Performance
Performance | NAV vs. Closing Price | Understanding Long-Term Performance
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
|
Fund
|
Ticker
|
Inception Date
|
Month-end Performance
|
Quarter-end Performance
|
Gross Expense Ratio (%)
|
Net Expense with waiver (%)¹
|
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NAV Total Returns (%) as of 8/31/2008
|
Market Price Returns (%) as of 8/31/2008
|
NAV Total Returns (%) as of 6/30/2008
|
Market Price Returns (%) as of 6/30/2008
|
|||||||||
| 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | |||||
| Short QQQ | PSQ | 6/19/06 |
4.92
|
-5.55
|
3.83
|
-5.03
|
5.35
|
-4.85
|
5.35
|
-4.87
|
1.14
|
0.95
|
| Short Dow30 | DOG | 6/19/06 |
14.75
|
0.37
|
15.72
|
1.28
|
18.86
|
1.66
|
18.90
|
1.68
|
1.21
|
0.95
|
| Short S&P500 | SH | 6/19/06 |
14.29
|
1.57
|
14.59
|
2.40
|
18.17
|
2.10
|
18.15
|
2.11
|
1.08
|
0.95
|
| Short MidCap400 | MYY | 6/19/06 |
5.50
|
-1.98
|
6.42
|
-1.16
|
10.32
|
-2.09
|
10.35
|
-2.15
|
1.07
|
0.95
|
| Short SmallCap600 | SBB | 1/23/07 |
6.03
|
3.09
|
9.95
|
6.27
|
18.22
|
8.48
|
18.82
|
8.25
|
1.89
|
0.95
|
| Short Russell2000 | RWM | 1/23/07 |
3.89
|
3.52
|
5.16
|
6.43
|
18.74
|
9.94
|
18.67
|
9.94
|
1.70
|
0.95
|
| UltraShort QQQ | QID | 7/11/06 |
1.07
|
-18.67
|
-1.53
|
-17.92
|
1.60
|
-17.59
|
1.70
|
-17.78
|
0.98
|
0.95
|
| UltraShort Dow30 | DXD | 7/11/06 |
23.68
|
-3.85
|
26.10
|
-1.84
|
32.31
|
-1.15
|
32.44
|
-1.28
|
1.05
|
0.95
|
| UltraShort S&P500 | SDS | 7/11/06 |
22.46
|
-0.84
|
22.56
|
0.72
|
30.22
|
0.39
|
29.67
|
0.14
|
0.96
|
0.95
|
| UltraShort MidCap400 | MZZ | 7/11/06 |
3.72
|
-7.44
|
4.64
|
-6.09
|
12.88
|
-7.45
|
13.08
|
-7.55
|
1.05
|
0.95
|
| UltraShort SmallCap600 | SDD | 1/23/07 |
3.82
|
-1.70
|
8.85
|
4.74
|
28.55
|
8.84
|
28.15
|
8.73
|
1.59
|
0.95
|
| UltraShort Russell2000 | TWM | 1/23/07 |
-1.64
|
-1.91
|
0.42
|
3.36
|
28.29
|
10.74
|
28.70
|
10.64
|
1.08
|
0.95
|
|
Fund
|
Ticker
|
Inception Date
|
Month-end Performance
|
Quarter-end Performance
|
Gross Expense Ratio (%)
|
Net Expense with waiver (%)¹
|
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NAV Total Returns (%) as of 8/31/2008
|
Market Price Returns (%) as of 8/31/2008
|
NAV Total Returns (%) as of 6/30/2008
|
Market Price Returns (%) as of 6/30/2008
|
|||||||||
| 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | |||||
| UltraShort Russell1000 Value | SJF | 2/20/07 |
30.11
|
23.01
|
32.29
|
28.34
|
47.50
|
31.09
|
47.74
|
30.95
|
2.37
|
0.95
|
| UltraShort Russell1000 Growth | SFK | 2/20/07 |
12.34
|
5.83
|
10.98
|
8.05
|
11.91
|
5.87
|
10.48
|
4.96
|
2.36
|
0.95
|
| UltraShort Russell MidCap Value | SJL | 2/20/07 |
16.90
|
20.09
|
25.31
|
27.25
|
40.49
|
28.63
|
38.62
|
27.01
|
2.37
|
0.95
|
| UltraShort Russell MidCap Growth | SDK | 2/20/07 |
10.92
|
6.59
|
11.87
|
9.05
|
9.95
|
4.01
|
9.68
|
3.83
|
1.99
