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.
Correlation
The correlation between CLPAX and ROM 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
CLPAX vs. ROM - Performance Comparison
Key characteristics
CLPAX:
0.99
ROM:
0.58
CLPAX:
1.44
ROM:
1.04
CLPAX:
1.18
ROM:
1.14
CLPAX:
1.16
ROM:
0.83
CLPAX:
4.13
ROM:
2.36
CLPAX:
3.37%
ROM:
11.30%
CLPAX:
14.05%
ROM:
45.72%
CLPAX:
-36.85%
ROM:
-83.36%
CLPAX:
0.00%
ROM:
-3.36%
Returns By Period
In the year-to-date period, CLPAX achieves a 5.36% return, which is significantly lower than ROM's 6.78% return. Over the past 10 years, CLPAX has underperformed ROM with an annualized return of 1.26%, while ROM has yielded a comparatively higher 30.86% annualized return.
CLPAX
5.36%
2.91%
8.77%
15.42%
4.63%
1.26%
ROM
6.78%
6.07%
9.95%
31.65%
26.57%
30.86%
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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.
Risk-Adjusted Performance
CLPAX vs. ROM — Risk-Adjusted Performance Rank
CLPAX
ROM
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 0.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.08% | 0.29% | 0.02% | 0.00% | 0.00% | 0.00% |
ROM ProShares Ultra Technology | 0.20% | 0.21% | 0.01% | 0.00% | 0.00% | 0.05% | 0.16% | 0.30% | 0.08% | 0.20% | 0.12% | 0.24% |
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 4.76%, while ProShares Ultra Technology (ROM) has a volatility of 14.63%. 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.