EZJ vs. ^N225
Compare and contrast key facts about ProShares Ultra MSCI Japan (EZJ) and Nikkei 225 (^N225).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EZJ or ^N225.
Correlation
The correlation between EZJ and ^N225 is 0.32, 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
EZJ vs. ^N225 - Performance Comparison
Key characteristics
EZJ:
0.21
^N225:
0.68
EZJ:
0.52
^N225:
1.04
EZJ:
1.06
^N225:
1.17
EZJ:
0.19
^N225:
0.69
EZJ:
0.74
^N225:
2.46
EZJ:
9.94%
^N225:
7.14%
EZJ:
35.69%
^N225:
25.92%
EZJ:
-58.63%
^N225:
-81.87%
EZJ:
-32.83%
^N225:
-8.34%
Returns By Period
In the year-to-date period, EZJ achieves a 0.52% return, which is significantly lower than ^N225's 15.65% return. Over the past 10 years, EZJ has underperformed ^N225 with an annualized return of 4.23%, while ^N225 has yielded a comparatively higher 8.31% annualized return.
EZJ
0.52%
-0.88%
-1.97%
3.52%
-0.98%
4.23%
^N225
15.65%
0.91%
0.27%
16.78%
10.45%
8.31%
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Risk-Adjusted Performance
EZJ vs. ^N225 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra MSCI Japan (EZJ) and Nikkei 225 (^N225). 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.
Drawdowns
EZJ vs. ^N225 - Drawdown Comparison
The maximum EZJ drawdown since its inception was -58.63%, smaller than the maximum ^N225 drawdown of -81.87%. Use the drawdown chart below to compare losses from any high point for EZJ and ^N225. For additional features, visit the drawdowns tool.
Volatility
EZJ vs. ^N225 - Volatility Comparison
ProShares Ultra MSCI Japan (EZJ) has a higher volatility of 9.77% compared to Nikkei 225 (^N225) at 5.66%. This indicates that EZJ's price experiences larger fluctuations and is considered to be riskier than ^N225 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.