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SCC vs. SPUU
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SCC vs. SPUU

Last updated Jun 4, 2026

SCC (ProShares UltraShort Consumer Services) and SPUU (Direxion Daily S&P 500 Bull 2x Shares) are both Leveraged Equities funds - SCC tracks the DJ Global United States (All) / Consumer Services -IND (-200%) while SPUU tracks the S&P 500 Index (200%). Both are passively managed. Over the past 10 years, SCC returned -25.08%/yr vs 24.77%/yr for SPUU. At a correlation of -0.72, they often move in opposite directions. SCC charges 0.95%/yr vs 0.64%/yr for SPUU.

Performance

SCC vs. SPUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Consumer Services (SCC) and Direxion Daily S&P 500 Bull 2x Shares (SPUU). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SCC achieves a 3.99% return, which is significantly lower than SPUU's 19.82% return. Over the past 10 years, SCC has underperformed SPUU with an annualized return of -25.08%, while SPUU has yielded a comparatively higher 24.77% annualized return.

SCC

1D
1.71%
1M
1.88%
YTD
3.99%
6M
4.09%
1Y
-15.43%
3Y*
-25.44%
5Y*
-15.79%
10Y*
-25.08%

SPUU

1D
-1.27%
1M
10.01%
YTD
19.82%
6M
19.11%
1Y
53.61%
3Y*
38.21%
5Y*
20.19%
10Y*
24.77%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SCC vs. SPUU - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SCC
ProShares UltraShort Consumer Services		3.99%-18.97%-36.01%-44.34%64.09%-25.84%-54.75%-38.94%-8.53%-31.58%
SPUU
Direxion Daily S&P 500 Bull 2x Shares		19.82%26.55%44.25%47.28%-38.72%61.27%21.85%66.84%-14.59%44.33%

Correlation

The correlation between SCC and SPUU is -0.77, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.77

Correlation (3Y)
Calculated over the trailing 3-year period

-0.81

Correlation (5Y)
Calculated over the trailing 5-year period

-0.85

Correlation (10Y)
Calculated over the trailing 10-year period

-0.76

Correlation (All Time)
Calculated using the full available price history since Jun 9, 2014

-0.72

The correlation between SCC and SPUU shifts across timeframes, from -0.85 (5 years) to -0.72 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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ProShares UltraShort Consumer Services

Direxion Daily S&P 500 Bull 2x Shares

Often compared with SCC:
SCC vs. TQQQSCC vs. SPXLSCC vs. SPYSCC vs. GUSHSCC vs. BITOSCC vs. XTAPSCC vs. SQQQ
Often compared with SPUU:
SPUU vs. SSOSPUU vs. SPYSPUU vs. SPXLSPUU vs. VOOSPUU vs. QLDSPUU vs. QQQSPUU vs. DDM

Return for Risk

SCC vs. SPUU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SCC
SCC Risk / Return Rank: 55
Overall Rank
SCC Sharpe Ratio Rank: 55
Sharpe Ratio Rank
SCC Sortino Ratio Rank: 55
Sortino Ratio Rank
SCC Omega Ratio Rank: 55
Omega Ratio Rank
SCC Calmar Ratio Rank: 44
Calmar Ratio Rank
SCC Martin Ratio Rank: 55
Martin Ratio Rank
SPUU
SPUU Risk / Return Rank: 6363
Overall Rank
SPUU Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
SPUU Sortino Ratio Rank: 6060
Sortino Ratio Rank
SPUU Omega Ratio Rank: 6060
Omega Ratio Rank
SPUU Calmar Ratio Rank: 5959
Calmar Ratio Rank
SPUU Martin Ratio Rank: 6969
Martin Ratio Rank
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.

SCC vs. SPUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Consumer Services (SCC) and Direxion Daily S&P 500 Bull 2x Shares (SPUU). 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.

