ROM vs. AAPL
Compare and contrast key facts about ProShares Ultra Technology (ROM) and Apple Inc (AAPL).
ROM is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Technology Index (200%). It was launched on Jan 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROM or AAPL.
Correlation
The correlation between ROM and AAPL is 0.74, 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
ROM vs. AAPL - Performance Comparison
Key characteristics
ROM:
0.35
AAPL:
1.09
ROM:
0.76
AAPL:
1.64
ROM:
1.10
AAPL:
1.21
ROM:
0.49
AAPL:
1.57
ROM:
1.40
AAPL:
4.44
ROM:
11.31%
AAPL:
5.86%
ROM:
45.82%
AAPL:
23.82%
ROM:
-83.36%
AAPL:
-81.80%
ROM:
-8.28%
AAPL:
-8.45%
Returns By Period
In the year-to-date period, ROM achieves a 1.35% return, which is significantly higher than AAPL's -5.31% return. Over the past 10 years, ROM has outperformed AAPL with an annualized return of 30.52%, while AAPL has yielded a comparatively lower 23.70% annualized return.
ROM
1.35%
6.69%
14.65%
21.92%
23.90%
30.52%
AAPL
-5.31%
1.16%
7.07%
28.61%
24.71%
23.70%
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Risk-Adjusted Performance
ROM vs. AAPL — Risk-Adjusted Performance Rank
ROM
AAPL
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.
Dividends
ROM vs. AAPL - Dividend Comparison
ROM's dividend yield for the trailing twelve months is around 0.21%, less than AAPL's 0.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROM ProShares Ultra Technology | 0.21% | 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 | 0.42% | 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.
Volatility
ROM vs. AAPL - Volatility Comparison
ProShares Ultra Technology (ROM) has a higher volatility of 15.14% compared to Apple Inc (AAPL) at 9.53%. 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.