through: Feb 14, 2020

ETF Performance Summary: Derivatives - Leveraged and Volatility Products

ETF Name Assets * 1-Day Rtn Year-To-Date Return 2019 2018 2017

Primary Leveraged ETFs

SSO +2x ProShares Leveraged Long S&P 500 $2,848 +0.3%
+9.4%
+63.5% -14.6% +44.4%
TQQQ +3x ProShares Leveraged NASDAQ-100 $4,730 +0.7%
+32.3%
+133.8% -19.8% +118.1%

-1x Inverse ETFs (Not Leveraged)

DGZ -1x PowerShares DB Short Gold ETN $4 -0.3%
-3.6%
-13.4% +4.9% -11.4%
DOG -1x ProShares Short Dow 30 $228 +0.1%
-3.2%
-18.4% +3.6% -21.5%
EFZ -1x ProShares Short MSCI EAFE Index $14 +0.2%
+0.4%
-16.6% +16.3% -20.2%
EUM -1x ProShares Short MSCI Emerging Markets $54 -0.1%
+1.0%
-15.3% +14.6% -28.1%
MYY -1x ProShares Short S&P MidCap 400 $11 +0.0%
-1.6%
-20.0% +12.8% -14.6%
PSQ -1x Proshares Short QQQ $578 -0.2%
-9.4%
-27.5% -2.3% -24.8%
REK -1x Proshares Short DJ Real Estate $7 -1.1%
-7.1%
-21.0% +4.6% -9.3%
RWM -1x ProShares Short Russell 2000 $252 +0.3%
-1.3%
-19.8% +11.6% -13.6%
SEF -1x Proshares Short DJ U.S. Financials $16 -0.4%
-3.8%
-23.5% +10.4% -17.1%
SH -1x ProShares Short S&P 500 Index $1,915 -0.2%
-4.6%
-22.1% +4.9% -17.4%
SJB -1x ProShares Short iBoxx High-Yield $112 +0.0%
-1.1%
-11.4% +2.5% -6.2%
TBF -1x ProShares Short 20+ Year Treasury $205 -0.5%
-6.4%
-11.0% +3.3% -8.5%
TBX -1x ProShares Short 7-10 Yr Treasury $19 -0.1%
-2.5%
-5.2% +1.3% -2.6%

+2x Leveraged Long Equity

BIB +2x ProShares Ultra NASDAQ Biotech $156 +0.9%
+2.4%
+46.7% -24.9% +40.5%
DDM +2x ProShares Leveraged Long Dow 30 $357 -0.2%
+6.3%
+48.0% -13.5% +59.6%
DIG +2x ProShares Leveraged Long DJ Oil & Gas $56 -1.1%
-19.2%
+12.5% -40.2% -7.4%
DVYL +2x ETRACS Monthly Pay DJ Select Dividend $37 -0.5%
+0.6%
+44.5% -16.3% +30.5%
EET +2x ProShares Lev Long MSCI Emerg Mkts $25 +0.0%
-4.0%
+31.9% -33.8% +82.4%
EFO +2x ProShares Lev Long MSCI EAFE $7 -0.5%
-1.6%
+40.9% -30.9% +51.8%
EZJ +2x ProShares Leveraged Long Japan $5 -1.5%
-3.3%
+33.8% -31.1% +49.1%
HDLV +2x UBS Lvg US HiDivLowVol ETN $21 +0.3%
+2.2%
+52.0% -23.0% +13.0%
MORL +2x ETRACS Monthly Pay Lev Mortgage REIT $337 +0.4%
+13.2%
+36.1% -11.4% +36.9%
MVV +2x ProShares Leveraged Long S&P Midcap $148 +0.0%
+3.1%
+49.5% -25.5% +30.8%
QLD +2x ProShares Leveraged Long Nasdaq-100 $2,441 +0.5%
+20.9%
+81.7% -8.3% +70.3%
ROM +2x ProShares Leveraged Long DJ Technology $476 +0.6%
+22.7%
+102.1% -9.9% +81.1%
RXL +2x ProShares Ultra Health Care $123 +0.4%
+4.2%
+40.4% +3.4% +46.9%
SAA +2x ProShares Lev S&P SmallCap 600 $25 -1.0%
-1.2%
+42.4% -23.0% +23.9%
UPW +2x ProShares Ultra Utilities $35 +1.6%
+17.3%
+48.6% +2.3% +22.6%
UWM +2x ProShares Leveraged Long Russell 2000 $191 -0.8%
+2.1%
+48.6% -25.9% +26.9%
UYG +2x ProShares Leveraged Long DJ Financials $809 +0.8%
+7.5%
+66.2% -22.6% +39.3%
UYM +2x ProShares Leveraged Long Materials $38 -0.4%
-6.3%
+35.1% -35.7% +51.5%
XPP +2x ProShares Lev Long FTSE China $35 -0.1%
-7.3%
+24.9% -31.4% +80.2%

