^SIXT vs. ROM

Last updated Jun 4, 2026

^SIXT (Technology Select Sector Index) is an index, while ROM (ProShares Ultra Technology) is Leveraged Equities fund tracking the Dow Jones U.S. Technology Index (200%). Over the past 10 years, ^SIXT returned 24.69%/yr vs 42.70%/yr for ROM. With a 0.98 correlation, they move nearly in lockstep.

Performance

^SIXT vs. ROM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Technology Select Sector Index (^SIXT) and ProShares Ultra Technology (ROM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ^SIXT achieves a 37.52% return, which is significantly lower than ROM's 77.72% return. Over the past 10 years, ^SIXT has underperformed ROM with an annualized return of 24.69%, while ROM has yielded a comparatively higher 42.70% annualized return.

^SIXT

• 1D: 1.24%
• 1M: 22.26%
• YTD: 37.52%
• 6M: 36.72%
• 1Y: 67.67%
• 3Y*: 33.44%
• 5Y*: 23.62%
• 10Y*: 24.69%

ROM

• 1D: -2.01%
• 1M: 45.36%
• YTD: 77.72%
• 6M: 74.45%
• 1Y: 152.07%
• 3Y*: 59.24%
• 5Y*: 31.70%
• 10Y*: 42.70%

*Multi-year figures are annualized to reflect compound growth (CAGR)

^SIXT vs. ROM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^SIXT Technology Select Sector Index	37.52%	23.84%	20.79%	54.58%	-28.72%	34.18%	42.21%	48.04%	-2.96%	32.30%
ROM ProShares Ultra Technology	77.72%	35.63%	31.65%	130.70%	-63.86%	77.75%	80.42%	102.10%	-9.89%	81.11%

Correlation

The correlation between ^SIXT and ROM is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jan 5, 2009	0.98

The correlation between ^SIXT and ROM has been stable across timeframes, ranging from 0.98 to 1.00 - a consistent structural relationship.

Return for Risk

^SIXT vs. ROM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^SIXT

^SIXT Risk / Return Rank: 93
^SIXT Sharpe Ratio Rank: 95
^SIXT Sortino Ratio Rank: 95
^SIXT Omega Ratio Rank: 95
^SIXT Calmar Ratio Rank: 92
^SIXT Martin Ratio Rank: 89

ROM

ROM Risk / Return Rank: 83
ROM Sharpe Ratio Rank: 94
ROM Sortino Ratio Rank: 81
ROM Omega Ratio Rank: 80
ROM Calmar Ratio Rank: 85
ROM Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^SIXT vs. ROM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Technology Select Sector Index (^SIXT) and ProShares Ultra Technology (ROM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	^SIXT	ROM	Difference
Sharpe ratio Return per unit of total volatility	3.37	3.66	-0.29
Sortino ratio Return per unit of downside risk	4.05	3.69	+0.37
Omega ratio Gain probability vs. loss probability	1.54	1.48	+0.05
Calmar ratio Return relative to maximum drawdown	4.37	4.73	-0.36
Martin ratio Return relative to average drawdown	14.55	14.47	+0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SIXT vs. ROM - Sharpe Ratio Comparison

The current ^SIXT Sharpe Ratio is 3.37, which is comparable to the ROM Sharpe Ratio of 3.66. The chart below compares the historical Sharpe Ratios of ^SIXT and ROM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	^SIXT	ROM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.37	3.66	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	0.62	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.01	0.86	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.54	+0.38

Drawdowns

^SIXT vs. ROM - Drawdown Comparison

The maximum ^SIXT drawdown since its inception was -33.93%, smaller than the maximum ROM drawdown of -83.36%. Use the drawdown chart below to compare losses from any high point for ^SIXT and ROM.

Drawdown Indicators

	^SIXT	ROM	Difference
Max Drawdown Largest peak-to-trough decline	-33.93%	-83.36%	+49.43%
Max Drawdown (1Y) Largest decline over 1 year	-16.12%	-32.33%	+16.21%
Max Drawdown (3Y) Largest decline over 3 years	-25.82%	-48.10%	+22.28%
Max Drawdown (5Y) Largest decline over 5 years	-33.93%	-67.55%	+33.62%
Max Drawdown (10Y) Largest decline over 10 years	-33.93%	-67.55%	+33.62%
Current Drawdown Current decline from peak	0.00%	-2.01%	+2.01%
Average Drawdown Average peak-to-trough decline	-5.01%	-20.88%	+15.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.84%	10.55%	-5.71%

Volatility

^SIXT vs. ROM - Volatility Comparison

The current volatility for Technology Select Sector Index (^SIXT) is 6.78%, while ProShares Ultra Technology (ROM) has a volatility of 14.00%. This indicates that ^SIXT experiences smaller price fluctuations and is considered to be less risky than ROM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^SIXT	ROM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.78%	14.00%	-7.22%
Volatility (6M) Calculated over the trailing 6-month period	16.72%	33.37%	-16.65%
Volatility (1Y) Calculated over the trailing 1-year period	20.92%	41.83%	-20.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.08%	51.63%	-26.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.65%	49.82%	-25.17%

Frequently Asked Questions

Can I hold both ^SIXT and ROM in my portfolio?

With a correlation of 1.00, ^SIXT and ROM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ^SIXT or ROM?

ROM has higher volatility (14.00%) compared to ^SIXT (6.78%). In terms of maximum drawdown, ^SIXT dropped -33.93% vs ROM's -83.36%.

Which has better risk-adjusted returns?

ROM currently has the higher Sharpe Ratio (3.66 vs 3.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.