MYY vs. IJH
MYY (ProShares Short S&P Mid Cap400) and IJH (iShares Core S&P Mid-Cap ETF) are both exchange-traded funds - MYY is a Inverse Equities fund tracking the S&P Mid Cap 400 (-100%), while IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index. Both are passively managed. Over the past 10 years, MYY returned -11.12%/yr vs 11.27%/yr for IJH. At a correlation of -0.99, they often move in opposite directions. MYY charges 0.95%/yr vs 0.05%/yr for IJH.
Performance
MYY vs. IJH - Performance Comparison
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Returns By Period
In the year-to-date period, MYY achieves a -11.13% return, which is significantly lower than IJH's 14.10% return. Over the past 10 years, MYY has underperformed IJH with an annualized return of -11.12%, while IJH has yielded a comparatively higher 11.27% annualized return.
MYY
- 1D
- 0.02%
- 1M
- -3.52%
- YTD
- -11.13%
- 6M
- -11.03%
- 1Y
- -16.67%
- 3Y*
- -9.90%
- 5Y*
- -5.92%
- 10Y*
- -11.12%
IJH
- 1D
- -0.12%
- 1M
- 3.84%
- YTD
- 14.10%
- 6M
- 14.33%
- 1Y
- 25.45%
- 3Y*
- 16.09%
- 5Y*
- 8.17%
- 10Y*
- 11.27%
MYY vs. IJH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MYY ProShares Short S&P Mid Cap400 | -11.13% | -4.05% | -7.08% | -9.46% | 10.23% | -23.04% | -25.94% | -19.98% | 12.79% | -14.63% |
IJH iShares Core S&P Mid-Cap ETF | 14.10% | 7.42% | 13.92% | 16.40% | -13.11% | 24.72% | 13.60% | 26.10% | -11.19% | 16.26% |
Correlation
The correlation between MYY and IJH is -1.00, 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 | -1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | -1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | -1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.99 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2006 | -0.99 |
The correlation between MYY and IJH has been stable across timeframes, ranging from -1.00 to -0.99 - a consistent structural relationship.
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Return for Risk
MYY vs. IJH — Risk / Return Rank
MYY
IJH
MYY vs. IJH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short S&P Mid Cap400 (MYY) and iShares Core S&P Mid-Cap ETF (IJH). 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.
| MYY | IJH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.08 | 1.65 | -2.73 |
Sortino ratioReturn per unit of downside risk | -1.45 | 2.41 | -3.87 |
Omega ratioGain probability vs. loss probability | 0.83 | 1.29 | -0.46 |
Calmar ratioReturn relative to maximum drawdown | -0.95 | 2.90 | -3.85 |
Martin ratioReturn relative to average drawdown | -1.75 | 10.60 | -12.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MYY | IJH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.08 | 1.65 | -2.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | 0.42 | -0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.52 | 0.53 | -1.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.53 | 0.46 | -0.99 |
Drawdowns
MYY vs. IJH - Drawdown Comparison
The maximum MYY drawdown since its inception was -95.08%, which is greater than IJH's maximum drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for MYY and IJH.
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Drawdown Indicators
| MYY | IJH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.08% | -55.07% | -40.01% |
Max Drawdown (1Y)Largest decline over 1 year | -17.58% | -8.83% | -8.75% |
Max Drawdown (3Y)Largest decline over 3 years | -33.48% | -24.10% | -9.38% |
Max Drawdown (5Y)Largest decline over 5 years | -36.20% | -24.10% | -12.10% |
Max Drawdown (10Y)Largest decline over 10 years | -71.22% | -42.18% | -29.04% |
Current DrawdownCurrent decline from peak | -95.07% | -0.12% | -94.95% |
Average DrawdownAverage peak-to-trough decline | -72.15% | -7.57% | -64.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.56% | 2.41% | +7.15% |
Volatility
MYY vs. IJH - Volatility Comparison
ProShares Short S&P Mid Cap400 (MYY) and iShares Core S&P Mid-Cap ETF (IJH) have volatilities of 4.41% and 4.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MYY | IJH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 4.37% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 11.40% | 11.32% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.59% | 15.54% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.62% | 19.74% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.25% | 21.18% | +0.07% |
MYY vs. IJH - Expense Ratio Comparison
MYY has a 0.95% expense ratio, which is higher than IJH's 0.05% expense ratio.
Dividends
MYY vs. IJH - Dividend Comparison
MYY's dividend yield for the trailing twelve months is around 4.45%, more than IJH's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJH iShares Core S&P Mid-Cap ETF | 1.18% | 1.36% | 1.33% | 1.46% | 1.68% | 1.18% | 1.28% | 1.63% | 1.72% | 1.19% | 1.60% | 1.56% |
MYY ProShares Short S&P Mid Cap400 | 4.45% | 4.20% | 4.92% | 5.08% | 0.40% | 0.00% | 0.05% | 1.52% | 0.34% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MYY and IJH have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MYY has higher volatility (4.41%) compared to IJH (4.37%). In terms of maximum drawdown, MYY dropped -95.08% vs IJH's -55.07%.
On 10-year performance, IJH leads with 11.27% vs -11.12% for MYY. On fees, IJH is cheaper at 0.05% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IJH has performed better with a 11.27% return vs -11.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IJH is cheaper with a 0.05% expense ratio, compared with 0.95% for MYY.
MYY has the higher dividend yield at 4.45%, compared with 1.18% for IJH.
MYY is categorized as Inverse Equities, while IJH is Mid Cap Blend Equities. MYY tracks S&P Mid Cap 400 (-100%), while IJH tracks S&P MidCap 400 Index. They also come from different issuers: ProShares and iShares. Their fees differ too: 0.95% for MYY and 0.05% for IJH.
IJH currently has the higher Sharpe Ratio (1.65 vs -1.08), 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.
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