EETH vs. USD
Compare and contrast key facts about ProShares Ether Strategy ETF (EETH) and ProShares Ultra Semiconductors (USD).
EETH and USD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EETH is an actively managed fund by ProShares. It was launched on Oct 2, 2023. USD is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (200%). It was launched on Jan 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EETH or USD.
Key characteristics
| EETH | USD | |
|---|---|---|
| YTD Return | 28.91% | 155.35% |
| 1Y Return | 47.56% | 201.08% |
| Sharpe Ratio | 0.60 | 2.76 |
| Sortino Ratio | 1.25 | 2.81 |
| Omega Ratio | 1.15 | 1.37 |
| Calmar Ratio | 0.83 | 4.58 |
| Martin Ratio | 1.60 | 12.15 |
| Ulcer Index | 24.54% | 18.03% |
| Daily Std Dev | 66.01% | 79.35% |
| Max Drawdown | -47.15% | -88.60% |
| Current Drawdown | -25.02% | -15.57% |
Correlation
The correlation between EETH and USD is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EETH vs. USD - Performance Comparison
In the year-to-date period, EETH achieves a 28.91% return, which is significantly lower than USD's 155.35% 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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EETH vs. USD - Expense Ratio Comparison
Both EETH and USD have an expense ratio of 0.95%.
Risk-Adjusted Performance
EETH vs. USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ether Strategy ETF (EETH) and ProShares Ultra Semiconductors (USD). 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
EETH vs. USD - Dividend Comparison
EETH's dividend yield for the trailing twelve months is around 11.17%, more than USD's 0.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EETH ProShares Ether Strategy ETF | 11.17% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USD ProShares Ultra Semiconductors | 0.04% | 0.10% | 0.30% | 0.00% | 0.21% | 1.29% | 1.54% | 0.32% | 7.33% | 0.39% | 3.60% | 0.76% |
Drawdowns
EETH vs. USD - Drawdown Comparison
The maximum EETH drawdown since its inception was -47.15%, smaller than the maximum USD drawdown of -88.60%. Use the drawdown chart below to compare losses from any high point for EETH and USD. For additional features, visit the drawdowns tool.
Volatility
EETH vs. USD - Volatility Comparison
ProShares Ether Strategy ETF (EETH) has a higher volatility of 22.44% compared to ProShares Ultra Semiconductors (USD) at 17.76%. This indicates that EETH's price experiences larger fluctuations and is considered to be riskier than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.