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EQRR vs. SWPPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EQRR and SWPPX is 0.56, 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.


-0.50.00.51.00.6

Performance

EQRR vs. SWPPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Equities for Rising Rates ETF (EQRR) and Schwab S&P 500 Index Fund (SWPPX). The values are adjusted to include any dividend payments, if applicable.

60.00%80.00%100.00%120.00%140.00%160.00%180.00%JulyAugustSeptemberOctoberNovemberDecember
64.47%
168.01%
EQRR
SWPPX

Key characteristics

Sharpe Ratio

EQRR:

0.53

SWPPX:

2.10

Sortino Ratio

EQRR:

0.84

SWPPX:

2.80

Omega Ratio

EQRR:

1.10

SWPPX:

1.39

Calmar Ratio

EQRR:

0.67

SWPPX:

3.12

Martin Ratio

EQRR:

1.56

SWPPX:

13.52

Ulcer Index

EQRR:

4.63%

SWPPX:

1.95%

Daily Std Dev

EQRR:

13.62%

SWPPX:

12.59%

Max Drawdown

EQRR:

-57.92%

SWPPX:

-55.06%

Current Drawdown

EQRR:

-9.51%

SWPPX:

-3.72%

Returns By Period

In the year-to-date period, EQRR achieves a 7.07% return, which is significantly lower than SWPPX's 24.49% return.


EQRR

YTD

7.07%

1M

-7.80%

6M

-2.05%

1Y

7.04%

5Y*

8.25%

10Y*

N/A

SWPPX

YTD

24.49%

1M

-1.37%

6M

7.94%

1Y

24.91%

5Y*

14.50%

10Y*

12.92%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


EQRR vs. SWPPX - Expense Ratio Comparison

EQRR has a 0.35% expense ratio, which is higher than SWPPX's 0.02% expense ratio.


EQRR
ProShares Equities for Rising Rates ETF
Expense ratio chart for EQRR: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for SWPPX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

EQRR vs. SWPPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Equities for Rising Rates ETF (EQRR) and Schwab S&P 500 Index Fund (SWPPX). 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 EQRR, currently valued at 0.61, compared to the broader market0.002.004.000.612.10
The chart of Sortino ratio for EQRR, currently valued at 0.96, compared to the broader market-2.000.002.004.006.008.0010.000.962.80
The chart of Omega ratio for EQRR, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.121.39
The chart of Calmar ratio for EQRR, currently valued at 0.77, compared to the broader market0.005.0010.0015.000.773.12
The chart of Martin ratio for EQRR, currently valued at 1.79, compared to the broader market0.0020.0040.0060.0080.00100.001.7913.52
EQRR
SWPPX

The current EQRR Sharpe Ratio is 0.53, which is lower than the SWPPX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of EQRR and SWPPX, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.61
2.10
EQRR
SWPPX

Dividends

EQRR vs. SWPPX - Dividend Comparison

EQRR's dividend yield for the trailing twelve months is around 1.63%, while SWPPX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
EQRR
ProShares Equities for Rising Rates ETF
1.63%2.76%2.34%1.71%2.17%2.05%2.47%0.69%0.00%0.00%0.00%0.00%
SWPPX
Schwab S&P 500 Index Fund
0.00%1.43%1.67%1.17%1.81%1.77%2.20%1.75%1.99%2.15%1.80%1.67%

Drawdowns

EQRR vs. SWPPX - Drawdown Comparison

The maximum EQRR drawdown since its inception was -57.92%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for EQRR and SWPPX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.51%
-3.72%
EQRR
SWPPX

Volatility

EQRR vs. SWPPX - Volatility Comparison

The current volatility for ProShares Equities for Rising Rates ETF (EQRR) is 3.70%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.97%. This indicates that EQRR experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.70%
3.97%
EQRR
SWPPX
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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.

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