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:
-0.41
AAPL:
0.80
ROM:
-0.26
AAPL:
1.18
ROM:
0.97
AAPL:
1.17
ROM:
-0.53
AAPL:
0.97
ROM:
-1.46
AAPL:
3.17
ROM:
13.98%
AAPL:
6.60%
ROM:
50.15%
AAPL:
26.30%
ROM:
-83.36%
AAPL:
-81.80%
ROM:
-38.35%
AAPL:
-21.47%
Returns By Period
In the year-to-date period, ROM achieves a -31.88% return, which is significantly lower than AAPL's -18.77% return. Over the past 10 years, ROM has outperformed AAPL with an annualized return of 25.88%, while AAPL has yielded a comparatively lower 21.78% annualized return.
ROM
-31.88%
-21.13%
-27.26%
-20.84%
30.57%
25.88%
AAPL
-18.77%
-13.88%
-9.76%
20.34%
28.34%
21.78%
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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 0.32%, less than AAPL's 0.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROM ProShares Ultra Technology | 0.32% | 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 | 0.49% | 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 21.41% compared to Apple Inc (AAPL) at 12.96%. 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.