BREIX vs. SSO
Compare and contrast key facts about Baron Real Estate Fund (BREIX) and ProShares Ultra S&P 500 (SSO).
BREIX is managed by Baron Capital Group, Inc.. It was launched on Dec 31, 2009. SSO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BREIX or SSO.
Key characteristics
| BREIX | SSO | |
|---|---|---|
| YTD Return | 17.26% | 49.61% |
| 1Y Return | 32.52% | 67.69% |
| 3Y Return (Ann) | -0.15% | 11.48% |
| 5Y Return (Ann) | 7.93% | 22.95% |
| 10Y Return (Ann) | 5.41% | 20.54% |
| Sharpe Ratio | 2.10 | 3.04 |
| Sortino Ratio | 2.94 | 3.63 |
| Omega Ratio | 1.36 | 1.51 |
| Calmar Ratio | 1.51 | 3.51 |
| Martin Ratio | 8.40 | 18.74 |
| Ulcer Index | 4.70% | 3.95% |
| Daily Std Dev | 18.78% | 24.37% |
| Max Drawdown | -42.73% | -84.67% |
| Current Drawdown | -2.19% | -0.53% |
Correlation
The correlation between BREIX and SSO is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BREIX vs. SSO - Performance Comparison
In the year-to-date period, BREIX achieves a 17.26% return, which is significantly lower than SSO's 49.61% return. Over the past 10 years, BREIX has underperformed SSO with an annualized return of 5.41%, while SSO has yielded a comparatively higher 20.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BREIX vs. SSO - Expense Ratio Comparison
BREIX has a 1.05% expense ratio, which is higher than SSO's 0.90% expense ratio.
Risk-Adjusted Performance
BREIX vs. SSO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Real Estate Fund (BREIX) and ProShares Ultra S&P 500 (SSO). 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
BREIX vs. SSO - Dividend Comparison
BREIX's dividend yield for the trailing twelve months is around 0.38%, less than SSO's 0.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BREIX Baron Real Estate Fund | 0.38% | 0.43% | 0.08% | 0.00% | 0.05% | 0.42% | 0.34% | 0.00% | 0.28% | 0.04% | 0.33% | 0.15% |
SSO ProShares Ultra S&P 500 | 0.68% | 0.18% | 0.50% | 0.18% | 0.20% | 0.50% | 0.75% | 0.39% | 0.51% | 0.63% | 0.32% | 0.26% |
Drawdowns
BREIX vs. SSO - Drawdown Comparison
The maximum BREIX drawdown since its inception was -42.73%, smaller than the maximum SSO drawdown of -84.67%. Use the drawdown chart below to compare losses from any high point for BREIX and SSO. For additional features, visit the drawdowns tool.
Volatility
BREIX vs. SSO - Volatility Comparison
The current volatility for Baron Real Estate Fund (BREIX) is 5.48%, while ProShares Ultra S&P 500 (SSO) has a volatility of 7.53%. This indicates that BREIX experiences smaller price fluctuations and is considered to be less risky than SSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.