% -18.5% -28.6%
REK -1x Proshares Short DJ Real Estate $26 +2.2%
+6.9%
-4.4% -24.1% -5.2%
RWM -1x ProShares Short Russell 2000 $386 +2.7%
+13.9%
+0.5% -8.5% -30.6%
SEF -1x Proshares Short DJ U.S. Financials $22 +1.6%
+12.7%
-3.8% -14.9% -27.4%
SH -1x ProShares Short S&P 500 Index $1,646 +1.9%
+8.0%
-4.2% -13.7% -25.9%
SJB -1x ProShares Short iBoxx High-Yield $215 +0.7%
+3.2%
+2.4% -4.6% -8.8%
TBF -1x ProShares Short 20+ Year Treasury $800 -0.1%
-6.6%
-1.7% -23.5% +11.9%
TBX -1x ProShares Short 7-10 Yr Treasury $35 +0.1%
-3.8%
-3.2% -10.1% +4.6%

+2x Leveraged Long Equity

BIB +2x ProShares Ultra NASDAQ Biotech $754 -6.5%
-43.8%
+13.9% +66.8% +159.6%
DDM +2x ProShares Leveraged Long Dow 30 $248 -2.5%
-13.8%
-3.3% +17.9% +64.7%
DIG +2x ProShares Leveraged Long DJ Oil & Gas $120 -4.0%
-15.1%
-44.0% -21.9% +53.2%
DVYL +2x ETRACS Monthly Pay DJ Select Dividend $43 -0.8%
-1.6%
-4.6% +30.1% +63.6%
EET +2x ProShares Lev Long MSCI Emerg Mkts $15 -4.8%
-14.5%
-33.4% -11.0% -11.4%
EFO +2x ProShares Lev Long MSCI EAFE $34 +0.0%
-14.8%
-6.4% -14.5% +42.6%
EZJ +2x ProShares Leveraged Long Japan $13 -3.2%
-19.9%
+14.5% -15.3% +50.1%
MORL +2x ETRACS Monthly Pay Lev Mortgage REIT $266 -1.8%
-13.0%
-21.0% +36.3% -2.7%
MVV +2x ProShares Leveraged Long S&P Midcap $114 -4.2%
-17.0%
-7.6% +16.0% +71.4%
QLD +2x ProShares Leveraged Long Nasdaq-100 $1,038 -7.0%
-23.9%
+14.7% +37.6% +82.1%
ROM +2x ProShares Leveraged Long DJ Technology $134 -7.3%
-22.0%
+3.6% +38.9% +56.9%
RXL +2x ProShares Ultra Health Care $145 -4.4%
-22.6%
+7.5% +53.1% +94.0%
SAA +2x ProShares Lev S&P SmallCap 600 $19 +0.1%
-20.0%
-5.6% +7.7% +94.1%
UPW +2x ProShares Ultra Utilities $16 +0.7%
+14.8%
-12.5% +60.0% +30.0%
UWM +2x ProShares Leveraged Long Russell 2000 $198 -5.5%
-25.0%
-12.3% +6.4% +87.0%
UYG +2x ProShares Leveraged Long DJ Financials $750 -2.9%
-22.1%
-4.1% +27.4% +74.2%
UYM +2x ProShares Leveraged Long Materials $46 -2.0%
-13.8%
-27.1% +2.9% +38.6%
XPP +2x ProShares Lev Long FTSE China $23 -2.0%
-30.4%
-30.2% +19.6% -7.2%

