Selected data for a Share outstanding throughout the three months ended March 31, 2013:

For the Three Months Ended March 31, 2013 (unaudited)


Per Share Operating Performance	UltraShort DJ-UBS Commodity			UltraShort DJ-UBS Crude Oil			UltraShort DJ-UBS Natural Gas			UltraShort Gold			UltraShort Silver			Short Euro			UltraShort Australian Dollar
Net asset value, at December 31, 2012	$	54.1021		$	40.3079		$	25.5351		$	63.8688		$	51.3951		$	37.6285		$	37.8081

Net investment income (loss)		(0.1143	)		(0.0850	)		(0.0641	)		(0.1428	)		(0.1068	)		(0.0840	)		(0.0867	)
Net realized and unrealized gain (loss)		1.1149			(3.7437	)		(7.5049	)		4.1421			2.7733			1.0874			(0.8315	)
Change in net asset value from operations		1.0006			(3.8287	)		(7.5690	)		3.9993			2.6665			1.0034			(0.9182	)
Net asset value, at March 31, 2013	$	55.1027		$	36.4792		$	17.9661		$	67.8681		$	54.0616		$	38.6319		$	36.8899

Market value per share, at December 31, 2012†	$	51.64		$	40.44		$	25.41		$	62.60		$	50.07		$	37.64		$	37.74
Market value per share, at March 31, 2013†	$	51.14		$	36.62		$	18.06		$	68.01		$	55.02		$	38.65		$	36.41

Total Return, at net asset value^		1.8	%		(9.5	)%		(29.6	)%		6.3	%		5.2	%		2.7	%		(2.4	)%
Total Return, at market value^		(1.0	)%		(9.4	)%		(28.9	)%		8.6	%		9.9	%		2.7	%		(3.5	)%

Ratios to Average Net Assets**

Expense ratio		(0.95	)%		(0.97	)%		(1.21	)%		(0.95	)%		(0.95	)%		(0.96	)%		(0.99	)%
Expense ratio, excluding brokerage commissions		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%
Net investment income (loss)		(0.86	)%		(0.90	)%		(1.15	)%		(0.88	)%		(0.87	)%		(0.91	)%		(0.94	)%

†	Market values are determined at the close of the New York Stock Exchange, which may be later than when the Funds’ net asset value is calculated.

^	Percentages are not annualized for the period ended March 31, 2013.

**	Percentages are annualized.

For the Three Months Ended March 31, 2013 (unaudited)


Per Share Operating Performance	UltraShort Euro			UltraShort Yen			Ultra DJ-UBS Commodity			Ultra DJ-UBS Crude Oil			Ultra DJ-UBS Natural Gas			Ultra Gold			Ultra Silver
Net asset value, at December 31, 2012	$	19.0172		$	50.7577		$	24.3875		$	29.3941		$	39.0490		$	83.7634		$	42.9727

Net investment income (loss)		(0.0411	)		(0.1244	)		(0.0535	)		(0.0674	)		(0.1040	)		(0.1744	)		(0.0911	)
Net realized and unrealized gain (loss)		1.0374			8.3770			(0.7240	)		2.3426			11.3070			(6.4032	)		(4.4031	)
Change in net asset value from operations		0.9963			8.2526			(0.7775	)		2.2752			11.2030			(6.5776	)		(4.4942	)
Net asset value, at March 31, 2013	$	20.0135		$	59.0103		$	23.6100		$	31.6693		$	50.2520		$	77.1858		$	38.4785

Market value per share, at December 31, 2012†	$	19.01		$	50.77		$	23.93		$	29.32		$	39.24		$	85.34		$	44.10
Market value per share, at March 31, 2013†	$	20.00		$	59.00		$	23.92		$	31.56		$	49.95		$	77.01		$	37.75

Total Return, at net asset value^		5.2	%		16.3	%		(3.2	)%		7.7	%		28.7	%		(7.9	)%		(10.5	)%
Total Return, at market value^		5.2	%		16.2	%		0.0	%		7.6	%		27.3	%		(9.8	)%		(14.4	)%

Ratios to Average Net Assets**

Expense ratio		(0.95	)%		(0.95	)%		(0.95	)%		(0.97	)%		(1.13	)%		(0.95	)%		(0.95	)%
Expense ratio, excluding brokerage commissions		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%
Net investment income (loss)		(0.88	)%		(0.88	)%		(0.89	)%		(0.90	)%		(1.06	)%		(0.88	)%		(0.87	)%

†	Market values are determined at the close of the New York Stock Exchange, which may be later than when the Funds’ net asset value is calculated.

