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

ETF Info

ISINUS74347W5691
CUSIP74347W569
IssuerProShares
Inception DateNov 25, 2008
RegionDeveloped Asia Pacific (Japan)
CategoryLeveraged Currency, Leveraged
Leveraged2x
Index TrackedUSD/JPY Exchange Rate (-200%)
Asset ClassCurrency

Expense Ratio

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


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

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 UltraShort Yen

Popular comparisons: YCS vs. SPLG, YCS vs. TBT, YCS vs. SPY, YCS vs. TLT, YCS vs. YCL, YCS vs. NVDA, YCS vs. PFIX, YCS vs. BCSF, YCS vs. UUP, YCS vs. PAVE

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%December2024FebruaryMarchAprilMay
144.62%
519.10%
YCS (ProShares UltraShort Yen)
Benchmark (^GSPC)

S&P 500

Returns By Period

ProShares UltraShort Yen had a return of 28.58% year-to-date (YTD) and 44.66% in the last 12 months. Over the past 10 years, ProShares UltraShort Yen had an annualized return of 10.44%, which was very close to the S&P 500 benchmark's annualized return of 10.84%.


PeriodReturnBenchmark
Year-To-Date28.58%11.29%
1 month2.93%6.86%
6 months17.76%16.73%
1 year44.66%26.63%
5 years (annualized)18.39%13.23%
10 years (annualized)10.44%10.84%

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
20249.96%4.88%2.92%9.83%28.58%
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%
201310.62%2.15%2.84%6.29%5.68%-3.30%-3.00%0.13%-0.02%-0.24%8.33%5.44%39.67%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of YCS is 85, placing it in the top 15% 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 YCS is 8585
YCS (ProShares UltraShort Yen)
The Sharpe Ratio Rank of YCS is 8585Sharpe Ratio Rank
The Sortino Ratio Rank of YCS is 7676Sortino Ratio Rank
The Omega Ratio Rank of YCS is 8484Omega Ratio Rank
The Calmar Ratio Rank of YCS is 9393Calmar Ratio Rank
The Martin Ratio Rank of YCS is 8585Martin 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.


YCS
Sharpe ratio
The chart of Sharpe ratio for YCS, currently valued at 2.33, compared to the broader market0.002.004.002.33
Sortino ratio
The chart of Sortino ratio for YCS, currently valued at 2.93, compared to the broader market0.005.0010.002.93
Omega ratio
The chart of Omega ratio for YCS, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.41
Calmar ratio
The chart of Calmar ratio for YCS, currently valued at 3.41, compared to the broader market0.005.0010.0015.003.41
Martin ratio
The chart of Martin ratio for YCS, currently valued at 11.43, compared to the broader market0.0020.0040.0060.0080.00100.0011.43
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.30, compared to the broader market0.002.004.002.30
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.26, compared to the broader market0.005.0010.003.26
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.40
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.86, compared to the broader market0.005.0010.0015.001.86
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.76, compared to the broader market0.0020.0040.0060.0080.00100.008.76

Sharpe Ratio

The current ProShares UltraShort Yen Sharpe ratio is 2.33. 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 Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.33
2.30
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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-1.57%
0
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 1.57%.


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
-16.39%Nov 28, 200814Dec 17, 200845Feb 24, 200959
-12.23%Nov 14, 202322Dec 14, 202340Feb 13, 202462

Volatility

Volatility Chart

The current ProShares UltraShort Yen volatility is 8.19%, 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%3.00%4.00%5.00%6.00%7.00%8.00%December2024FebruaryMarchAprilMay
8.19%
3.15%
YCS (ProShares UltraShort Yen)
Benchmark (^GSPC)