PROK vs. SHLD
PROK (ProKidney Corp.) is a stock, while SHLD (Global X Defense Tech ETF) is Aerospace & Defense fund tracking the Global X Defense Tech Index. Over the past year, PROK returned 134.47% vs 11.52% for SHLD. At a 0.20 correlation, their price movements are largely independent.
Performance
PROK vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, PROK achieves a -17.41% return, which is significantly lower than SHLD's -0.74% return.
PROK
- 1D
- 6.94%
- 1M
- -3.65%
- YTD
- -17.41%
- 6M
- -28.02%
- 1Y
- 134.47%
- 3Y*
- -46.57%
- 5Y*
- —
- 10Y*
- —
SHLD
- 1D
- 1.58%
- 1M
- -4.77%
- YTD
- -0.74%
- 6M
- 2.22%
- 1Y
- 11.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PROK vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PROK ProKidney Corp. | -17.41% | 32.54% | -5.06% | -75.31% |
SHLD Global X Defense Tech ETF | -0.74% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between PROK and SHLD is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023 | 0.20 |
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Return for Risk
PROK vs. SHLD — Risk / Return Rank
PROK
SHLD
PROK vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProKidney Corp. (PROK) and Global X Defense Tech ETF (SHLD). 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.
| PROK | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | +6.04 | ||
| Omega ratioGain probability vs. loss probability | 1.79 | 1.10 | +0.69 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 0.58 | +1.35 |
| Martin ratioReturn relative to average drawdown | 2.55 | 1.52 | +1.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PROK | SHLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.26 | 0.48 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 2.03 | -2.15 |
Drawdowns
PROK vs. SHLD - Drawdown Comparison
The maximum PROK drawdown since its inception was -96.29%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for PROK and SHLD.
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Drawdown Indicators
| PROK | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.29% | -20.10% | -76.19% |
Max Drawdown (1Y)Largest decline over 1 year | -70.08% | -20.10% | -49.98% |
Max Drawdown (3Y)Largest decline over 3 years | -96.09% | — | — |
Current DrawdownCurrent decline from peak | -86.57% | -17.57% | -69.00% |
Average DrawdownAverage peak-to-trough decline | -65.10% | -3.21% | -61.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.99% | 7.60% | +45.39% |
Volatility
PROK vs. SHLD - Volatility Comparison
ProKidney Corp. (PROK) has a higher volatility of 19.88% compared to Global X Defense Tech ETF (SHLD) at 8.02%. This indicates that PROK's price experiences larger fluctuations and is considered to be riskier than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PROK | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.88% | 8.02% | +11.86% |
Volatility (6M)Calculated over the trailing 6-month period | 51.38% | 19.39% | +31.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 525.53% | 24.08% | +501.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 284.71% | 21.14% | +263.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 284.71% | 21.14% | +263.57% |
Dividends
PROK vs. SHLD - Dividend Comparison
PROK has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.55%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
PROK ProKidney Corp. | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD Global X Defense Tech ETF | 0.55% | 0.55% | 0.53% | 0.26% |
Frequently Asked Questions
PROK and SHLD have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PROK has higher volatility (19.88%) compared to SHLD (8.02%). In terms of maximum drawdown, PROK dropped -96.29% vs SHLD's -20.10%.
SHLD currently has the higher Sharpe Ratio (0.48 vs 0.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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