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ProShares Ultra Yen (YCL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347W2706

CUSIP

74347W270

Issuer

ProShares

Inception Date

Nov 24, 2008

Region

Developed Asia Pacific (Japan)

Leveraged

2x

Index Tracked

USD/JPY Exchange Rate (-200%)

Asset Class

Currency

Expense Ratio

YCL has a high expense ratio of 0.95%, indicating above-average management fees.


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.


Performance

Performance Chart


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Returns By Period

ProShares Ultra Yen (YCL) returned 13.91% year-to-date (YTD) and 6.28% over the past 12 months. Over the past 10 years, YCL returned -9.10% annually, underperforming the S&P 500 benchmark at 10.46%.


YCL

YTD

13.91%

1M

-1.78%

6M

6.72%

1Y

6.28%

5Y*

-16.17%

10Y*

-9.10%

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.52%5.52%0.42%9.45%-3.26%13.91%
2024-8.77%-4.39%-2.63%-8.39%-0.23%-4.87%14.09%3.80%2.75%-10.65%2.45%-10.00%-25.97%
20230.84%-9.18%4.33%-5.54%-5.07%-7.40%2.01%-4.68%-6.23%-3.44%3.94%9.57%-20.46%
2022-0.17%0.09%-10.92%-12.26%1.30%-10.48%3.34%-8.38%-8.36%-5.95%15.44%9.54%-26.92%
2021-2.94%-3.58%-7.50%2.43%-1.02%-2.37%2.34%-0.68%-2.46%-4.74%1.48%-3.74%-20.95%
20200.24%0.80%-0.39%-0.02%-1.05%-0.50%3.85%-0.27%0.71%1.31%0.38%1.96%7.15%
20190.79%-4.82%0.79%-1.53%5.28%0.69%-2.22%4.34%-3.69%-0.19%-2.93%0.96%-2.99%
20186.18%4.26%-0.17%-5.67%0.70%-3.29%-2.91%0.90%-4.73%0.51%-1.15%6.39%0.17%
20176.87%0.32%1.13%-0.33%1.16%-2.62%2.39%0.58%-4.42%-1.99%1.33%-0.55%3.48%
2016-1.63%14.83%0.30%10.67%-7.79%14.96%1.93%-3.09%3.70%-6.95%-15.99%-4.64%1.50%
20154.32%-4.61%-0.43%0.43%-7.17%2.76%-3.64%5.11%1.99%-1.39%-3.09%3.36%-3.15%
20146.07%0.51%-2.77%2.02%0.57%1.40%-3.79%-2.85%-9.07%-5.27%-10.46%-2.42%-24.13%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of YCL is 31, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of YCL is 3131
Overall Rank
The Sharpe Ratio Rank of YCL is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of YCL is 3737
Sortino Ratio Rank
The Omega Ratio Rank of YCL is 3131
Omega Ratio Rank
The Calmar Ratio Rank of YCL is 2323
Calmar Ratio Rank
The Martin Ratio Rank of YCL is 2626
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 Yen (YCL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

ProShares Ultra Yen Sharpe ratios as of May 11, 2025 (values are recalculated daily):

  • 1-Year: 0.25
  • 5-Year: -0.85
  • 10-Year: -0.46
  • All Time: -0.45

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of ProShares Ultra Yen compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History


ProShares Ultra Yen doesn't pay dividends

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Ultra Yen. 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 Yen was 86.82%, occurring on Jan 8, 2025. The portfolio has not yet recovered.

The current ProShares Ultra Yen drawdown is 84.69%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-86.82%Oct 31, 20113085Jan 8, 2025
-26.4%Dec 18, 200874Apr 6, 2009346Aug 24, 2010420
-14.37%Mar 18, 201114Apr 6, 201166Jul 20, 201180
-8.82%Nov 1, 201031Dec 15, 201062Mar 16, 201193
-6.34%Sep 15, 20103Sep 17, 201013Oct 6, 201016

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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