HRB vs. USD
HRB (H&R Block, Inc.) is a stock, while USD (ProShares Ultra Semiconductors) is Leveraged Equities fund tracking the Dow Jones U.S. Semiconductors Index (200%). Over the past 10 years, HRB returned 9.29%/yr vs 62.72%/yr for USD. At a 0.29 correlation, their price movements are largely independent.
Performance
HRB vs. USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HRB achieves a -15.87% return, which is significantly lower than USD's 92.18% return. Over the past 10 years, HRB has underperformed USD with an annualized return of 9.29%, while USD has yielded a comparatively higher 62.72% annualized return.
HRB
- 1D
- -1.51%
- 1M
- -6.84%
- YTD
- -15.87%
- 6M
- -15.70%
- 1Y
- -31.53%
- 3Y*
- 7.13%
- 5Y*
- 11.98%
- 10Y*
- 9.29%
USD
- 1D
- 4.73%
- 1M
- -0.57%
- YTD
- 92.18%
- 6M
- 86.88%
- 1Y
- 185.02%
- 3Y*
- 118.50%
- 5Y*
- 64.73%
- 10Y*
- 62.72%
HRB vs. USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HRB H&R Block, Inc. | -15.87% | -14.88% | 12.03% | 36.87% | 59.94% | 55.43% | -27.97% | -3.55% | 0.49% | 18.22% |
USD ProShares Ultra Semiconductors | 92.18% | 62.08% | 139.64% | 228.79% | -68.57% | 104.27% | 68.16% | 110.37% | -26.88% | 81.72% |
Correlation
The correlation between HRB and USD is -0.28, 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 | -0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2007 | 0.29 |
The correlation between HRB and USD shifts across timeframes, from -0.28 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HRB vs. USD — Risk / Return Rank
HRB
USD
HRB vs. USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for H&R Block, Inc. (HRB) and ProShares Ultra Semiconductors (USD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HRB | USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.52 | ||
| Sortino ratioReturn per unit of downside risk | -3.93 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.38 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 5.86 | -6.50 |
| Martin ratioReturn relative to average drawdown | -1.13 | 16.16 | -17.29 |
Loading charts...
Drawdowns
HRB vs. USD - Drawdown Comparison
The maximum HRB drawdown since its inception was -62.08%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for HRB and USD.
Loading charts...
Drawdown Indicators
| HRB | USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.08% | -88.63% | +26.55% |
Max Drawdown (1Y)Largest decline over 1 year | -49.16% | -31.80% | -17.36% |
Max Drawdown (3Y)Largest decline over 3 years | -55.54% | -64.46% | +8.92% |
Max Drawdown (5Y)Largest decline over 5 years | -55.54% | -77.85% | +22.31% |
Max Drawdown (10Y)Largest decline over 10 years | -57.72% | -77.85% | +20.13% |
Current DrawdownCurrent decline from peak | -42.48% | -11.21% | -31.27% |
Average DrawdownAverage peak-to-trough decline | -18.66% | -32.29% | +13.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.90% | 11.50% | +16.40% |
Volatility
HRB vs. USD - Volatility Comparison
The current volatility for H&R Block, Inc. (HRB) is 9.95%, while ProShares Ultra Semiconductors (USD) has a volatility of 33.79%. This indicates that HRB experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HRB | USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.95% | 33.79% | -23.84% |
Volatility (6M)Calculated over the trailing 6-month period | 35.74% | 53.90% | -18.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.04% | 67.84% | -26.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.06% | 77.74% | -44.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.84% | 69.82% | -33.98% |
Dividends
HRB vs. USD - Dividend Comparison
HRB's dividend yield for the trailing twelve months is around 4.70%, more than USD's 0.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRB H&R Block, Inc. | 4.70% | 3.65% | 2.63% | 2.52% | 3.07% | 4.54% | 6.56% | 4.39% | 3.90% | 3.59% | 3.74% | 2.40% |
USD ProShares Ultra Semiconductors | 0.30% | 0.39% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% |
Frequently Asked Questions
HRB and USD have a correlation of -0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USD has higher volatility (33.79%) compared to HRB (9.95%). In terms of maximum drawdown, HRB dropped -62.08% vs USD's -88.63%.
USD currently has the higher Sharpe Ratio (2.75 vs -0.77), 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.
Find the right allocation for HRB and USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer