NDVLY vs. USD
Compare and contrast key facts about New World Development Co Ltd ADR (NDVLY) and ProShares Ultra Semiconductors (USD).
USD is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (200%). It was launched on Jan 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDVLY or USD.
Correlation
The correlation between NDVLY and USD is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NDVLY vs. USD - Performance Comparison
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Key characteristics
NDVLY:
-0.32
USD:
-0.03
NDVLY:
0.56
USD:
0.61
NDVLY:
1.06
USD:
1.08
NDVLY:
-0.34
USD:
-0.09
NDVLY:
-0.87
USD:
-0.19
NDVLY:
37.51%
USD:
30.17%
NDVLY:
134.93%
USD:
98.62%
NDVLY:
-96.46%
USD:
-87.94%
NDVLY:
-95.46%
USD:
-46.57%
Returns By Period
In the year-to-date period, NDVLY achieves a -3.03% return, which is significantly higher than USD's -32.57% return. Over the past 10 years, NDVLY has underperformed USD with an annualized return of -18.13%, while USD has yielded a comparatively higher 39.75% annualized return.
NDVLY
-3.03%
23.08%
-34.69%
-41.77%
-33.37%
-18.13%
USD
-32.57%
22.84%
-40.43%
-5.37%
47.66%
39.75%
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Risk-Adjusted Performance
NDVLY vs. USD — Risk-Adjusted Performance Rank
NDVLY
USD
NDVLY vs. USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New World Development Co Ltd ADR (NDVLY) 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.
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Dividends
NDVLY vs. USD - Dividend Comparison
NDVLY has not paid dividends to shareholders, while USD's dividend yield for the trailing twelve months is around 0.26%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDVLY New World Development Co Ltd ADR | 0.00% | 3.94% | 6.86% | 9.60% | 6.77% | 5.55% | 4.82% | 4.73% | 4.04% | 5.51% | 5.57% | 11.12% |
USD ProShares Ultra Semiconductors | 0.26% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 7.11% | 0.39% | 2.71% |
Drawdowns
NDVLY vs. USD - Drawdown Comparison
The maximum NDVLY drawdown since its inception was -96.46%, which is greater than USD's maximum drawdown of -87.94%. Use the drawdown chart below to compare losses from any high point for NDVLY and USD. For additional features, visit the drawdowns tool.
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Volatility
NDVLY vs. USD - Volatility Comparison
New World Development Co Ltd ADR (NDVLY) has a higher volatility of 41.75% compared to ProShares Ultra Semiconductors (USD) at 26.94%. This indicates that NDVLY's price experiences larger fluctuations and is considered to be riskier than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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