DUKX vs. YCS

Last updated Aug 2, 2026

DUKX (Ocean Park International ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - DUKX is a Foreign Large Cap Equities fund actively managed by Ocean Park, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). DUKX is actively managed, while YCS is passively managed. Over the past year, DUKX returned 21.20% vs 25.05% for YCS. Their -0.21 correlation means they have often moved in opposite directions in the past. DUKX charges 1.03%/yr vs 1.00%/yr for YCS.

Performance

DUKX vs. YCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ocean Park International ETF (DUKX) 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, DUKX achieves a 8.65% return, which is significantly higher than YCS's 7.29% return.

DUKX

• 1D: -0.13%
• 1M: -0.14%
• 6M: 2.25%
• YTD: 8.65%
• 1Y: 21.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.70%

YCS

• 1D: -0.84%
• 1M: -2.27%
• 6M: 9.33%
• YTD: 7.29%
• 1Y: 25.05%
• 3Y*: 17.34%
• 5Y*: 23.55%
• 10Y*: 13.76%
• ALL TIME*: 6.44%

*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)
DUKX Ocean Park International ETF	$14.44K	$13.32K	$12.42K
YCS ProShares UltraShort Yen	$1.53M	$2.43M	$1.42M

DUKX vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DUKX Ocean Park International ETF	8.65%	11.07%	-3.50%
YCS ProShares UltraShort Yen	7.29%	9.04%	-3.37%

Correlation

The correlation between DUKX and YCS is -0.30, 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.	-0.30
Correlation (All Time) Calculated using the full available price history since Jul 11, 2024	-0.21

Return for Risk

DUKX vs. YCS — Risk / Return Rank

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

DUKX

DUKX Risk / Return Rank: 55
DUKX Sharpe Ratio Rank: 56
DUKX Sortino Ratio Rank: 52
DUKX Omega Ratio Rank: 57
DUKX Calmar Ratio Rank: 63
DUKX Martin Ratio Rank: 48

YCS

YCS Risk / Return Rank: 56
YCS Sharpe Ratio Rank: 47
YCS Sortino Ratio Rank: 41
YCS Omega Ratio Rank: 52
YCS Calmar Ratio Rank: 68
YCS Martin Ratio Rank: 73

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.

DUKX vs. YCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ocean Park International ETF (DUKX) 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.

	DUKX	YCS	Difference
Sharpe ratio: Return per unit of total volatility	1.36	1.16	+0.20
Sortino ratio: Return per unit of downside risk	1.86	1.52	+0.33
Omega ratio: Gain probability vs. loss probability	1.25	1.23	+0.02
Calmar ratio: Return relative to maximum drawdown	2.21	2.35	-0.14
Martin ratio: Return relative to average drawdown	5.64	8.93	-3.28

DUKX vs. YCS - Sharpe Ratio Comparison

The current DUKX Sharpe Ratio is 1.36, which is comparable to the YCS Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of DUKX 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

DUKX vs. YCS - Drawdown Comparison

The maximum DUKX drawdown since its inception was -19.52%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for DUKX and YCS.

Drawdown Indicators

	DUKX	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-19.52%	-49.56%	+30.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-8.30%	-1.18%
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	-3.70%	-5.68%	+1.98%
Average Drawdown Average peak-to-trough decline	-5.32%	-19.75%	+14.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.71%	2.64%	+1.07%

Volatility

DUKX vs. YCS - Volatility Comparison

Ocean Park International ETF (DUKX) and ProShares UltraShort Yen (YCS) have volatilities of 5.15% and 5.30%, 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.

Volatility by Period

	DUKX	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.15%	5.30%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	13.36%	11.65%	+1.71%
Volatility (1Y) Calculated over the trailing 1-year period	15.41%	16.85%	-1.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.83%	21.16%	-6.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.83%	18.61%	-3.78%

DUKX vs. YCS - Expense Ratio Comparison

DUKX has a 1.03% expense ratio, which is higher than YCS's 1.00% expense ratio.

Dividends

DUKX vs. YCS - Dividend Comparison

DUKX's dividend yield for the trailing twelve months is around 1.94%, while YCS has not paid dividends to shareholders.

Position	TTM	2025	2024
DUKX Ocean Park International ETF	1.94%	2.65%	1.93%
YCS ProShares UltraShort Yen	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DUKX and YCS in my portfolio?

DUKX and YCS have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUKX or YCS?

YCS has higher volatility (5.30%) compared to DUKX (5.15%). In terms of maximum drawdown, DUKX dropped -19.52% vs YCS's -49.56%.

Which ETF is better, DUKX or YCS?

On 1-year performance, YCS leads with 25.05% vs 21.20% for DUKX. On fees, YCS is cheaper at 1.00% per year. On volatility, DUKX has been the lower-risk option at 5.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUKX or YCS?

Over the 1-year period, YCS has performed better with a 25.05% return vs 21.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUKX or YCS?

YCS is cheaper with a 1.00% expense ratio, compared with 1.03% for DUKX.

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

DUKX has the higher dividend yield at 1.94%, compared with 0.00% for YCS.

What is the main difference between DUKX and YCS?

DUKX is categorized as Foreign Large Cap Equities, while YCS is Leveraged Currency. They also come from different issuers: Ocean Park and ProShares. Their fees differ too: 1.03% for DUKX and 1.00% for YCS.

Which has better risk-adjusted returns?

DUKX currently has the higher Sharpe Ratio (1.36 vs 1.16), 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.