ROM vs. CLPAX
Compare and contrast key facts about ProShares Ultra Technology (ROM) and Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX).
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. CLPAX is managed by Catalyst Mutual Funds. It was launched on Dec 30, 2013.
Performance
ROM vs. CLPAX - Performance Comparison
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ROM vs. CLPAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ROM ProShares Ultra Technology | -16.84% | 35.63% | 31.65% | 130.70% | -63.86% | 77.75% | 80.42% | 102.10% | -9.89% | 81.11% |
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | -7.05% | 12.32% | 11.42% | 35.92% | -30.54% | 13.11% | 5.25% | 19.41% | -3.65% | 8.20% |
Returns By Period
In the year-to-date period, ROM achieves a -16.84% return, which is significantly lower than CLPAX's -7.05% return. Over the past 10 years, ROM has outperformed CLPAX with an annualized return of 31.73%, while CLPAX has yielded a comparatively lower 5.33% annualized return.
ROM
- 1D
- 8.36%
- 1M
- -8.93%
- YTD
- -16.84%
- 6M
- -15.35%
- 1Y
- 47.16%
- 3Y*
- 31.37%
- 5Y*
- 14.97%
- 10Y*
- 31.73%
CLPAX
- 1D
- -0.56%
- 1M
- -5.79%
- YTD
- -7.05%
- 6M
- -6.80%
- 1Y
- 14.47%
- 3Y*
- 11.10%
- 5Y*
- 4.94%
- 10Y*
- 5.33%
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ROM vs. CLPAX - Expense Ratio Comparison
ROM has a 0.95% expense ratio, which is lower than CLPAX's 1.74% expense ratio.
Return for Risk
ROM vs. CLPAX — Risk / Return Rank
ROM
CLPAX
ROM vs. CLPAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Technology (ROM) and Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX). 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.
| ROM | CLPAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 0.87 | +0.01 |
Sortino ratioReturn per unit of downside risk | 1.49 | 1.36 | +0.13 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.18 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | 0.96 | +0.51 |
Martin ratioReturn relative to average drawdown | 4.42 | 2.91 | +1.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ROM | CLPAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 0.87 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.32 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.37 | +0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.34 | +0.10 |
Correlation
The correlation between ROM and CLPAX is 0.84, 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.
Dividends
ROM vs. CLPAX - Dividend Comparison
ROM's dividend yield for the trailing twelve months is around 0.29%, less than CLPAX's 9.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROM ProShares Ultra Technology | 0.29% | 0.24% | 0.21% | 0.01% | 0.00% | 0.00% | 0.05% | 0.16% | 0.30% | 0.08% | 0.20% | 0.12% |
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | 9.79% | 9.10% | 0.00% | 0.00% | 2.68% | 0.32% | 0.49% | 5.41% | 0.30% | 0.02% | 0.00% | 17.26% |
Drawdowns
ROM vs. CLPAX - Drawdown Comparison
The maximum ROM drawdown since its inception was -83.36%, which is greater than CLPAX's maximum drawdown of -32.47%. Use the drawdown chart below to compare losses from any high point for ROM and CLPAX.
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Drawdown Indicators
| ROM | CLPAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.36% | -32.47% | -50.89% |
Max Drawdown (1Y)Largest decline over 1 year | -32.33% | -12.87% | -19.46% |
Max Drawdown (5Y)Largest decline over 5 years | -67.55% | -32.47% | -35.08% |
Max Drawdown (10Y)Largest decline over 10 years | -67.55% | -32.47% | -35.08% |
Current DrawdownCurrent decline from peak | -26.67% | -12.87% | -13.80% |
Average DrawdownAverage peak-to-trough decline | -21.02% | -8.16% | -12.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.81% | 4.26% | +6.55% |
Volatility
ROM vs. CLPAX - Volatility Comparison
ProShares Ultra Technology (ROM) has a higher volatility of 16.01% compared to Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) at 3.18%. This indicates that ROM's price experiences larger fluctuations and is considered to be riskier than CLPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROM | CLPAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.01% | 3.18% | +12.83% |
Volatility (6M)Calculated over the trailing 6-month period | 32.95% | 9.87% | +23.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.78% | 16.59% | +37.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.32% | 15.63% | +35.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.50% | 14.38% | +35.12% |