RXD vs. VOO
RXD (ProShares UltraShort Health Care) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - RXD is a Leveraged Equities fund tracking the DJ Global United States (All) / Health Care -IND (-200%), while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, RXD returned -19.63%/yr vs 15.14%/yr for VOO. Their -0.61 correlation means they have often moved in opposite directions in the past. RXD charges 0.95%/yr vs 0.03%/yr for VOO.
Performance
RXD vs. VOO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RXD achieves a -10.24% return, which is significantly lower than VOO's 10.16% return. Over the past 10 years, RXD has underperformed VOO with an annualized return of -19.63%, while VOO has yielded a comparatively higher 15.14% annualized return.
RXD
- 1D
- 0.47%
- 1M
- 0.46%
- 6M
- -10.79%
- YTD
- -10.24%
- 1Y
- -35.49%
- 3Y*
- -10.24%
- 5Y*
- -7.59%
- 10Y*
- -19.63%
- ALL TIME*
- -22.75%
VOO
- 1D
- 0.71%
- 1M
- 0.26%
- 6M
- 8.58%
- YTD
- 10.16%
- 1Y
- 21.58%
- 3Y*
- 19.42%
- 5Y*
- 12.83%
- 10Y*
- 15.14%
- ALL TIME*
- 14.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $208.34K | $158.30K | $97.64K | |
| $3.82B | $3.78B | $5.44B |
RXD vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RXD ProShares UltraShort Health Care | -10.24% | -21.66% | 4.83% | 3.25% | 1.20% | -37.97% | -44.25% | -32.44% | -14.33% | -35.24% |
VOO Vanguard S&P 500 ETF | 10.16% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between RXD and VOO is -0.21, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.21 |
Correlation (3Y) Balances recent behavior with more history. | -0.43 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.56 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.59 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | -0.61 |
Over the past year, the inverse relationship between RXD and VOO has weakened: their correlation has moved from -0.61 to -0.21, meaning they move in opposite directions less often than they have historically.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RXD vs. VOO — Risk / Return Rank
RXD
VOO
RXD vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Health Care (RXD) and Vanguard S&P 500 ETF (VOO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RXD | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.70 | ||
| Sortino ratioReturn per unit of downside risk | -3.73 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.28 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 2.21 | -3.10 |
| Martin ratioReturn relative to average drawdown | -1.40 | 9.44 | -10.84 |
Loading charts...
Drawdowns
RXD vs. VOO - Drawdown Comparison
The maximum RXD drawdown since its inception was -99.68%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RXD and VOO.
Loading charts...
Drawdown Indicators
| RXD | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.68% | -33.99% | -65.69% |
Max Drawdown (1Y)Largest decline over 1 year | -40.79% | -8.90% | -31.89% |
Max Drawdown (3Y)Largest decline over 3 years | -42.58% | -18.69% | -23.89% |
Max Drawdown (5Y)Largest decline over 5 years | -46.11% | -24.52% | -21.59% |
Max Drawdown (10Y)Largest decline over 10 years | -91.52% | -33.99% | -57.53% |
Current DrawdownCurrent decline from peak | -99.67% | -1.38% | -98.29% |
Average DrawdownAverage peak-to-trough decline | -82.00% | -3.67% | -78.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.78% | 2.08% | +23.70% |
Volatility
RXD vs. VOO - Volatility Comparison
ProShares UltraShort Health Care (RXD) has a higher volatility of 11.80% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that RXD's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RXD | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.80% | 3.54% | +8.26% |
Volatility (6M)Calculated over the trailing 6-month period | 24.09% | 10.10% | +13.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.60% | 12.82% | +18.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.35% | 16.93% | +13.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.15% | 18.01% | +15.14% |
RXD vs. VOO - Expense Ratio Comparison
RXD has a 0.95% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
RXD vs. VOO - Dividend Comparison
RXD's dividend yield for the trailing twelve months is around 3.31%, more than VOO's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RXD ProShares UltraShort Health Care | 3.31% | 3.29% | 4.36% | 3.17% | 0.67% | 0.00% | 0.17% | 1.73% | 0.22% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.07% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
RXD and VOO have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RXD has higher volatility (11.80%) compared to VOO (3.54%). In terms of maximum drawdown, RXD dropped -99.68% vs VOO's -33.99%.
On 10-year performance, VOO leads with 15.14% vs -19.63% for RXD. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VOO has performed better with a 15.14% return vs -19.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOO is cheaper with a 0.03% expense ratio, compared with 0.95% for RXD.
RXD has the higher dividend yield at 3.31%, compared with 1.07% for VOO.
RXD is categorized as Leveraged Equities, while VOO is S&P 500. RXD tracks DJ Global United States (All) / Health Care -IND (-200%), while VOO tracks S&P 500 Index. They also come from different issuers: ProShares and Vanguard. Their fees differ too: 0.95% for RXD and 0.03% for VOO.
VOO currently has the higher Sharpe Ratio (1.53 vs -1.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for RXD and VOO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer