ROM vs. VYM
Compare and contrast key facts about ProShares Ultra Technology (ROM) and Vanguard High Dividend Yield ETF (VYM).
ROM and VYM 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. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Nov 10, 2006. Both ROM and VYM 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 VYM.
Performance
ROM vs. VYM - Performance Comparison
Returns By Period
In the year-to-date period, ROM achieves a 28.25% return, which is significantly higher than VYM's 19.54% return. Over the past 10 years, ROM has outperformed VYM with an annualized return of 30.69%, while VYM has yielded a comparatively lower 9.92% annualized return.
ROM
28.25%
-1.56%
10.13%
40.89%
30.37%
30.69%
VYM
19.54%
-0.46%
9.21%
28.77%
10.85%
9.92%
Key characteristics
| ROM | VYM | |
|---|---|---|
| Sharpe Ratio | 0.97 | 2.67 |
| Sortino Ratio | 1.45 | 3.80 |
| Omega Ratio | 1.19 | 1.49 |
| Calmar Ratio | 1.31 | 5.43 |
| Martin Ratio | 3.97 | 17.26 |
| Ulcer Index | 10.65% | 1.63% |
| Daily Std Dev | 43.64% | 10.55% |
| Max Drawdown | -83.36% | -56.98% |
| Current Drawdown | -11.84% | -1.58% |
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ROM vs. VYM - Expense Ratio Comparison
ROM has a 0.95% expense ratio, which is higher than VYM's 0.06% expense ratio.
Correlation
The correlation between ROM and VYM is 0.69, 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.
Risk-Adjusted Performance
ROM vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Technology (ROM) and Vanguard High Dividend Yield ETF (VYM). 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. VYM - Dividend Comparison
ROM's dividend yield for the trailing twelve months is around 0.17%, less than VYM's 2.78% 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% |
VYM Vanguard High Dividend Yield ETF | 2.78% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% | 2.81% |
Drawdowns
ROM vs. VYM - Drawdown Comparison
The maximum ROM drawdown since its inception was -83.36%, which is greater than VYM's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for ROM and VYM. For additional features, visit the drawdowns tool.
Volatility
ROM vs. VYM - Volatility Comparison
ProShares Ultra Technology (ROM) has a higher volatility of 12.52% compared to Vanguard High Dividend Yield ETF (VYM) at 3.80%. This indicates that ROM's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.