PortfoliosLab logo
ProShares UltraShort Yen (YCS)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347W5691

CUSIP

74347W569

Issuer

ProShares

Inception Date

Nov 25, 2008

Region

Developed Asia Pacific (Japan)

Leveraged

2x

Index Tracked

USD/JPY Exchange Rate (-200%)

Asset Class

Currency

Expense Ratio

YCS has a high expense ratio of 1.00%, indicating above-average management fees.


Expense ratio chart for YCS: current value is 1.00%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
YCS: 1.00%

Share Price Chart


Loading data...

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

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


100.00%200.00%300.00%400.00%500.00%600.00%December2025FebruaryMarchAprilMay
129.18%
563.25%
YCS (ProShares UltraShort Yen)
Benchmark (^GSPC)

Returns By Period

ProShares UltraShort Yen (YCS) returned -11.04% year-to-date (YTD) and -1.88% over the past 12 months. Over the past 10 years, YCS returned 6.49% annually, underperforming the S&P 500 benchmark at 10.56%.


YCS

YTD

-11.04%

1M

-6.47%

6M

-6.61%

1Y

-1.88%

5Y*

17.85%

10Y*

6.49%

^GSPC (Benchmark)

YTD

-3.31%

1M

0.28%

6M

-0.74%

1Y

12.29%

5Y*

15.01%

10Y*

10.56%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.06%-5.03%-0.14%-8.89%2.89%-11.04%
20249.96%4.88%2.92%9.83%0.36%5.45%-12.42%-4.21%-2.51%12.73%-2.82%9.55%35.41%
2023-0.88%10.13%-4.24%6.04%5.68%8.27%-2.01%5.74%6.64%4.13%-3.39%-8.72%28.70%
2022-0.11%0.05%11.79%13.24%-1.78%10.79%-3.73%8.82%8.64%5.95%-13.90%-9.69%29.09%
20212.84%3.38%7.84%-2.71%0.87%2.20%-2.68%0.43%2.29%4.70%-1.85%3.59%22.38%
2020-0.27%-0.94%-1.75%-0.31%0.75%0.20%-3.99%-0.08%-0.86%-1.51%-0.78%-2.16%-11.18%
2019-0.89%5.21%-0.74%1.64%-5.08%-0.39%2.24%-4.37%3.99%0.23%2.95%-0.93%3.37%
2018-6.12%-4.36%-0.27%5.88%-0.70%4.04%2.37%-0.89%4.93%-0.98%1.56%-6.05%-1.49%
2017-6.99%-1.17%-1.72%0.25%-1.33%3.26%-3.85%-0.49%4.74%2.26%-1.81%0.62%-6.57%
20160.88%-13.41%-0.35%-11.08%8.10%-13.60%-2.82%2.38%-4.07%6.99%18.50%4.38%-8.69%
2015-4.17%3.60%0.28%-0.84%7.80%-3.00%2.31%-4.75%-2.25%1.08%3.89%-4.70%-1.58%
2014-6.08%-1.11%2.67%-2.06%-0.97%-1.07%3.01%2.20%10.91%4.30%11.54%1.32%25.93%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of YCS is 8, meaning it’s performing worse than 92% of other 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 YCS is 88
Overall Rank
The Sharpe Ratio Rank of YCS is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of YCS is 99
Sortino Ratio Rank
The Omega Ratio Rank of YCS is 99
Omega Ratio Rank
The Calmar Ratio Rank of YCS is 55
Calmar Ratio Rank
The Martin Ratio Rank of YCS is 99
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 UltraShort Yen (YCS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The chart of Sharpe ratio for YCS, currently valued at -0.29, compared to the broader market-1.000.001.002.003.004.00
YCS: -0.29
^GSPC: 0.67
The chart of Sortino ratio for YCS, currently valued at -0.23, compared to the broader market-2.000.002.004.006.008.00
YCS: -0.23
^GSPC: 1.05
The chart of Omega ratio for YCS, currently valued at 0.97, compared to the broader market0.501.001.502.002.50
YCS: 0.97
^GSPC: 1.16
The chart of Calmar ratio for YCS, currently valued at -0.33, compared to the broader market0.002.004.006.008.0010.0012.00
YCS: -0.33
^GSPC: 0.68
The chart of Martin ratio for YCS, currently valued at -0.68, compared to the broader market0.0020.0040.0060.00
YCS: -0.68
^GSPC: 2.70

The current ProShares UltraShort Yen Sharpe ratio is -0.29. 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 UltraShort Yen 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 Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
-0.29
0.67
YCS (ProShares UltraShort Yen)
Benchmark (^GSPC)

Dividends

Dividend History


ProShares UltraShort 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.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-14.09%
-7.45%
YCS (ProShares UltraShort Yen)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares UltraShort 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 UltraShort Yen was 49.56%, occurring on Oct 28, 2011. Recovery took 756 trading sessions.

The current ProShares UltraShort Yen drawdown is 14.09%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-49.56%Apr 7, 2009648Oct 28, 2011756Oct 31, 20141404
-39.31%Jun 8, 2015304Aug 18, 20161421Apr 11, 20221725
-27.32%Oct 21, 202258Jan 13, 2023147Aug 16, 2023205
-23.05%Jul 11, 202447Sep 16, 202479Jan 8, 2025126
-19.24%Jan 10, 202569Apr 21, 2025

Volatility

Volatility Chart

The current ProShares UltraShort Yen volatility is 11.30%, 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%14.00%December2025FebruaryMarchAprilMay
11.30%
14.17%
YCS (ProShares UltraShort Yen)
Benchmark (^GSPC)