-2x Leveraged Short Equity

DUG -2x ProShares Leveraged Short DJ Oil & Gas $37 +4.1%
+9.2%
+34.7% +8.4% -41.5%
DXD -2x Proshares Leveraged Short Dow 30 $210 +2.7%
+13.7%
-7.4% -20.6% -42.6%
EEV -2x ProShares Lev Short MSCI Emerg Mkts $74 +2.3%
+11.4%
+20.6% -1.7% -5.0%
EFU -2x ProShares Leveraged Short MSCI EAFE $4 +3.1%
+17.0%
-7.8% +6.9% -36.6%
EPV -2x ProShares Leveraged Short MSCI Europe $45 +3.0%
+16.1%
-7.8% +5.2% -42.2%
FXP -2x ProShares Lev Short FTSE China 25 $61 +1.4%
+35.3%
-0.8% -30.8% -13.1%
MZZ -2x ProShares Leveraged Short S&P Midcap $8 +4.4%
+17.3%
-3.0% -21.8% -47.2%
QID -2x ProShares Leveraged Short QQQ $328 +6.9%
+26.8%
-24.7% -34.2% -49.4%
REW -2x ProShares Lev Short DJ Technology $7 +7.8%
+23.1%
-16.2% -36.7% -41.5%
SDS -2x ProShares Leveraged Short S&P 500 $1,367 +3.9%
+16.2%
-9.6% -25.7% -45.2%
SKF -2x ProShares Lev Short DJ Financials $51 +3.0%
+25.3%
-8.6% -28.0% -48.1%
TWM -2x ProShares Leveraged Short Russell 2000 $163 +5.6%
+29.0%
-0.8% -17.7% -52.5%

+2x Leveraged Long (Non-Equities)

AGQ +2x ProShares Leveraged Long Silver $217 +2.3%
+17.5%
-28.8% -39.6% -64.3%
BDCL +2x ETRACS Leveraged WF Business Develop $222 -0.2%
-14.1%
-11.3% -16.0% +32.6%
BDD +2x Leveraged Long DB Base Metals ETN $2 -4.7%
-2.3%
-45.5% -10.5% -22.4%
CEFL +2x ETRACS Monthly Pay Lev Closed End Fund $154 -0.4%
-7.3%
-20.2% +4.5% N/A
DAG +2x Leveraged DB Agriculture Double Long $8 +0.0%
-4.6%
-37.1% -28.4% -38.4%
DGP +2x PowerShares DB Gold Double Long ETN $108 +2.9%
+22.1%
-22.8% -6.4% -51.8%
DYY +2x Powershares Lev Long DB Commodity $2 +0.0%
-12.5%
-18.1% -42.3% -27.1%
UBT +2x ProShares Leveraged Long 20+ Yr Tsy $44 +0.3%
+15.1%
-7.9% +60.4% -26.8%
UCO +2x ProShares Lev Long DJ-UBS Crude Oil $784 -4.7%
-36.6%
-75.8% -67.8% +9.9%
UGL +2x ProShares Leveraged Long Gold $70 +3.2%
+22.2%
-22.6% -6.9% -51.6%
ULE +2x ProShares Leveraged Long Euro Currency $11 -0.9%
+5.0%
-21.7% -23.8% +6.8%
URE +2x ProShares Lev Long DJ Real Estate $233 -4.5%
-13.4%
-0.2% +57.9% -0.7%
UST +2x ProShares Lev Long 7-10 Yr Tsy $45 +0.3%
+8.1%
+1.9% +17.7% -12.5%
YCL +2x Proshares Leveraged Long Yen Currency $5 -0.6%
+5.4%
-3.2% -24.1% -34.2%

-2x Leveraged Short (Non-Equities)

CMD -2x ProShares Short DJ-UBS Commodity $8 +0.0%
+6.3%
+60.6% +49.7% +13.1%
DZZ -2x PowerShares DB Gold Double Short $92 -3.5%
-19.8%
+17.3% -1.7% +72.0%
EUO -2x ProShares Lev Short Euro Currency $527 +1.0%
-5.2%
+18.1% +26.7% -10.3%
GLL -2x ProShares Leveraged Short Gold $75 -3.3%
-19.5%
+15.6% -3.2% +65.4%
PST -2x ProShares Lev Short 7-10yr Treasury $189 -0.2%
-7.5%
-6.2% -18.3% +9.8%
SCO -2x ProShares Lev Short DJ-UBS Crude Oil $96 +4.7%
+32.2%
+74.6% +142.3% -21.9%
SRS -2x ProShares Short DJ Real Estate $27 +4.4%
+12.9%
-12.0% -41.0% -11.0%
TBT -2x ProShares Leveraged Short 20+ Yr Bond $2,552 -0.3%
-13.0%
-5.0% -41.4% +24.8%
YCS -2x Proshares Leveraged Short Yen Currency $246 +0.3%
-5.7%
-1.6% +25.9% +39.7%
ZSL -2x ProShares Leveraged Short Silver $56 -2.2%
-17.2%
+8.1% +32.4% +80.1%

