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RXD vs. TSYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

RXD vs. TSYX

Last updated Apr 2, 2026

Compare and contrast key facts about ProShares UltraShort Health Care (RXD) and TSPY Lift ETF (TSYX).

RXD and TSYX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RXD is a passively managed fund by ProShares that tracks the performance of the DJ Global United States (All) / Health Care -IND (-200%). It was launched on Jan 30, 2007. TSYX is an actively managed fund by TappAlpha. It was launched on Jan 6, 2026.

Performance

RXD vs. TSYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Health Care (RXD) and TSPY Lift ETF (TSYX). The values are adjusted to include any dividend payments, if applicable.

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RXD vs. TSYX - Yearly Performance Comparison

2026 (YTD)
RXD
ProShares UltraShort Health Care		16.76%
TSYX
TSPY Lift ETF		-7.61%

Returns By Period

RXD

1D
-2.00%
1M
14.23%
YTD
9.76%
6M
-5.46%
1Y
-7.76%
3Y*
-5.35%
5Y*
-8.88%
10Y*
-19.74%

TSYX

1D
0.91%
1M
-6.94%
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

ProShares UltraShort Health Care

TSPY Lift ETF

Often compared with RXD:
RXD vs. XLVRXD vs. VOORXD vs. PJPRXD vs. AMDGRXD vs. GUSHRXD vs. MULLRXD vs. TSMX
Often compared with TSYX:
TSYX vs. XSPITSYX vs. SPYTSYX vs. TSPYTSYX vs. BMNUTSYX vs. NFLUTSYX vs. HIMZTSYX vs. CONL

RXD vs. TSYX - Expense Ratio Comparison

RXD has a 0.95% expense ratio, which is lower than TSYX's 0.98% expense ratio.

TSYX
TSPY Lift ETF
RXD
ProShares UltraShort Health Care

Return for Risk

RXD vs. TSYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RXD
RXD Risk / Return Rank: 99
Overall Rank
RXD Sharpe Ratio Rank: 88
Sharpe Ratio Rank
RXD Sortino Ratio Rank: 88
Sortino Ratio Rank
RXD Omega Ratio Rank: 88
Omega Ratio Rank
RXD Calmar Ratio Rank: 1010
Calmar Ratio Rank
RXD Martin Ratio Rank: 1010
Martin Ratio Rank
TSYX
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RXD vs. TSYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Health Care (RXD) and TSPY Lift ETF (TSYX). 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.

RXDTSYXDifference

Sharpe ratio

Return per unit of total volatility

-0.22

—

—

Sortino ratio

Return per unit of downside risk

-0.08

—

—

Omega ratio

Gain probability vs. loss probability

0.99

—

—

Calmar ratio

Return relative to maximum drawdown

-0.12

—

—

Martin ratio

Return relative to average drawdown

-0.20

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RXD vs. TSYX - Sharpe Ratio Comparison

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Sharpe Ratios by Period

RXDTSYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.22

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.30

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.60

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.65

-1.46

+0.80

Correlation

The correlation between RXD and TSYX is -0.44. 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.

Dividends

RXD vs. TSYX - Dividend Comparison

RXD's dividend yield for the trailing twelve months is around 2.55%, less than TSYX's 3.74% yield.

TTM20252024202320222021202020192018
RXD
ProShares UltraShort Health Care		2.55%3.29%4.36%3.17%0.67%0.00%0.17%1.73%0.22%
TSYX
TSPY Lift ETF		3.74%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

RXD vs. TSYX - Drawdown Comparison

The maximum RXD drawdown since its inception was -99.65%, which is greater than TSYX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for RXD and TSYX.

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Drawdown Indicators

RXDTSYXDifference

Max Drawdown

Largest peak-to-trough decline

-99.65%

-13.39%

-86.26%

Max Drawdown (1Y)

Largest decline over 1 year

-34.76%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-46.27%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-90.64%

—

—

Current Drawdown

Current decline from peak

-99.59%

-9.04%

-90.55%

Average Drawdown

Average peak-to-trough decline

-81.72%

-3.84%

-77.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.54%

—

—

Volatility

RXD vs. TSYX - Volatility Comparison

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Volatility by Period

RXDTSYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.50%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

20.72%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

35.41%

20.16%

+15.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.44%

20.16%

+9.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.84%

20.16%

+12.68%