ROM vs. SOXX
Compare and contrast key facts about ProShares Ultra Technology (ROM) and iShares PHLX Semiconductor ETF (SOXX).
ROM and SOXX 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. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001. Both ROM and SOXX 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 SOXX.
Performance
ROM vs. SOXX - Performance Comparison
Returns By Period
In the year-to-date period, ROM achieves a 28.25% return, which is significantly higher than SOXX's 10.51% return. Over the past 10 years, ROM has outperformed SOXX with an annualized return of 30.69%, while SOXX has yielded a comparatively lower 23.12% annualized return.
ROM
28.25%
-1.56%
10.13%
40.89%
30.37%
30.69%
SOXX
10.51%
-7.10%
-7.12%
24.59%
22.96%
23.12%
Key characteristics
| ROM | SOXX | |
|---|---|---|
| Sharpe Ratio | 0.97 | 0.72 |
| Sortino Ratio | 1.45 | 1.15 |
| Omega Ratio | 1.19 | 1.15 |
| Calmar Ratio | 1.31 | 0.99 |
| Martin Ratio | 3.97 | 2.48 |
| Ulcer Index | 10.65% | 9.94% |
| Daily Std Dev | 43.64% | 34.29% |
| Max Drawdown | -83.36% | -70.21% |
| Current Drawdown | -11.84% | -20.25% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ROM vs. SOXX - Expense Ratio Comparison
ROM has a 0.95% expense ratio, which is higher than SOXX's 0.46% expense ratio.
Correlation
The correlation between ROM and SOXX is 0.86, 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.
Risk-Adjusted Performance
ROM vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Technology (ROM) and iShares PHLX Semiconductor ETF (SOXX). 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. SOXX - Dividend Comparison
ROM's dividend yield for the trailing twelve months is around 0.17%, less than SOXX's 0.69% 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% |
SOXX iShares PHLX Semiconductor ETF | 0.69% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
Drawdowns
ROM vs. SOXX - Drawdown Comparison
The maximum ROM drawdown since its inception was -83.36%, which is greater than SOXX's maximum drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for ROM and SOXX. For additional features, visit the drawdowns tool.
Volatility
ROM vs. SOXX - Volatility Comparison
ProShares Ultra Technology (ROM) has a higher volatility of 12.52% compared to iShares PHLX Semiconductor ETF (SOXX) at 8.72%. This indicates that ROM's price experiences larger fluctuations and is considered to be riskier than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.