2x ETFs
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
QLD ProShares Ultra QQQ | Leveraged Equities, Leveraged | 50% |
USD ProShares Ultra Semiconductors | Leveraged Equities, Leveraged | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 2x ETFs, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Feb 1, 2007, corresponding to the inception date of USD
Returns By Period
As of Nov 14, 2024, the 2x ETFs returned 98.56% Year-To-Date and 39.52% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.48% | 2.14% | 12.76% | 33.14% | 13.96% | 11.39% |
| 2x ETFs | 98.56% | 1.34% | 29.23% | 128.80% | 46.91% | 39.52% |
| Portfolio components: | ||||||
USD ProShares Ultra Semiconductors | 155.35% | -2.11% | 34.64% | 201.08% | 59.03% | 47.66% |
QLD ProShares Ultra QQQ | 44.74% | 5.23% | 22.28% | 62.65% | 32.06% | 29.50% |
Monthly Returns
The table below presents the monthly returns of 2x ETFs, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 10.22% | 23.65% | 9.01% | -10.46% | 23.00% | 15.48% | -8.32% | -0.90% | 2.88% | 0.41% | 98.56% | ||
| 2023 | 26.65% | 2.63% | 21.71% | -5.17% | 28.00% | 13.59% | 10.37% | -3.55% | -13.74% | -8.57% | 26.41% | 16.69% | 170.08% |
| 2022 | -21.20% | -6.15% | 5.75% | -30.38% | 1.47% | -25.57% | 29.68% | -16.56% | -24.19% | 7.42% | 22.49% | -19.54% | -64.30% |
| 2021 | 2.16% | 5.04% | 1.39% | 5.51% | 1.09% | 13.95% | 2.02% | 7.61% | -10.71% | 17.57% | 18.52% | -0.68% | 79.38% |
| 2020 | 1.09% | -11.14% | -24.58% | 28.17% | 13.50% | 11.16% | 10.72% | 21.03% | -6.73% | -5.89% | 28.35% | 8.23% | 79.00% |
| 2019 | 15.88% | 10.30% | 7.58% | 12.80% | -24.11% | 20.61% | 7.22% | -5.39% | 3.58% | 10.27% | 8.28% | 10.41% | 96.67% |
| 2018 | 16.02% | -1.34% | -6.56% | -5.06% | 16.53% | -5.08% | 3.98% | 8.74% | -2.44% | -20.65% | -0.28% | -15.76% | -17.43% |
| 2017 | 7.06% | 6.44% | 5.93% | 1.43% | 11.96% | -8.00% | 8.79% | 3.79% | 5.51% | 15.75% | 2.10% | -0.60% | 76.52% |
| 2016 | -15.60% | -2.12% | 22.69% | -8.03% | 12.92% | -2.28% | 17.50% | 5.42% | 5.91% | -4.01% | 5.44% | 3.31% | 41.11% |
| 2015 | -7.51% | 14.78% | -6.14% | 0.31% | 11.55% | -11.68% | -1.35% | -11.06% | -2.80% | 21.83% | 4.62% | -3.38% | 3.44% |
| 2014 | -4.09% | 11.02% | 0.96% | -1.87% | 8.72% | 12.29% | 0.31% | 11.11% | -1.45% | 1.21% | 13.28% | -1.78% | 59.30% |
| 2013 | 7.97% | 2.35% | 6.48% | 4.73% | 8.12% | -3.17% | 7.37% | -4.33% | 10.91% | 9.46% | 3.57% | 8.46% | 80.74% |
Expense Ratio
2x ETFs has a high expense ratio of 0.95%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of 2x ETFs is 38, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
USD ProShares Ultra Semiconductors | 2.76 | 2.81 | 1.37 | 4.58 | 12.15 |
QLD ProShares Ultra QQQ | 2.01 | 2.49 | 1.34 | 2.61 | 8.68 |
Dividends
Dividend yield
2x ETFs provided a 0.15% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.15% | 0.22% | 0.30% | 0.00% | 0.11% | 0.71% | 0.80% | 0.17% | 4.12% | 0.25% | 1.90% | 0.45% |
| Portfolio components: | ||||||||||||
USD ProShares Ultra Semiconductors | 0.04% | 0.10% | 0.30% | 0.00% | 0.21% | 1.29% | 1.54% | 0.32% | 7.33% | 0.39% | 3.60% | 0.76% |
QLD ProShares Ultra QQQ | 0.26% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% | 0.13% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the 2x ETFs. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the 2x ETFs was 84.98%, occurring on Mar 9, 2009. Recovery took 1181 trading sessions.
The current 2x ETFs drawdown is 7.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -84.98% | Oct 19, 2007 | 348 | Mar 9, 2009 | 1181 | Nov 13, 2013 | 1529 |
| -70.85% | Dec 28, 2021 | 202 | Oct 14, 2022 | 316 | Jan 19, 2024 | 518 |
| -56.34% | Feb 20, 2020 | 22 | Mar 20, 2020 | 83 | Jul 20, 2020 | 105 |
| -43.84% | Aug 30, 2018 | 80 | Dec 24, 2018 | 77 | Apr 16, 2019 | 157 |
| -37.17% | Jul 11, 2024 | 20 | Aug 7, 2024 | — | — | — |
Volatility
Volatility Chart
The current 2x ETFs volatility is 13.59%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| QLD | USD | |
|---|---|---|
| QLD | 1.00 | 0.82 |
| USD | 0.82 | 1.00 |