MSFT vs. USD
MSFT (Microsoft Corporation) 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, MSFT returned 24.39%/yr vs 60.21%/yr for USD. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
MSFT vs. USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MSFT achieves a -18.85% return, which is significantly lower than USD's 86.87% return. Over the past 10 years, MSFT has underperformed USD with an annualized return of 24.39%, while USD has yielded a comparatively higher 60.21% annualized return.
MSFT
- 1D
- 0.10%
- 1M
- -4.36%
- YTD
- -18.85%
- 6M
- -17.98%
- 1Y
- -17.07%
- 3Y*
- 6.16%
- 5Y*
- 9.56%
- 10Y*
- 24.39%
USD
- 1D
- 2.08%
- 1M
- -6.17%
- YTD
- 86.87%
- 6M
- 97.77%
- 1Y
- 222.89%
- 3Y*
- 111.11%
- 5Y*
- 65.02%
- 10Y*
- 60.21%
MSFT vs. USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | -18.85% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
USD ProShares Ultra Semiconductors | 86.87% | 62.08% | 139.64% | 228.79% | -68.57% | 104.27% | 68.16% | 110.37% | -26.88% | 81.72% |
Correlation
The correlation between MSFT and USD is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2007 | 0.61 |
Over the past year, the correlation between MSFT and USD has dropped to 0.37 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
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
MSFT vs. USD — Risk / Return Rank
MSFT
USD
MSFT vs. USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microsoft Corporation (MSFT) 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.
| MSFT | USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.90 | ||
| Sortino ratioReturn per unit of downside risk | -3.89 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.41 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 6.58 | -7.10 |
| Martin ratioReturn relative to average drawdown | -1.08 | 18.43 | -19.51 |
Loading charts...
Drawdowns
MSFT vs. USD - Drawdown Comparison
The maximum MSFT drawdown since its inception was -69.38%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for MSFT and USD.
Loading charts...
Drawdown Indicators
| MSFT | USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.38% | -88.63% | +19.25% |
Max Drawdown (1Y)Largest decline over 1 year | -33.91% | -31.80% | -2.11% |
Max Drawdown (3Y)Largest decline over 3 years | -33.91% | -64.46% | +30.55% |
Max Drawdown (5Y)Largest decline over 5 years | -37.15% | -77.85% | +40.70% |
Max Drawdown (10Y)Largest decline over 10 years | -37.15% | -77.85% | +40.70% |
Current DrawdownCurrent decline from peak | -27.46% | -13.67% | -13.79% |
Average DrawdownAverage peak-to-trough decline | -21.78% | -32.32% | +10.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.48% | 11.34% | +5.14% |
Volatility
MSFT vs. USD - Volatility Comparison
The current volatility for Microsoft Corporation (MSFT) is 10.52%, while ProShares Ultra Semiconductors (USD) has a volatility of 29.56%. This indicates that MSFT 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
| MSFT | USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | 29.56% | -19.04% |
Volatility (6M)Calculated over the trailing 6-month period | 22.31% | 52.44% | -30.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.42% | 65.34% | -39.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.66% | 77.19% | -50.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 69.61% | -42.55% |
Dividends
MSFT vs. USD - Dividend Comparison
MSFT's dividend yield for the trailing twelve months is around 0.91%, more than USD's 0.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | 0.91% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
USD ProShares Ultra Semiconductors | 0.25% | 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
MSFT and USD have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USD has higher volatility (29.56%) compared to MSFT (10.52%). In terms of maximum drawdown, MSFT dropped -69.38% vs USD's -88.63%.
USD currently has the higher Sharpe Ratio (3.20 vs -0.70), 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 MSFT 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