DRKY vs. UCO

Last updated Jun 4, 2026

DRKY (VistaShares Target 15 Druckenmiller Macro Distribution ETF) and UCO (ProShares Ultra Bloomberg Crude Oil) are both exchange-traded funds - DRKY is a Derivative Income fund actively managed by VistaShares, while UCO is a Leveraged Commodities fund tracking the Dow Jones-UBS Crude Oil Sub-Index (200%). DRKY is actively managed, while UCO is passively managed. At a correlation of -0.28, they often move in opposite directions. Both charge a 0.95% expense ratio.

Performance

DRKY vs. UCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15 Druckenmiller Macro Distribution ETF (DRKY) and ProShares Ultra Bloomberg Crude Oil (UCO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRKY achieves a -1.44% return, which is significantly lower than UCO's 149.12% return.

DRKY

• 1D: -0.88%
• 1M: -1.87%
• YTD: -1.44%
• 6M: -1.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UCO

• 1D: 2.71%
• 1M: -4.64%
• YTD: 149.12%
• 6M: 137.09%
• 1Y: 120.48%
• 3Y*: 25.90%
• 5Y*: 22.16%
• 10Y*: -11.31%

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

DRKY vs. UCO - Yearly Performance Comparison

	2026 (YTD)	2025
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF	-1.44%	11.61%
UCO ProShares Ultra Bloomberg Crude Oil	149.12%	-13.32%

Correlation

The correlation between DRKY and UCO is -0.28, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	-0.28

Return for Risk

DRKY vs. UCO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UCO

UCO Risk / Return Rank: 54
UCO Sharpe Ratio Rank: 62
UCO Sortino Ratio Rank: 50
UCO Omega Ratio Rank: 50
UCO Calmar Ratio Rank: 69
UCO Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DRKY vs. UCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15 Druckenmiller Macro Distribution ETF (DRKY) and ProShares Ultra Bloomberg Crude Oil (UCO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DRKY	UCO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.12	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	-0.34	+1.10

Drawdowns

DRKY vs. UCO - Drawdown Comparison

The maximum DRKY drawdown since its inception was -15.68%, smaller than the maximum UCO drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for DRKY and UCO.

Drawdown Indicators

	DRKY	UCO	Difference
Max Drawdown Largest peak-to-trough decline	-15.68%	-99.95%	+84.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-34.77%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-50.38%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-67.24%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-98.75%	—
Current Drawdown Current decline from peak	-4.92%	-99.23%	+94.31%
Average Drawdown Average peak-to-trough decline	-4.50%	-85.49%	+80.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.33%	—

Volatility

Volatility by Period

	DRKY	UCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	46.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.93%	57.11%	-36.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.93%	59.78%	-38.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.93%	71.36%	-50.43%

DRKY vs. UCO - Expense Ratio Comparison

Both DRKY and UCO have an expense ratio of 0.95%.

Dividends

DRKY vs. UCO - Dividend Comparison

DRKY's dividend yield for the trailing twelve months is around 10.33%, while UCO has not paid dividends to shareholders.

Position	TTM	2025
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF	10.33%	3.66%
UCO ProShares Ultra Bloomberg Crude Oil	0.00%	0.00%

Frequently Asked Questions

Can I hold both DRKY and UCO in my portfolio?

DRKY and UCO have a correlation of -0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DRKY or UCO?

Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRKY or UCO?

DRKY and UCO have the same expense ratio: 0.95% per year.

Which ETF pays a higher dividend yield, DRKY or UCO?

DRKY has the higher dividend yield at 10.33%, compared with 0.00% for UCO.

What is the main difference between DRKY and UCO?

DRKY is categorized as Derivative Income, while UCO is Leveraged Commodities. They also come from different issuers: VistaShares and ProShares.