ETHT vs. SSO
Compare and contrast key facts about ProShares Ultra Ether ETF (ETHT) and ProShares Ultra S&P500 (SSO).
ETHT and SSO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETHT is a passively managed fund by ProShares that tracks the performance of the Bloomberg Ethereum Index (200%). It was launched on Jun 6, 2024. SSO is a passively managed fund by ProShares that tracks the performance of the S&P 500. It was launched on Jun 19, 2006. Both ETHT and SSO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ETHT vs. SSO - Performance Comparison
Loading graphics...
ETHT vs. SSO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ETHT ProShares Ultra Ether ETF | -60.06% | -64.86% | -41.68% |
SSO ProShares Ultra S&P500 | -10.23% | 26.19% | 17.12% |
Returns By Period
In the year-to-date period, ETHT achieves a -60.06% return, which is significantly lower than SSO's -10.23% return.
ETHT
- 1D
- 7.31%
- 1M
- 12.62%
- YTD
- -60.06%
- 6M
- -83.27%
- 1Y
- -39.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SSO
- 1D
- 5.75%
- 1M
- -10.37%
- YTD
- -10.23%
- 6M
- -7.08%
- 1Y
- 26.35%
- 3Y*
- 28.27%
- 5Y*
- 15.34%
- 10Y*
- 21.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETHT vs. SSO - Expense Ratio Comparison
ETHT has a 0.94% expense ratio, which is higher than SSO's 0.87% expense ratio.
Return for Risk
ETHT vs. SSO — Risk / Return Rank
ETHT
SSO
ETHT vs. SSO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Ether ETF (ETHT) and ProShares Ultra S&P500 (SSO). 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.
| ETHT | SSO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.26 | 0.73 | -0.99 |
Sortino ratioReturn per unit of downside risk | 0.63 | 1.23 | -0.60 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.19 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | -0.47 | 1.20 | -1.68 |
Martin ratioReturn relative to average drawdown | -0.83 | 5.18 | -6.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ETHT | SSO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.26 | 0.73 | -0.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.46 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.51 | 0.38 | -0.89 |
Correlation
The correlation between ETHT and SSO is 0.49, 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.
Dividends
ETHT vs. SSO - Dividend Comparison
ETHT's dividend yield for the trailing twelve months is around 11.73%, more than SSO's 0.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETHT ProShares Ultra Ether ETF | 11.73% | 4.57% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SSO ProShares Ultra S&P500 | 0.82% | 0.68% | 0.85% | 0.18% | 0.50% | 0.18% | 0.20% | 0.50% | 0.75% | 0.39% | 0.51% | 0.63% |
Drawdowns
ETHT vs. SSO - Drawdown Comparison
The maximum ETHT drawdown since its inception was -93.10%, which is greater than SSO's maximum drawdown of -84.67%. Use the drawdown chart below to compare losses from any high point for ETHT and SSO.
Loading graphics...
Drawdown Indicators
| ETHT | SSO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.10% | -84.67% | -8.43% |
Max Drawdown (1Y)Largest decline over 1 year | -90.13% | -23.17% | -66.96% |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.34% | — |
Current DrawdownCurrent decline from peak | -91.81% | -13.46% | -78.35% |
Average DrawdownAverage peak-to-trough decline | -62.26% | -19.72% | -42.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.51% | 5.38% | +46.13% |
Volatility
ETHT vs. SSO - Volatility Comparison
ProShares Ultra Ether ETF (ETHT) has a higher volatility of 37.83% compared to ProShares Ultra S&P500 (SSO) at 10.60%. This indicates that ETHT's price experiences larger fluctuations and is considered to be riskier than SSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ETHT | SSO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.83% | 10.60% | +27.23% |
Volatility (6M)Calculated over the trailing 6-month period | 107.97% | 18.95% | +89.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 151.62% | 36.45% | +115.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 147.59% | 33.66% | +113.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 147.59% | 35.86% | +111.73% |