LDRX vs. YCS

Last updated Jun 24, 2026

LDRX (SGI Enhanced Market Leaders ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - LDRX is a Derivative Income fund actively managed by Summit Global Investments, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). LDRX is actively managed, while YCS is passively managed. Over the past year, LDRX returned 22.92% vs 31.27% for YCS. At a correlation of -0.10, they often move in opposite directions. LDRX charges 0.59%/yr vs 1.00%/yr for YCS.

Performance

LDRX vs. YCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI Enhanced Market Leaders ETF (LDRX) and ProShares UltraShort Yen (YCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDRX achieves a 5.85% return, which is significantly lower than YCS's 9.63% return.

LDRX

• 1D: -1.37%
• 1M: -2.86%
• YTD: 5.85%
• 6M: 5.00%
• 1Y: 22.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YCS

• 1D: -0.14%
• 1M: 3.57%
• YTD: 9.63%
• 6M: 10.44%
• 1Y: 31.27%
• 3Y*: 18.37%
• 5Y*: 23.52%
• 10Y*: 13.62%

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

LDRX vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025
LDRX SGI Enhanced Market Leaders ETF	5.85%	23.63%
YCS ProShares UltraShort Yen	9.63%	22.57%

Correlation

The correlation between LDRX and YCS is -0.19, 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	-0.19
Correlation (All Time) Calculated using the full available price history since May 5, 2025	-0.10

Return for Risk

LDRX vs. YCS — Risk / Return Rank

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

LDRX

LDRX Risk / Return Rank: 53
LDRX Sharpe Ratio Rank: 56
LDRX Sortino Ratio Rank: 55
LDRX Omega Ratio Rank: 53
LDRX Calmar Ratio Rank: 48
LDRX Martin Ratio Rank: 55

YCS

YCS Risk / Return Rank: 63
YCS Sharpe Ratio Rank: 58
YCS Sortino Ratio Rank: 51
YCS Omega Ratio Rank: 59
YCS Calmar Ratio Rank: 77
YCS Martin Ratio Rank: 69

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.

LDRX vs. YCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Market Leaders ETF (LDRX) and ProShares UltraShort Yen (YCS). 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.

	LDRX	YCS	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.86	-0.14
Sortino ratio: Return per unit of downside risk	2.41	2.36	+0.05
Omega ratio: Gain probability vs. loss probability	1.31	1.34	-0.04
Calmar ratio: Return relative to maximum drawdown	2.17	3.78	-1.62
Martin ratio: Return relative to average drawdown	8.82	11.93	-3.11

LDRX vs. YCS - Sharpe Ratio Comparison

The current LDRX Sharpe Ratio is 1.71, which is comparable to the YCS Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of LDRX and YCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LDRX vs. YCS - Drawdown Comparison

The maximum LDRX drawdown since its inception was -10.62%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for LDRX and YCS.

Drawdown Indicators

	LDRX	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-10.62%	-49.56%	+38.94%
Max Drawdown (1Y) Largest decline over 1 year	-10.62%	-8.30%	-2.32%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.32%	—
Current Drawdown Current decline from peak	-4.58%	-0.14%	-4.44%
Average Drawdown Average peak-to-trough decline	-1.52%	-19.87%	+18.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	2.65%	-0.04%

Volatility

LDRX vs. YCS - Volatility Comparison

SGI Enhanced Market Leaders ETF (LDRX) has a higher volatility of 5.17% compared to ProShares UltraShort Yen (YCS) at 2.25%. This indicates that LDRX's price experiences larger fluctuations and is considered to be riskier than YCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDRX	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.17%	2.25%	+2.92%
Volatility (6M) Calculated over the trailing 6-month period	10.64%	12.19%	-1.55%
Volatility (1Y) Calculated over the trailing 1-year period	13.45%	16.93%	-3.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.39%	21.10%	-7.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.39%	18.82%	-5.43%

LDRX vs. YCS - Expense Ratio Comparison

LDRX has a 0.59% expense ratio, which is lower than YCS's 1.00% expense ratio.

Dividends

LDRX vs. YCS - Dividend Comparison

LDRX's dividend yield for the trailing twelve months is around 1.24%, while YCS has not paid dividends to shareholders.

Position	TTM	2025
LDRX SGI Enhanced Market Leaders ETF	1.24%	1.19%
YCS ProShares UltraShort Yen	0.00%	0.00%

Frequently Asked Questions

Can I hold both LDRX and YCS in my portfolio?

LDRX and YCS have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LDRX or YCS?

LDRX has higher volatility (5.17%) compared to YCS (2.25%). In terms of maximum drawdown, LDRX dropped -10.62% vs YCS's -49.56%.

Which ETF is better, LDRX or YCS?

On 1-year performance, YCS leads with 31.27% vs 22.92% for LDRX. On fees, LDRX is cheaper at 0.59% per year. On volatility, YCS has been the lower-risk option at 2.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LDRX or YCS?

Over the 1-year period, YCS has performed better with a 31.27% return vs 22.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LDRX or YCS?

LDRX is cheaper with a 0.59% expense ratio, compared with 1.00% for YCS.

Which ETF pays a higher dividend yield, LDRX or YCS?

LDRX has the higher dividend yield at 1.24%, compared with 0.00% for YCS.

What is the main difference between LDRX and YCS?

LDRX is categorized as Derivative Income, while YCS is Leveraged Currency. They also come from different issuers: Summit Global Investments and ProShares. Their fees differ too: 0.59% for LDRX and 1.00% for YCS.

Which has better risk-adjusted returns?

YCS currently has the higher Sharpe Ratio (1.86 vs 1.71), 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.