HOOD vs. UCO

Last updated Jun 4, 2026

HOOD (Robinhood Markets, Inc.) is a stock, while UCO (ProShares Ultra Bloomberg Crude Oil) is Leveraged Commodities fund tracking the Dow Jones-UBS Crude Oil Sub-Index (200%). Over the past 3 years, HOOD returned 107.01%/yr vs 25.90%/yr for UCO. At a 0.05 correlation, their price movements are largely independent.

Performance

HOOD vs. UCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Robinhood Markets, Inc. (HOOD) and ProShares Ultra Bloomberg Crude Oil (UCO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOD achieves a -26.75% return, which is significantly lower than UCO's 149.12% return.

HOOD

• 1D: -6.02%
• 1M: 8.23%
• YTD: -26.75%
• 6M: -38.01%
• 1Y: 15.52%
• 3Y*: 107.01%
• 5Y*: —
• 10Y*: —

UCO

• 1D: 2.71%
• 1M: -4.64%
• YTD: 149.12%
• 6M: 137.09%
• 1Y: 120.48%
• 3Y*: 25.90%
• 5Y*: 22.16%
• 10Y*: -11.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HOOD vs. UCO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HOOD Robinhood Markets, Inc.	-26.75%	203.54%	192.46%	56.51%	-54.17%	-48.99%
UCO ProShares Ultra Bloomberg Crude Oil	149.12%	-29.75%	5.36%	-13.89%	39.71%	8.60%

Correlation

The correlation between HOOD and UCO is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (All Time) Calculated using the full available price history since Jul 30, 2021	0.05

The correlation between HOOD and UCO shifts across timeframes, from -0.15 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HOOD vs. UCO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HOOD

HOOD Risk / Return Rank: 47
HOOD Sharpe Ratio Rank: 48
HOOD Sortino Ratio Rank: 49
HOOD Omega Ratio Rank: 47
HOOD Calmar Ratio Rank: 47
HOOD Martin Ratio Rank: 46

UCO

UCO Risk / Return Rank: 54
UCO Sharpe Ratio Rank: 62
UCO Sortino Ratio Rank: 50
UCO Omega Ratio Rank: 50
UCO Calmar Ratio Rank: 69
UCO Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HOOD vs. UCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Robinhood Markets, Inc. (HOOD) and ProShares Ultra Bloomberg Crude Oil (UCO). 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.

	HOOD	UCO	Difference
Sharpe ratio: Return per unit of total volatility	0.23	2.12	-1.89
Sortino ratio: Return per unit of downside risk	0.83	2.46	-1.63
Omega ratio: Gain probability vs. loss probability	1.10	1.32	-0.22
Calmar ratio: Return relative to maximum drawdown	0.27	3.49	-3.21
Martin ratio: Return relative to average drawdown	0.50	6.60	-6.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HOOD vs. UCO - Sharpe Ratio Comparison

The current HOOD Sharpe Ratio is 0.23, which is lower than the UCO Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of HOOD and UCO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HOOD	UCO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	2.12	-1.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	-0.34	+0.61

Drawdowns

HOOD vs. UCO - Drawdown Comparison

The maximum HOOD drawdown since its inception was -90.21%, smaller than the maximum UCO drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for HOOD and UCO.

Drawdown Indicators

	HOOD	UCO	Difference
Max Drawdown Largest peak-to-trough decline	-90.21%	-99.95%	+9.74%
Max Drawdown (1Y) Largest decline over 1 year	-57.26%	-34.77%	-22.49%
Max Drawdown (3Y) Largest decline over 3 years	-57.26%	-50.38%	-6.88%
Max Drawdown (5Y) Largest decline over 5 years	—	-67.24%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-98.75%	—
Current Drawdown Current decline from peak	-45.66%	-99.23%	+53.57%
Average Drawdown Average peak-to-trough decline	-60.99%	-85.49%	+24.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.88%	18.33%	+12.55%

Volatility

HOOD vs. UCO - Volatility Comparison

Robinhood Markets, Inc. (HOOD) and ProShares Ultra Bloomberg Crude Oil (UCO) have volatilities of 21.14% and 20.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOOD	UCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.14%	20.83%	+0.31%
Volatility (6M) Calculated over the trailing 6-month period	50.03%	46.44%	+3.59%
Volatility (1Y) Calculated over the trailing 1-year period	68.61%	57.11%	+11.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.99%	59.78%	+14.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.99%	71.36%	+2.63%

Dividends

HOOD vs. UCO - Dividend Comparison

Neither HOOD nor UCO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both HOOD and UCO in my portfolio?

HOOD and UCO have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HOOD or UCO?

HOOD has higher volatility (21.14%) compared to UCO (20.83%). In terms of maximum drawdown, HOOD dropped -90.21% vs UCO's -99.95%.

Which has better risk-adjusted returns?

UCO currently has the higher Sharpe Ratio (2.12 vs 0.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.