MND.TO vs. SSO

Last updated Jun 4, 2026

MND.TO (Mandalay Resources Corporation) is a stock, while SSO (ProShares Ultra S&P500) is Leveraged Equities fund tracking the S&P 500. At a 0.05 correlation, their price movements are largely independent.

Performance

MND.TO vs. SSO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Mandalay Resources Corporation (MND.TO) and ProShares Ultra S&P500 (SSO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MND.TO is traded in CAD, while SSO is traded in USD. To make them comparable, the SSO values have been converted to CAD using the latest available exchange rates.

Returns By Period

MND.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SSO

• 1D: -1.00%
• 1M: 11.94%
• YTD: 20.89%
• 6M: 18.35%
• 1Y: 54.66%
• 3Y*: 39.16%
• 5Y*: 23.04%
• 10Y*: 25.11%

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

MND.TO vs. SSO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MND.TO Mandalay Resources Corporation	0.00%	37.06%	115.30%	-39.60%	31.17%	18.46%	80.56%	44.00%	-72.22%	-65.21%
SSO ProShares Ultra S&P500	20.89%	20.40%	55.81%	43.42%	-34.64%	59.12%	19.48%	55.41%	-7.36%	35.16%

Correlation

The correlation between MND.TO and SSO is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009	0.05

The correlation between MND.TO and SSO shifts across timeframes, from -0.06 (1 year) to 0.05 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

MND.TO vs. SSO — Risk / Return Rank

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

SSO

SSO Risk / Return Rank: 62
SSO Sharpe Ratio Rank: 66
SSO Sortino Ratio Rank: 59
SSO Omega Ratio Rank: 60
SSO Calmar Ratio Rank: 58
SSO Martin Ratio Rank: 68

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.

MND.TO vs. SSO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mandalay Resources Corporation (MND.TO) and ProShares Ultra S&P500 (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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MND.TO	SSO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.39	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.88	—

Drawdowns

Drawdown Indicators

	MND.TO	SSO	Difference
Max Drawdown Largest peak-to-trough decline	—	-55.42%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-17.87%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-35.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-55.42%	—
Current Drawdown Current decline from peak	—	-1.00%	—
Average Drawdown Average peak-to-trough decline	—	-7.77%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.38%	—

Volatility

Volatility by Period

	MND.TO	SSO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	23.01%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	31.17%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	33.57%	—

Dividends

MND.TO vs. SSO - Dividend Comparison

MND.TO has not paid dividends to shareholders, while SSO's dividend yield for the trailing twelve months is around 0.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MND.TO Mandalay Resources Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.41%	5.00%	6.25%
SSO ProShares Ultra S&P500	0.62%	0.68%	0.85%	0.18%	0.50%	0.18%	0.20%	0.50%	0.75%	0.39%	0.51%	0.63%

Frequently Asked Questions

Can I hold both MND.TO and SSO in my portfolio?

MND.TO and SSO have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.