EDGH vs. YCS

Last updated Jun 4, 2026

EDGH (3EDGE Dynamic Hard Assets ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - EDGH is a Commodities fund actively managed by 3EDGE Asset Management, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). EDGH is actively managed, while YCS is passively managed. Over the past year, EDGH returned 31.24% vs 32.82% for YCS. At a correlation of -0.20, they often move in opposite directions. EDGH charges 1.01%/yr vs 1.00%/yr for YCS.

Performance

EDGH vs. YCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 3EDGE Dynamic Hard Assets ETF (EDGH) 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, EDGH achieves a 12.49% return, which is significantly higher than YCS's 7.17% return.

EDGH

• 1D: -0.45%
• 1M: -1.84%
• YTD: 12.49%
• 6M: 14.30%
• 1Y: 31.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YCS

• 1D: 0.17%
• 1M: 4.42%
• YTD: 7.17%
• 6M: 10.05%
• 1Y: 32.82%
• 3Y*: 19.84%
• 5Y*: 23.54%
• 10Y*: 12.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EDGH vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EDGH 3EDGE Dynamic Hard Assets ETF	12.49%	28.98%	-1.99%
YCS ProShares UltraShort Yen	7.17%	9.04%	14.81%

Correlation

The correlation between EDGH and YCS is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (All Time) Calculated using the full available price history since Oct 4, 2024	-0.20

Return for Risk

EDGH vs. YCS — Risk / Return Rank

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

EDGH

EDGH Risk / Return Rank: 54
EDGH Sharpe Ratio Rank: 52
EDGH Sortino Ratio Rank: 43
EDGH Omega Ratio Rank: 60
EDGH Calmar Ratio Rank: 60
EDGH Martin Ratio Rank: 57

YCS

YCS Risk / Return Rank: 61
YCS Sharpe Ratio Rank: 56
YCS Sortino Ratio Rank: 49
YCS Omega Ratio Rank: 56
YCS Calmar Ratio Rank: 78
YCS Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDGH vs. YCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 3EDGE Dynamic Hard Assets ETF (EDGH) 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.

	EDGH	YCS	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.92	-0.15
Sortino ratio: Return per unit of downside risk	2.15	2.44	-0.29
Omega ratio: Gain probability vs. loss probability	1.36	1.35	+0.01
Calmar ratio: Return relative to maximum drawdown	2.96	3.97	-1.01
Martin ratio: Return relative to average drawdown	9.70	12.40	-2.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDGH vs. YCS - Sharpe Ratio Comparison

The current EDGH Sharpe Ratio is 1.77, which is comparable to the YCS Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of EDGH 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.

Sharpe Ratios by Period

	EDGH	YCS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	1.92	-0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.12	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.53	0.33	+1.20

Drawdowns

EDGH vs. YCS - Drawdown Comparison

The maximum EDGH drawdown since its inception was -10.60%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for EDGH and YCS.

Drawdown Indicators

	EDGH	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-10.60%	-49.56%	+38.96%
Max Drawdown (1Y) Largest decline over 1 year	-10.60%	-8.30%	-2.30%
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	-4.80%	0.00%	-4.80%
Average Drawdown Average peak-to-trough decline	-2.04%	-19.93%	+17.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	2.66%	+0.57%

Volatility

EDGH vs. YCS - Volatility Comparison

3EDGE Dynamic Hard Assets ETF (EDGH) has a higher volatility of 3.01% compared to ProShares UltraShort Yen (YCS) at 2.75%. This indicates that EDGH's price experiences larger fluctuations and is considered to be riskier than YCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDGH	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	2.75%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	14.72%	12.32%	+2.40%
Volatility (1Y) Calculated over the trailing 1-year period	17.72%	17.27%	+0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.60%	21.10%	-5.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.60%	19.01%	-3.41%

EDGH vs. YCS - Expense Ratio Comparison

EDGH has a 1.01% expense ratio, which is higher than YCS's 1.00% expense ratio.

Dividends

EDGH vs. YCS - Dividend Comparison

EDGH's dividend yield for the trailing twelve months is around 1.05%, while YCS has not paid dividends to shareholders.

Position	TTM	2025	2024
EDGH 3EDGE Dynamic Hard Assets ETF	1.05%	1.18%	3.19%
YCS ProShares UltraShort Yen	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EDGH and YCS in my portfolio?

EDGH and YCS have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EDGH or YCS?

EDGH has higher volatility (3.01%) compared to YCS (2.75%). In terms of maximum drawdown, EDGH dropped -10.60% vs YCS's -49.56%.

Which ETF is better, EDGH or YCS?

On 1-year performance, YCS leads with 32.82% vs 31.24% for EDGH. On fees, YCS is cheaper at 1.00% per year. On volatility, YCS has been the lower-risk option at 2.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EDGH or YCS?

Over the 1-year period, YCS has performed better with a 32.82% return vs 31.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EDGH or YCS?

YCS is cheaper with a 1.00% expense ratio, compared with 1.01% for EDGH.

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

EDGH has the higher dividend yield at 1.05%, compared with 0.00% for YCS.

What is the main difference between EDGH and YCS?

EDGH is categorized as Commodities, while YCS is Leveraged Currency. They also come from different issuers: 3EDGE Asset Management and ProShares. Their fees differ too: 1.01% for EDGH and 1.00% for YCS.

Which has better risk-adjusted returns?

YCS currently has the higher Sharpe Ratio (1.92 vs 1.77), 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.