Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the ProShares UltraShort Health Care ETF (NYSEMKT:RXD) has received the dreaded one-star ranking.

With that in mind, let's take a closer look at RXD and see what CAPS investors are saying about the ETF right now.

RXD facts


January 2007 

Total Net Assets

$4.5 million

Investment Approach

Seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Health Care Index. The index measures the performance of the health-care sector of the U.S. equity market.

Expense Ratio


1-Year / 3-Year / 5-Year Returns

(37.3%) / (29.7%) / (24.7%)


ProShares UltraShort Dow30 (NYSEMKT:DXD)
ProShares UltraShort Financials
ProShares UltraShort S&P 500

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 96% of the 194 All-Star members who have rated RXD believe the ETF will underperform the S&P 500 going forward.

Just last month, one of those Fools, TerryHogan, succinctly summed up the RXD bear case for our community:

First of all [UltraShorts] are just plain crap for long-term holdings. Second, I like health care in the U.S. I think Boomers, Obamacare, and [obesity] ... will be good for the health care industry in the states for the next 20-30 years.

Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.