PLMR vs. USD

Last updated Apr 2, 2026

Compare and contrast key facts about Palomar Holdings, Inc. (PLMR) 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.

Performance

PLMR vs. USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Palomar Holdings, Inc. (PLMR) and ProShares Ultra Semiconductors (USD). The values are adjusted to include any dividend payments, if applicable.

PLMR vs. USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PLMR Palomar Holdings, Inc.	-13.43%	27.63%	90.25%	22.90%	-30.28%	-27.09%	75.96%	165.88%
USD ProShares Ultra Semiconductors	-4.90%	62.08%	139.64%	228.79%	-68.57%	104.27%	68.16%	22.64%

Returns By Period

In the year-to-date period, PLMR achieves a -13.43% return, which is significantly lower than USD's -4.90% return.

PLMR

• 1D: -2.38%
• 1M: -7.85%
• YTD: -13.43%
• 6M: 6.15%
• 1Y: -15.79%
• 3Y*: 28.33%
• 5Y*: 11.23%
• 10Y*: —

USD

• 1D: 4.03%
• 1M: -7.90%
• YTD: -4.90%
• 6M: -1.21%
• 1Y: 145.25%
• 3Y*: 90.90%
• 5Y*: 44.58%
• 10Y*: 50.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PLMR vs. USD — Risk / Return Rank

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

PLMR

PLMR Risk / Return Rank: 25
PLMR Sharpe Ratio Rank: 22
PLMR Sortino Ratio Rank: 21
PLMR Omega Ratio Rank: 21
PLMR Calmar Ratio Rank: 28
PLMR Martin Ratio Rank: 31

USD

USD Risk / Return Rank: 89
USD Sharpe Ratio Rank: 88
USD Sortino Ratio Rank: 87
USD Omega Ratio Rank: 83
USD Calmar Ratio Rank: 96
USD Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLMR vs. USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Palomar Holdings, Inc. (PLMR) 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.

	PLMR	USD	Difference
Sharpe ratio Return per unit of total volatility	-0.42	1.90	-2.32
Sortino ratio Return per unit of downside risk	-0.36	2.44	-2.80
Omega ratio Gain probability vs. loss probability	0.95	1.34	-0.38
Calmar ratio Return relative to maximum drawdown	-0.40	4.67	-5.07
Martin ratio Return relative to average drawdown	-0.58	12.81	-13.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLMR vs. USD - Sharpe Ratio Comparison

The current PLMR Sharpe Ratio is -0.42, which is lower than the USD Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of PLMR and USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PLMR	USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.42	1.90	-2.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.59	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.41	+0.21

Correlation

The correlation between PLMR and USD is 0.24, 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.

Dividends

PLMR vs. USD - Dividend Comparison

PLMR has not paid dividends to shareholders, while USD's dividend yield for the trailing twelve months is around 0.48%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLMR Palomar Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USD ProShares Ultra Semiconductors	0.48%	0.39%	0.10%	0.05%	0.30%	0.00%	0.14%	0.72%	0.93%	0.32%	0.46%	0.39%

Drawdowns

PLMR vs. USD - Drawdown Comparison

The maximum PLMR drawdown since its inception was -62.86%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for PLMR and USD.

Drawdown Indicators

	PLMR	USD	Difference
Max Drawdown Largest peak-to-trough decline	-62.86%	-88.63%	+25.77%
Max Drawdown (1Y) Largest decline over 1 year	-37.44%	-31.80%	-5.64%
Max Drawdown (5Y) Largest decline over 5 years	-53.81%	-77.85%	+24.04%
Max Drawdown (10Y) Largest decline over 10 years	—	-77.85%	—
Current Drawdown Current decline from peak	-33.59%	-21.24%	-12.35%
Average Drawdown Average peak-to-trough decline	-28.71%	-32.60%	+3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.77%	11.60%	+14.17%

Volatility

PLMR vs. USD - Volatility Comparison

The current volatility for Palomar Holdings, Inc. (PLMR) is 8.20%, while ProShares Ultra Semiconductors (USD) has a volatility of 21.67%. This indicates that PLMR experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLMR	USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.20%	21.67%	-13.47%
Volatility (6M) Calculated over the trailing 6-month period	23.54%	48.73%	-25.19%
Volatility (1Y) Calculated over the trailing 1-year period	37.60%	77.08%	-39.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.68%	76.24%	-33.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.17%	68.85%	-20.68%