|
0.95
|
| UltraShort Russell2000 Value | SJH | 2/20/07 |
1.96
|
12.54
|
8.26
|
22.84
|
46.88
|
36.07
|
46.03
|
35.66
|
2.12
|
0.95
|
| UltraShort Russell2000 Growth | SKK | 2/20/07 |
-2.36
|
-1.35
|
-2.29
|
3.01
|
15.37
|
7.18
|
14.49
|
7.08
|
1.78
|
0.95
|
|
Fund
|
Ticker
|
Inception Date
|
Month-end Performance
|
Quarter-end Performance
|
Gross Expense Ratio (%)
|
Net Expense with waiver (%)¹
|
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NAV Total Returns (%) as of 8/31/2008
|
Market Price Returns (%) as of 8/31/2008
|
NAV Total Returns (%) as of 6/30/2008
|
Market Price Returns (%) as of 6/30/2008
|
|||||||||
| 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | |||||
| Short Financials | 6/12/08 |
-
|
0.13
|
-
|
1.73
|
-
|
12.47 |
-
|
12.37 |
1.17
|
0.95
|
|
| Short Oil & Gas | DDG | 6/12/08 |
-
|
12.61
|
-
|
11.89
|
-
|
-2.33 |
-
|
-2.39 |
1.17
|
0.95
|
| UltraShort Basic Materials | SMN | 1/30/07 |
-34.58
|
-33.69
|
-38.39
|
-37.96
|
-44.15
|
-45.13
|
-43.93
|
-45.13
|
2.00
|
0.95
|
| UltraShort Consumer Goods | SZK | 1/30/07 |
5.81
|
3.79
|
10.95
|
8.67
|
26.97
|
15.57
|
26.24
|
15.12
|
1.91
|
0.95
|
| UltraShort Consumer Services | SCC | 1/30/07 |
22.76
|
20.49
|
36.22
|
32.79
|
55.24
|
37.27
|
56.30
|
37.30
|
1.94
|
0.95
|
| UltraShort Financials | SKF | 1/30/07 |
42.67
|
40.42
|
40.34
|
46.63
|
115.69
|
80.30
|
114.91
|
80.01
|
1.30
|
0.95
|
| UltraShort Health Care | RXD | 1/30/07 |
5.66
|
4.93
|
7.00
|
8.27
|
28.40
|
17.96
|
28.59
|
17.93
|
1.91
|
0.95
|
| UltraShort Industrials | SIJ | 1/30/07 |
10.70
|
-5.01
|
15.46
|
-2.72
|
21.76
|
0.08
|
21.78
|
0.01
|
2.00
|
0.95
|
| UltraShort Oil & Gas | DUG | 1/30/07 |
-25.25
|
-34.70
|
-25.90
|
-35.61
|
-44.50
|
-48.49
|
-44.61
|
-48.54
|
1.59
|
0.95
|
| UltraShort Real Estate | SRS | 1/30/07 |
-10.66
|
15.21
|
-14.67
|
22.24
|
15.98
|
35.33
|
15.65
|
35.33
|
1.24
|
0.95
|
| UltraShort Semiconductors | SSG | 1/30/07 |
30.50
|
0.22
|
32.23
|
5.05
|
22.41
|
-0.26
|
22.47
|
0.09
|
1.94
|
0.95
|
| UltraShort Technology | REW | 1/30/07 |
10.00
|
-3.65
|
9.86
|
-0.33
|
9.46
|
-1.65
|
9.58
|
-1.61
|
1.95
|
0.95
|
| UltraShort Telecommunications | TLL | 3/27/08 |
-
|
-7.45
|
-
|
-1.66
|
-
|
-7.15
|
-
|
-7.91
|
2.00 |
0.95 |
| UltraShort Utilities | SDP | 1/30/07 |
-0.07
|
-7.00
|
-5.25
|
-8.12
|
-11.44
|
-17.43
|
-10.83
|
-17.19
|
2.00
|
0.95
|
|
Fund
|
Ticker
|
Inception Date
|
Month-end Performance
|
Quarter-end Performance
|
Gross Expense Ratio (%)
|
Net Expense with waiver (%)¹
|
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NAV Total Returns (%) as of 8/31/2008
|
Market Price Returns (%) as of 8/31/2008
|
NAV Total Returns (%) as of 6/30/2008
|
Market Price Returns (%) as of 6/30/2008
|
|||||||||
| 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | |||||
| Short MSCI EAFE | EFZ |
10/23/07
|
-
|
25.40
|
-
|
19.21
|
-
