BDYN vs. UCO
BDYN (iShares Dynamic Equity Active ETF) and UCO (ProShares Ultra Bloomberg Crude Oil) are both exchange-traded funds - BDYN is a Global Equities fund actively managed by iShares, while UCO is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index (200%). BDYN is actively managed, while UCO is passively managed. At a correlation of -0.23, they often move in opposite directions. BDYN charges 0.40%/yr vs 0.95%/yr for UCO.
Performance
BDYN vs. UCO - Performance Comparison
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Returns By Period
In the year-to-date period, BDYN achieves a 5.84% return, which is significantly lower than UCO's 69.20% return.
BDYN
- 1D
- -0.36%
- 1M
- -0.92%
- YTD
- 5.84%
- 6M
- 4.37%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UCO
- 1D
- -6.97%
- 1M
- -30.80%
- YTD
- 69.20%
- 6M
- 64.11%
- 1Y
- 44.07%
- 3Y*
- 12.63%
- 5Y*
- 10.47%
- 10Y*
- 18.60%
BDYN vs. UCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BDYN iShares Dynamic Equity Active ETF | 5.84% | 3.61% |
UCO ProShares Ultra Bloomberg Crude Oil | 69.20% | -14.93% |
Correlation
The correlation between BDYN and UCO is -0.23, 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 (All Time) Calculated using the full available price history since Sep 15, 2025 | -0.23 |
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Return for Risk
BDYN vs. UCO — Risk / Return Rank
BDYN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
UCO
BDYN vs. UCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Dynamic Equity Active ETF (BDYN) and ProShares Ultra Bloomberg Crude Oil (UCO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BDYN | UCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.16 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.19 | — |
| Martin ratioReturn relative to average drawdown | — | 2.71 | — |
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Drawdowns
BDYN vs. UCO - Drawdown Comparison
The maximum BDYN drawdown since its inception was -10.85%, smaller than the maximum UCO drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for BDYN and UCO.
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Drawdown Indicators
| BDYN | UCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.85% | -99.86% | +89.01% |
Max Drawdown (1Y)Largest decline over 1 year | — | -37.09% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -50.38% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -67.24% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -96.50% | — |
Current DrawdownCurrent decline from peak | -2.95% | -86.87% | +83.92% |
Average DrawdownAverage peak-to-trough decline | -1.81% | -82.11% | +80.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 16.32% | — |
Volatility
BDYN vs. UCO - Volatility Comparison
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Volatility by Period
| BDYN | UCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 17.09% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 48.66% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.85% | 56.87% | -42.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.85% | 60.17% | -45.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.85% | 317.72% | -302.87% |
BDYN vs. UCO - Expense Ratio Comparison
BDYN has a 0.40% expense ratio, which is lower than UCO's 0.95% expense ratio.
Dividends
BDYN vs. UCO - Dividend Comparison
BDYN's dividend yield for the trailing twelve months is around 2.06%, while UCO has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BDYN iShares Dynamic Equity Active ETF | 2.06% | 2.18% |
UCO ProShares Ultra Bloomberg Crude Oil | 0.00% | 0.00% |
Frequently Asked Questions
BDYN and UCO have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BDYN is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BDYN is cheaper with a 0.40% expense ratio, compared with 0.95% for UCO.
BDYN has the higher dividend yield at 2.06%, compared with 0.00% for UCO.
BDYN is categorized as Global Equities, while UCO is Oil & Gas. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.40% for BDYN and 0.95% for UCO.
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