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ROM vs. AAPL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ROM and AAPL is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

ROM vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Technology (ROM) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ROM:

0.11

AAPL:

0.32

Sortino Ratio

ROM:

0.55

AAPL:

0.69

Omega Ratio

ROM:

1.07

AAPL:

1.10

Calmar Ratio

ROM:

0.11

AAPL:

0.32

Martin Ratio

ROM:

0.30

AAPL:

1.04

Ulcer Index

ROM:

17.96%

AAPL:

10.20%

Daily Std Dev

ROM:

60.55%

AAPL:

32.96%

Max Drawdown

ROM:

-83.36%

AAPL:

-81.80%

Current Drawdown

ROM:

-14.56%

AAPL:

-19.20%

Returns By Period

In the year-to-date period, ROM achieves a -5.59% return, which is significantly higher than AAPL's -16.43% return. Over the past 10 years, ROM has outperformed AAPL with an annualized return of 28.88%, while AAPL has yielded a comparatively lower 21.54% annualized return.


ROM

YTD

-5.59%

1M

46.18%

6M

-3.73%

1Y

6.73%

3Y*

28.57%

5Y*

26.43%

10Y*

28.88%

AAPL

YTD

-16.43%

1M

6.13%

6M

-8.22%

1Y

10.47%

3Y*

15.52%

5Y*

21.90%

10Y*

21.54%

*Annualized

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ProShares Ultra Technology

Apple Inc

Risk-Adjusted Performance

ROM vs. AAPL — Risk-Adjusted Performance Rank

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

ROM
The Risk-Adjusted Performance Rank of ROM is 2424
Overall Rank
The Sharpe Ratio Rank of ROM is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of ROM is 3030
Sortino Ratio Rank
The Omega Ratio Rank of ROM is 3030
Omega Ratio Rank
The Calmar Ratio Rank of ROM is 2121
Calmar Ratio Rank
The Martin Ratio Rank of ROM is 1919
Martin Ratio Rank

AAPL
The Risk-Adjusted Performance Rank of AAPL is 6161
Overall Rank
The Sharpe Ratio Rank of AAPL is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of AAPL is 5656
Sortino Ratio Rank
The Omega Ratio Rank of AAPL is 5757
Omega Ratio Rank
The Calmar Ratio Rank of AAPL is 6666
Calmar Ratio Rank
The Martin Ratio Rank of AAPL is 6464
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.

ROM vs. AAPL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Technology (ROM) and Apple Inc (AAPL). 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 ROM Sharpe Ratio is 0.11, which is lower than the AAPL Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of ROM and AAPL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ROM vs. AAPL - Dividend Comparison

ROM's dividend yield for the trailing twelve months is around 0.23%, less than AAPL's 0.48% yield.


TTM20242023202220212020201920182017201620152014
ROM
ProShares Ultra Technology
0.23%0.21%0.01%0.00%0.00%0.05%0.16%0.30%0.08%0.20%0.12%0.24%
AAPL
Apple Inc
0.48%0.40%0.49%0.70%0.49%0.61%1.04%1.79%1.45%1.93%1.93%1.67%

Drawdowns

ROM vs. AAPL - Drawdown Comparison

The maximum ROM drawdown since its inception was -83.36%, roughly equal to the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for ROM and AAPL. For additional features, visit the drawdowns tool.


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Volatility

ROM vs. AAPL - Volatility Comparison

ProShares Ultra Technology (ROM) has a higher volatility of 14.64% compared to Apple Inc (AAPL) at 9.75%. This indicates that ROM's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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