ACTV vs. YCS

Last updated Jun 4, 2026

ACTV (LeaderShares Activist Leaders ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - ACTV is a Global Equities fund actively managed by Redwood, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). ACTV is actively managed, while YCS is passively managed. At a correlation of -0.05, they often move in opposite directions. ACTV charges 0.75%/yr vs 1.00%/yr for YCS.

Performance

ACTV vs. YCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LeaderShares Activist Leaders ETF (ACTV) and ProShares UltraShort Yen (YCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ACTV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YCS

• 1D: 0.17%
• 1M: 4.42%
• YTD: 7.17%
• 6M: 10.05%
• 1Y: 32.82%
• 3Y*: 19.84%
• 5Y*: 23.54%
• 10Y*: 12.34%

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

ACTV vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ACTV LeaderShares Activist Leaders ETF	0.00%	3.13%	-1.70%	15.22%	-19.33%	25.52%	27.02%
YCS ProShares UltraShort Yen	7.17%	9.04%	35.41%	28.70%	29.09%	22.38%	-2.57%

Correlation

The correlation between ACTV and YCS is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.17
Correlation (3Y) Calculated over the trailing 3-year period	-0.09
Correlation (5Y) Calculated over the trailing 5-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Oct 28, 2020	-0.05

The correlation between ACTV and YCS shifts across timeframes, from -0.17 (1 year) to -0.05 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ACTV vs. YCS — Risk / Return Rank

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

YCS

YCS Risk / Return Rank: 61
YCS Sharpe Ratio Rank: 56
YCS Sortino Ratio Rank: 49
YCS Omega Ratio Rank: 56
YCS Calmar Ratio Rank: 78
YCS Martin Ratio Rank: 67

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.

ACTV vs. YCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LeaderShares Activist Leaders ETF (ACTV) and ProShares UltraShort Yen (YCS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ACTV	YCS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.92	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.12	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.33	—

Drawdowns

Drawdown Indicators

	ACTV	YCS	Difference
Max Drawdown Largest peak-to-trough decline	—	-49.56%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.30%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.32%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-19.93%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.66%	—

Volatility

Volatility by Period

	ACTV	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	17.27%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.10%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	19.01%	—

ACTV vs. YCS - Expense Ratio Comparison

ACTV has a 0.75% expense ratio, which is lower than YCS's 1.00% expense ratio.

Dividends

ACTV vs. YCS - Dividend Comparison

ACTV's dividend yield for the trailing twelve months is around 1.28%, while YCS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
ACTV LeaderShares Activist Leaders ETF	1.28%	1.28%	0.80%	1.18%	0.28%	7.63%	0.11%
YCS ProShares UltraShort Yen	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ACTV and YCS in my portfolio?

ACTV and YCS have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ACTV or YCS?

On fees, ACTV is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ACTV or YCS?

ACTV is cheaper with a 0.75% expense ratio, compared with 1.00% for YCS.

Which ETF pays a higher dividend yield, ACTV or YCS?

ACTV has the higher dividend yield at 1.28%, compared with 0.00% for YCS.

What is the main difference between ACTV and YCS?

ACTV is categorized as Global Equities, while YCS is Leveraged Currency. They also come from different issuers: Redwood and ProShares. Their fees differ too: 0.75% for ACTV and 1.00% for YCS.