|
16.12
|
-
|
16.07
|
1.22
|
0.95
|
| Short MSCI Emerging Markets | EUM |
11/01/07
|
-
|
22.66
|
-
|
15.19
|
-
|
9.70
|
-
|
9.74
|
1.22
|
0.95
|
| UltraShort MSCI EAFE | EFU | 10/23/07 |
-
|
48.40
|
-
|
36.81
|
-
|
28.13
|
-
|
28.18
|
1.22
|
0.95
|
| UltraShort MSCI Emerging Markets | EEV |
11/01/07
|
-
|
33.98
|
-
|
19.60
|
-
|
8.74
|
-
|
9.06
|
1.22
|
0.95
|
| UltraShort FTSE/Xinhua China 25 | FXP |
11/8/07
|
-
|
20.36
|
-
|
11.69
|
-
|
21.67
|
-
|
21.84
|
1.22
|
0.95
|
| UltraShort MSCI Japan | EWV |
11/8/07
|
-
|
35.44
|
-
|
23.28
|
-
|
14.72
|
-
|
14.91
|
1.32
|
0.95
|
|
Fund
|
Ticker
|
Inception Date
|
Month-end Performance
|
Quarter-end Performance
|
Gross Expense Ratio (%)
|
Net Expense with waiver (%)¹
|
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NAV Total Returns (%) as of 8/31/2008
|
Market Price Returns (%) as of 8/31/2008
|
NAV Total Returns (%) as of 6/30/2008
|
Market Price Returns (%) as of 6/30/2008
|
|||||||||
| 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | |||||
| UltraShort Lehman 7-10 Year Treasury |
PST |
5/1/08
|
-
|
-3.56
|
-
|
-0.71
|
-
|
0.87 |
-
|
0.87 |
1.16
|
0.95
|
| UltraShort Lehman 20+ Year | TBT |
5/1/08
|
-
|
-6.63
|
-
|
-1.35
|
-
|
-1.59 |
-
|
-2.04 |
1.16
|
0.95
|
|
Fund
|
Ticker
|
Inception Date
|
Month-end Performance
|
Quarter-end Performance
|
Gross Expense Ratio (%)
|
Net Expense with waiver (%)¹
|
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NAV Total Returns (%) as of 8/31/2008
|
Market Price Returns (%) as of 8/31/2008
|
NAV Total Returns (%) as of 6/30/2008
|
Market Price Returns (%) as of 6/30/2008
|
|||||||||
| 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | |||||
| Ultra QQQ | QLD | 6/19/06 |
-19.65
|
8.70
|
-17.55
|
8.12
|
-18.57
|
8.12
|
-18.88
|
8.24
|
1.07
|
0.95
|
| Ultra Dow30 | DDM | 6/19/06 |
-27.96
|
1.40
|
-29.54
|
0.11
|
-31.28
|
0.02
|
-31.32
|
0.09
|
1.22
|
0.95
|
| Ultra S&P500 | SSO | 6/19/06 |
-27.78
|
-1.44
|
-28.01
|
-2.47
|
-31.36
|
-1.47
|
-31.33
|
-1.33
|
1.11
|
0.95
|
| Ultra MidCap400 | MVV | 6/19/06 |
-16.38
|
3.94
|
-17.00
|
2.87
|
-22.14
|
5.19
|
-22.12
|
5.19
|
1.34
|
0.95
|
| Ultra SmallCap600 | SAA | 1/23/07 |
-20.50
|
-11.18
|
-25.19
|
-16.32
|
-34.43
|
-18.68
|
-34.59
|
-18.66
|
2.48
|
0.95
|
| Ultra Russell2000 | UWM | 1/23/07 |
-19.67
|
-14.03
|
-21.85
|
-18.20
|
-37.04
|
-22.68
|
-36.71
|
-22.63
|
2.50
|
0.95
|
|
Fund
|
Ticker
|
Inception Date
|
Month-end Performance
|
Quarter-end Performance
|
Gross Expense Ratio (%)
|
Net Expense with waiver (%)¹
|
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NAV Total Returns (%) as of 8/31/2008
|
Market Price Returns (%) as of 8/31/2008
|
NAV Total Returns (%) as of 6/30/2008
|
Market Price Returns (%) as of 6/30/2008
|
|||||||||
| 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | |||||
| Ultra Russell1000 Value | UVG | 2/20/07 | -33.69 | -26.73 |
