Correlation
The correlation between KWHIY and SSO is 0.22, 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.
KWHIY vs. SSO
Compare and contrast key facts about Kawasaki Heavy Industries Ltd ADR (KWHIY) and ProShares Ultra S&P 500 (SSO).
SSO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KWHIY or SSO.
Performance
KWHIY vs. SSO - Performance Comparison
Loading data...
Key characteristics
KWHIY:
1.43
SSO:
0.46
KWHIY:
1.98
SSO:
0.78
KWHIY:
1.24
SSO:
1.11
KWHIY:
1.77
SSO:
0.41
KWHIY:
6.26
SSO:
1.40
KWHIY:
12.23%
SSO:
10.32%
KWHIY:
60.24%
SSO:
39.21%
KWHIY:
-74.76%
SSO:
-84.67%
KWHIY:
-0.39%
SSO:
-10.95%
Returns By Period
In the year-to-date period, KWHIY achieves a 52.06% return, which is significantly higher than SSO's -3.54% return. Over the past 10 years, KWHIY has underperformed SSO with an annualized return of 4.66%, while SSO has yielded a comparatively higher 18.68% annualized return.
KWHIY
52.06%
17.79%
82.87%
85.28%
52.92%
34.62%
4.66%
SSO
-3.54%
12.22%
-8.77%
17.71%
18.88%
24.52%
18.68%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
KWHIY vs. SSO — Risk-Adjusted Performance Rank
KWHIY
SSO
KWHIY vs. SSO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kawasaki Heavy Industries Ltd ADR (KWHIY) and ProShares Ultra S&P 500 (SSO). 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.
Loading data...
Dividends
KWHIY vs. SSO - Dividend Comparison
KWHIY has not paid dividends to shareholders, while SSO's dividend yield for the trailing twelve months is around 0.87%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KWHIY Kawasaki Heavy Industries Ltd ADR | 0.00% | 0.00% | 2.51% | 1.59% | 0.95% | 0.00% | 2.99% | 2.73% | 1.25% | 3.33% | 2.60% | 1.84% |
SSO ProShares Ultra S&P 500 | 0.87% | 0.85% | 0.18% | 0.50% | 0.18% | 0.20% | 0.50% | 0.75% | 0.39% | 0.51% | 0.63% | 0.32% |
Drawdowns
KWHIY vs. SSO - Drawdown Comparison
The maximum KWHIY drawdown since its inception was -74.76%, smaller than the maximum SSO drawdown of -84.67%. Use the drawdown chart below to compare losses from any high point for KWHIY and SSO.
Loading data...
Volatility
KWHIY vs. SSO - Volatility Comparison
Kawasaki Heavy Industries Ltd ADR (KWHIY) has a higher volatility of 15.94% compared to ProShares Ultra S&P 500 (SSO) at 9.57%. This indicates that KWHIY's price experiences larger fluctuations and is considered to be riskier than SSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...