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ONLN vs. VONG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ONLN and VONG is 0.75, 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.


-0.50.00.51.00.8

Performance

ONLN vs. VONG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Online Retail ETF (ONLN) and Vanguard Russell 1000 Growth ETF (VONG). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
15.21%
187.12%
ONLN
VONG

Key characteristics

Sharpe Ratio

ONLN:

1.24

VONG:

1.99

Sortino Ratio

ONLN:

1.82

VONG:

2.59

Omega Ratio

ONLN:

1.21

VONG:

1.36

Calmar Ratio

ONLN:

0.43

VONG:

2.61

Martin Ratio

ONLN:

6.38

VONG:

10.24

Ulcer Index

ONLN:

4.38%

VONG:

3.34%

Daily Std Dev

ONLN:

22.50%

VONG:

17.20%

Max Drawdown

ONLN:

-71.77%

VONG:

-32.72%

Current Drawdown

ONLN:

-50.60%

VONG:

-3.74%

Returns By Period

In the year-to-date period, ONLN achieves a 26.71% return, which is significantly lower than VONG's 33.66% return.


ONLN

YTD

26.71%

1M

2.43%

6M

13.56%

1Y

24.60%

5Y*

5.22%

10Y*

N/A

VONG

YTD

33.66%

1M

3.67%

6M

10.06%

1Y

33.57%

5Y*

19.14%

10Y*

16.68%

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ONLN vs. VONG - Expense Ratio Comparison

ONLN has a 0.58% expense ratio, which is higher than VONG's 0.08% expense ratio.


ONLN
ProShares Online Retail ETF
Expense ratio chart for ONLN: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%
Expense ratio chart for VONG: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

ONLN vs. VONG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Online Retail ETF (ONLN) and Vanguard Russell 1000 Growth ETF (VONG). 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 ONLN, currently valued at 1.24, compared to the broader market0.002.004.001.241.99
The chart of Sortino ratio for ONLN, currently valued at 1.82, compared to the broader market-2.000.002.004.006.008.0010.001.822.59
The chart of Omega ratio for ONLN, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.001.211.36
The chart of Calmar ratio for ONLN, currently valued at 0.43, compared to the broader market0.005.0010.0015.000.432.61
The chart of Martin ratio for ONLN, currently valued at 6.38, compared to the broader market0.0020.0040.0060.0080.00100.006.3810.24
ONLN
VONG

The current ONLN Sharpe Ratio is 1.24, which is lower than the VONG Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of ONLN and VONG, 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 Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.24
1.99
ONLN
VONG

Dividends

ONLN vs. VONG - Dividend Comparison

ONLN's dividend yield for the trailing twelve months is around 0.20%, less than VONG's 0.42% yield.


TTM20232022202120202019201820172016201520142013
ONLN
ProShares Online Retail ETF
0.20%0.00%0.00%0.00%1.24%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VONG
Vanguard Russell 1000 Growth ETF
0.42%0.71%0.98%0.58%0.77%1.03%1.18%1.19%1.48%1.47%1.43%1.28%

Drawdowns

ONLN vs. VONG - Drawdown Comparison

The maximum ONLN drawdown since its inception was -71.77%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for ONLN and VONG. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-50.60%
-3.74%
ONLN
VONG

Volatility

ONLN vs. VONG - Volatility Comparison

ProShares Online Retail ETF (ONLN) has a higher volatility of 6.83% compared to Vanguard Russell 1000 Growth ETF (VONG) at 4.95%. This indicates that ONLN's price experiences larger fluctuations and is considered to be riskier than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.83%
4.95%
ONLN
VONG
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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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