DXD vs. BRKW

Last updated Aug 5, 2026

DXD (ProShares UltraShort Dow30) and BRKW (Roundhill BRKB WeeklyPay ETF) are both exchange-traded funds - DXD is a Leveraged Equities fund tracking the Dow Jones Industrial Average Index (-200%), while BRKW is a Derivative Income fund actively managed by Roundhill. DXD is passively managed, while BRKW is actively managed. Over the past year, DXD returned -31.35% vs 11.04% for BRKW. Their -0.31 correlation means they have often moved in opposite directions in the past. DXD charges 0.95%/yr vs 0.99%/yr for BRKW.

Performance

DXD vs. BRKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Dow30 (DXD) and Roundhill BRKB WeeklyPay ETF (BRKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXD achieves a -20.27% return, which is significantly lower than BRKW's 1.28% return.

DXD

• 1D: -3.36%
• 1M: -4.22%
• 6M: -16.65%
• YTD: -20.27%
• 1Y: -31.35%
• 3Y*: -22.34%
• 5Y*: -16.28%
• 10Y*: -24.85%
• ALL TIME*: -23.41%

BRKW

• 1D: 1.11%
• 1M: 2.06%
• 6M: 3.80%
• YTD: 1.28%
• 1Y: 11.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.79%

*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)
BRKW Roundhill BRKB WeeklyPay ETF	$144.38K	$152.11K	$127.71K
DXD ProShares UltraShort Dow30	$12.93M	$11.34M	$30.23M

DXD vs. BRKW - Yearly Performance Comparison

	2026 (YTD)	2025
DXD ProShares UltraShort Dow30	-20.27%	-20.60%
BRKW Roundhill BRKB WeeklyPay ETF	1.28%	1.85%

Correlation

The correlation between DXD and BRKW is -0.28, 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.	-0.28
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	-0.31

DXD vs. BRKW - Sectors Allocation Comparison

Sectors	DXD	BRKW
Financial Services	89.5%	2.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

DXD vs. BRKW — Risk / Return Rank

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

DXD

DXD Risk / Return Rank: 1
DXD Sharpe Ratio Rank: 0
DXD Sortino Ratio Rank: 1
DXD Omega Ratio Rank: 1
DXD Calmar Ratio Rank: 0
DXD Martin Ratio Rank: 0

BRKW

BRKW Risk / Return Rank: 24
BRKW Sharpe Ratio Rank: 25
BRKW Sortino Ratio Rank: 25
BRKW Omega Ratio Rank: 24
BRKW Calmar Ratio Rank: 25
BRKW Martin Ratio Rank: 22

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.

DXD vs. BRKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Dow30 (DXD) and Roundhill BRKB WeeklyPay ETF (BRKW). 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.

	DXD	BRKW	Difference
Sharpe ratio: Return per unit of total volatility	-1.25	0.64	-1.89
Sortino ratio: Return per unit of downside risk	-1.82	1.01	-2.83
Omega ratio: Gain probability vs. loss probability	0.80	1.12	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.98	0.88	-1.86
Martin ratio: Return relative to average drawdown	-1.83	1.73	-3.56

DXD vs. BRKW - Sharpe Ratio Comparison

The current DXD Sharpe Ratio is -1.25, which is lower than the BRKW Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of DXD and BRKW, 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

DXD vs. BRKW - Drawdown Comparison

The maximum DXD drawdown since its inception was -99.73%, which is greater than BRKW's maximum drawdown of -12.64%. Use the drawdown chart below to compare losses from any high point for DXD and BRKW.

Drawdown Indicators

	DXD	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	-99.73%	-12.64%	-87.09%
Max Drawdown (1Y) Largest decline over 1 year	-32.02%	-12.64%	-19.38%
Max Drawdown (3Y) Largest decline over 3 years	-60.60%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-68.37%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-94.55%	—	—
Current Drawdown Current decline from peak	-99.73%	-1.95%	-97.78%
Average Drawdown Average peak-to-trough decline	-82.43%	-5.50%	-76.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.15%	6.40%	+10.75%

Volatility

DXD vs. BRKW - Volatility Comparison

ProShares UltraShort Dow30 (DXD) has a higher volatility of 8.39% compared to Roundhill BRKB WeeklyPay ETF (BRKW) at 5.20%. This indicates that DXD's price experiences larger fluctuations and is considered to be riskier than BRKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXD	BRKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.39%	5.20%	+3.19%
Volatility (6M) Calculated over the trailing 6-month period	20.20%	13.25%	+6.95%
Volatility (1Y) Calculated over the trailing 1-year period	25.32%	17.58%	+7.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.65%	17.30%	+12.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.94%	17.30%	+17.64%

DXD vs. BRKW - Expense Ratio Comparison

DXD has a 0.95% expense ratio, which is lower than BRKW's 0.99% expense ratio.

Dividends

DXD vs. BRKW - Dividend Comparison

DXD's dividend yield for the trailing twelve months is around 4.27%, less than BRKW's 22.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRKW Roundhill BRKB WeeklyPay ETF	22.43%	14.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DXD ProShares UltraShort Dow30	4.27%	4.25%	5.91%	3.87%	0.25%	0.00%	0.31%	1.76%	1.15%	0.12%

Frequently Asked Questions

Can I hold both DXD and BRKW in my portfolio?

DXD and BRKW 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 is riskier, DXD or BRKW?

DXD has higher volatility (8.39%) compared to BRKW (5.20%). In terms of maximum drawdown, DXD dropped -99.73% vs BRKW's -12.64%.

Which ETF is better, DXD or BRKW?

On 1-year performance, BRKW leads with 11.04% vs -31.35% for DXD. On fees, DXD is cheaper at 0.95% per year. On volatility, BRKW has been the lower-risk option at 5.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DXD or BRKW?

Over the 1-year period, BRKW has performed better with a 11.04% return vs -31.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DXD or BRKW?

DXD is cheaper with a 0.95% expense ratio, compared with 0.99% for BRKW.

Which ETF pays a higher dividend yield, DXD or BRKW?

BRKW has the higher dividend yield at 22.43%, compared with 4.27% for DXD.

What is the main difference between DXD and BRKW?

DXD is categorized as Leveraged Equities, while BRKW is Derivative Income. They also come from different issuers: ProShares and Roundhill. Their fees differ too: 0.95% for DXD and 0.99% for BRKW.

Which has better risk-adjusted returns?

BRKW currently has the higher Sharpe Ratio (0.64 vs -1.25), 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.