GOAU vs. UPRO
Compare and contrast key facts about US Global GO GOLD and Precious Metal Miners ETF (GOAU) and ProShares UltraPro S&P 500 (UPRO).
GOAU and UPRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOAU is a passively managed fund by US Global Investors that tracks the performance of the U.S. Global GO GOLD and Precious Metal Miners Index. It was launched on Jun 27, 2017. UPRO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (300%). It was launched on Jun 23, 2009. Both GOAU and UPRO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOAU or UPRO.
Key characteristics
| GOAU | UPRO | |
|---|---|---|
| YTD Return | 30.83% | 74.04% |
| 1Y Return | 47.22% | 121.17% |
| 3Y Return (Ann) | 7.20% | 9.43% |
| 5Y Return (Ann) | 8.80% | 25.86% |
| Sharpe Ratio | 1.43 | 3.30 |
| Sortino Ratio | 2.02 | 3.56 |
| Omega Ratio | 1.24 | 1.49 |
| Calmar Ratio | 1.02 | 2.70 |
| Martin Ratio | 6.40 | 20.16 |
| Ulcer Index | 6.89% | 6.04% |
| Daily Std Dev | 30.82% | 36.84% |
| Max Drawdown | -55.41% | -76.82% |
| Current Drawdown | -10.85% | 0.00% |
Correlation
The correlation between GOAU and UPRO is 0.24, 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
GOAU vs. UPRO - Performance Comparison
In the year-to-date period, GOAU achieves a 30.83% return, which is significantly lower than UPRO's 74.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GOAU vs. UPRO - Expense Ratio Comparison
GOAU has a 0.60% expense ratio, which is lower than UPRO's 0.92% expense ratio.
Risk-Adjusted Performance
GOAU vs. UPRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Global GO GOLD and Precious Metal Miners ETF (GOAU) 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.
Dividends
GOAU vs. UPRO - Dividend Comparison
GOAU's dividend yield for the trailing twelve months is around 0.76%, more than UPRO's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOAU US Global GO GOLD and Precious Metal Miners ETF | 0.76% | 0.99% | 1.55% | 1.28% | 0.74% | 0.16% | 0.47% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% |
UPRO ProShares UltraPro S&P 500 | 0.72% | 0.74% | 0.52% | 0.06% | 0.11% | 0.53% | 0.63% | 0.00% | 0.12% | 0.34% | 0.22% | 0.07% |
Drawdowns
GOAU vs. UPRO - Drawdown Comparison
The maximum GOAU drawdown since its inception was -55.41%, smaller than the maximum UPRO drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for GOAU and UPRO. For additional features, visit the drawdowns tool.
Volatility
GOAU vs. UPRO - Volatility Comparison
The current volatility for US Global GO GOLD and Precious Metal Miners ETF (GOAU) is 8.87%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 11.83%. This indicates that GOAU 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.