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.
Performance
CLPAX vs. ROM - Performance Comparison
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CLPAX vs. ROM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | -7.05% | 12.32% | 11.42% | 35.92% | -30.54% | 13.11% | 5.25% | 19.41% | -3.65% | 8.20% |
ROM ProShares Ultra Technology | -16.84% | 35.63% | 31.65% | 130.70% | -63.86% | 77.75% | 80.42% | 102.10% | -9.89% | 81.11% |
Returns By Period
In the year-to-date period, CLPAX achieves a -7.05% return, which is significantly higher than ROM's -16.84% return. Over the past 10 years, CLPAX has underperformed ROM with an annualized return of 5.33%, while ROM has yielded a comparatively higher 31.73% annualized return.
CLPAX
- 1D
- -0.56%
- 1M
- -5.79%
- YTD
- -7.05%
- 6M
- -6.80%
- 1Y
- 14.47%
- 3Y*
- 11.10%
- 5Y*
- 4.94%
- 10Y*
- 5.33%
ROM
- 1D
- 8.36%
- 1M
- -8.93%
- YTD
- -16.84%
- 6M
- -15.35%
- 1Y
- 47.16%
- 3Y*
- 31.37%
- 5Y*
- 14.97%
- 10Y*
- 31.73%
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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.
Return for Risk
CLPAX vs. ROM — Risk / Return Rank
CLPAX
ROM
CLPAX vs. ROM - Risk-Adjusted Trends 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.
| CLPAX | ROM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.87 | 0.88 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.36 | 1.49 | -0.13 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.21 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.96 | 1.48 | -0.51 |
Martin ratioReturn relative to average drawdown | 2.91 | 4.42 | -1.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CLPAX | ROM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 0.88 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.29 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.64 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.44 | -0.10 |
Correlation
The correlation between CLPAX and ROM is 0.84, 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.
Dividends
CLPAX vs. ROM - Dividend Comparison
CLPAX's dividend yield for the trailing twelve months is around 9.79%, more than ROM's 0.29% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | 9.79% | 9.10% | 0.00% | 0.00% | 2.68% | 0.32% | 0.49% | 5.41% | 0.30% | 0.02% | 0.00% | 17.26% |
ROM ProShares Ultra Technology | 0.29% | 0.24% | 0.21% | 0.01% | 0.00% | 0.00% | 0.05% | 0.16% | 0.30% | 0.08% | 0.20% | 0.12% |
Drawdowns
CLPAX vs. ROM - Drawdown Comparison
The maximum CLPAX drawdown since its inception was -32.47%, 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.
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Drawdown Indicators
| CLPAX | ROM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.47% | -83.36% | +50.89% |
Max Drawdown (1Y)Largest decline over 1 year | -12.87% | -32.33% | +19.46% |
Max Drawdown (5Y)Largest decline over 5 years | -32.47% | -67.55% | +35.08% |
Max Drawdown (10Y)Largest decline over 10 years | -32.47% | -67.55% | +35.08% |
Current DrawdownCurrent decline from peak | -12.87% | -26.67% | +13.80% |
Average DrawdownAverage peak-to-trough decline | -8.16% | -21.02% | +12.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 10.81% | -6.55% |
Volatility
CLPAX vs. ROM - Volatility Comparison
The current volatility for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) is 3.18%, while ProShares Ultra Technology (ROM) has a volatility of 16.01%. 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.
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Volatility by Period
| CLPAX | ROM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 16.01% | -12.83% |
Volatility (6M)Calculated over the trailing 6-month period | 9.87% | 32.95% | -23.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.59% | 53.78% | -37.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.63% | 51.32% | -35.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.38% | 49.50% | -35.12% |