DIVG vs. YCS

Last updated Aug 6, 2026

DIVG (Invesco S&P 500 High Dividend Growers ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - DIVG is a S&P 500 fund tracking the S&P 500 High Dividend Growth Index - Benchmark TR Gross, while YCS is a Leveraged Currency fund tracking the JPY/USD 4:00 p.m. ET Cross Rate. Both are passively managed. Over the past year, DIVG returned 24.34% vs 22.68% for YCS. Their -0.13 correlation means they have often moved in opposite directions in the past. DIVG charges 0.39%/yr vs 0.95%/yr for YCS.

Performance

DIVG vs. YCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 High Dividend Growers ETF (DIVG) and ProShares UltraShort Yen (YCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVG achieves a 18.85% return, which is significantly higher than YCS's 5.40% return.

DIVG

• 1D: -0.44%
• 1M: 3.64%
• 6M: 10.54%
• YTD: 18.85%
• 1Y: 24.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.15%

YCS

• 1D: -0.02%
• 1M: -4.94%
• 6M: 4.42%
• YTD: 5.40%
• 1Y: 22.68%
• 3Y*: 17.44%
• 5Y*: 22.89%
• 10Y*: 13.35%
• ALL TIME*: 6.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DIVG Invesco S&P 500 High Dividend Growers ETF	$37.88K	$69.44K	$64.74K
YCS ProShares UltraShort Yen	$2.59M	$2.15M	$1.60M

DIVG vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DIVG Invesco S&P 500 High Dividend Growers ETF	18.85%	11.31%	16.60%	5.71%
YCS ProShares UltraShort Yen	5.40%	9.04%	35.41%	-7.56%

Correlation

The correlation between DIVG and YCS is -0.18, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.18
Correlation (All Time) Calculated using the full available price history since Dec 6, 2023	-0.13

Return for Risk

DIVG vs. YCS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DIVG

DIVG Risk / Return Rank: 89
DIVG Sharpe Ratio Rank: 87
DIVG Sortino Ratio Rank: 90
DIVG Omega Ratio Rank: 84
DIVG Calmar Ratio Rank: 93
DIVG Martin Ratio Rank: 90

YCS

YCS Risk / Return Rank: 56
YCS Sharpe Ratio Rank: 49
YCS Sortino Ratio Rank: 43
YCS Omega Ratio Rank: 52
YCS Calmar Ratio Rank: 68
YCS Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DIVG vs. YCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 High Dividend Growers ETF (DIVG) and ProShares UltraShort Yen (YCS). 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.

	DIVG	YCS	Difference
Sharpe ratio: Return per unit of total volatility	2.27	1.39	+0.88
Sortino ratio: Return per unit of downside risk	3.37	1.80	+1.57
Omega ratio: Gain probability vs. loss probability	1.39	1.27	+0.12
Calmar ratio: Return relative to maximum drawdown	4.77	2.69	+2.08
Martin ratio: Return relative to average drawdown	15.96	9.73	+6.24

DIVG vs. YCS - Sharpe Ratio Comparison

The current DIVG Sharpe Ratio is 2.27, which is higher than the YCS Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of DIVG and YCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DIVG vs. YCS - Drawdown Comparison

The maximum DIVG drawdown since its inception was -14.95%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for DIVG and YCS.

Drawdown Indicators

	DIVG	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-14.95%	-49.56%	+34.61%
Max Drawdown (1Y) Largest decline over 1 year	-5.13%	-8.48%	+3.35%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.32%	—
Current Drawdown Current decline from peak	-0.49%	-7.34%	+6.85%
Average Drawdown Average peak-to-trough decline	-2.18%	-19.75%	+17.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.53%	2.34%	-0.81%

Volatility

DIVG vs. YCS - Volatility Comparison

The current volatility for Invesco S&P 500 High Dividend Growers ETF (DIVG) is 3.47%, while ProShares UltraShort Yen (YCS) has a volatility of 5.95%. This indicates that DIVG experiences smaller price fluctuations and is considered to be less risky than YCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVG	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.47%	5.95%	-2.48%
Volatility (6M) Calculated over the trailing 6-month period	7.64%	11.87%	-4.23%
Volatility (1Y) Calculated over the trailing 1-year period	10.78%	16.43%	-5.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.10%	21.21%	-8.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.10%	18.61%	-5.51%

DIVG vs. YCS - Expense Ratio Comparison

DIVG has a 0.39% expense ratio, which is lower than YCS's 0.95% expense ratio.

Dividends

DIVG vs. YCS - Dividend Comparison

DIVG's dividend yield for the trailing twelve months is around 2.96%, while YCS has not paid dividends to shareholders.

Position	TTM	2025	2024
DIVG Invesco S&P 500 High Dividend Growers ETF	2.96%	3.15%	4.08%
YCS ProShares UltraShort Yen	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIVG and YCS in my portfolio?

DIVG and YCS have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVG or YCS?

YCS has higher volatility (5.95%) compared to DIVG (3.47%). In terms of maximum drawdown, DIVG dropped -14.95% vs YCS's -49.56%.

Which ETF is better, DIVG or YCS?

On 1-year performance, DIVG leads with 24.34% vs 22.68% for YCS. On fees, DIVG is cheaper at 0.39% per year. On volatility, DIVG has been the lower-risk option at 3.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVG or YCS?

Over the 1-year period, DIVG has performed better with a 24.34% return vs 22.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVG or YCS?

DIVG is cheaper with a 0.39% expense ratio, compared with 0.95% for YCS.

Which ETF pays a higher dividend yield, DIVG or YCS?

DIVG has the higher dividend yield at 2.96%, compared with 0.00% for YCS.

What is the main difference between DIVG and YCS?

DIVG is categorized as S&P 500, while YCS is Leveraged Currency. DIVG tracks S&P 500 High Dividend Growth Index - Benchmark TR Gross, while YCS tracks JPY/USD 4:00 p.m. ET Cross Rate. They also come from different issuers: Invesco and ProShares. Their fees differ too: 0.39% for DIVG and 0.95% for YCS.

Which has better risk-adjusted returns?

DIVG currently has the higher Sharpe Ratio (2.27 vs 1.39), 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.