ROM vs. SCHD
Compare and contrast key facts about ProShares Ultra Technology (ROM) and Schwab US Dividend Equity ETF (SCHD).
ROM and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011. Both ROM and SCHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROM or SCHD.
Key characteristics
| ROM | SCHD | |
|---|---|---|
| YTD Return | 30.28% | 16.62% |
| 1Y Return | 65.61% | 25.57% |
| 3Y Return (Ann) | 8.59% | 7.69% |
| 5Y Return (Ann) | 34.92% | 13.50% |
| 10Y Return (Ann) | 33.49% | 12.42% |
| Sharpe Ratio | 1.48 | 2.24 |
| Sortino Ratio | 1.96 | 3.21 |
| Omega Ratio | 1.26 | 1.39 |
| Calmar Ratio | 1.46 | 1.97 |
| Martin Ratio | 6.21 | 11.75 |
| Ulcer Index | 10.32% | 2.22% |
| Daily Std Dev | 43.38% | 11.65% |
| Max Drawdown | -83.36% | -33.37% |
| Current Drawdown | -10.44% | 0.00% |
Correlation
The correlation between ROM and SCHD is 0.64, 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. SCHD - Performance Comparison
In the year-to-date period, ROM achieves a 30.28% return, which is significantly higher than SCHD's 16.62% return. Over the past 10 years, ROM has outperformed SCHD with an annualized return of 33.49%, while SCHD has yielded a comparatively lower 12.42% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ROM vs. SCHD - Expense Ratio Comparison
ROM has a 0.95% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
ROM vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Technology (ROM) and Schwab US Dividend Equity ETF (SCHD). 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. SCHD - Dividend Comparison
ROM's dividend yield for the trailing twelve months is around 0.17%, less than SCHD's 3.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROM ProShares Ultra Technology | 0.17% | 0.01% | 0.00% | 0.00% | 0.05% | 0.16% | 0.30% | 0.08% | 0.20% | 0.12% | 0.24% | 0.03% |
SCHD Schwab US Dividend Equity ETF | 3.39% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
ROM vs. SCHD - Drawdown Comparison
The maximum ROM drawdown since its inception was -83.36%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for ROM and SCHD. For additional features, visit the drawdowns tool.
Volatility
ROM vs. SCHD - Volatility Comparison
ProShares Ultra Technology (ROM) has a higher volatility of 11.56% compared to Schwab US Dividend Equity ETF (SCHD) at 2.61%. This indicates that ROM's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.