CLPAX vs. ROM
Compare and contrast key facts about Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and ProShares Ultra Technology (ROM).
CLPAX is managed by Catalyst Mutual Funds. It was launched on Dec 30, 2013. ROM is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Technology Index (200%). It was launched on Jan 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLPAX or ROM.
Performance
CLPAX vs. ROM - Performance Comparison
Returns By Period
In the year-to-date period, CLPAX achieves a 8.44% return, which is significantly lower than ROM's 28.25% return. Over the past 10 years, CLPAX has underperformed ROM with an annualized return of 0.88%, while ROM has yielded a comparatively higher 30.69% annualized return.
CLPAX
8.44%
-1.17%
5.82%
13.77%
2.82%
0.88%
ROM
28.25%
-1.56%
10.13%
40.89%
30.37%
30.69%
Key characteristics
CLPAX | ROM | |
---|---|---|
Sharpe Ratio | 1.08 | 0.97 |
Sortino Ratio | 1.55 | 1.45 |
Omega Ratio | 1.19 | 1.19 |
Calmar Ratio | 0.95 | 1.31 |
Martin Ratio | 4.26 | 3.97 |
Ulcer Index | 3.21% | 10.65% |
Daily Std Dev | 12.64% | 43.64% |
Max Drawdown | -36.85% | -83.36% |
Current Drawdown | -3.34% | -11.84% |
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CLPAX vs. ROM - Expense Ratio Comparison
CLPAX has a 1.74% expense ratio, which is higher than ROM's 0.95% expense ratio.
Correlation
The correlation between CLPAX and ROM is 0.82, 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.
Risk-Adjusted Performance
CLPAX vs. ROM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and ProShares Ultra Technology (ROM). 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
CLPAX vs. ROM - Dividend Comparison
CLPAX has not paid dividends to shareholders, while ROM's dividend yield for the trailing twelve months is around 0.17%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Catalyst Nasdaq-100 Hedged Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.08% | 0.29% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
ProShares Ultra Technology | 0.17% | 0.01% | 0.00% | 0.00% | 0.05% | 0.16% | 0.30% | 0.08% | 0.20% | 0.12% | 0.24% | 0.03% |
Drawdowns
CLPAX vs. ROM - Drawdown Comparison
The maximum CLPAX drawdown since its inception was -36.85%, smaller than the maximum ROM drawdown of -83.36%. Use the drawdown chart below to compare losses from any high point for CLPAX and ROM. For additional features, visit the drawdowns tool.
Volatility
CLPAX vs. ROM - Volatility Comparison
The current volatility for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) is 4.25%, while ProShares Ultra Technology (ROM) has a volatility of 12.52%. This indicates that CLPAX experiences smaller price fluctuations and is considered to be less risky than ROM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.