+3x Leveraged Long Products

CURE +3x Direxion Leveraged Healthcare Bull $326 -6.0%
-30.0%
+7.4% +80.0% +164.8%
DRN +3x Direxion Lev MSCI Real Estate $106 -5.8%
-16.6%
-4.2% +108.2% -2.2%
EDC +3x Direxion Lev MSCI Emerging Markets $167 -3.5%
-21.7%
-49.8% -20.1% -21.2%
ERX +3x Direxion Lev Rus 1000 Energy $464 -6.9%
-24.8%
-61.3% -32.7% +85.4%
FAS +3x Direxion Lev Rus 1000 Financials $1,371 -4.7%
-31.9%
-8.6% +40.8% +125.9%
GASL +3x Direxion Daily Natural Gas Bull $36 -10.8%
-52.8%
-97.1% -87.4% +69.2%
LABU +3x DRXN S&P Biotech Bull 3x Shares $142 -11.3%
-70.2%
N/A N/A N/A
MIDU +3x Direxion Leveraged MidCap S&P 400 $49 -6.4%
-24.5%
-15.1% +22.6% +121.7%
NUGT +3x Direxion Leveraged Long Gold Miners $641 +16.8%
+77.2%
-78.2% -59.3% -95.0%
RETL +3x Direxion Leveraged Retail Sector Bull $64 -9.5%
-32.6%
+44.3% +32.7% +137.6%
RUSL +3x Direxion Lev Long Russia Bull $185 -3.7%
-22.3%
-32.5% -91.1% -15.7%
SOXL +3x Direxion Philadelphia Semiconductor $112 -10.1%
-33.4%
-20.6% +95.3% +156.7%
SPXL +3x Direxion Leveraged S&P 500 $630 -5.7%
-23.2%
-5.5% +37.5% +118.4%
TECL +3x DirexionTechnology Bull $180 -8.4%
-23.7%
+4.7% +52.5% +87.4%
TMF +3x Direxion Leveraged 20-Yr Treasury Bond $67 +0.4%
+22.6%
-13.7% +97.3% -39.0%
TNA +3x Direxion Leveraged Russell 2000 $886 -8.1%
-35.7%
-21.5% +5.2% +146.5%
TQQQ +3x ProShares Leveraged NASDAQ-100 $1,371 -10.3%
-34.4%
+17.2% +57.1% +139.7%
TYD +3x Direxion Leveraged 7-10 Yr Treasury $7 +0.0%
+12.1%
+2.1% +25.6% -18.4%
UDOW +3x ProShares Leveraged Dow 30 $184 -3.9%
-20.5%
-8.6% +26.0% +107.1%
UGAZ +3x VelocityShares Lev Long Natural Gas $316 +9.4%
-38.1%
-87.7% -81.4% -2.2%
UGLD +3x VelocityShares Leveraged Long Gold $40 +4.6%
+34.9%
-34.3% -12.8% -69.3%
UPRO +3x ProShares Leveraged S&P 500 $1,030 -5.7%
-23.1%
-5.2% +38.0% +118.5%
URTY +3x ProShares Ultrapro Russell 2000 $85 -8.3%
-35.7%
-21.0% +5.9% +147.9%
UWTI +3x VelocityShares Long Crude ETN $890 -6.5%
-52.9%
-91.9% -84.2% +7.6%
YINN +3x Direxion Leveraged FTSE China $138 -2.0%
-42.7%
-50.4% +19.1% +61.0%

