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SAA vs. VBR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SAA and VBR is 0.79, 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.


Performance

SAA vs. VBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra SmallCap600 (SAA) and Vanguard Small-Cap Value ETF (VBR). The values are adjusted to include any dividend payments, if applicable.

150.00%200.00%250.00%300.00%350.00%400.00%December2025FebruaryMarchAprilMay
205.50%
279.59%
SAA
VBR

Key characteristics

Sharpe Ratio

SAA:

-0.25

VBR:

0.18

Sortino Ratio

SAA:

-0.03

VBR:

0.40

Omega Ratio

SAA:

1.00

VBR:

1.05

Calmar Ratio

SAA:

-0.22

VBR:

0.15

Martin Ratio

SAA:

-0.65

VBR:

0.49

Ulcer Index

SAA:

18.64%

VBR:

7.68%

Daily Std Dev

SAA:

48.92%

VBR:

21.25%

Max Drawdown

SAA:

-87.39%

VBR:

-62.01%

Current Drawdown

SAA:

-43.85%

VBR:

-14.69%

Returns By Period

In the year-to-date period, SAA achieves a -24.50% return, which is significantly lower than VBR's -6.97% return. Over the past 10 years, SAA has underperformed VBR with an annualized return of 6.11%, while VBR has yielded a comparatively higher 7.60% annualized return.


SAA

YTD

-24.50%

1M

15.46%

6M

-24.08%

1Y

-16.06%

5Y*

15.88%

10Y*

6.11%

VBR

YTD

-6.97%

1M

8.30%

6M

-7.04%

1Y

1.63%

5Y*

16.58%

10Y*

7.60%

*Annualized

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SAA vs. VBR - Expense Ratio Comparison

SAA has a 0.95% expense ratio, which is higher than VBR's 0.07% expense ratio.


Risk-Adjusted Performance

SAA vs. VBR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SAA
The Risk-Adjusted Performance Rank of SAA is 99
Overall Rank
The Sharpe Ratio Rank of SAA is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of SAA is 1111
Sortino Ratio Rank
The Omega Ratio Rank of SAA is 1111
Omega Ratio Rank
The Calmar Ratio Rank of SAA is 77
Calmar Ratio Rank
The Martin Ratio Rank of SAA is 88
Martin Ratio Rank

VBR
The Risk-Adjusted Performance Rank of VBR is 2626
Overall Rank
The Sharpe Ratio Rank of VBR is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of VBR is 2727
Sortino Ratio Rank
The Omega Ratio Rank of VBR is 2626
Omega Ratio Rank
The Calmar Ratio Rank of VBR is 2727
Calmar Ratio Rank
The Martin Ratio Rank of VBR is 2525
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SAA vs. VBR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra SmallCap600 (SAA) and Vanguard Small-Cap Value ETF (VBR). 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.


The current SAA Sharpe Ratio is -0.25, which is lower than the VBR Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of SAA and VBR, 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-1.00-0.500.000.501.001.502.002.50December2025FebruaryMarchAprilMay
-0.25
0.18
SAA
VBR

Dividends

SAA vs. VBR - Dividend Comparison

SAA's dividend yield for the trailing twelve months is around 1.83%, less than VBR's 2.30% yield.


TTM20242023202220212020201920182017201620152014
SAA
ProShares Ultra SmallCap600
1.83%1.36%0.87%0.46%0.00%0.03%0.35%0.27%0.00%0.41%0.00%0.00%
VBR
Vanguard Small-Cap Value ETF
2.30%1.98%2.12%2.03%1.75%1.68%2.06%2.35%1.79%1.77%1.99%1.77%

Drawdowns

SAA vs. VBR - Drawdown Comparison

The maximum SAA drawdown since its inception was -87.39%, which is greater than VBR's maximum drawdown of -62.01%. Use the drawdown chart below to compare losses from any high point for SAA and VBR. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-43.85%
-14.69%
SAA
VBR

Volatility

SAA vs. VBR - Volatility Comparison

ProShares Ultra SmallCap600 (SAA) has a higher volatility of 25.13% compared to Vanguard Small-Cap Value ETF (VBR) at 12.13%. This indicates that SAA's price experiences larger fluctuations and is considered to be riskier than VBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%December2025FebruaryMarchAprilMay
25.13%
12.13%
SAA
VBR