-34.37
|
-29.23 |
-40.05
|
-30.02
|
-39.78
|
-29.42
|
2.26
|
0.95
|
| Ultra Russell1000 Growth | UKF | 2/20/07 |
-20.05
|
-12.18 |
-19.35
|
-13.69 |
-19.17
|
-11.77
|
-19.16
|
-11.86
|
2.30
|
0.95
|
| Ultra Russell MidCap Value | UVU | 2/20/07 |
-26.81
|
-25.48
|
-31.43
|
-29.25
|
-37.42
|
-29.02
|
-37.45
|
-28.87
|
2.21
|
0.95
|
| Ultra Russell MidCap Growth | UKW | 2/20/07 |
-22.21
|
-15.75 |
-24.54
|
-17.26 |
-20.73
|
-12.96
|
-21.04
|
-13.05
|
2.23
|
0.95
|
| Ultra Russell2000 Value | UVT | 2/20/07 |
-23.21
|
-26.35
|
-27.12
|
-31.86
|
-44.89
|
-37.55
|
-44.55
|
-37.43
|
2.64
|
0.95
|
| Ultra Russell2000 Growth | UKK | 2/20/07 |
-16.37
|
-13.26
|
-17.51
|
-16.79
|
-28.60
|
-19.75
|
-28.13
|
-19.55
|
2.60
|
0.95
|
|
Fund
|
Ticker
|
Inception Date
|
Month-end Performance
|
Quarter-end Performance
|
Gross Expense Ratio (%)
|
Net Expense with waiver (%)¹
|
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NAV Total Returns (%) as of 8/31/2008
|
Market Price Returns (%) as of 8/31/2008
|
NAV Total Returns (%) as of 6/30/2008
|
Market Price Returns (%) as of 6/30/2008
|
|||||||||
| 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | 1 Year | Since Incept* | |||||
| Ultra Basic Materials | UYM | 1/30/07 |
5.56
|
15.48
|
14.32
|
24.55
|
29.26
|
43.11
|
29.73
|
43.14
|
1.95
|
0.95
|
| Ultra Consumer Goods | UGE | 1/30/07 |
-10.22
|
-5.98
|
-13.46
|
-9.94
|
-24.12
|
-14.74
|
-23.59
|
-14.33
|
2.02
|
0.95
|
| Ultra Consumer Services | UCC | 1/30/07 |
-30.81
|
-25.20
|
-37.43
|
-32.04
|
-43.23
|
-32.79
|
-43.37
|
-32.56
|
2.40
|
0.95
|
| Ultra Financials | UYG | 1/30/07 |
-60.79
|
-51.96
|
-59.47
|
-53.33
|
-68.77
|
-58.07
|
-68.28
|
-57.83
|
2.28
|
0.95
|
| Ultra Health Care | RXL | 1/30/07 |
-9.58
|
-6.47
|
-9.54
|
-8.94
|
-24.58
|
-16.15
|
-24.21
|
-15.75
|
2.00
|
0.95
|
| Ultra Industrials | UXI | 1/30/07 |
-22.47
|
-4.80
|
-25.61
|
-6.75
|
-27.82
|
-8.16
|
-27.83
|
-8.08
|
2.12
|
0.95
|
| Ultra Oil & Gas | DIG | 1/30/07 |
-0.20
|
22.63
|
1.27
|
25.54
|
40.76
|
60.63
|
41.09
|
60.74
|
1.62
|
0.95
|
| Ultra Real Estate | URE | 1/30/07 |
-32.19
|
-40.64
|
-29.21
|
-43.63
|
-42.02
|
-45.92
|
-42.11
|
-45.85
|
1.87
|
0.95
|
| Ultra Semiconductors | USD | 1/30/07 |
-44.11
|
-20.68
|
-45.23
|
-24.75
|
-39.03
|
-19.72
|
-39.11
|
-19.72
|
1.94
|
0.95
|
| Ultra Technology | ROM | 1/30/07 |
-25.44
|
-9.10
|
-24.66
|
-11.94
|
-24.01
|
-10.51
|
-23.94
|
-10.61
|
2.25
|
0.95
|
| Ultra Telecommunications | LTL | 3/27/08 |
-
|
-1.12
|
-
|
-2.82
|
-
|
2.46
|
-
|
2.91
|
1.88 |
0.95 |
| Ultra Utilities | UPW | 1/30/07 |
-7.87
|
-0.25
|
-3.59
|
1.08
|
2.77
|
12.82
|
3.22
|
13.13
|
1.88
|
0.95
|
1 = Expenses with Contractual Waiver for 10/1/07 through 9/30/08
* Since inception returns are cumulative for funds less than one year old, otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date.