SCCSPUUDifference
Sharpe ratioReturn per unit of total volatility
-0.43
2.26

-2.68

Sortino ratioReturn per unit of downside risk
-0.39
2.87

-3.26

Omega ratioGain probability vs. loss probability

0.96

1.38

-0.42

Calmar ratioReturn relative to maximum drawdown

-0.53

2.96

-3.50

Martin ratioReturn relative to average drawdown

-0.80

13.06

-13.86

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

SCC vs. SPUU - Sharpe Ratio Comparison

The current SCC Sharpe Ratio is -0.43, which is lower than the SPUU Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of SCC and SPUU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SCCSPUUDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.43

2.26

-2.68

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.36

0.61

-0.97

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.64

0.69

-1.33

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.64

0.63

-1.27

Drawdowns

SCC vs. SPUU - Drawdown Comparison

The maximum SCC drawdown since its inception was -99.92%, which is greater than SPUU's maximum drawdown of -59.35%. Use the drawdown chart below to compare losses from any high point for SCC and SPUU.

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Drawdown Indicators

SCCSPUUDifference

Max Drawdown

Largest peak-to-trough decline

-99.92%

-59.35%

-40.57%

Max Drawdown (1Y)

Largest decline over 1 year

-29.02%

-18.19%

-10.83%

Max Drawdown (3Y)

Largest decline over 3 years

-67.10%

-35.18%

-31.92%

Max Drawdown (5Y)

Largest decline over 5 years

-77.34%

-46.59%

-30.75%

Max Drawdown (10Y)

Largest decline over 10 years

-95.55%

-59.35%

-36.20%

Current Drawdown

Current decline from peak

-99.90%

-1.27%

-98.63%

Average Drawdown

Average peak-to-trough decline

-85.95%

-9.51%

-76.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

19.21%

4.12%

+15.09%

Volatility

SCC vs. SPUU - Volatility Comparison

ProShares UltraShort Consumer Services (SCC) has a higher volatility of 10.71% compared to Direxion Daily S&P 500 Bull 2x Shares (SPUU) at 5.71%. This indicates that SCC's price experiences larger fluctuations and is considered to be riskier than SPUU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SCCSPUUDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.71%

5.71%

+5.00%

Volatility (6M)

Calculated over the trailing 6-month period

26.41%

18.09%

+8.32%

Volatility (1Y)

Calculated over the trailing 1-year period

36.34%

23.90%

+12.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.94%

33.46%

+10.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

39.52%

35.77%

+3.75%

SCC vs. SPUU - Expense Ratio Comparison

SCC has a 0.95% expense ratio, which is higher than SPUU's 0.64% expense ratio.

Dividends

SCC vs. SPUU - Dividend Comparison

SCC's dividend yield for the trailing twelve months is around 4.53%, more than SPUU's 1.34% yield.

PositionTTM20252024202320222021202020192018201720162015
SCC
ProShares UltraShort Consumer Services		4.53%4.87%7.46%4.53%0.53%0.00%0.06%2.67%0.86%0.00%0.00%0.00%
SPUU
Direxion Daily S&P 500 Bull 2x Shares		1.34%1.63%0.55%0.83%0.88%3.04%8.03%1.80%5.50%6.96%8.08%4.42%

Frequently Asked Questions

SCC and SPUU have a correlation of -0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SCC has higher volatility (10.71%) compared to SPUU (5.71%). In terms of maximum drawdown, SCC dropped -99.92% vs SPUU's -59.35%.

On 10-year performance, SPUU leads with 24.77% vs -25.08% for SCC. On fees, SPUU is cheaper at 0.64% per year. On volatility, SPUU has been the lower-risk option at 5.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SPUU has performed better with a 24.77% return vs -25.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SPUU is cheaper with a 0.64% expense ratio, compared with 0.95% for SCC.

SCC has the higher dividend yield at 4.53%, compared with 1.34% for SPUU.

SCC tracks DJ Global United States (All) / Consumer Services -IND (-200%), while SPUU tracks S&P 500 Index (200%). They also come from different issuers: ProShares and Direxion. Their fees differ too: 0.95% for SCC and 0.64% for SPUU.

SPUU currently has the higher Sharpe Ratio (2.26 vs -0.43), 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.

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