BIB vs. DUOG
BIB (ProShares Ultra Nasdaq Biotechnology) and DUOG (Leverage Shares 2X Long DUOL Daily ETF) are both Leveraged Equities funds. BIB is passively managed, while DUOG is actively managed. At a correlation of -0.10, they often move in opposite directions. BIB charges 0.95%/yr vs 0.75%/yr for DUOG.
Performance
BIB vs. DUOG - Performance Comparison
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Returns By Period
In the year-to-date period, BIB achieves a 10.33% return, which is significantly higher than DUOG's -59.80% return.
BIB
- 1D
- 3.51%
- 1M
- 7.37%
- YTD
- 10.33%
- 6M
- 5.76%
- 1Y
- 95.42%
- 3Y*
- 18.87%
- 5Y*
- -0.66%
- 10Y*
- 9.50%
DUOG
- 1D
- 3.24%
- 1M
- 34.98%
- YTD
- -59.80%
- 6M
- -64.33%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BIB vs. DUOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BIB ProShares Ultra Nasdaq Biotechnology | 10.33% | 0.60% |
DUOG Leverage Shares 2X Long DUOL Daily ETF | -59.80% | -25.09% |
Correlation
The correlation between BIB and DUOG is -0.10, 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 Dec 11, 2025 | -0.10 |
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Return for Risk
BIB vs. DUOG — Risk / Return Rank
BIB
DUOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BIB vs. DUOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Nasdaq Biotechnology (BIB) and Leverage Shares 2X Long DUOL Daily ETF (DUOG). 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.
| BIB | DUOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.35 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.67 | — | — |
| Martin ratioReturn relative to average drawdown | 17.31 | — | — |
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Drawdowns
BIB vs. DUOG - Drawdown Comparison
The maximum BIB drawdown since its inception was -67.24%, smaller than the maximum DUOG drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for BIB and DUOG.
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Drawdown Indicators
| BIB | DUOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.24% | -83.13% | +15.89% |
Max Drawdown (1Y)Largest decline over 1 year | -16.92% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -45.30% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -65.86% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.20% | — | — |
Current DrawdownCurrent decline from peak | -18.88% | -69.89% | +51.01% |
Average DrawdownAverage peak-to-trough decline | -32.71% | -63.95% | +31.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | — | — |
Volatility
BIB vs. DUOG - Volatility Comparison
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Volatility by Period
| BIB | DUOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.51% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 31.64% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.47% | 114.34% | -73.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.60% | 114.34% | -70.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.50% | 114.34% | -67.84% |
BIB vs. DUOG - Expense Ratio Comparison
BIB has a 0.95% expense ratio, which is higher than DUOG's 0.75% expense ratio.
Dividends
BIB vs. DUOG - Dividend Comparison
BIB's dividend yield for the trailing twelve months is around 0.56%, while DUOG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BIB ProShares Ultra Nasdaq Biotechnology | 0.56% | 0.77% | 1.69% | 0.07% | 0.03% |
DUOG Leverage Shares 2X Long DUOL Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BIB and DUOG have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DUOG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DUOG is cheaper with a 0.75% expense ratio, compared with 0.95% for BIB.
BIB has the higher dividend yield at 0.56%, compared with 0.00% for DUOG.
They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for BIB and 0.75% for DUOG.
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