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DXD vs. DOG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DXD and DOG is 0.99, 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

DXD vs. DOG - Performance Comparison

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

-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%-88.00%-86.00%JulyAugustSeptemberOctoberNovemberDecember
-99.25%
-87.30%
DXD
DOG

Key characteristics

Sharpe Ratio

DXD:

-0.74

DOG:

-0.54

Sortino Ratio

DXD:

-0.97

DOG:

-0.70

Omega Ratio

DXD:

0.89

DOG:

0.92

Calmar Ratio

DXD:

-0.17

DOG:

-0.07

Martin Ratio

DXD:

-1.29

DOG:

-1.05

Ulcer Index

DXD:

12.98%

DOG:

5.75%

Daily Std Dev

DXD:

22.53%

DOG:

11.24%

Max Drawdown

DXD:

-99.62%

DOG:

-92.08%

Current Drawdown

DXD:

-99.57%

DOG:

-91.56%

Returns By Period

In the year-to-date period, DXD achieves a -15.35% return, which is significantly lower than DOG's -5.36% return. Over the past 10 years, DXD has underperformed DOG with an annualized return of -23.37%, while DOG has yielded a comparatively higher -10.69% annualized return.


DXD

YTD

-15.35%

1M

5.57%

6M

-13.12%

1Y

-15.69%

5Y*

-23.45%

10Y*

-23.37%

DOG

YTD

-5.36%

1M

2.89%

6M

-5.50%

1Y

-5.46%

5Y*

-9.85%

10Y*

-10.69%

Compare stocks, funds, or ETFs

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


DXD vs. DOG - Expense Ratio Comparison

Both DXD and DOG have an expense ratio of 0.95%.


DXD
ProShares UltraShort Dow30
Expense ratio chart for DXD: 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 DOG: 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%

Risk-Adjusted Performance

DXD vs. DOG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Dow30 (DXD) and ProShares Short Dow30 (DOG). 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 DXD, currently valued at -0.74, compared to the broader market0.002.004.00-0.74-0.54
The chart of Sortino ratio for DXD, currently valued at -0.97, compared to the broader market-2.000.002.004.006.008.0010.00-0.97-0.70
The chart of Omega ratio for DXD, currently valued at 0.89, compared to the broader market0.501.001.502.002.503.000.890.92
The chart of Calmar ratio for DXD, currently valued at -0.17, compared to the broader market0.005.0010.0015.00-0.17-0.07
The chart of Martin ratio for DXD, currently valued at -1.29, compared to the broader market0.0020.0040.0060.0080.00100.00-1.29-1.05
DXD
DOG

The current DXD Sharpe Ratio is -0.74, which is lower than the DOG Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of DXD and DOG, 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 Ratio-1.50-1.00-0.50JulyAugustSeptemberOctoberNovemberDecember
-0.74
-0.54
DXD
DOG

Dividends

DXD vs. DOG - Dividend Comparison

DXD's dividend yield for the trailing twelve months is around 5.46%, less than DOG's 5.52% yield.


TTM2023202220212020201920182017
DXD
ProShares UltraShort Dow30
5.46%3.87%0.25%0.00%0.30%1.77%1.16%0.13%
DOG
ProShares Short Dow30
5.52%4.54%0.41%0.00%0.14%1.54%0.86%0.03%

Drawdowns

DXD vs. DOG - Drawdown Comparison

The maximum DXD drawdown since its inception was -99.62%, which is greater than DOG's maximum drawdown of -92.08%. Use the drawdown chart below to compare losses from any high point for DXD and DOG. For additional features, visit the drawdowns tool.


-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%JulyAugustSeptemberOctoberNovemberDecember
-99.57%
-91.56%
DXD
DOG

Volatility

DXD vs. DOG - Volatility Comparison

ProShares UltraShort Dow30 (DXD) has a higher volatility of 7.12% compared to ProShares Short Dow30 (DOG) at 3.55%. This indicates that DXD's price experiences larger fluctuations and is considered to be riskier than DOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
7.12%
3.55%
DXD
DOG
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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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