PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
DXD vs. SDOW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DXD and SDOW is 1.00, 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. SDOW - Performance Comparison

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

-20.00%-10.00%0.00%10.00%SeptemberOctoberNovemberDecember2025February
-14.29%
-25.00%
DXD
SDOW

Key characteristics

Sharpe Ratio

DXD:

-0.84

SDOW:

-0.88

Sortino Ratio

DXD:

-1.12

SDOW:

-1.20

Omega Ratio

DXD:

0.87

SDOW:

0.86

Calmar Ratio

DXD:

-0.19

SDOW:

-0.30

Martin Ratio

DXD:

-1.31

SDOW:

-1.36

Ulcer Index

DXD:

14.78%

SDOW:

22.41%

Daily Std Dev

DXD:

23.07%

SDOW:

34.60%

Max Drawdown

DXD:

-99.62%

SDOW:

-99.94%

Current Drawdown

DXD:

-99.61%

SDOW:

-99.94%

Returns By Period

In the year-to-date period, DXD achieves a -8.23% return, which is significantly higher than SDOW's -12.53% return. Over the past 10 years, DXD has outperformed SDOW with an annualized return of -23.67%, while SDOW has yielded a comparatively lower -36.59% annualized return.


DXD

YTD

-8.23%

1M

-4.55%

6M

-13.49%

1Y

-20.21%

5Y*

-24.27%

10Y*

-23.67%

SDOW

YTD

-12.53%

1M

-6.99%

6M

-21.12%

1Y

-31.51%

5Y*

-38.73%

10Y*

-36.59%

*Annualized

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. SDOW - Expense Ratio Comparison

Both DXD and SDOW 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 SDOW: 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. SDOW — Risk-Adjusted Performance Rank

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

DXD
The Risk-Adjusted Performance Rank of DXD is 22
Overall Rank
The Sharpe Ratio Rank of DXD is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of DXD is 11
Sortino Ratio Rank
The Omega Ratio Rank of DXD is 11
Omega Ratio Rank
The Calmar Ratio Rank of DXD is 44
Calmar Ratio Rank
The Martin Ratio Rank of DXD is 11
Martin Ratio Rank

SDOW
The Risk-Adjusted Performance Rank of SDOW is 11
Overall Rank
The Sharpe Ratio Rank of SDOW is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of SDOW is 11
Sortino Ratio Rank
The Omega Ratio Rank of SDOW is 11
Omega Ratio Rank
The Calmar Ratio Rank of SDOW is 22
Calmar Ratio Rank
The Martin Ratio Rank of SDOW is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DXD vs. SDOW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Dow30 (DXD) and ProShares UltraPro Short Dow30 (SDOW). 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 -0.84, compared to the broader market0.002.004.00-0.84-0.88
The chart of Sortino ratio for DXD, currently valued at -1.12, compared to the broader market-2.000.002.004.006.008.0010.0012.00-1.12-1.20
The chart of Omega ratio for DXD, currently valued at 0.87, compared to the broader market0.501.001.502.002.503.000.870.86
The chart of Calmar ratio for DXD, currently valued at -0.20, compared to the broader market0.005.0010.0015.00-0.20-0.30
The chart of Martin ratio for DXD, currently valued at -1.31, compared to the broader market0.0020.0040.0060.0080.00100.00-1.31-1.36
DXD
SDOW

The current DXD Sharpe Ratio is -0.84, which is comparable to the SDOW Sharpe Ratio of -0.88. The chart below compares the historical Sharpe Ratios of DXD and SDOW, 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-1.80-1.60-1.40-1.20-1.00-0.80-0.60SeptemberOctoberNovemberDecember2025February
-0.84
-0.88
DXD
SDOW

Dividends

DXD vs. SDOW - Dividend Comparison

DXD's dividend yield for the trailing twelve months is around 6.44%, less than SDOW's 9.49% yield.


TTM20242023202220212020201920182017
DXD
ProShares UltraShort Dow30
6.44%5.91%3.87%0.25%0.00%0.30%1.77%1.16%0.13%
SDOW
ProShares UltraPro Short Dow30
9.49%8.30%5.38%0.36%0.00%0.52%2.17%1.23%0.09%

Drawdowns

DXD vs. SDOW - Drawdown Comparison

The maximum DXD drawdown since its inception was -99.62%, roughly equal to the maximum SDOW drawdown of -99.94%. Use the drawdown chart below to compare losses from any high point for DXD and SDOW. For additional features, visit the drawdowns tool.


-100.00%-99.80%-99.60%-99.40%-99.20%-99.00%-98.80%-98.60%SeptemberOctoberNovemberDecember2025February
-98.89%
-99.94%
DXD
SDOW

Volatility

DXD vs. SDOW - Volatility Comparison

The current volatility for ProShares UltraShort Dow30 (DXD) is 5.32%, while ProShares UltraPro Short Dow30 (SDOW) has a volatility of 7.92%. This indicates that DXD experiences smaller price fluctuations and is considered to be less risky than SDOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%SeptemberOctoberNovemberDecember2025February
5.32%
7.92%
DXD
SDOW
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2025 PortfoliosLab