HTEC vs. UCO
HTEC (ROBO Global Healthcare Technology and Innovation ETF) and UCO (ProShares Ultra Bloomberg Crude Oil) are both exchange-traded funds - HTEC is a Health & Biotech Equities fund tracking the ROBO Global® Healthcare Technology and Innovation Index, while UCO is a Leveraged Commodities fund tracking the Dow Jones-UBS Crude Oil Sub-Index (200%). Both are passively managed. Over the past 5 years, HTEC returned -4.88%/yr vs 22.16%/yr for UCO. At a 0.07 correlation, their price movements are largely independent. HTEC charges 0.68%/yr vs 0.95%/yr for UCO.
Performance
HTEC vs. UCO - Performance Comparison
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Returns By Period
In the year-to-date period, HTEC achieves a -2.96% return, which is significantly lower than UCO's 149.12% return.
HTEC
- 1D
- 0.67%
- 1M
- 3.12%
- YTD
- -2.96%
- 6M
- -3.90%
- 1Y
- 26.68%
- 3Y*
- 5.17%
- 5Y*
- -4.88%
- 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%
HTEC vs. UCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
HTEC ROBO Global Healthcare Technology and Innovation ETF | -2.96% | 23.91% | 2.68% | -2.94% | -33.72% | -0.28% | 65.01% | 9.34% |
UCO ProShares Ultra Bloomberg Crude Oil | 149.12% | -29.75% | 5.36% | -13.89% | 39.71% | 139.26% | -92.91% | 6.40% |
Correlation
The correlation between HTEC and UCO is -0.32, 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 | -0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.07 |
The correlation between HTEC and UCO shifts across timeframes, from -0.32 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HTEC vs. UCO — Risk / Return Rank
HTEC
UCO
HTEC vs. UCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ROBO Global Healthcare Technology and Innovation ETF (HTEC) 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.
| HTEC | UCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.32 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 3.49 | -1.84 |
| Martin ratioReturn relative to average drawdown | 4.07 | 6.60 | -2.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HTEC | UCO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 2.12 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.20 | 0.37 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.16 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | -0.34 | +0.55 |
Drawdowns
HTEC vs. UCO - Drawdown Comparison
The maximum HTEC drawdown since its inception was -57.53%, smaller than the maximum UCO drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for HTEC and UCO.
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Drawdown Indicators
| HTEC | UCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.53% | -99.95% | +42.42% |
Max Drawdown (1Y)Largest decline over 1 year | -16.31% | -34.77% | +18.46% |
Max Drawdown (3Y)Largest decline over 3 years | -28.67% | -50.38% | +21.71% |
Max Drawdown (5Y)Largest decline over 5 years | -56.10% | -67.24% | +11.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.75% | — |
Current DrawdownCurrent decline from peak | -33.25% | -99.23% | +65.98% |
Average DrawdownAverage peak-to-trough decline | -28.99% | -85.49% | +56.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.57% | 18.33% | -11.76% |
Volatility
HTEC vs. UCO - Volatility Comparison
The current volatility for ROBO Global Healthcare Technology and Innovation ETF (HTEC) is 5.82%, while ProShares Ultra Bloomberg Crude Oil (UCO) has a volatility of 20.83%. This indicates that HTEC experiences smaller price fluctuations and is considered to be less risky than UCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HTEC | UCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.82% | 20.83% | -15.01% |
Volatility (6M)Calculated over the trailing 6-month period | 14.90% | 46.44% | -31.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.32% | 57.11% | -36.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.39% | 59.78% | -35.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.46% | 71.36% | -45.90% |
HTEC vs. UCO - Expense Ratio Comparison
HTEC has a 0.68% expense ratio, which is lower than UCO's 0.95% expense ratio.
Dividends
HTEC vs. UCO - Dividend Comparison
HTEC's dividend yield for the trailing twelve months is around 1.01%, while UCO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
HTEC ROBO Global Healthcare Technology and Innovation ETF | 1.01% | 0.98% | 0.00% | 0.00% | 0.00% | 0.05% |
UCO ProShares Ultra Bloomberg Crude Oil | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HTEC and UCO have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UCO has higher volatility (20.83%) compared to HTEC (5.82%). In terms of maximum drawdown, HTEC dropped -57.53% vs UCO's -99.95%.
On 5-year performance, UCO leads with 22.16% vs -4.88% for HTEC. On fees, HTEC is cheaper at 0.68% per year. On volatility, HTEC has been the lower-risk option at 5.82%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, UCO has performed better with a 22.16% return vs -4.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HTEC is cheaper with a 0.68% expense ratio, compared with 0.95% for UCO.
HTEC has the higher dividend yield at 1.01%, compared with 0.00% for UCO.
HTEC is categorized as Health & Biotech Equities, while UCO is Leveraged Commodities. HTEC tracks ROBO Global® Healthcare Technology and Innovation Index, while UCO tracks Dow Jones-UBS Crude Oil Sub-Index (200%). They also come from different issuers: Exchange Traded Concepts and ProShares. Their fees differ too: 0.68% for HTEC and 0.95% for UCO.
UCO currently has the higher Sharpe Ratio (2.12 vs 1.32), 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.
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