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FFLG vs. UPRO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FFLGUPRO
YTD Return15.72%26.48%
1Y Return46.26%79.48%
3Y Return (Ann)5.40%10.58%
Sharpe Ratio2.612.35
Daily Std Dev18.16%34.45%
Max Drawdown-45.35%-76.82%
Current Drawdown-2.79%-9.59%

Correlation

-0.50.00.51.00.9

The correlation between FFLG and UPRO is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

FFLG vs. UPRO - Performance Comparison

In the year-to-date period, FFLG achieves a 15.72% return, which is significantly lower than UPRO's 26.48% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%80.00%December2024FebruaryMarchAprilMay
7.28%
67.54%
FFLG
UPRO

Compare stocks, funds, or ETFs

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


Fidelity Fundamental Large Cap Growth ETF

ProShares UltraPro S&P 500

FFLG vs. UPRO - Expense Ratio Comparison

FFLG has a 0.38% expense ratio, which is lower than UPRO's 0.92% expense ratio.


UPRO
ProShares UltraPro S&P 500
Expense ratio chart for UPRO: current value at 0.92% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.92%
Expense ratio chart for FFLG: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%

Risk-Adjusted Performance

FFLG vs. UPRO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Growth ETF (FFLG) and ProShares UltraPro S&P 500 (UPRO). 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.


FFLG
Sharpe ratio
The chart of Sharpe ratio for FFLG, currently valued at 2.61, compared to the broader market0.002.004.002.61
Sortino ratio
The chart of Sortino ratio for FFLG, currently valued at 3.51, compared to the broader market-2.000.002.004.006.008.0010.003.51
Omega ratio
The chart of Omega ratio for FFLG, currently valued at 1.44, compared to the broader market0.501.001.502.002.501.44
Calmar ratio
The chart of Calmar ratio for FFLG, currently valued at 1.41, compared to the broader market0.002.004.006.008.0010.0012.0014.001.41
Martin ratio
The chart of Martin ratio for FFLG, currently valued at 11.45, compared to the broader market0.0020.0040.0060.0080.0011.45
UPRO
Sharpe ratio
The chart of Sharpe ratio for UPRO, currently valued at 2.35, compared to the broader market0.002.004.002.35
Sortino ratio
The chart of Sortino ratio for UPRO, currently valued at 2.91, compared to the broader market-2.000.002.004.006.008.0010.002.91
Omega ratio
The chart of Omega ratio for UPRO, currently valued at 1.35, compared to the broader market0.501.001.502.002.501.35
Calmar ratio
The chart of Calmar ratio for UPRO, currently valued at 1.53, compared to the broader market0.002.004.006.008.0010.0012.0014.001.53
Martin ratio
The chart of Martin ratio for UPRO, currently valued at 8.41, compared to the broader market0.0020.0040.0060.0080.008.41

FFLG vs. UPRO - Sharpe Ratio Comparison

The current FFLG Sharpe Ratio is 2.61, which roughly equals the UPRO Sharpe Ratio of 2.35. The chart below compares the 12-month rolling Sharpe Ratio of FFLG and UPRO.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00December2024FebruaryMarchAprilMay
2.61
2.35
FFLG
UPRO

Dividends

FFLG vs. UPRO - Dividend Comparison

FFLG has not paid dividends to shareholders, while UPRO's dividend yield for the trailing twelve months is around 0.64%.


TTM20232022202120202019201820172016201520142013
FFLG
Fidelity Fundamental Large Cap Growth ETF
0.00%0.00%1.50%0.54%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
UPRO
ProShares UltraPro S&P 500
0.64%0.74%0.52%0.06%0.11%0.53%0.63%0.00%0.12%0.34%0.22%0.07%

Drawdowns

FFLG vs. UPRO - Drawdown Comparison

The maximum FFLG drawdown since its inception was -45.35%, smaller than the maximum UPRO drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for FFLG and UPRO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%December2024FebruaryMarchAprilMay
-2.79%
-9.59%
FFLG
UPRO

Volatility

FFLG vs. UPRO - Volatility Comparison

The current volatility for Fidelity Fundamental Large Cap Growth ETF (FFLG) is 6.04%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 10.08%. This indicates that FFLG experiences smaller price fluctuations and is considered to be less risky than UPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2024FebruaryMarchAprilMay
6.04%
10.08%
FFLG
UPRO