SCC vs. SPY
Compare and contrast key facts about ProShares UltraShort Consumer Services (SCC) and SPDR S&P 500 ETF (SPY).
SCC and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCC is a passively managed fund by ProShares that tracks the performance of the DJ Global United States (All) / Consumer Services -IND (-200%). It was launched on Jan 30, 2007. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both SCC and SPY 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: SCC or SPY.
Correlation
The correlation between SCC and SPY is 0.99, 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
SCC vs. SPY - Performance Comparison
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Key characteristics
SCC:
-0.56
SPY:
0.50
SCC:
-0.55
SPY:
0.88
SCC:
0.93
SPY:
1.13
SCC:
-0.28
SPY:
0.56
SCC:
-0.95
SPY:
2.17
SCC:
29.30%
SPY:
4.85%
SCC:
50.01%
SPY:
20.02%
SCC:
-99.90%
SPY:
-55.19%
SCC:
-99.87%
SPY:
-7.65%
Returns By Period
In the year-to-date period, SCC achieves a 13.48% return, which is significantly higher than SPY's -3.42% return. Over the past 10 years, SCC has underperformed SPY with an annualized return of -29.43%, while SPY has yielded a comparatively higher 12.35% annualized return.
SCC
13.48%
-14.13%
4.22%
-28.30%
-24.64%
-29.43%
SPY
-3.42%
7.58%
-5.06%
9.73%
15.77%
12.35%
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SCC vs. SPY - Expense Ratio Comparison
SCC has a 0.95% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SCC vs. SPY — Risk-Adjusted Performance Rank
SCC
SPY
SCC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Consumer Services (SCC) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
SCC vs. SPY - Dividend Comparison
SCC's dividend yield for the trailing twelve months is around 5.75%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCC ProShares UltraShort Consumer Services | 5.75% | 7.46% | 4.53% | 0.26% | 0.00% | 0.05% | 2.67% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SCC vs. SPY - Drawdown Comparison
The maximum SCC drawdown since its inception was -99.90%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SCC and SPY. For additional features, visit the drawdowns tool.
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Volatility
SCC vs. SPY - Volatility Comparison
ProShares UltraShort Consumer Services (SCC) has a higher volatility of 15.49% compared to SPDR S&P 500 ETF (SPY) at 7.48%. This indicates that SCC's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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