^	Percentages are not annualized for the period ended March 31, 2013.

**	Percentages are annualized.

For the Three Months Ended March 31, 2013 (unaudited)


Per Share Operating Performance	Ultra Australian Dollar			Ultra Euro			Ultra Yen			VIX Short-Term Futures ETF			VIX Mid-Term Futures ETF			Ultra VIX Short-Term Futures ETF			Short VIX Short-Term Futures ETF
Net asset value, at December 31, 2012	$	41.4986		$	24.3499		$	28.1840		$	16.7875		$	34.7003		$	20.1318		$	66.1298

Net investment income (loss)		(0.0949	)		(0.0536	)		(0.0537	)		(0.0240	)		(0.0539	)		(0.0464	)		(0.3013	)
Net realized and unrealized gain (loss)		0.7443			(1.4326	)		(4.3565	)		(5.9388	)		(8.2105	)		(12.5093	)		26.3688
Change in net asset value from operations		0.6494			(1.4862	)		(4.4102	)		(5.9628	)		(8.2644	)		(12.5557	)		26 .0675
Net asset value, at March 31, 2013	$	42.1480		$	22.8637		$	23.7738		$	10.8247		$	26.4359		$	7.5761		$	92.1973

Market value per share, at December 31, 2012†	$	41.45		$	24.32		$	28.28		$	17.01		$	34.22		$	20.90		$	65.45
Market value per share, at March 31, 2013†	$	42.55		$	22.92		$	23.69		$	10.90		$	26.43		$	7.69		$	91.08

Total Return, at net asset value^		1.6	%		(6.1	)%		(15.6	)%		(35.5	)%		(23.8	)%		(62.4	)%		39.4	%
Total Return, at market value^		2.7	%		(5.8	)%		(16.2	)%		(35.9	)%		(22.8	)%		(63.2	)%		39.2	%

Ratios to Average Net Assets**

Expense ratio		(0.99	)%		(0.95	)%		(0.95	)%		(0.85	)%		(0.85	)%		(1.94	)%		(1.54	)%
Expense ratio, excluding brokerage commissions		(0.95	)%		(0.95	)%		(0.95	)%		(0.85	)%		(0.85	)%		(0.95	)%		(0.95	)%
Net investment income (loss)		(0.92	)%		(0.89	)%		(0.88	)%		(0.79	)%		(0.79	)%		(1.91	)%		(1.47	)%

†	Market values are determined at the close of the New York Stock Exchange, which may be later than when the Funds’ net asset value is calculated.

^	Percentages are not annualized for the period ended March 31, 2013.

**	Percentages are annualized.

Selected data for a Share outstanding throughout the three months ended March 31, 2012:

For the Three Months Ended March 31, 2012 (unaudited)


Per Share Operating Performance	UltraShort DJ-UBS Commodity			UltraShort DJ-UBS Crude Oil			UltraShort DJ-UBS Natural Gas*			UltraShort Gold*			UltraShort Silver			UltraShort Euro			UltraShort Yen
Net asset value, at December 31, 2011	$	56.9207		$	38.8151		$	23.8053		$	82.7114		$	76.6771		$	20.3357		$	40.9557

Net investment income (loss)		(0.1219	)		(0.0823	)		(0.1081	)		(0.1556	)		(0.1245	)		(0.0457	)		(0.0990	)
Net realized and unrealized gain (loss)		(1.7902	)		(3.4880	)		25.2447			(14.8151	)		(24.1170	)		(1.3187	)		6.1883
Change in net asset value from operations		(1.9121	)		(3.5703	)		25.1366			(14.9707	)		(24.2415	)		(1.3644	)		6.0893
Net asset value, at March 31, 2012	$	55.0086		$	35.2448		$	48.9419		$	67.7407		$	52.4356		$	18.9713		$	47.0450

Market value per share, at December 31, 2011†	$	56.19		$	38.69		$	23.96		$	79.24		$	79.35		$	20.35		$	40.95
Market value per share, at March 31, 2012†	$	54.71		$	35.16		$	49.35		$	67.24		$	52.75		$	18.97		$	47.05

Total Return, at net asset value^		(3.4	)%		(9.2	)%		105.6	%		(18.1	)%		(31.6	)%		(6.7	)%		14.9	%
Total Return, at market value^		(2.6	)%		(9.1	)%		106.0	%		(15.1	)%		(33.5	)%		(6.8	)%		14.9	%

Ratios to Average Net Assets**

Expense ratio		(0.95	)%		(0.97	)%		(1.36	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%
Expense ratio, excluding brokerage commissions		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%
Net investment income (loss)		(0.92	)%		(0.94	)%		(1.34	)%		(0.93	)%		(0.92	)%		(0.93	)%		(0.92	)%

*	See Note 1 of these Notes to Financial Statements.

