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

ETF Info

ISIN

US74347R1077

CUSIP

74347R107

Issuer

ProShares

Inception Date

Jun 21, 2006

Region

North America (U.S.)

Leveraged

2x

Index Tracked

S&P 500 Index (200%)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

SSO features an expense ratio of 0.90%, falling within the medium range.


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.


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

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.


-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
13.57%
8.53%
SSO (ProShares Ultra S&P 500)
Benchmark (^GSPC)

Returns By Period

ProShares Ultra S&P 500 had a return of 45.03% year-to-date (YTD) and 49.39% in the last 12 months. Over the past 10 years, ProShares Ultra S&P 500 had an annualized return of 19.69%, outperforming the S&P 500 benchmark which had an annualized return of 11.06%.


SSO

YTD

45.03%

1M

-0.63%

6M

13.08%

1Y

49.39%

5Y*

20.58%

10Y*

19.69%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

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%9.60%6.59%1.55%3.90%3.67%-2.50%11.54%45.03%
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%10.60%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%3.44%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%7.39%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%4.22%-12.48%-5.54%17.45%0.60%-3.79%-1.20%
2014-7.23%9.06%1.52%1.24%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

With an overall rank of 81, SSO is among the top 19% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SSO is 8181
Overall Rank
The Sharpe Ratio Rank of SSO is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of SSO is 7777
Sortino Ratio Rank
The Omega Ratio Rank of SSO is 7979
Omega Ratio Rank
The Calmar Ratio Rank of SSO is 8282
Calmar Ratio Rank
The Martin Ratio Rank of SSO is 8282
Martin 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.


Sharpe ratio
The chart of Sharpe ratio for SSO, currently valued at 2.00, compared to the broader market0.002.004.002.002.10
The chart of Sortino ratio for SSO, currently valued at 2.52, compared to the broader market-2.000.002.004.006.008.0010.002.522.80
The chart of Omega ratio for SSO, currently valued at 1.35, compared to the broader market0.501.001.502.002.503.001.351.39
The chart of Calmar ratio for SSO, currently valued at 2.96, compared to the broader market0.005.0010.0015.002.963.09
The chart of Martin ratio for SSO, currently valued at 12.20, compared to the broader market0.0020.0040.0060.0080.00100.0012.2013.49
SSO
^GSPC

The current ProShares Ultra S&P 500 Sharpe ratio is 2.00. This value is calculated based on the past 1 year 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.00
2.10
SSO (ProShares Ultra S&P 500)
Benchmark (^GSPC)

Dividends

Dividend History

ProShares Ultra S&P 500 provided a 0.58% dividend yield over the last twelve months, with an annual payout of $0.54 per share.


0.20%0.30%0.40%0.50%0.60%0.70%$0.00$0.05$0.10$0.15$0.2020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.54$0.12$0.22$0.13$0.09$0.19$0.17$0.11$0.10$0.10$0.05$0.03

Dividend yield

0.58%0.18%0.50%0.18%0.20%0.50%0.75%0.39%0.51%0.63%0.32%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$0.19$0.00$0.00$0.17$0.00$0.00$0.00$0.54
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. Drawdowns are calculated considering price movements and all distributions paid, if any.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.00%
-2.62%
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 6.00%.


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, 2018130Jul 2, 2019195
-26.68%May 22, 2015183Feb 11, 2016103Jul 11, 2016286

Volatility

Volatility Chart

The current ProShares Ultra S&P 500 volatility is 7.27%, 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%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.27%
3.79%
SSO (ProShares Ultra S&P 500)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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