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ProShares Ultra S&P 500 (SSO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS74347R1077
CUSIP74347R107
IssuerProShares
Inception DateJun 21, 2006
RegionNorth America (U.S.)
CategoryLeveraged Equities, Leveraged
Leveraged2x
Index TrackedS&P 500 Index (200%)
Home Pagewww.proshares.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

SSO has a high expense ratio of 0.90%, indicating higher-than-average management fees.


Expense ratio chart for SSO: current value at 0.90% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.90%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ProShares Ultra S&P 500

Popular comparisons: SSO vs. UPRO, SSO vs. SPY, SSO vs. SPUU, SSO vs. QLD, SSO vs. VOO, SSO vs. SPXL, SSO vs. TQQQ, SSO vs. QQQ, SSO vs. TSM, SSO vs. SPYD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares Ultra S&P 500, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


200.00%400.00%600.00%800.00%1,000.00%December2024FebruaryMarchAprilMay
960.43%
323.52%
SSO (ProShares Ultra S&P 500)
Benchmark (^GSPC)

S&P 500

Returns By Period

ProShares Ultra S&P 500 had a return of 21.00% year-to-date (YTD) and 51.37% in the last 12 months. Over the past 10 years, ProShares Ultra S&P 500 had an annualized return of 20.13%, outperforming the S&P 500 benchmark which had an annualized return of 10.99%.


PeriodReturnBenchmark
Year-To-Date21.00%11.18%
1 month11.17%5.60%
6 months34.47%17.48%
1 year51.37%26.33%
5 years (annualized)21.76%13.16%
10 years (annualized)20.13%10.99%

Monthly Returns

The table below presents the monthly returns of SSO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.49%9.90%6.02%-8.58%21.00%
202312.22%-5.63%6.65%2.57%0.29%12.61%6.09%-4.02%-9.85%-5.00%18.26%8.70%46.65%
2022-10.60%-6.28%7.06%-17.39%-0.52%-16.73%18.69%-8.69%-18.37%15.74%10.12%-11.84%-38.98%
2021-2.30%5.29%8.95%10.61%1.09%4.37%4.67%5.92%-9.41%14.28%-1.72%8.84%60.57%
2020-0.44%-15.46%-29.80%25.18%9.16%2.96%11.69%14.29%-7.97%-5.38%22.51%7.36%21.54%
201915.73%6.21%3.45%7.72%-12.77%14.09%2.52%-4.04%3.62%4.00%7.07%5.65%63.44%
201811.17%-8.07%-5.54%0.20%4.41%1.02%7.09%6.15%0.89%-14.01%3.15%-17.70%-14.60%
20173.47%7.83%-0.02%1.85%2.55%1.04%3.95%0.31%3.82%4.53%5.87%2.36%44.35%
2016-10.37%-0.62%13.98%0.60%3.18%0.16%7.40%0.10%-0.28%-3.68%7.23%4.00%21.54%
2015-6.15%11.40%-3.44%1.84%2.31%-4.09%4.21%-12.48%-5.54%17.45%0.60%-3.79%-1.20%
2014-7.23%9.06%1.52%1.23%4.41%4.10%-2.88%7.87%-2.93%4.38%5.54%-0.84%25.53%
201310.28%2.16%7.39%3.86%4.55%-3.11%10.41%-6.07%6.48%9.07%5.77%5.13%70.47%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of SSO is 79, placing it in the top 21% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of SSO is 7979
SSO (ProShares Ultra S&P 500)
The Sharpe Ratio Rank of SSO is 8787Sharpe Ratio Rank
The Sortino Ratio Rank of SSO is 8181Sortino Ratio Rank
The Omega Ratio Rank of SSO is 8080Omega Ratio Rank
The Calmar Ratio Rank of SSO is 7272Calmar Ratio Rank
The Martin Ratio Rank of SSO is 7676Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ProShares Ultra S&P 500 (SSO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


SSO
Sharpe ratio
The chart of Sharpe ratio for SSO, currently valued at 2.36, compared to the broader market0.002.004.002.36
Sortino ratio
The chart of Sortino ratio for SSO, currently valued at 3.09, compared to the broader market0.005.0010.003.09
Omega ratio
The chart of Omega ratio for SSO, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.001.38
Calmar ratio
The chart of Calmar ratio for SSO, currently valued at 1.61, compared to the broader market0.005.0010.0015.001.61
Martin ratio
The chart of Martin ratio for SSO, currently valued at 8.55, compared to the broader market0.0020.0040.0060.0080.00100.008.55
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.38, compared to the broader market0.002.004.002.38
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.37, compared to the broader market0.005.0010.003.37
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.001.42
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.94, compared to the broader market0.005.0010.0015.001.94
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.12, compared to the broader market0.0020.0040.0060.0080.00100.009.12

Sharpe Ratio

The current ProShares Ultra S&P 500 Sharpe ratio is 2.36. This value is calculated based on the past 12 months of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of ProShares Ultra S&P 500 with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.36
2.38
SSO (ProShares Ultra S&P 500)
Benchmark (^GSPC)

Dividends

Dividend History

ProShares Ultra S&P 500 granted a 0.38% dividend yield in the last twelve months. The annual payout for that period amounted to $0.30 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.30$0.12$0.22$0.13$0.09$0.19$0.17$0.11$0.10$0.10$0.05$0.03

Dividend yield

0.38%0.18%0.50%0.18%0.20%0.50%0.75%0.39%0.50%0.63%0.33%0.26%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares Ultra S&P 500. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.18$0.00$0.00$0.18
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12$0.12
2022$0.00$0.00$0.04$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.22
2021$0.00$0.00$0.03$0.00$0.00$0.02$0.00$0.00$0.02$0.00$0.00$0.05$0.13
2020$0.00$0.00$0.05$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.09
2019$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.00$0.00$0.00$0.07$0.19
2018$0.00$0.00$0.04$0.00$0.00$0.05$0.00$0.00$0.03$0.00$0.00$0.06$0.17
2017$0.00$0.00$0.02$0.00$0.00$0.02$0.00$0.00$0.02$0.00$0.00$0.04$0.11
2016$0.00$0.00$0.04$0.00$0.00$0.02$0.00$0.00$0.02$0.00$0.00$0.02$0.10
2015$0.00$0.00$0.03$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.05$0.10
2014$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.01$0.00$0.00$0.03$0.05
2013$0.00$0.00$0.00$0.01$0.00$0.00$0.01$0.00$0.00$0.01$0.03

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-0.15%
-0.09%
SSO (ProShares Ultra S&P 500)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Ultra S&P 500. 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 ProShares Ultra S&P 500 was 84.67%, occurring on Mar 9, 2009. Recovery took 1165 trading sessions.

The current ProShares Ultra S&P 500 drawdown is 0.15%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-84.67%Oct 10, 2007355Mar 9, 20091165Oct 22, 20131520
-59.34%Feb 20, 202023Mar 23, 2020114Sep 2, 2020137
-46.73%Jan 4, 2022195Oct 12, 2022347Mar 1, 2024542
-36.57%Sep 21, 201865Dec 24, 2018129Jul 1, 2019194
-26.68%May 22, 2015183Feb 11, 2016103Jul 11, 2016286

Volatility

Volatility Chart

The current ProShares Ultra S&P 500 volatility is 6.75%, 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.


2.00%4.00%6.00%8.00%December2024FebruaryMarchAprilMay
6.75%
3.36%
SSO (ProShares Ultra S&P 500)
Benchmark (^GSPC)