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

Correlation

The correlation between DXD and SDOW is -0.92. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


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.

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Key characteristics

Sharpe Ratio

DXD:

-0.33

SDOW:

-0.43

Sortino Ratio

DXD:

-0.32

SDOW:

-0.37

Omega Ratio

DXD:

0.96

SDOW:

0.95

Calmar Ratio

DXD:

-0.13

SDOW:

-0.24

Martin Ratio

DXD:

-0.81

SDOW:

-1.00

Ulcer Index

DXD:

15.88%

SDOW:

24.02%

Daily Std Dev

DXD:

34.16%

SDOW:

51.44%

Max Drawdown

DXD:

-99.62%

SDOW:

-99.94%

Current Drawdown

DXD:

-99.58%

SDOW:

-99.93%

Returns By Period

In the year-to-date period, DXD achieves a -2.93% return, which is significantly higher than SDOW's -7.98% return. Over the past 10 years, DXD has outperformed SDOW with an annualized return of -22.94%, while SDOW has yielded a comparatively lower -35.88% annualized return.


DXD

YTD

-2.93%

1M

-15.82%

6M

1.79%

1Y

-10.84%

5Y*

-23.80%

10Y*

-22.94%

SDOW

YTD

-7.98%

1M

-23.30%

6M

-1.56%

1Y

-21.14%

5Y*

-36.46%

10Y*

-35.88%

*Annualized

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DXD vs. SDOW - Expense Ratio Comparison

Both DXD and SDOW have an expense ratio of 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 77
Overall Rank
The Sharpe Ratio Rank of DXD is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of DXD is 77
Sortino Ratio Rank
The Omega Ratio Rank of DXD is 77
Omega Ratio Rank
The Calmar Ratio Rank of DXD is 1010
Calmar Ratio Rank
The Martin Ratio Rank of DXD is 66
Martin Ratio Rank

SDOW
The Risk-Adjusted Performance Rank of SDOW is 66
Overall Rank
The Sharpe Ratio Rank of SDOW is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of SDOW is 66
Sortino Ratio Rank
The Omega Ratio Rank of SDOW is 66
Omega Ratio Rank
The Calmar Ratio Rank of SDOW is 66
Calmar Ratio Rank
The Martin Ratio Rank of SDOW is 44
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.


The current DXD Sharpe Ratio is -0.33, which is comparable to the SDOW Sharpe Ratio of -0.43. 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.


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Dividends

DXD vs. SDOW - Dividend Comparison

DXD's dividend yield for the trailing twelve months is around 6.06%, less than SDOW's 8.28% yield.


TTM20242023202220212020201920182017
DXD
ProShares UltraShort Dow30
6.06%5.91%3.87%0.25%0.00%0.30%1.77%1.16%0.13%
SDOW
ProShares UltraPro Short Dow30
8.28%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.


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Volatility

DXD vs. SDOW - Volatility Comparison

The current volatility for ProShares UltraShort Dow30 (DXD) is 11.20%, while ProShares UltraPro Short Dow30 (SDOW) has a volatility of 16.86%. 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.


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