SCC vs. WTIU

Last updated Jul 14, 2026

SCC (ProShares UltraShort Consumer Services) and WTIU (MicroSectors Energy 3X Leveraged ETN) are both Leveraged Equities funds - SCC tracks the DJ Global United States (All) / Consumer Services -IND (-200%) while WTIU tracks the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). Both are passively managed. Over the past 3 years, SCC returned -19.74%/yr vs 2.14%/yr for WTIU. At a correlation of -0.08, they often move in opposite directions. Both charge a 0.95% expense ratio.

Performance

SCC vs. WTIU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Consumer Services (SCC) and MicroSectors Energy 3X Leveraged ETN (WTIU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCC achieves a 4.54% return, which is significantly lower than WTIU's 72.87% return.

SCC

• 1D: 2.55%
• 1M: 0.54%
• 6M: 13.40%
• YTD: 4.54%
• 1Y: -10.09%
• 3Y*: -19.74%
• 5Y*: -13.89%
• 10Y*: -24.49%

WTIU

• 1D: 12.13%
• 1M: 0.49%
• 6M: 60.71%
• YTD: 72.87%
• 1Y: 52.09%
• 3Y*: 2.14%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SCC vs. WTIU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SCC ProShares UltraShort Consumer Services	4.54%	-18.97%	-36.01%	-29.14%
WTIU MicroSectors Energy 3X Leveraged ETN	72.87%	-17.13%	-29.63%	-28.45%

Correlation

The correlation between SCC and WTIU is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Feb 15, 2023	-0.08

The correlation between SCC and WTIU shifts across timeframes, from -0.08 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SCC vs. WTIU — Risk / Return Rank

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

SCC

SCC Risk / Return Rank: 7
SCC Sharpe Ratio Rank: 7
SCC Sortino Ratio Rank: 7
SCC Omega Ratio Rank: 7
SCC Calmar Ratio Rank: 6
SCC Martin Ratio Rank: 6

WTIU

WTIU Risk / Return Rank: 28
WTIU Sharpe Ratio Rank: 26
WTIU Sortino Ratio Rank: 30
WTIU Omega Ratio Rank: 29
WTIU Calmar Ratio Rank: 28
WTIU Martin Ratio Rank: 25

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. WTIU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Consumer Services (SCC) and MicroSectors Energy 3X Leveraged ETN (WTIU). 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.

	SCC	WTIU	Difference
Sharpe ratio: Return per unit of total volatility	-0.27	0.75	-1.03
Sortino ratio: Return per unit of downside risk	-0.14	1.35	-1.49
Omega ratio: Gain probability vs. loss probability	0.98	1.16	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.40	1.09	-1.48
Martin ratio: Return relative to average drawdown	-0.62	2.58	-3.20

SCC vs. WTIU - Sharpe Ratio Comparison

The current SCC Sharpe Ratio is -0.27, which is lower than the WTIU Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of SCC and WTIU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCC vs. WTIU - Drawdown Comparison

The maximum SCC drawdown since its inception was -99.92%, which is greater than WTIU's maximum drawdown of -75.73%. Use the drawdown chart below to compare losses from any high point for SCC and WTIU.

Drawdown Indicators

	SCC	WTIU	Difference
Max Drawdown Largest peak-to-trough decline	-99.92%	-75.73%	-24.19%
Max Drawdown (1Y) Largest decline over 1 year	-25.54%	-48.11%	+22.57%
Max Drawdown (3Y) Largest decline over 3 years	-67.10%	-75.73%	+8.63%
Max Drawdown (5Y) Largest decline over 5 years	-77.34%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-95.14%	—	—
Current Drawdown Current decline from peak	-99.90%	-38.73%	-61.17%
Average Drawdown Average peak-to-trough decline	-86.01%	-39.32%	-46.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.44%	20.43%	-3.99%

Volatility

SCC vs. WTIU - Volatility Comparison

The current volatility for ProShares UltraShort Consumer Services (SCC) is 12.93%, while MicroSectors Energy 3X Leveraged ETN (WTIU) has a volatility of 24.61%. This indicates that SCC experiences smaller price fluctuations and is considered to be less risky than WTIU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCC	WTIU	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.93%	24.61%	-11.68%
Volatility (6M) Calculated over the trailing 6-month period	28.47%	57.03%	-28.56%
Volatility (1Y) Calculated over the trailing 1-year period	37.42%	69.53%	-32.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.33%	70.96%	-26.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.48%	70.96%	-31.48%

SCC vs. WTIU - Expense Ratio Comparison

Both SCC and WTIU have an expense ratio of 0.95%.

Dividends

SCC vs. WTIU - Dividend Comparison

SCC's dividend yield for the trailing twelve months is around 3.44%, while WTIU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SCC ProShares UltraShort Consumer Services	3.44%	4.87%	7.46%	4.53%	0.53%	0.00%	0.06%	2.67%	0.86%
WTIU MicroSectors Energy 3X Leveraged ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SCC and WTIU in my portfolio?

SCC and WTIU 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.

Which is riskier, SCC or WTIU?

WTIU has higher volatility (24.61%) compared to SCC (12.93%). In terms of maximum drawdown, SCC dropped -99.92% vs WTIU's -75.73%.

Which ETF is better, SCC or WTIU?

On 3-year performance, WTIU leads with 2.14% vs -19.74% for SCC. Both ETFs have the same 0.95% expense ratio. On volatility, SCC has been the lower-risk option at 12.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCC or WTIU?

Over the 3-year period, WTIU has performed better with a 2.14% return vs -19.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCC or WTIU?

SCC and WTIU have the same expense ratio: 0.95% per year.

Which ETF pays a higher dividend yield, SCC or WTIU?

SCC has the higher dividend yield at 3.44%, compared with 0.00% for WTIU.

What is the main difference between SCC and WTIU?

SCC tracks DJ Global United States (All) / Consumer Services -IND (-200%), while WTIU tracks Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). They also come from different issuers: ProShares and REX.

Which has better risk-adjusted returns?

WTIU currently has the higher Sharpe Ratio (0.75 vs -0.27), 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.