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 0.18, 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
Key characteristics
NDVLY:
-0.38
USD:
0.82
NDVLY:
0.14
USD:
1.50
NDVLY:
1.02
USD:
1.20
NDVLY:
-0.50
USD:
1.49
NDVLY:
-1.48
USD:
3.39
NDVLY:
32.36%
USD:
21.03%
NDVLY:
125.52%
USD:
86.54%
NDVLY:
-95.89%
USD:
-88.61%
NDVLY:
-95.60%
USD:
-23.60%
Returns By Period
In the year-to-date period, NDVLY achieves a -6.06% return, which is significantly lower than USD's -3.58% return. Over the past 10 years, NDVLY has underperformed USD with an annualized return of -17.16%, while USD has yielded a comparatively higher 43.59% annualized return.
NDVLY
-6.06%
-7.35%
-27.91%
-51.24%
-35.26%
-17.16%
USD
-3.58%
-17.53%
-3.88%
48.34%
50.23%
43.59%
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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.
Dividends
NDVLY vs. USD - Dividend Comparison
NDVLY's dividend yield for the trailing twelve months is around 4.19%, more than USD's 0.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDVLY New World Development Co Ltd ADR | 4.19% | 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 | 0.11% | 0.10% | 0.10% | 0.59% | 0.00% | 0.20% | 1.24% | 1.45% | 0.41% | 7.20% | 0.54% | 3.42% |
Drawdowns
NDVLY vs. USD - Drawdown Comparison
The maximum NDVLY drawdown since its inception was -95.89%, which is greater than USD's maximum drawdown of -88.61%. Use the drawdown chart below to compare losses from any high point for NDVLY and USD. For additional features, visit the drawdowns tool.
Volatility
NDVLY vs. USD - Volatility Comparison
New World Development Co Ltd ADR (NDVLY) has a higher volatility of 39.62% compared to ProShares Ultra Semiconductors (USD) at 37.72%. 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.