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SCO vs. KOLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SCO and KOLD is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

SCO vs. KOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Bloomberg Crude Oil (SCO) and ProShares UltraShort Bloomberg Natural Gas (KOLD). The values are adjusted to include any dividend payments, if applicable.

-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%JulyAugustSeptemberOctoberNovemberDecember
-96.93%
-71.95%
SCO
KOLD

Key characteristics

Sharpe Ratio

SCO:

-0.19

KOLD:

-0.07

Sortino Ratio

SCO:

0.04

KOLD:

0.63

Omega Ratio

SCO:

1.00

KOLD:

1.07

Calmar Ratio

SCO:

-0.09

KOLD:

-0.07

Martin Ratio

SCO:

-0.45

KOLD:

-0.27

Ulcer Index

SCO:

18.96%

KOLD:

26.78%

Daily Std Dev

SCO:

45.13%

KOLD:

102.10%

Max Drawdown

SCO:

-99.50%

KOLD:

-99.45%

Current Drawdown

SCO:

-99.39%

KOLD:

-94.09%

Returns By Period

In the year-to-date period, SCO achieves a -14.27% return, which is significantly lower than KOLD's 5.88% return. Over the past 10 years, SCO has underperformed KOLD with an annualized return of -30.61%, while KOLD has yielded a comparatively higher -14.21% annualized return.


SCO

YTD

-14.27%

1M

-0.50%

6M

13.07%

1Y

-8.67%

5Y*

-40.98%

10Y*

-30.61%

KOLD

YTD

5.88%

1M

-12.81%

6M

19.28%

1Y

3.40%

5Y*

-32.38%

10Y*

-14.21%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SCO vs. KOLD - Expense Ratio Comparison

Both SCO and KOLD have an expense ratio of 0.95%.


SCO
ProShares UltraShort Bloomberg Crude Oil
Expense ratio chart for SCO: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for KOLD: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

SCO vs. KOLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Bloomberg Crude Oil (SCO) and ProShares UltraShort Bloomberg Natural Gas (KOLD). 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.


Sharpe ratio
The chart of Sharpe ratio for SCO, currently valued at -0.19, compared to the broader market0.002.004.00-0.19-0.07
The chart of Sortino ratio for SCO, currently valued at 0.04, compared to the broader market-2.000.002.004.006.008.0010.000.040.63
The chart of Omega ratio for SCO, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.001.07
The chart of Calmar ratio for SCO, currently valued at -0.09, compared to the broader market0.005.0010.0015.00-0.09-0.07
The chart of Martin ratio for SCO, currently valued at -0.45, compared to the broader market0.0020.0040.0060.0080.00100.00-0.45-0.27
SCO
KOLD

The current SCO Sharpe Ratio is -0.19, which is lower than the KOLD Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of SCO and KOLD, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.19
-0.07
SCO
KOLD

Dividends

SCO vs. KOLD - Dividend Comparison

Neither SCO nor KOLD has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

SCO vs. KOLD - Drawdown Comparison

The maximum SCO drawdown since its inception was -99.50%, roughly equal to the maximum KOLD drawdown of -99.45%. Use the drawdown chart below to compare losses from any high point for SCO and KOLD. For additional features, visit the drawdowns tool.


-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%JulyAugustSeptemberOctoberNovemberDecember
-99.21%
-94.09%
SCO
KOLD

Volatility

SCO vs. KOLD - Volatility Comparison

The current volatility for ProShares UltraShort Bloomberg Crude Oil (SCO) is 10.41%, while ProShares UltraShort Bloomberg Natural Gas (KOLD) has a volatility of 31.57%. This indicates that SCO experiences smaller price fluctuations and is considered to be less risky than KOLD 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%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
10.41%
31.57%
SCO
KOLD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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