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PYZ vs. UYM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PYZ and UYM is 0.77, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

PYZ vs. UYM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DWA Basic Materials Momentum ETF (PYZ) and ProShares Ultra Basic Materials (UYM). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%250.00%300.00%NovemberDecember2025FebruaryMarchApril
246.29%
57.30%
PYZ
UYM

Key characteristics

Sharpe Ratio

PYZ:

-0.23

UYM:

-0.45

Sortino Ratio

PYZ:

-0.17

UYM:

-0.43

Omega Ratio

PYZ:

0.98

UYM:

0.94

Calmar Ratio

PYZ:

-0.20

UYM:

-0.40

Martin Ratio

PYZ:

-0.66

UYM:

-1.14

Ulcer Index

PYZ:

8.34%

UYM:

15.54%

Daily Std Dev

PYZ:

23.61%

UYM:

39.16%

Max Drawdown

PYZ:

-65.15%

UYM:

-92.77%

Current Drawdown

PYZ:

-17.53%

UYM:

-31.11%

Returns By Period

In the year-to-date period, PYZ achieves a -4.68% return, which is significantly higher than UYM's -6.52% return. Both investments have delivered pretty close results over the past 10 years, with PYZ having a 5.50% annualized return and UYM not far ahead at 5.76%.


PYZ

YTD

-4.68%

1M

-2.63%

6M

-12.78%

1Y

-5.37%

5Y*

13.04%

10Y*

5.50%

UYM

YTD

-6.52%

1M

-7.94%

6M

-25.41%

1Y

-19.98%

5Y*

17.65%

10Y*

5.76%

*Annualized

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PYZ vs. UYM - Expense Ratio Comparison

PYZ has a 0.60% expense ratio, which is lower than UYM's 0.95% expense ratio.


Expense ratio chart for UYM: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
UYM: 0.95%
Expense ratio chart for PYZ: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PYZ: 0.60%

Risk-Adjusted Performance

PYZ vs. UYM — Risk-Adjusted Performance Rank

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

PYZ
The Risk-Adjusted Performance Rank of PYZ is 1111
Overall Rank
The Sharpe Ratio Rank of PYZ is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of PYZ is 1111
Sortino Ratio Rank
The Omega Ratio Rank of PYZ is 1111
Omega Ratio Rank
The Calmar Ratio Rank of PYZ is 1010
Calmar Ratio Rank
The Martin Ratio Rank of PYZ is 1010
Martin Ratio Rank

UYM
The Risk-Adjusted Performance Rank of UYM is 66
Overall Rank
The Sharpe Ratio Rank of UYM is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of UYM is 77
Sortino Ratio Rank
The Omega Ratio Rank of UYM is 77
Omega Ratio Rank
The Calmar Ratio Rank of UYM is 44
Calmar Ratio Rank
The Martin Ratio Rank of UYM is 55
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.

PYZ vs. UYM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Basic Materials Momentum ETF (PYZ) and ProShares Ultra Basic Materials (UYM). 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.


The chart of Sharpe ratio for PYZ, currently valued at -0.23, compared to the broader market-1.000.001.002.003.004.00
PYZ: -0.23
UYM: -0.45
The chart of Sortino ratio for PYZ, currently valued at -0.17, compared to the broader market-2.000.002.004.006.008.00
PYZ: -0.17
UYM: -0.43
The chart of Omega ratio for PYZ, currently valued at 0.98, compared to the broader market0.501.001.502.002.50
PYZ: 0.98
UYM: 0.94
The chart of Calmar ratio for PYZ, currently valued at -0.20, compared to the broader market0.002.004.006.008.0010.0012.00
PYZ: -0.20
UYM: -0.40
The chart of Martin ratio for PYZ, currently valued at -0.66, compared to the broader market0.0020.0040.0060.00
PYZ: -0.66
UYM: -1.14

The current PYZ Sharpe Ratio is -0.23, which is higher than the UYM Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of PYZ and UYM, 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 Ratio-1.50-1.00-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
-0.23
-0.45
PYZ
UYM

Dividends

PYZ vs. UYM - Dividend Comparison

PYZ's dividend yield for the trailing twelve months is around 1.21%, more than UYM's 1.18% yield.


TTM20242023202220212020201920182017201620152014
PYZ
Invesco DWA Basic Materials Momentum ETF
1.21%1.13%1.19%1.18%0.33%1.04%1.38%1.20%0.53%1.07%1.25%1.02%
UYM
ProShares Ultra Basic Materials
1.18%0.97%0.28%0.87%0.52%0.56%1.24%0.94%0.38%0.55%0.42%0.42%

Drawdowns

PYZ vs. UYM - Drawdown Comparison

The maximum PYZ drawdown since its inception was -65.15%, smaller than the maximum UYM drawdown of -92.77%. Use the drawdown chart below to compare losses from any high point for PYZ and UYM. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-17.53%
-31.11%
PYZ
UYM

Volatility

PYZ vs. UYM - Volatility Comparison

The current volatility for Invesco DWA Basic Materials Momentum ETF (PYZ) is 15.08%, while ProShares Ultra Basic Materials (UYM) has a volatility of 28.16%. This indicates that PYZ experiences smaller price fluctuations and is considered to be less risky than UYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
15.08%
28.16%
PYZ
UYM