0066.HK vs. SSO
Compare and contrast key facts about MTR Corp Ltd (0066.HK) and ProShares Ultra S&P 500 (SSO).
SSO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0066.HK or SSO.
Key characteristics
| 0066.HK | SSO | |
|---|---|---|
| YTD Return | -7.49% | 33.29% |
| 1Y Return | -9.14% | 47.10% |
| 3Y Return (Ann) | -11.87% | 11.01% |
| 5Y Return (Ann) | -7.77% | 21.84% |
| 10Y Return (Ann) | 2.13% | 19.64% |
| Sharpe Ratio | -0.51 | 1.95 |
| Daily Std Dev | 24.74% | 25.37% |
| Max Drawdown | -61.83% | -84.67% |
| Current Drawdown | -42.43% | -2.72% |
Correlation
The correlation between 0066.HK and SSO is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
0066.HK vs. SSO - Performance Comparison
In the year-to-date period, 0066.HK achieves a -7.49% return, which is significantly lower than SSO's 33.29% return. Over the past 10 years, 0066.HK has underperformed SSO with an annualized return of 2.13%, while SSO has yielded a comparatively higher 19.64% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
0066.HK vs. SSO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MTR Corp Ltd (0066.HK) and ProShares Ultra S&P 500 (SSO). 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.
Dividends
0066.HK vs. SSO - Dividend Comparison
0066.HK's dividend yield for the trailing twelve months is around 4.90%, more than SSO's 0.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0066.HK MTR Corp Ltd | 4.90% | 4.32% | 3.48% | 2.94% | 2.84% | 2.61% | 2.72% | 5.35% | 6.50% | 2.73% | 2.89% | 2.69% |
SSO ProShares Ultra S&P 500 | 0.56% | 0.18% | 0.50% | 0.18% | 0.20% | 0.50% | 0.75% | 0.39% | 0.50% | 0.63% | 0.33% | 0.26% |
Drawdowns
0066.HK vs. SSO - Drawdown Comparison
The maximum 0066.HK drawdown since its inception was -61.83%, smaller than the maximum SSO drawdown of -84.67%. Use the drawdown chart below to compare losses from any high point for 0066.HK and SSO. For additional features, visit the drawdowns tool.
Volatility
0066.HK vs. SSO - Volatility Comparison
The current volatility for MTR Corp Ltd (0066.HK) is 7.05%, while ProShares Ultra S&P 500 (SSO) has a volatility of 7.85%. This indicates that 0066.HK experiences smaller price fluctuations and is considered to be less risky than SSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.