EELV vs. UPRO
Compare and contrast key facts about Invesco S&P Emerging Markets Low Volatility ETF (EELV) and ProShares UltraPro S&P 500 (UPRO).
EELV and UPRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EELV is a passively managed fund by Invesco that tracks the performance of the S&P BMI Emerging Markets Low Volatility Index. It was launched on Jan 13, 2012. UPRO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (300%). It was launched on Jun 23, 2009. Both EELV and UPRO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EELV or UPRO.
Key characteristics
| EELV | UPRO | |
|---|---|---|
| YTD Return | 7.20% | 70.21% |
| 1Y Return | 13.70% | 116.80% |
| 3Y Return (Ann) | 4.10% | 8.72% |
| 5Y Return (Ann) | 4.98% | 25.33% |
| 10Y Return (Ann) | 2.86% | 24.73% |
| Sharpe Ratio | 1.25 | 3.22 |
| Sortino Ratio | 1.85 | 3.50 |
| Omega Ratio | 1.23 | 1.48 |
| Calmar Ratio | 1.60 | 2.63 |
| Martin Ratio | 6.35 | 19.65 |
| Ulcer Index | 2.11% | 6.04% |
| Daily Std Dev | 10.69% | 36.79% |
| Max Drawdown | -36.35% | -76.82% |
| Current Drawdown | -4.98% | 0.00% |
Correlation
The correlation between EELV and UPRO is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EELV vs. UPRO - Performance Comparison
In the year-to-date period, EELV achieves a 7.20% return, which is significantly lower than UPRO's 70.21% return. Over the past 10 years, EELV has underperformed UPRO with an annualized return of 2.86%, while UPRO has yielded a comparatively higher 24.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EELV vs. UPRO - Expense Ratio Comparison
EELV has a 0.30% expense ratio, which is lower than UPRO's 0.92% expense ratio.
Risk-Adjusted Performance
EELV vs. UPRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Emerging Markets Low Volatility ETF (EELV) and ProShares UltraPro S&P 500 (UPRO). 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.
Dividends
EELV vs. UPRO - Dividend Comparison
EELV's dividend yield for the trailing twelve months is around 4.21%, more than UPRO's 0.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EELV Invesco S&P Emerging Markets Low Volatility ETF | 4.21% | 4.00% | 3.46% | 4.34% | 2.82% | 3.14% | 5.50% | 2.91% | 2.30% | 2.53% | 3.25% | 2.10% |
UPRO ProShares UltraPro S&P 500 | 0.74% | 0.74% | 0.52% | 0.06% | 0.11% | 0.53% | 0.63% | 0.00% | 0.12% | 0.34% | 0.22% | 0.07% |
Drawdowns
EELV vs. UPRO - Drawdown Comparison
The maximum EELV drawdown since its inception was -36.35%, smaller than the maximum UPRO drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for EELV and UPRO. For additional features, visit the drawdowns tool.
Volatility
EELV vs. UPRO - Volatility Comparison
The current volatility for Invesco S&P Emerging Markets Low Volatility ETF (EELV) is 2.55%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 11.80%. This indicates that EELV experiences smaller price fluctuations and is considered to be less risky than UPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.