-2x Leveraged Short Equity

DUG -2x ProShares Leveraged Short DJ Oil & Gas $18 +0.9%
+21.2%
-23.5% +36.2% -1.1%
DXD -2x Proshares Leveraged Short Dow 30 $144 +0.2%
-6.5%
-35.3% +3.1% -38.6%
EEV -2x ProShares Lev Short MSCI Emerg Mkts $21 +0.1%
+1.5%
-30.9% +24.1% -49.0%
EFU -2x ProShares Leveraged Short MSCI EAFE $2 +0.3%
+0.7%
-32.7% +32.3% -36.9%
EPV -2x ProShares Leveraged Short MSCI Europe $12 -0.1%
-0.1%
-36.1% +32.2% -39.8%
FXP -2x ProShares Lev Short FTSE China 25 $58 +0.1%
+4.2%
-29.0% +12.5% -49.8%
MZZ -2x ProShares Leveraged Short S&P Midcap $3 +0.0%
-3.4%
-38.0% +22.9% -27.7%
QID -2x ProShares Leveraged Short QQQ $318 -0.5%
-18.3%
-49.6% -9.8% -44.0%
REW -2x ProShares Lev Short DJ Technology $4 -0.6%
-19.8%
-56.8% -10.0% -49.1%
SDS -2x ProShares Leveraged Short S&P 500 $1,138 -0.3%
-9.1%
-41.2% +6.1% -32.0%
SKF -2x ProShares Lev Short DJ Financials $25 -0.7%
-7.5%
-43.0% +16.4% -31.7%
TWM -2x ProShares Leveraged Short Russell 2000 $88 +0.7%
-3.0%
-38.4% +19.2% -26.4%

+2x Leveraged Long (Non-Equities)

AGQ +2x ProShares Leveraged Long Silver $233 +0.9%
-2.6%
+20.0% -22.1% +5.5%
BDCL +2x ETRACS Leveraged WF Business Develop $141 -0.1%
+4.4%
+53.6% -17.6% -2.5%
CEFL +2x ETRACS Monthly Pay Lev Closed End Fund $165 +0.2%
+4.5%
+42.0% -21.9% +26.8%
DGP +2x PowerShares DB Gold Double Long ETN $108 +0.8%
+7.7%
+32.3% -7.5% +24.2%
MRRL ETRACS Monthly Pay 2XL Levg Mort REIT $311 +0.5%
+13.0%
+39.4% -12.6% +36.9%
PFFL +2x ETRACS Mnthly Pay Lvrgd Pref Stock ETN $36 +0.4%
+3.7%
+30.2% N/A N/A
UBT +2x ProShares Leveraged Long 20+ Yr Tsy $43 +1.0%
+14.0%
+24.4% -6.5% +16.1%
UCO +2x ProShares Lev Long DJ-UBS Crude Oil $338 +2.1%
-27.5%
+53.8% -43.3% +0.3%
UGL +2x ProShares Leveraged Long Gold $117 +0.7%
+7.7%
+31.1% -8.0% +22.5%
UJB +2x Proshares Ultra High Yield Bond $5 +0.0%
+1.9%
+26.7% -6.1% +11.7%
ULE +2x ProShares Leveraged Long Euro Currency $5 +0.3%
-6.7%
-8.9% -13.4% +23.9%
URE +2x ProShares Lev Long DJ Real Estate $144 +2.0%
+15.2%
+57.9% -13.8% +16.6%
UST +2x ProShares Lev Long 7-10 Yr Tsy $28 +0.3%
+5.2%
+13.3% -1.1% +3.2%
YCL +2x Proshares Leveraged Long Yen Currency $3 +0.0%
-2.5%
-3.0% +0.2% +3.5%

-2x Leveraged Short (Non-Equities)

