BRKU vs. SSO
Compare and contrast key facts about Direxion Daily BRKB Bull 2X Shares (BRKU) and ProShares Ultra S&P 500 (SSO).
BRKU and SSO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BRKU is an actively managed fund by Direxion. It was launched on Dec 11, 2024. 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: BRKU or SSO.
Correlation
The correlation between BRKU and SSO is 0.54, 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
BRKU vs. SSO - Performance Comparison
Key characteristics
BRKU:
47.05%
SSO:
38.52%
BRKU:
-17.69%
SSO:
-84.67%
BRKU:
-4.55%
SSO:
-21.69%
Returns By Period
In the year-to-date period, BRKU achieves a 29.47% return, which is significantly higher than SSO's -15.17% return.
BRKU
29.47%
-3.08%
N/A
N/A
N/A
N/A
SSO
-15.17%
-8.65%
-13.83%
10.79%
24.81%
17.18%
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BRKU vs. SSO - Expense Ratio Comparison
BRKU has a 0.97% expense ratio, which is higher than SSO's 0.90% expense ratio.
Risk-Adjusted Performance
BRKU vs. SSO — Risk-Adjusted Performance Rank
BRKU
SSO
BRKU vs. SSO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily BRKB Bull 2X Shares (BRKU) 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.
Not enough dataDividends
BRKU vs. SSO - Dividend Comparison
BRKU's dividend yield for the trailing twelve months is around 0.28%, less than SSO's 0.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRKU Direxion Daily BRKB Bull 2X Shares | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SSO ProShares Ultra S&P 500 | 0.99% | 0.85% | 0.18% | 0.50% | 0.18% | 0.20% | 0.50% | 0.75% | 0.39% | 0.51% | 0.63% | 0.32% |
Drawdowns
BRKU vs. SSO - Drawdown Comparison
The maximum BRKU drawdown since its inception was -17.69%, smaller than the maximum SSO drawdown of -84.67%. Use the drawdown chart below to compare losses from any high point for BRKU and SSO. For additional features, visit the drawdowns tool.
Volatility
BRKU vs. SSO - Volatility Comparison
The current volatility for Direxion Daily BRKB Bull 2X Shares (BRKU) is 21.90%, while ProShares Ultra S&P 500 (SSO) has a volatility of 28.07%. This indicates that BRKU 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.