RDIV vs. USD

Last updated Jul 18, 2026

RDIV (Invesco S&P Ultra Dividend Revenue ETF) and USD (ProShares Ultra Semiconductors) are both exchange-traded funds - RDIV is a Mid Cap Value Equities fund tracking the S&P 900 Dividend Revenue-Weighted Index, while USD is a Leveraged Equities fund tracking the Dow Jones U.S. Semiconductors Index (200%). Both are passively managed. Over the past 10 years, RDIV returned 10.91%/yr vs 55.77%/yr for USD. At a 0.37 correlation, their price movements are largely independent. RDIV charges 0.39%/yr vs 0.95%/yr for USD.

Performance

RDIV vs. USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Ultra Dividend Revenue ETF (RDIV) and ProShares Ultra Semiconductors (USD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDIV achieves a 20.45% return, which is significantly lower than USD's 57.07% return. Over the past 10 years, RDIV has underperformed USD with an annualized return of 10.91%, while USD has yielded a comparatively higher 55.77% annualized return.

RDIV

• 1D: -0.23%
• 1M: 7.49%
• 6M: 16.97%
• YTD: 20.45%
• 1Y: 31.37%
• 3Y*: 19.68%
• 5Y*: 13.73%
• 10Y*: 10.91%

USD

• 1D: -3.79%
• 1M: -16.88%
• 6M: 43.24%
• YTD: 57.07%
• 1Y: 96.75%
• 3Y*: 90.78%
• 5Y*: 60.45%
• 10Y*: 55.77%

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

RDIV vs. USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RDIV Invesco S&P Ultra Dividend Revenue ETF	20.45%	12.36%	15.17%	4.66%	7.16%	29.12%	-9.31%	22.62%	-4.78%	11.63%
USD ProShares Ultra Semiconductors	57.07%	62.08%	139.64%	228.79%	-68.57%	104.27%	68.16%	110.37%	-26.88%	81.72%

Correlation

The correlation between RDIV and USD is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Oct 1, 2013	0.37

The correlation between RDIV and USD shifts across timeframes, from -0.11 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.

RDIV vs. USD - Sectors Allocation Comparison

Sectors	RDIV	USD
Financial Services	17.8%	32.0%
Energy	17.3%	0.0%
Consumer Cyclical	15.0%	-
Consumer Defensive	14.6%	-
Communication Services	8.8%	-
Real Estate	7.3%	-
Healthcare	6.8%	-
Technology	6.2%	30.7%
Utilities	6.2%	-
Basic Materials	0.5%	-
Industrials	-	-

Return for Risk

RDIV vs. USD — Risk / Return Rank

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

RDIV

RDIV Risk / Return Rank: 91
RDIV Sharpe Ratio Rank: 89
RDIV Sortino Ratio Rank: 90
RDIV Omega Ratio Rank: 85
RDIV Calmar Ratio Rank: 96
RDIV Martin Ratio Rank: 93

USD

USD Risk / Return Rank: 54
USD Sharpe Ratio Rank: 49
USD Sortino Ratio Rank: 44
USD Omega Ratio Rank: 47
USD Calmar Ratio Rank: 75
USD Martin Ratio Rank: 57

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.

RDIV vs. USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Ultra Dividend Revenue ETF (RDIV) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RDIV	USD	Difference
Sharpe ratio: Return per unit of total volatility	2.36	1.37	+0.99
Sortino ratio: Return per unit of downside risk	3.44	1.87	+1.56
Omega ratio: Gain probability vs. loss probability	1.41	1.24	+0.17
Calmar ratio: Return relative to maximum drawdown	6.50	3.06	+3.45
Martin ratio: Return relative to average drawdown	18.71	7.80	+10.91

RDIV vs. USD - Sharpe Ratio Comparison

The current RDIV Sharpe Ratio is 2.36, which is higher than the USD Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of RDIV and USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RDIV vs. USD - Drawdown Comparison

The maximum RDIV drawdown since its inception was -49.97%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for RDIV and USD.

Drawdown Indicators

	RDIV	USD	Difference
Max Drawdown Largest peak-to-trough decline	-49.97%	-88.63%	+38.66%
Max Drawdown (1Y) Largest decline over 1 year	-4.84%	-31.80%	+26.96%
Max Drawdown (3Y) Largest decline over 3 years	-17.91%	-64.46%	+46.55%
Max Drawdown (5Y) Largest decline over 5 years	-24.89%	-77.85%	+52.96%
Max Drawdown (10Y) Largest decline over 10 years	-49.97%	-77.85%	+27.88%
Current Drawdown Current decline from peak	-0.23%	-27.44%	+27.21%
Average Drawdown Average peak-to-trough decline	-5.82%	-32.24%	+26.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	12.44%	-10.76%

Volatility

RDIV vs. USD - Volatility Comparison

The current volatility for Invesco S&P Ultra Dividend Revenue ETF (RDIV) is 4.51%, while ProShares Ultra Semiconductors (USD) has a volatility of 29.85%. This indicates that RDIV 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

	RDIV	USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	29.85%	-25.34%
Volatility (6M) Calculated over the trailing 6-month period	9.03%	58.53%	-49.50%
Volatility (1Y) Calculated over the trailing 1-year period	13.37%	71.17%	-57.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.44%	78.27%	-60.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.84%	70.11%	-48.27%

RDIV vs. USD - Expense Ratio Comparison

RDIV has a 0.39% expense ratio, which is lower than USD's 0.95% expense ratio.

Dividends

RDIV vs. USD - Dividend Comparison

RDIV's dividend yield for the trailing twelve months is around 3.52%, more than USD's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RDIV Invesco S&P Ultra Dividend Revenue ETF	3.52%	3.94%	4.08%	3.93%	3.44%	3.31%	4.93%	3.84%	4.32%	4.26%	2.20%	4.49%
USD ProShares Ultra Semiconductors	0.37%	0.39%	0.10%	0.05%	0.30%	0.00%	0.14%	0.72%	0.93%	0.32%	0.46%	0.39%

Frequently Asked Questions

Can I hold both RDIV and USD in my portfolio?

RDIV and USD have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDIV or USD?

USD has higher volatility (29.85%) compared to RDIV (4.51%). In terms of maximum drawdown, RDIV dropped -49.97% vs USD's -88.63%.

Which ETF is better, RDIV or USD?

On 10-year performance, USD leads with 55.77% vs 10.91% for RDIV. On fees, RDIV is cheaper at 0.39% per year. On volatility, RDIV has been the lower-risk option at 4.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDIV or USD?

Over the 10-year period, USD has performed better with a 55.77% return vs 10.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDIV or USD?

RDIV is cheaper with a 0.39% expense ratio, compared with 0.95% for USD.

Which ETF pays a higher dividend yield, RDIV or USD?

RDIV has the higher dividend yield at 3.52%, compared with 0.37% for USD.

What is the main difference between RDIV and USD?

RDIV is categorized as Mid Cap Value Equities, while USD is Leveraged Equities. RDIV tracks S&P 900 Dividend Revenue-Weighted Index, while USD tracks Dow Jones U.S. Semiconductors Index (200%). They also come from different issuers: Invesco and ProShares. Their fees differ too: 0.39% for RDIV and 0.95% for USD.

Which has better risk-adjusted returns?

RDIV currently has the higher Sharpe Ratio (2.36 vs 1.37), 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.