-3x Leveraged Short Products

DGAZ -3x VelocityShares Inverse Natural Gas $80 -10.6%
+26.9%
+55.7% -9.0% -57.1%
DUST -3x Direxion Daily Gold Miners Bear $183 -16.6%
-56.3%
-33.0% -44.0% +179.6%
DWTI -3x VelocityShares 3x Inverse Crude $219 +6.9%
+42.5%
+70.5% +260.9% -32.2%
EDZ -3x Direxion Lev Short MSCI Emerg Markets $112 +3.3%
+15.7%
+25.2% -5.8% -11.7%
ERY -3x Direxion S&P Leveraged Short Energy $73 +7.0%
+11.7%
+39.6% +4.4% -57.1%
FAZ -3x Direxion Lev Rus 1000 Financials $308 +4.4%
+37.5%
-18.7% -41.1% -64.4%
SDOW -3x ProShares Leveraged Short Dow 30 $144 +3.8%
+20.2%
-13.8% -30.3% -56.9%
SPXS -3x Direxion Leveraged Short S&P 500 $282 +5.5%
+23.8%
-17.9% -38.0% -60.7%
SPXU -3x ProShares Leveraged Short S&P 500 $533 +5.6%
+23.8%
-16.6% -36.9% -60.1%
SQQQ -3x ProShares Leveraged Short NASDAQ-100 $373 +10.4%
+41.3%
-37.5% -48.0% -64.6%
SRTY -3x ProShares Lev Short Russell 2000 $51 +8.4%
+44.8%
-5.1% -28.1% -68.1%
TECS -3x Direxion Technology Bear $18 +8.7%
+22.2%
-31.1% -46.1% -55.2%
TMV -3x Direxion Lev Short 20-Yr Treasury $499 -0.4%
-19.3%
-11.8% -56.4% +34.1%
TZA -3x Direxion Leveraged Russell 2000 $388 +8.2%
+44.2%
-6.3% -29.3% -68.6%
YANG -3x Direxion Daily FTSE China Bear $63 +2.1%
+54.3%
-13.0% -45.7% -59.8%

Volatility Products

CVOL C-Tracks Citi Volatility Index $3 +9.9%
+51.8%
-60.7% -68.0% -88.6%
HVPW ALPS Equity High Volatility Put Write ETF $50 -2.4%
-7.7%
-1.5% +0.0% N/A
SVXY -1x Proshares Inverse VIX Short-Term $628 -4.0%
-29.7%
-17.5% -9.4% +106.2%
TVIX +2x VelocityShares Daily VIX Short-Term $299 +8.1%
+60.2%
-77.3% -63.2% -92.0%
UVXY +2x ProShares Leveraged VIX Short-Term $566 +7.8%
+60.8%
-77.5% -62.5% -92.0%
VIXM ProShares S&P 500 VIX Mid-Term Futures $28 +2.6%
+15.3%
-15.5% -17.2% -43.6%
VIXY ProShares S&P 500 VIX Short-Term Futures $106 +4.0%
+31.1%
-36.5% -26.4% -66.5%
VXX S&P 500 VIX Short-Term Futures $761 +3.9%
+31.1%
-36.2% -25.9% -66.6%
VXZ S&P 500 VIX Mid-Term Futures $38 +2.5%
+15.2%
-15.1% -16.5% -43.8%
XIV -1x VelocityShares Inverse VIX Short-Term $1,012 -4.0%
-29.6%
-17.1% -9.4% +107.2%
XVIX UBS E-TRACS Daily Long-Short VIX ETN $12 +0.0%
-3.4%
-0.6% -9.1% -9.3%
XVZ iPath S&P 500 Dynamic VIX ETN $9 +0.5%
+4.3%
-9.4% -15.6% -26.7%
XXV -1x iPath Inverse VIX Short-Tm Futures ETN N/A +0.1%
-0.2%
-0.5% -0.5% +1.8%
ZIV -1x VelocityShares Inverse VIX Medium-Term $104 -2.5%
-15.1%
-1.1% +7.9% +62.8%
All returns are Total Return: calculated using market prices and include any dividends
* Total Net Assets (million) as of end Dec-2015