REK vs. CELH

Last updated Jun 4, 2026

REK (ProShares Short Real Estate) is REIT fund tracking the DJ Global United States (All) / Real Estate -SS (-100%), while CELH (Celsius Holdings, Inc.) is a stock. Over the past 10 years, REK returned -6.20%/yr vs 42.93%/yr for CELH. At a correlation of -0.21, they often move in opposite directions.

Performance

REK vs. CELH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Short Real Estate (REK) and Celsius Holdings, Inc. (CELH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REK achieves a -6.58% return, which is significantly higher than CELH's -34.39% return. Over the past 10 years, REK has underperformed CELH with an annualized return of -6.20%, while CELH has yielded a comparatively higher 42.93% annualized return.

REK

• 1D: -0.49%
• 1M: 1.33%
• YTD: -6.58%
• 6M: -5.51%
• 1Y: -2.96%
• 3Y*: -3.69%
• 5Y*: -0.14%
• 10Y*: -6.20%

CELH

• 1D: -1.74%
• 1M: -10.60%
• YTD: -34.39%
• 6M: -28.55%
• 1Y: -23.40%
• 3Y*: -13.31%
• 5Y*: 2.88%
• 10Y*: 42.93%

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

REK vs. CELH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
REK ProShares Short Real Estate	-6.58%	2.35%	1.42%	-6.61%	29.17%	-30.58%	-11.33%	-20.96%	4.61%	-9.34%
CELH Celsius Holdings, Inc.	-34.39%	73.65%	-51.69%	57.21%	39.52%	48.22%	941.61%	39.19%	-33.90%	114.29%

Correlation

The correlation between REK and CELH is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	-0.17
Correlation (5Y) Calculated over the trailing 5-year period	-0.26
Correlation (10Y) Calculated over the trailing 10-year period	-0.21
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	-0.21

The correlation between REK and CELH shifts across timeframes, from -0.26 (5 years) to -0.09 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

REK vs. CELH — Risk / Return Rank

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

REK

REK Risk / Return Rank: 6
REK Sharpe Ratio Rank: 7
REK Sortino Ratio Rank: 6
REK Omega Ratio Rank: 6
REK Calmar Ratio Rank: 6
REK Martin Ratio Rank: 6

CELH

CELH Risk / Return Rank: 24
CELH Sharpe Ratio Rank: 22
CELH Sortino Ratio Rank: 24
CELH Omega Ratio Rank: 24
CELH Calmar Ratio Rank: 27
CELH Martin Ratio Rank: 25

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.

REK vs. CELH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Short Real Estate (REK) and Celsius Holdings, Inc. (CELH). 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.

	REK	CELH	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	-0.42	+0.20
Sortino ratio: Return per unit of downside risk	-0.23	-0.25	+0.02
Omega ratio: Gain probability vs. loss probability	0.97	0.97	+0.01
Calmar ratio: Return relative to maximum drawdown	-0.29	-0.41	+0.12
Martin ratio: Return relative to average drawdown	-0.67	-0.82	+0.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REK vs. CELH - Sharpe Ratio Comparison

The current REK Sharpe Ratio is -0.22, which is higher than the CELH Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of REK and CELH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	REK	CELH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	-0.42	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	0.04	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.31	0.63	-0.94
Sharpe Ratio (All Time) Calculated using the full available price history	-0.49	0.66	-1.15

Drawdowns

REK vs. CELH - Drawdown Comparison

The maximum REK drawdown since its inception was -84.57%, which is greater than CELH's maximum drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for REK and CELH.

Drawdown Indicators

	REK	CELH	Difference
Max Drawdown Largest peak-to-trough decline	-84.57%	-77.86%	-6.71%
Max Drawdown (1Y) Largest decline over 1 year	-10.23%	-57.05%	+46.82%
Max Drawdown (3Y) Largest decline over 3 years	-26.93%	-77.86%	+50.93%
Max Drawdown (5Y) Largest decline over 5 years	-26.93%	-77.86%	+50.93%
Max Drawdown (10Y) Largest decline over 10 years	-58.67%	-77.86%	+19.19%
Current Drawdown Current decline from peak	-81.95%	-68.78%	-13.17%
Average Drawdown Average peak-to-trough decline	-64.08%	-27.81%	-36.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.42%	28.67%	-24.25%

Volatility

REK vs. CELH - Volatility Comparison

The current volatility for ProShares Short Real Estate (REK) is 3.91%, while Celsius Holdings, Inc. (CELH) has a volatility of 18.17%. This indicates that REK experiences smaller price fluctuations and is considered to be less risky than CELH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REK	CELH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.91%	18.17%	-14.26%
Volatility (6M) Calculated over the trailing 6-month period	9.67%	37.10%	-27.43%
Volatility (1Y) Calculated over the trailing 1-year period	13.42%	56.10%	-42.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.86%	65.87%	-47.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.30%	68.91%	-48.61%

Dividends

REK vs. CELH - Dividend Comparison

REK's dividend yield for the trailing twelve months is around 3.27%, while CELH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CELH Celsius Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
REK ProShares Short Real Estate	3.27%	3.43%	6.22%	4.50%	0.48%	0.00%	0.07%	1.28%	0.43%

Frequently Asked Questions

Can I hold both REK and CELH in my portfolio?

REK and CELH have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REK or CELH?

CELH has higher volatility (18.17%) compared to REK (3.91%). In terms of maximum drawdown, REK dropped -84.57% vs CELH's -77.86%.

Which has better risk-adjusted returns?

REK currently has the higher Sharpe Ratio (-0.22 vs -0.42), 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.