MSLOY vs. UPRO

Last updated Jun 3, 2026

MSLOY (Mitsui OSK Lines Ltd ADR) is a stock, while UPRO (ProShares UltraPro S&P 500) is Leveraged Equities fund tracking the S&P 500. Over the past 10 years, MSLOY returned 23.28%/yr vs 30.09%/yr for UPRO. At a 0.09 correlation, their price movements are largely independent.

Performance

MSLOY vs. UPRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mitsui OSK Lines Ltd ADR (MSLOY) and ProShares UltraPro S&P 500 (UPRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSLOY achieves a 14.06% return, which is significantly lower than UPRO's 27.90% return. Over the past 10 years, MSLOY has underperformed UPRO with an annualized return of 23.28%, while UPRO has yielded a comparatively higher 30.09% annualized return.

MSLOY

• 1D: 2.21%
• 1M: -8.50%
• YTD: 14.06%
• 6M: 19.97%
• 1Y: -3.22%
• 3Y*: 17.46%
• 5Y*: 22.44%
• 10Y*: 23.28%

UPRO

• 1D: -2.09%
• 1M: 14.64%
• YTD: 27.90%
• 6M: 26.67%
• 1Y: 80.84%
• 3Y*: 52.58%
• 5Y*: 23.13%
• 10Y*: 30.09%

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

MSLOY vs. UPRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MSLOY Mitsui OSK Lines Ltd ADR	14.06%	-10.59%	12.79%	30.20%	-4.00%	155.20%	12.78%	14.66%	-28.70%	91.41%
UPRO ProShares UltraPro S&P 500	27.90%	31.88%	63.57%	68.53%	-56.84%	98.64%	10.09%	102.30%	-25.11%	71.37%

Correlation

The correlation between MSLOY and UPRO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Oct 20, 2009	0.09

The correlation between MSLOY and UPRO shifts across timeframes, from 0.09 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

MSLOY vs. UPRO — Risk / Return Rank

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

MSLOY

MSLOY Risk / Return Rank: 34
MSLOY Sharpe Ratio Rank: 35
MSLOY Sortino Ratio Rank: 30
MSLOY Omega Ratio Rank: 30
MSLOY Calmar Ratio Rank: 36
MSLOY Martin Ratio Rank: 37

UPRO

UPRO Risk / Return Rank: 62
UPRO Sharpe Ratio Rank: 68
UPRO Sortino Ratio Rank: 57
UPRO Omega Ratio Rank: 58
UPRO Calmar Ratio Rank: 60
UPRO 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.

MSLOY vs. UPRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mitsui OSK Lines Ltd ADR (MSLOY) and ProShares UltraPro S&P 500 (UPRO). 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.

	MSLOY	UPRO	Difference
Sharpe ratio Return per unit of total volatility	-0.12	2.30	-2.42
Sortino ratio Return per unit of downside risk	0.02	2.76	-2.74
Omega ratio Gain probability vs. loss probability	1.00	1.36	-0.36
Calmar ratio Return relative to maximum drawdown	-0.12	3.03	-3.15
Martin ratio Return relative to average drawdown	-0.22	12.80	-13.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSLOY vs. UPRO - Sharpe Ratio Comparison

The current MSLOY Sharpe Ratio is -0.12, which is lower than the UPRO Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of MSLOY and UPRO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MSLOY	UPRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.12	2.30	-2.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.46	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.56	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.65	-0.50

Drawdowns

MSLOY vs. UPRO - Drawdown Comparison

The maximum MSLOY drawdown since its inception was -73.99%, roughly equal to the maximum UPRO drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for MSLOY and UPRO.

Drawdown Indicators

	MSLOY	UPRO	Difference
Max Drawdown Largest peak-to-trough decline	-73.99%	-76.82%	+2.83%
Max Drawdown (1Y) Largest decline over 1 year	-23.72%	-26.78%	+3.06%
Max Drawdown (3Y) Largest decline over 3 years	-25.50%	-48.87%	+23.37%
Max Drawdown (5Y) Largest decline over 5 years	-45.24%	-63.94%	+18.70%
Max Drawdown (10Y) Largest decline over 10 years	-56.69%	-76.82%	+20.13%
Current Drawdown Current decline from peak	-22.03%	-2.09%	-19.94%
Average Drawdown Average peak-to-trough decline	-34.64%	-14.42%	-20.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.67%	6.33%	+6.34%

Volatility

MSLOY vs. UPRO - Volatility Comparison

The current volatility for Mitsui OSK Lines Ltd ADR (MSLOY) is 5.56%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 8.45%. This indicates that MSLOY experiences smaller price fluctuations and is considered to be less risky than UPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSLOY	UPRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.56%	8.45%	-2.89%
Volatility (6M) Calculated over the trailing 6-month period	22.14%	26.60%	-4.46%
Volatility (1Y) Calculated over the trailing 1-year period	27.37%	35.35%	-7.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.51%	50.32%	-6.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.88%	53.74%	-1.86%

Dividends

MSLOY vs. UPRO - Dividend Comparison

MSLOY has not paid dividends to shareholders, while UPRO's dividend yield for the trailing twelve months is around 0.68%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSLOY Mitsui OSK Lines Ltd ADR	0.00%	4.11%	3.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UPRO ProShares UltraPro S&P 500	0.68%	0.84%	0.93%	0.74%	0.52%	0.06%	0.11%	0.41%	0.63%	0.00%	0.12%	0.34%

Frequently Asked Questions

Can I hold both MSLOY and UPRO in my portfolio?

MSLOY and UPRO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSLOY or UPRO?

UPRO has higher volatility (8.45%) compared to MSLOY (5.56%). In terms of maximum drawdown, MSLOY dropped -73.99% vs UPRO's -76.82%.

Which has better risk-adjusted returns?

UPRO currently has the higher Sharpe Ratio (2.30 vs -0.12), 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.