PortfoliosLab logo
RATE vs. UJB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RATE and UJB is 0.71, 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.


Performance

RATE vs. UJB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Interest Rate Hedge ETF (RATE) and ProShares Ultra High Yield (UJB). The values are adjusted to include any dividend payments, if applicable.

15.00%20.00%25.00%30.00%35.00%40.00%December2025FebruaryMarchAprilMay
20.17%
35.31%
RATE
UJB

Key characteristics

Sharpe Ratio

RATE:

-0.43

UJB:

1.06

Sortino Ratio

RATE:

-0.50

UJB:

1.57

Omega Ratio

RATE:

0.94

UJB:

1.22

Calmar Ratio

RATE:

-0.33

UJB:

1.13

Martin Ratio

RATE:

-0.88

UJB:

6.16

Ulcer Index

RATE:

10.61%

UJB:

1.92%

Daily Std Dev

RATE:

21.69%

UJB:

11.17%

Max Drawdown

RATE:

-28.48%

UJB:

-40.14%

Current Drawdown

RATE:

-18.25%

UJB:

-2.04%

Returns By Period

In the year-to-date period, RATE achieves a -4.93% return, which is significantly lower than UJB's 1.72% return.


RATE

YTD

-4.93%

1M

3.95%

6M

-1.35%

1Y

-6.65%

5Y*

N/A

10Y*

N/A

UJB

YTD

1.72%

1M

5.16%

6M

1.87%

1Y

9.83%

5Y*

6.68%

10Y*

4.90%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


RATE vs. UJB - Expense Ratio Comparison

RATE has a 0.50% expense ratio, which is lower than UJB's 1.27% expense ratio.


Risk-Adjusted Performance

RATE vs. UJB — Risk-Adjusted Performance Rank

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

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

UJB
The Risk-Adjusted Performance Rank of UJB is 8181
Overall Rank
The Sharpe Ratio Rank of UJB is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of UJB is 8080
Sortino Ratio Rank
The Omega Ratio Rank of UJB is 8080
Omega Ratio Rank
The Calmar Ratio Rank of UJB is 8282
Calmar Ratio Rank
The Martin Ratio Rank of UJB is 8686
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.

RATE vs. UJB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Interest Rate Hedge ETF (RATE) and ProShares Ultra High Yield (UJB). 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 current RATE Sharpe Ratio is -0.43, which is lower than the UJB Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of RATE and UJB, 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-1.000.001.002.003.00December2025FebruaryMarchAprilMay
-0.43
1.06
RATE
UJB

Dividends

RATE vs. UJB - Dividend Comparison

RATE's dividend yield for the trailing twelve months is around 4.43%, more than UJB's 3.16% yield.


TTM20242023202220212020201920182017201620152014
RATE
Global X Interest Rate Hedge ETF
4.43%4.20%35.06%15.44%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
UJB
ProShares Ultra High Yield
3.16%3.02%3.92%0.05%0.31%2.88%3.95%3.22%2.67%2.35%3.62%0.31%

Drawdowns

RATE vs. UJB - Drawdown Comparison

The maximum RATE drawdown since its inception was -28.48%, smaller than the maximum UJB drawdown of -40.14%. Use the drawdown chart below to compare losses from any high point for RATE and UJB. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-18.25%
-2.04%
RATE
UJB

Volatility

RATE vs. UJB - Volatility Comparison

Global X Interest Rate Hedge ETF (RATE) has a higher volatility of 8.75% compared to ProShares Ultra High Yield (UJB) at 7.99%. This indicates that RATE's price experiences larger fluctuations and is considered to be riskier than UJB 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%December2025FebruaryMarchAprilMay
8.75%
7.99%
RATE
UJB