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RWM vs. UDOW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RWM and UDOW is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.8

Performance

RWM vs. UDOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Short Russell2000 (RWM) and ProShares UltraPro Dow30 (UDOW). The values are adjusted to include any dividend payments, if applicable.

0.00%1,000.00%2,000.00%3,000.00%4,000.00%JulyAugustSeptemberOctoberNovemberDecember
-88.25%
2,974.73%
RWM
UDOW

Key characteristics

Sharpe Ratio

RWM:

-0.38

UDOW:

0.90

Sortino Ratio

RWM:

-0.41

UDOW:

1.40

Omega Ratio

RWM:

0.95

UDOW:

1.18

Calmar Ratio

RWM:

-0.09

UDOW:

1.70

Martin Ratio

RWM:

-0.87

UDOW:

4.75

Ulcer Index

RWM:

9.30%

UDOW:

6.42%

Daily Std Dev

RWM:

21.00%

UDOW:

33.78%

Max Drawdown

RWM:

-94.64%

UDOW:

-80.29%

Current Drawdown

RWM:

-94.13%

UDOW:

-17.25%

Returns By Period

In the year-to-date period, RWM achieves a -6.16% return, which is significantly lower than UDOW's 27.16% return. Over the past 10 years, RWM has underperformed UDOW with an annualized return of -10.20%, while UDOW has yielded a comparatively higher 18.98% annualized return.


RWM

YTD

-6.16%

1M

3.66%

6M

-8.14%

1Y

-6.21%

5Y*

-10.85%

10Y*

-10.20%

UDOW

YTD

27.16%

1M

-7.91%

6M

21.84%

1Y

27.96%

5Y*

9.50%

10Y*

18.98%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


RWM vs. UDOW - Expense Ratio Comparison

Both RWM and UDOW have an expense ratio of 0.95%.


RWM
ProShares Short Russell2000
Expense ratio chart for RWM: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for UDOW: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

RWM vs. UDOW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Short Russell2000 (RWM) and ProShares UltraPro Dow30 (UDOW). 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.


Sharpe ratio
The chart of Sharpe ratio for RWM, currently valued at -0.38, compared to the broader market0.002.004.00-0.380.90
The chart of Sortino ratio for RWM, currently valued at -0.41, compared to the broader market-2.000.002.004.006.008.0010.00-0.411.40
The chart of Omega ratio for RWM, currently valued at 0.95, compared to the broader market0.501.001.502.002.503.000.951.18
The chart of Calmar ratio for RWM, currently valued at -0.09, compared to the broader market0.005.0010.0015.00-0.091.70
The chart of Martin ratio for RWM, currently valued at -0.87, compared to the broader market0.0020.0040.0060.0080.00100.00-0.874.75
RWM
UDOW

The current RWM Sharpe Ratio is -0.38, which is lower than the UDOW Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of RWM and UDOW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.38
0.90
RWM
UDOW

Dividends

RWM vs. UDOW - Dividend Comparison

RWM's dividend yield for the trailing twelve months is around 6.22%, more than UDOW's 0.95% yield.


TTM20232022202120202019201820172016201520142013
RWM
ProShares Short Russell2000
6.22%4.78%0.39%0.00%0.20%1.55%0.87%0.07%0.00%0.00%0.00%0.00%
UDOW
ProShares UltraPro Dow30
0.95%0.95%0.83%0.26%0.19%0.61%0.73%0.13%0.67%0.21%0.46%0.35%

Drawdowns

RWM vs. UDOW - Drawdown Comparison

The maximum RWM drawdown since its inception was -94.64%, which is greater than UDOW's maximum drawdown of -80.29%. Use the drawdown chart below to compare losses from any high point for RWM and UDOW. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-88.25%
-17.25%
RWM
UDOW

Volatility

RWM vs. UDOW - Volatility Comparison

The current volatility for ProShares Short Russell2000 (RWM) is 5.94%, while ProShares UltraPro Dow30 (UDOW) has a volatility of 10.87%. This indicates that RWM experiences smaller price fluctuations and is considered to be less risky than UDOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
5.94%
10.87%
RWM
UDOW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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