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PEX vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between PEX and ^GSPC is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

PEX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Global Listed Private Equity ETF (PEX) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%300.00%NovemberDecember2025FebruaryMarchApril
109.25%
256.28%
PEX
^GSPC

Key characteristics

Sharpe Ratio

PEX:

0.38

^GSPC:

0.25

Sortino Ratio

PEX:

0.59

^GSPC:

0.41

Omega Ratio

PEX:

1.07

^GSPC:

1.06

Calmar Ratio

PEX:

0.54

^GSPC:

0.30

Martin Ratio

PEX:

1.80

^GSPC:

1.15

Ulcer Index

PEX:

2.70%

^GSPC:

3.18%

Daily Std Dev

PEX:

12.76%

^GSPC:

14.78%

Max Drawdown

PEX:

-49.17%

^GSPC:

-56.78%

Current Drawdown

PEX:

-8.19%

^GSPC:

-12.17%

Returns By Period

In the year-to-date period, PEX achieves a -2.47% return, which is significantly higher than ^GSPC's -8.25% return. Over the past 10 years, PEX has underperformed ^GSPC with an annualized return of 6.04%, while ^GSPC has yielded a comparatively higher 10.02% annualized return.


PEX

YTD

-2.47%

1M

-4.87%

6M

-0.24%

1Y

4.45%

5Y*

18.12%

10Y*

6.04%

^GSPC

YTD

-8.25%

1M

-6.60%

6M

-5.32%

1Y

3.55%

5Y*

16.80%

10Y*

10.02%

*Annualized

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

PEX vs. ^GSPC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PEX
The Risk-Adjusted Performance Rank of PEX is 5757
Overall Rank
The Sharpe Ratio Rank of PEX is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of PEX is 5353
Sortino Ratio Rank
The Omega Ratio Rank of PEX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of PEX is 6565
Calmar Ratio Rank
The Martin Ratio Rank of PEX is 6060
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 5757
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 5353
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 5454
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 6161
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PEX vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Global Listed Private Equity ETF (PEX) and S&P 500 (^GSPC). 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 PEX, currently valued at 0.38, compared to the broader market0.002.004.00
PEX: 0.38
^GSPC: 0.25
The chart of Sortino ratio for PEX, currently valued at 0.59, compared to the broader market-2.000.002.004.006.008.0010.0012.00
PEX: 0.59
^GSPC: 0.41
The chart of Omega ratio for PEX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.00
PEX: 1.07
^GSPC: 1.06
The chart of Calmar ratio for PEX, currently valued at 0.54, compared to the broader market0.005.0010.0015.00
PEX: 0.54
^GSPC: 0.30
The chart of Martin ratio for PEX, currently valued at 1.80, compared to the broader market0.0020.0040.0060.0080.00100.00
PEX: 1.80
^GSPC: 1.15

The current PEX Sharpe Ratio is 0.38, which is higher than the ^GSPC Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of PEX and ^GSPC, 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 Ratio0.000.501.001.502.002.503.003.50NovemberDecember2025FebruaryMarchApril
0.38
0.25
PEX
^GSPC

Drawdowns

PEX vs. ^GSPC - Drawdown Comparison

The maximum PEX drawdown since its inception was -49.17%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PEX and ^GSPC. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-8.19%
-12.17%
PEX
^GSPC

Volatility

PEX vs. ^GSPC - Volatility Comparison

The current volatility for ProShares Global Listed Private Equity ETF (PEX) is 5.25%, while S&P 500 (^GSPC) has a volatility of 7.38%. This indicates that PEX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2025FebruaryMarchApril
5.25%
7.38%
PEX
^GSPC
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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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