EZJ vs. IFED
Compare and contrast key facts about ProShares Ultra MSCI Japan (EZJ) and ETRACS IFED Invest with the Fed TR Index ETN (IFED).
EZJ and IFED are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EZJ is a passively managed fund by ProShares that tracks the performance of the MSCI Japan Index (200%). It was launched on Jun 2, 2009. IFED is a passively managed fund by UBS that tracks the performance of the IFED Large-Cap US Equity Index - Benchmark TR Gross. It was launched on Sep 14, 2021. Both EZJ and IFED 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
EZJ vs. IFED - Performance Comparison
Loading graphics...
EZJ vs. IFED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EZJ ProShares Ultra MSCI Japan | 11.08% | 42.72% | 3.31% | 30.78% | -38.23% | -17.28% |
IFED ETRACS IFED Invest with the Fed TR Index ETN | -10.58% | 15.02% | 23.04% | 20.78% | -1.46% | 8.46% |
Returns By Period
In the year-to-date period, EZJ achieves a 11.08% return, which is significantly higher than IFED's -10.58% return.
EZJ
- 1D
- 4.93%
- 1M
- -9.50%
- YTD
- 11.08%
- 6M
- 18.75%
- 1Y
- 56.99%
- 3Y*
- 23.69%
- 5Y*
- 4.55%
- 10Y*
- 10.14%
IFED
- 1D
- 0.13%
- 1M
- -5.40%
- YTD
- -10.58%
- 6M
- -10.82%
- 1Y
- 5.31%
- 3Y*
- 14.88%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EZJ vs. IFED - Expense Ratio Comparison
EZJ has a 0.95% expense ratio, which is higher than IFED's 0.45% expense ratio.
Return for Risk
EZJ vs. IFED — Risk / Return Rank
EZJ
IFED
EZJ vs. IFED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra MSCI Japan (EZJ) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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.
| EZJ | IFED | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 0.28 | +1.00 |
Sortino ratioReturn per unit of downside risk | 1.85 | 0.51 | +1.34 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.07 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.06 | 0.38 | +1.68 |
Martin ratioReturn relative to average drawdown | 7.31 | 1.18 | +6.13 |
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
| EZJ | IFED | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 0.28 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.58 | -0.37 |
Correlation
The correlation between EZJ and IFED is 0.59, 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
EZJ vs. IFED - Dividend Comparison
EZJ's dividend yield for the trailing twelve months is around 1.86%, while IFED has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EZJ ProShares Ultra MSCI Japan | 1.86% | 1.13% | 2.09% | 1.11% | 0.56% | 0.00% | 0.00% | 0.24% | 4.49% |
IFED ETRACS IFED Invest with the Fed TR Index ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EZJ vs. IFED - Drawdown Comparison
The maximum EZJ drawdown since its inception was -58.63%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for EZJ and IFED.
Loading graphics...
Drawdown Indicators
| EZJ | IFED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.63% | -22.36% | -36.27% |
Max Drawdown (1Y)Largest decline over 1 year | -26.78% | -14.65% | -12.13% |
Max Drawdown (5Y)Largest decline over 5 years | -58.63% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -58.63% | — | — |
Current DrawdownCurrent decline from peak | -17.41% | -12.41% | -5.00% |
Average DrawdownAverage peak-to-trough decline | -21.39% | -5.71% | -15.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.53% | 4.70% | +2.83% |
Volatility
EZJ vs. IFED - Volatility Comparison
ProShares Ultra MSCI Japan (EZJ) has a higher volatility of 18.88% compared to ETRACS IFED Invest with the Fed TR Index ETN (IFED) at 4.93%. This indicates that EZJ's price experiences larger fluctuations and is considered to be riskier than IFED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EZJ | IFED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.88% | 4.93% | +13.95% |
Volatility (6M)Calculated over the trailing 6-month period | 31.15% | 10.82% | +20.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.49% | 18.80% | +25.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.39% | 19.71% | +16.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.55% | 19.71% | +14.84% |