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BIV vs. UPRO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BIVUPRO
YTD Return-0.71%29.19%
1Y Return2.30%103.91%
3Y Return (Ann)-2.37%16.76%
5Y Return (Ann)0.80%24.07%
10Y Return (Ann)1.97%24.67%
Sharpe Ratio0.322.97
Daily Std Dev7.05%34.48%
Max Drawdown-18.95%-76.82%
Current Drawdown-10.85%-7.65%

Correlation

-0.17
-1.001.00

The correlation between BIV and UPRO is -0.17. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

BIV vs. UPRO - Performance Comparison

In the year-to-date period, BIV achieves a -0.71% return, which is significantly lower than UPRO's 29.19% return. Over the past 10 years, BIV has underperformed UPRO with an annualized return of 1.97%, while UPRO has yielded a comparatively higher 24.67% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%OctoberNovemberDecember2024FebruaryMarch
63.77%
6,018.58%
BIV
UPRO

Compare stocks, funds, or ETFs


Vanguard Intermediate-Term Bond ETF

ProShares UltraPro S&P 500

BIV vs. UPRO - Expense Ratio Comparison

BIV has a 0.04% expense ratio, which is lower than UPRO's 0.92% expense ratio.

UPRO
ProShares UltraPro S&P 500
0.50%1.00%1.50%2.00%0.92%
0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

BIV vs. UPRO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Bond ETF (BIV) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BIV
Vanguard Intermediate-Term Bond ETF
0.32
UPRO
ProShares UltraPro S&P 500
3.01

BIV vs. UPRO - Sharpe Ratio Comparison

The current BIV Sharpe Ratio is 0.32, which is lower than the UPRO Sharpe Ratio of 3.01. The chart below compares the 12-month rolling Sharpe Ratio of BIV and UPRO.


Rolling 12-month Sharpe Ratio0.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
0.32
3.01
BIV
UPRO

Dividends

BIV vs. UPRO - Dividend Comparison

BIV's dividend yield for the trailing twelve months is around 3.26%, more than UPRO's 0.63% yield.


TTM20232022202120202019201820172016201520142013
BIV
Vanguard Intermediate-Term Bond ETF
3.26%3.09%2.41%3.42%2.95%2.75%2.88%2.69%2.38%3.02%3.96%4.22%
UPRO
ProShares UltraPro S&P 500
0.63%0.74%0.52%0.06%0.11%0.53%0.63%0.00%0.12%0.34%0.22%0.07%

Drawdowns

BIV vs. UPRO - Drawdown Comparison

The maximum BIV drawdown since its inception was -18.95%, smaller than the maximum UPRO drawdown of -76.82%. The drawdown chart below compares losses from any high point along the way for BIV and UPRO


-50.00%-40.00%-30.00%-20.00%-10.00%OctoberNovemberDecember2024FebruaryMarch
-10.85%
-7.65%
BIV
UPRO

Volatility

BIV vs. UPRO - Volatility Comparison

The current volatility for Vanguard Intermediate-Term Bond ETF (BIV) is 1.26%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 8.29%. This indicates that BIV 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%OctoberNovemberDecember2024FebruaryMarch
1.26%
8.29%
BIV
UPRO