AXP vs. UPRO
Compare and contrast key facts about American Express Company (AXP) and ProShares UltraPro S&P 500 (UPRO).
UPRO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (300%). It was launched on Jun 23, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AXP or UPRO.
Key characteristics
| AXP | UPRO | |
|---|---|---|
| YTD Return | 17.21% | 19.32% |
| 1Y Return | 36.32% | 66.41% |
| 3Y Return (Ann) | 15.85% | 9.17% |
| 5Y Return (Ann) | 16.14% | 20.25% |
| 10Y Return (Ann) | 11.40% | 24.00% |
| Sharpe Ratio | 1.77 | 2.09 |
| Daily Std Dev | 22.00% | 34.81% |
| Max Drawdown | -83.91% | -76.82% |
| Current Drawdown | -4.47% | -14.71% |
Correlation
The correlation between AXP and UPRO is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AXP vs. UPRO - Performance Comparison
In the year-to-date period, AXP achieves a 17.21% return, which is significantly lower than UPRO's 19.32% return. Over the past 10 years, AXP has underperformed UPRO with an annualized return of 11.40%, while UPRO has yielded a comparatively higher 24.00% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
AXP vs. UPRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Express Company (AXP) and ProShares UltraPro S&P 500 (UPRO). 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
AXP vs. UPRO - Dividend Comparison
AXP's dividend yield for the trailing twelve months is around 1.15%, more than UPRO's 0.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXP American Express Company | 1.15% | 1.24% | 1.35% | 1.05% | 1.42% | 1.29% | 1.51% | 1.32% | 1.61% | 1.58% | 1.05% | 0.95% |
UPRO ProShares UltraPro S&P 500 | 0.68% | 0.74% | 0.52% | 0.06% | 0.11% | 0.53% | 0.63% | 0.00% | 0.12% | 0.34% | 0.22% | 0.07% |
Drawdowns
AXP vs. UPRO - Drawdown Comparison
The maximum AXP drawdown since its inception was -83.91%, which is greater than UPRO's maximum drawdown of -76.82%. The drawdown chart below compares losses from any high point along the way for AXP and UPRO
Volatility
AXP vs. UPRO - Volatility Comparison
The current volatility for American Express Company (AXP) is 5.78%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 9.60%. This indicates that AXP experiences smaller price fluctuations and is considered to be less risky than UPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.