DZZ -2x PowerShares DB Gold Double Short $10 -1.2%
-0.6%
-26.6% +8.2% -21.8%
EUO -2x ProShares Lev Short Euro Currency $116 +0.1%
+7.6%
+10.5% +14.4% -21.7%
GLL -2x ProShares Leveraged Short Gold $17 -0.9%
-7.7%
-26.9% +5.4% -23.7%
KOLD -2x ProShares UltraShort BBG Natural Gas $17 +0.8%
+35.9%
+82.9% -46.5% +72.0%
PST -2x ProShares Lev Short 7-10yr Treasury $38 -0.4%
-5.0%
-11.0% +1.7% -4.5%
SCO -2x ProShares Lev Short DJ-UBS Crude Oil $75 -2.1%
+32.4%
-58.5% +19.2% -22.4%
SRS -2x ProShares Short DJ Real Estate $18 -2.2%
-13.8%
-39.0% +6.0% -18.0%
TBT -2x ProShares Leveraged Short 20+ Yr Bond $525 -0.9%
-12.5%
-22.9% +5.0% -17.2%
YCS -2x Proshares Leveraged Short Yen Currency $38 +0.0%
+2.5%
+3.4% -1.5% -6.6%
ZSL -2x ProShares Leveraged Short Silver $15 -1.0%
+1.0%
-27.8% +18.1% -19.0%

+3x Leveraged Long Products

BRZU +3x Direxion Daily MSCI Brazil Bull 3x ETF $311 +1.1%
-23.3%
+57.1% -37.2% +30.8%
CURE +3x Direxion Leveraged Healthcare Bull $148 +0.3%
+4.9%
+55.7% +2.8% +69.3%
DRN +3x Direxion Lev MSCI Real Estate $51 +3.3%
+22.1%
+82.0% -25.1% +7.6%
EDC +3x Direxion Lev MSCI Emerging Markets $188 -0.1%
-6.6%
+43.9% -49.9% +138.6%
ERX +3x Direxion Lev Rus 1000 Energy $219 -1.8%
-26.7%
+17.1% -55.9% -11.6%
EURL +3x Direxion Daily FTSE Europe Bull 3x ETF $29 -0.1%
-1.8%
+72.6% -46.4% +91.3%
FAS +3x Direxion Lev Rus 1000 Financials $1,499 +1.4%
+13.1%
+113.1% -33.8% +67.4%
GASL +3x Direxion Daily Natural Gas Bull $35 -5.0%
-57.4%
-61.6% -79.8% -43.0%
GUSH +3x Direxion Dly S&P Oil & Gas E&P $149 -3.0%
-52.7%
-52.7% -74.3% -40.2%
INDL +3x Direxion Daily MSCI India Bull 3x ETF $64 -2.4%
-2.3%
+3.2% -34.3% +128.0%
JNUG +3x Direxion Leveraged Junior Gold Miners $1,028 -0.4%
-12.3%
+82.4% -48.1% -20.2%
LABU +3x DRXN S&P Biotech Bull 3x Shares $385 +0.4%
+3.3%
+75.5% -57.6% +149.1%
MIDU +3x Direxion Leveraged MidCap S&P 400 $43 -0.3%
+4.1%
+77.4% -39.2% +46.9%
NUGT +3x Direxion Leveraged Long Gold Miners $1,482 -0.4%
-12.5%
+100.7% -44.5% +3.7%
RETL +3x Direxion Leveraged Retail Sector Bull $10 -0.9%
-9.3%
+23.4% -35.2% -1.3%
RUSL +3x Direxion Lev Long Russia Bull $67 -1.6%
-4.8%
+138.9% -40.2% +1.0%
SOXL +3x Direxion Philadelphia Semiconductor $829 -0.6%
+14.8%
+231.9% -39.1% +141.7%
SPXL +3x Direxion Leveraged S&P 500 $1,046 +0.4%
+14.1%
+102.8% -25.1% +71.0%
TECL +3x DirexionTechnology Bull $1,249 +1.3%
+35.1%
+185.6% -24.0% +124.8%
TMF +3x Direxion Leveraged 20-Yr Treasury Bond $256 +1.3%
+20.6%
+34.7% -11.0% +22.7%
TNA +3x Direxion Leveraged Russell 2000 $620 -1.2%
+2.6%
+71.9% -39.9% +39.2%
TYD +3x Direxion Leveraged 7-10 Yr Treasury $17 +0.6%
+8.2%
+17.9% +0.7% +5.6%
UDOW +3x ProShares Leveraged Dow 30 $408 -0.3%
+9.3%
+75.3% -23.9% +99.1%
UGAZ +3x VelocityShares Lev Long Natural Gas $644 +0.1%
-41.8%
-81.9% -44.6% -84.2%
UGLD +3x VelocityShares Leveraged Long Gold $217 +1.3%
+11.8%
+47.5% -14.4% +33.3%
UPRO +3x ProShares Leveraged S&P 500 $1,465 +0.5%
+14.1%
+102.3% -25.1% +71.4%
URTY +3x ProShares Ultrapro Russell 2000 $77 -1.1%
+2.9%
+72.4% -39.6% +38.9%
USLV +3x Long VelocityShares Silver ETN $368 +1.4%
-4.9%
+23.9% -36.2% +1.6%
UWT +3x VelocityShares Long Crude Oil ETN $430 +2.9%
-39.7%
+59.4% -63.7% -11.4%
YINN +3x Direxion Leveraged FTSE China $304 -0.4%
-11.9%
+29.0% -48.5% +129.8%

