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MVV vs. UMDD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MVV and UMDD is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

MVV vs. UMDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Midcap 400 (MVV) and ProShares UltraPro MidCap400 (UMDD). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
8.84%
9.67%
MVV
UMDD

Key characteristics

Sharpe Ratio

MVV:

0.60

UMDD:

0.46

Sortino Ratio

MVV:

1.02

UMDD:

0.94

Omega Ratio

MVV:

1.12

UMDD:

1.12

Calmar Ratio

MVV:

0.73

UMDD:

0.47

Martin Ratio

MVV:

2.91

UMDD:

2.17

Ulcer Index

MVV:

6.57%

UMDD:

10.13%

Daily Std Dev

MVV:

31.89%

UMDD:

47.58%

Max Drawdown

MVV:

-85.54%

UMDD:

-86.24%

Current Drawdown

MVV:

-15.09%

UMDD:

-28.46%

Returns By Period

In the year-to-date period, MVV achieves a 18.95% return, which is significantly lower than UMDD's 21.81% return. Over the past 10 years, MVV has outperformed UMDD with an annualized return of 11.20%, while UMDD has yielded a comparatively lower 8.97% annualized return.


MVV

YTD

18.95%

1M

-12.48%

6M

8.84%

1Y

18.40%

5Y*

9.41%

10Y*

11.20%

UMDD

YTD

21.81%

1M

-18.56%

6M

9.67%

1Y

21.05%

5Y*

2.21%

10Y*

8.97%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MVV vs. UMDD - Expense Ratio Comparison

Both MVV and UMDD have an expense ratio of 0.95%.


MVV
ProShares Ultra Midcap 400
Expense ratio chart for MVV: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for UMDD: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

MVV vs. UMDD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Midcap 400 (MVV) and ProShares UltraPro MidCap400 (UMDD). 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.


Sharpe ratio
The chart of Sharpe ratio for MVV, currently valued at 0.60, compared to the broader market0.002.004.000.600.46
The chart of Sortino ratio for MVV, currently valued at 1.02, compared to the broader market-2.000.002.004.006.008.0010.001.020.94
The chart of Omega ratio for MVV, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.12
The chart of Calmar ratio for MVV, currently valued at 0.73, compared to the broader market0.005.0010.0015.000.730.47
The chart of Martin ratio for MVV, currently valued at 2.91, compared to the broader market0.0020.0040.0060.0080.00100.002.912.17
MVV
UMDD

The current MVV Sharpe Ratio is 0.60, which is comparable to the UMDD Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of MVV and UMDD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.60
0.46
MVV
UMDD

Dividends

MVV vs. UMDD - Dividend Comparison

MVV's dividend yield for the trailing twelve months is around 0.39%, less than UMDD's 0.75% yield.


TTM2023202220212020201920182017201620152014
MVV
ProShares Ultra Midcap 400
0.39%0.77%0.93%0.16%0.29%0.62%0.62%0.21%0.43%0.17%0.00%
UMDD
ProShares UltraPro MidCap400
0.75%0.19%0.49%0.06%0.08%0.64%0.32%0.00%0.03%0.06%0.08%

Drawdowns

MVV vs. UMDD - Drawdown Comparison

The maximum MVV drawdown since its inception was -85.54%, roughly equal to the maximum UMDD drawdown of -86.24%. Use the drawdown chart below to compare losses from any high point for MVV and UMDD. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-15.09%
-28.46%
MVV
UMDD

Volatility

MVV vs. UMDD - Volatility Comparison

The current volatility for ProShares Ultra Midcap 400 (MVV) is 10.39%, while ProShares UltraPro MidCap400 (UMDD) has a volatility of 15.44%. This indicates that MVV experiences smaller price fluctuations and is considered to be less risky than UMDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.39%
15.44%
MVV
UMDD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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