Correlation
The correlation between RXD and VOO is 1.00, 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.
RXD vs. VOO
Compare and contrast key facts about ProShares UltraShort Health Care (RXD) and Vanguard S&P 500 ETF (VOO).
RXD and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both RXD and VOO 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: RXD or VOO.
Performance
RXD vs. VOO - Performance Comparison
Loading data...
Key characteristics
RXD:
0.50
VOO:
0.74
RXD:
1.06
VOO:
1.04
RXD:
1.12
VOO:
1.15
RXD:
0.18
VOO:
0.68
RXD:
1.82
VOO:
2.58
RXD:
9.80%
VOO:
4.93%
RXD:
32.30%
VOO:
19.54%
RXD:
-99.64%
VOO:
-33.99%
RXD:
-99.49%
VOO:
-3.55%
Returns By Period
In the year-to-date period, RXD achieves a 6.37% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, RXD has underperformed VOO with an annualized return of -17.52%, while VOO has yielded a comparatively higher 12.81% annualized return.
RXD
6.37%
5.54%
21.82%
20.77%
1.28%
-11.80%
-17.52%
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RXD vs. VOO - Expense Ratio Comparison
RXD has a 0.95% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
RXD vs. VOO — Risk-Adjusted Performance Rank
RXD
VOO
RXD vs. VOO - Risk-Adjusted Performance 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.
Loading data...
Dividends
RXD vs. VOO - Dividend Comparison
RXD's dividend yield for the trailing twelve months is around 3.65%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RXD ProShares UltraShort Health Care | 3.65% | 4.36% | 3.17% | 0.67% | 0.00% | 0.17% | 1.73% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
RXD vs. VOO - Drawdown Comparison
The maximum RXD drawdown since its inception was -99.64%, 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 data...
Volatility
RXD vs. VOO - Volatility Comparison
ProShares UltraShort Health Care (RXD) has a higher volatility of 14.61% compared to Vanguard S&P 500 ETF (VOO) at 4.84%. 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 data...