-3x Leveraged Short Products

DGAZ -3x VelocityShares Inverse Natural Gas $101 -0.1%
+53.9%
+54.6% -78.5% +81.5%
DUST -3x Direxion Daily Gold Miners Bear $321 +0.2%
+7.7%
-75.1% -3.3% -51.0%
EDZ -3x Direxion Lev Short MSCI Emerg Markets $79 +0.1%
+1.7%
-43.0% +32.9% -64.1%
ERY -3x Direxion S&P Leveraged Short Energy $33 +1.8%
+30.3%
-38.7% +45.5% -5.6%
FAZ -3x Direxion Lev Rus 1000 Financials $172 -1.3%
-12.8%
-58.6% +16.9% -46.2%
JDST -3x Direxion Daily Jr Gold Miners Bear $128 +0.2%
+4.8%
-80.3% -1.6% -63.4%
LABD -3x Direxion Daily S&P Biotech Bear $164 -0.4%
-8.7%
-70.8% -6.3% -75.7%
SDOW -3x ProShares Leveraged Short Dow 30 $269 +0.3%
-9.8%
-49.5% -0.2% -52.3%
SOXS -3x Direxion Daily Semiconductor Bear $245 +0.5%
-19.7%
-83.8% -19.4% -69.4%
SPXS -3x Direxion Leveraged Short S&P 500 $537 -0.5%
-13.6%
-56.4% +3.4% -44.5%
SPXU -3x ProShares Leveraged Short S&P 500 $666 -0.4%
-13.5%
-56.3% +4.0% -44.2%
SQQQ -3x ProShares Leveraged Short NASDAQ-100 $1,160 -0.8%
-26.4%
-65.9% -20.7% -58.7%
SRTY -3x ProShares Lev Short Russell 2000 $75 +1.1%
-4.7%
-53.8% +23.4% -38.3%
TECS -3x Direxion Technology Bear $54 -1.5%
-28.7%
-73.8% -19.1% -60.8%
TMV -3x Direxion Lev Short 20-Yr Treasury $101 -1.4%
-18.2%
-34.2% +4.0% -26.5%
TYO -3x Direxion daily 7-10 Yr Trs Bear $10 -0.5%
-7.5%
-18.7% -1.4% -8.9%
TZA -3x Direxion Leveraged Russell 2000 $355 +1.2%
-4.3%
-53.3% +25.1% -38.2%
YANG -3x Direxion Daily FTSE China Bear $174 +0.3%
+5.3%
-40.7% +13.1% -64.9%

Volatility Products

PUTW WisdomTree CBOE S&P500 PutWriteStrat $201 +0.0%
+2.0%
+13.6% -7.1% +10.1%
SVXY -0.5x Proshares Inverse VIX Short-Term $293 +0.7%
+4.0%
+54.2% -91.8% +181.8%
TAIL Cambria Tail Risk ETF $75 +0.1%
+0.9%
-14.3% +2.9% N/A
TVIX +2x VelocityShares Daily VIX Short-Term $879 -2.2%
-23.7%
-92.8% +28.0% -94.2%
UVXY +1.5x ProShares Leveraged VIX Short-Term $551 -1.9%
-17.1%
-84.2% +60.1% -94.2%
VIXM ProShares S&P 500 VIX Mid-Term Futures $49 -0.2%
-6.5%
-20.4% +26.4% -50.0%
VIXY ProShares S&P 500 VIX Short-Term Futures $325 -1.3%
-10.7%
-67.8% +66.8% -72.8%
VXX iPath B S&P 500 VIX S-T Futs ETN $1,105 -1.2%
-10.6%
-67.8% N/A N/A
XVZ iPath S&P 500 Dynamic VIX ETN $5 +0.0%
-4.8%
-6.8% -9.6% -17.2%
ZIV -1x VelocityShares Inverse VIX Medium-Term $68 +0.5%
+7.1%
+19.0% -31.9% +90.5%
All returns are Total Return: calculated using market prices and include any dividends
* Total Net Assets (million) as of end Jan-2020