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DGP vs. UGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DGP and UGL is 0.96, 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.


-0.50.00.51.01.0

Performance

DGP vs. UGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DB Gold Double Long Exchange Traded Notes (DGP) and ProShares Ultra Gold (UGL). The values are adjusted to include any dividend payments, if applicable.

200.00%250.00%300.00%350.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
366.93%
276.95%
DGP
UGL

Key characteristics

Sharpe Ratio

DGP:

1.89

UGL:

1.69

Sortino Ratio

DGP:

2.40

UGL:

2.16

Omega Ratio

DGP:

1.31

UGL:

1.28

Calmar Ratio

DGP:

1.28

UGL:

0.98

Martin Ratio

DGP:

9.94

UGL:

8.36

Ulcer Index

DGP:

5.68%

UGL:

6.08%

Daily Std Dev

DGP:

29.81%

UGL:

30.11%

Max Drawdown

DGP:

-75.31%

UGL:

-75.93%

Current Drawdown

DGP:

-11.26%

UGL:

-23.05%

Returns By Period

In the year-to-date period, DGP achieves a 51.93% return, which is significantly higher than UGL's 46.49% return. Over the past 10 years, DGP has outperformed UGL with an annualized return of 11.10%, while UGL has yielded a comparatively lower 9.48% annualized return.


DGP

YTD

51.93%

1M

-1.32%

6M

23.53%

1Y

54.81%

5Y*

17.97%

10Y*

11.10%

UGL

YTD

46.49%

1M

-3.92%

6M

21.62%

1Y

47.66%

5Y*

14.77%

10Y*

9.48%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DGP vs. UGL - Expense Ratio Comparison

DGP has a 0.75% expense ratio, which is lower than UGL's 0.95% expense ratio.


UGL
ProShares Ultra Gold
Expense ratio chart for UGL: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for DGP: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%

Risk-Adjusted Performance

DGP vs. UGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DB Gold Double Long Exchange Traded Notes (DGP) and ProShares Ultra Gold (UGL). 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.


Sharpe ratio
The chart of Sharpe ratio for DGP, currently valued at 1.89, compared to the broader market0.002.004.001.891.69
The chart of Sortino ratio for DGP, currently valued at 2.40, compared to the broader market-2.000.002.004.006.008.0010.002.402.16
The chart of Omega ratio for DGP, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.001.311.28
The chart of Calmar ratio for DGP, currently valued at 1.28, compared to the broader market0.005.0010.0015.001.280.98
The chart of Martin ratio for DGP, currently valued at 9.94, compared to the broader market0.0020.0040.0060.0080.00100.009.948.36
DGP
UGL

The current DGP Sharpe Ratio is 1.89, which is comparable to the UGL Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of DGP and UGL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.89
1.69
DGP
UGL

Dividends

DGP vs. UGL - Dividend Comparison

Neither DGP nor UGL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

DGP vs. UGL - Drawdown Comparison

The maximum DGP drawdown since its inception was -75.31%, roughly equal to the maximum UGL drawdown of -75.93%. Use the drawdown chart below to compare losses from any high point for DGP and UGL. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.26%
-23.05%
DGP
UGL

Volatility

DGP vs. UGL - Volatility Comparison

DB Gold Double Long Exchange Traded Notes (DGP) and ProShares Ultra Gold (UGL) have volatilities of 10.76% and 11.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
10.76%
11.22%
DGP
UGL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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