†	Market values are determined at the close of the New York Stock Exchange, which may be later than when the Funds’ net asset value is calculated.

^	Percentages are not annualized for the period ended March 31, 2012.

**	Percentages are annualized.

For the Three Months Ended March 31, 2012 (unaudited)


Per Share Operating Performance	Ultra DJ-UBS Commodity			Ultra DJ-UBS Crude Oil			Ultra DJ-UBS Natural Gas*			Ultra Gold			Ultra Silver			Ultra Euro			Ultra Yen
Net asset value, at December 31, 2011	$	25.8805		$	40.8828		$	101.9786		$	75.9066		$	43.1903		$	23.8860		$	36.4704

Net investment income (loss)		(0.0629	)		(0.1023	)		(0.1657	)		(0.2085	)		(0.1297	)		(0.0565	)		(0.0787	)
Net realized and unrealized gain (loss)		0.2837			2.0318			(64.1194	)		12.0919			11.8333			1.4163			(5.0241	)
Change in net asset value from operations		0.2208			1.9295			(64.2851	)		11.8834			11.7036			1.3598			(5.1028	)
Net asset value, at March 31, 2012	$	26.1013		$	42.8123		$	37.6935		$	87.7900		$	54.8939		$	25.2458		$	31.3676

Market value per share, at December 31, 2011†	$	25.64		$	40.94		$	101.35		$	79.01		$	41.65		$	23.87		$	36.50
Market value per share, at March 31, 2012†	$	25.90		$	42.91		$	37.40		$	88.40		$	54.46		$	25.21		$	31.36

Total Return, at net asset value^		0.9	%		4.7	%		(63.0	)%		15.7	%		27.1	%		5.7	%		(14.0	)%
Total Return, at market value^		1.0	%		4.8	%		(63.1	)%		11.9	%		30.8	%		5.6	%		(14.1	)%

Ratios to Average Net Assets**

Expense ratio		(0.95	)%		(0.96	)%		(1.23	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%
Expense ratio, excluding brokerage commissions		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%		(0.95	)%
Net investment income (loss)		(0.93	)%		(0.94	)%		(1.20	)%		(0.92	)%		(0.92	)%		(0.93	)%		(0.92	)%

*	See Note 1 of these Notes to Financial Statements.

†	Market values are determined at the close of the New York Stock Exchange, which may be later than when the Funds’ net asset value is calculated.

^	Percentages are not annualized for the period ended March 31, 2012.

**	Percentages are annualized.

For the Three Months Ended March 31, 2012 (unaudited)


Per Share Operating Performance	VIX Short-Term Futures ETF			VIX Mid-Term Futures ETF			Ultra VIX Short-Term Futures ETF*			Short VIX Short-Term Futures ETF*
Net asset value, at December 31, 2011	$	76.3738		$	74.1396		$	741.0464		$	25.8664

Net investment income (loss)		(0.0979	)		(0.1356	)		(1.2046	)		(0.1788	)
Net realized and unrealized gain (loss)		(40.7796	)		(18.0538	)		(596.8653	)		23.7982
Change in net asset value from operations		(40.8775	)		(18.1894	)		(598.0699	)		23.6194
Net asset value, at March 31, 2012	$	35.4963		$	55.9502		$	142.9765		$	49.4858

Market value per share, at December 31, 2011†	$	75.74		$	74.13		$	729.60		$	26.14
Market value per share, at March 31, 2012†	$	35.77		$	56.74		$	145.60		$	49.07

Total Return, at net asset value^		(53.5	)%		(24.5	)%		(80.7	)%		91.3	%
Total Return, at market value^		(52.8	)%		(23.5	)%		(80.0	)%		87.7	%

Ratios to Average Net Assets**

Expense ratio		(0.85	)%		(0.85	)%		(2.02	)%		(2.00	)%
Expense ratio, excluding brokerage commissions		(0.85	)%		(0.85	)%		(0.95	)%		(0.95	)%
Net investment income (loss)		(0.81	)%		(0.83	)%		(2.01	)%		(1.97	)%

*	See Note 1 of these Notes to Financial Statements.

†	Market values are determined at the close of the New York Stock Exchange, which may be later than when the Funds’ net asset value is calculated.

^	Percentages are not annualized for the period ended March 31, 2012.

**	Percentages are annualized.