BRZE vs. SSO
BRZE (Braze, Inc.) is a stock, while SSO (ProShares Ultra S&P500) is Leveraged Equities fund tracking the S&P 500. Over the past 3 years, BRZE returned -16.48%/yr vs 34.45%/yr for SSO. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
BRZE vs. SSO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BRZE achieves a -26.71% return, which is significantly lower than SSO's 19.14% return.
BRZE
- 1D
- 1.17%
- 1M
- 16.02%
- 6M
- -16.43%
- YTD
- -26.71%
- 1Y
- -5.06%
- 3Y*
- -16.48%
- 5Y*
- —
- 10Y*
- —
SSO
- 1D
- 0.81%
- 1M
- 3.53%
- 6M
- 15.20%
- YTD
- 19.14%
- 1Y
- 39.50%
- 3Y*
- 34.45%
- 5Y*
- 18.05%
- 10Y*
- 23.57%
BRZE vs. SSO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BRZE Braze, Inc. | -26.71% | -18.12% | -21.17% | 94.76% | -64.64% | -11.51% |
SSO ProShares Ultra S&P500 | 19.14% | 26.19% | 43.48% | 46.65% | -38.98% | 2.58% |
Correlation
The correlation between BRZE and SSO is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021 | 0.51 |
Over the past year, the correlation between BRZE and SSO has dropped to 0.27 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BRZE vs. SSO — Risk / Return Rank
BRZE
SSO
BRZE vs. SSO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Braze, Inc. (BRZE) and ProShares Ultra S&P500 (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.
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.
| BRZE | SSO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.27 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 2.12 | -2.30 |
| Martin ratioReturn relative to average drawdown | -0.33 | 8.76 | -9.09 |
Loading charts...
Drawdowns
BRZE vs. SSO - Drawdown Comparison
The maximum BRZE drawdown since its inception was -83.23%, roughly equal to the maximum SSO drawdown of -84.67%. Use the drawdown chart below to compare losses from any high point for BRZE and SSO.
Loading charts...
Drawdown Indicators
| BRZE | SSO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.23% | -84.67% | +1.44% |
Max Drawdown (1Y)Largest decline over 1 year | -56.37% | -18.17% | -38.20% |
Max Drawdown (3Y)Largest decline over 3 years | -73.56% | -35.21% | -38.35% |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.34% | — |
Current DrawdownCurrent decline from peak | -73.31% | -1.59% | -71.72% |
Average DrawdownAverage peak-to-trough decline | -60.21% | -19.49% | -40.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.84% | 4.40% | +25.44% |
Volatility
BRZE vs. SSO - Volatility Comparison
Braze, Inc. (BRZE) has a higher volatility of 13.98% compared to ProShares Ultra S&P500 (SSO) at 8.79%. This indicates that BRZE's price experiences larger fluctuations and is considered to be riskier than SSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BRZE | SSO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.98% | 8.79% | +5.19% |
Volatility (6M)Calculated over the trailing 6-month period | 53.73% | 19.84% | +33.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.29% | 24.97% | +41.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.41% | 33.86% | +30.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.41% | 35.86% | +28.55% |
Dividends
BRZE vs. SSO - Dividend Comparison
BRZE has not paid dividends to shareholders, while SSO's dividend yield for the trailing twelve months is around 0.66%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRZE Braze, Inc. | 0.00% | 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&P500 | 0.66% | 0.68% | 0.85% | 0.18% | 0.50% | 0.18% | 0.20% | 0.50% | 0.75% | 0.39% | 0.51% | 0.63% |
Frequently Asked Questions
BRZE and SSO have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRZE has higher volatility (13.98%) compared to SSO (8.79%). In terms of maximum drawdown, BRZE dropped -83.23% vs SSO's -84.67%.
SSO currently has the higher Sharpe Ratio (1.55 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BRZE and SSO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer