SCO vs. VGT
SCO (ProShares UltraShort Bloomberg Crude Oil) and VGT (Vanguard Information Technology ETF) are both exchange-traded funds - SCO is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index (-200%), while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past 10 years, SCO returned -40.39%/yr vs 24.06%/yr for VGT. Their -0.24 correlation means they have often moved in opposite directions in the past. SCO charges 0.95%/yr vs 0.09%/yr for VGT.
Performance
SCO vs. VGT - Performance Comparison
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Returns By Period
In the year-to-date period, SCO achieves a -65.39% return, which is significantly lower than VGT's 20.36% return. Over the past 10 years, SCO has underperformed VGT with an annualized return of -40.39%, while VGT has yielded a comparatively higher 24.06% annualized return.
SCO
- 1D
- -1.02%
- 1M
- -23.78%
- 6M
- -55.81%
- YTD
- -65.39%
- 1Y
- -58.66%
- 3Y*
- -29.81%
- 5Y*
- -39.67%
- 10Y*
- -40.39%
- ALL TIME*
- -26.09%
VGT
- 1D
- -0.38%
- 1M
- -1.30%
- 6M
- 21.30%
- YTD
- 20.36%
- 1Y
- 34.81%
- 3Y*
- 26.48%
- 5Y*
- 17.81%
- 10Y*
- 24.06%
- ALL TIME*
- 14.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $131.70M | $126.01M | $253.57M | |
| $440.89M | $515.41M | $573.34M |
SCO vs. VGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCO ProShares UltraShort Bloomberg Crude Oil | -65.39% | 15.90% | -19.00% | -12.41% | -62.59% | -72.62% | -4.20% | -58.50% | 19.22% | -22.40% |
VGT Vanguard Information Technology ETF | 20.36% | 21.77% | 29.30% | 52.66% | -29.70% | 30.45% | 46.04% | 48.62% | 2.46% | 37.08% |
Correlation
The correlation between SCO and VGT is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.01 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.06 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2008 | -0.24 |
The correlation between SCO and VGT shifts across timeframes, from -0.24 (all time) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SCO vs. VGT — Risk / Return Rank
SCO
VGT
SCO vs. VGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Bloomberg Crude Oil (SCO) and Vanguard Information Technology ETF (VGT). 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.
| SCO | VGT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.26 | ||
| Sortino ratioReturn per unit of downside risk | -3.31 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.23 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 1.94 | -2.72 |
| Martin ratioReturn relative to average drawdown | -1.32 | 5.23 | -6.55 |
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Drawdowns
SCO vs. VGT - Drawdown Comparison
The maximum SCO drawdown since its inception was -99.80%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for SCO and VGT.
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Drawdown Indicators
| SCO | VGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.80% | -54.63% | -45.17% |
Max Drawdown (1Y)Largest decline over 1 year | -72.24% | -16.40% | -55.84% |
Max Drawdown (3Y)Largest decline over 3 years | -74.64% | -27.23% | -47.41% |
Max Drawdown (5Y)Largest decline over 5 years | -94.80% | -35.07% | -59.73% |
Max Drawdown (10Y)Largest decline over 10 years | -99.50% | -35.07% | -64.43% |
Current DrawdownCurrent decline from peak | -99.77% | -9.93% | -89.84% |
Average DrawdownAverage peak-to-trough decline | -85.28% | -7.95% | -77.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.39% | 6.07% | +36.32% |
Volatility
SCO vs. VGT - Volatility Comparison
ProShares UltraShort Bloomberg Crude Oil (SCO) has a higher volatility of 23.27% compared to Vanguard Information Technology ETF (VGT) at 8.42%. This indicates that SCO's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCO | VGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.27% | 8.42% | +14.85% |
Volatility (6M)Calculated over the trailing 6-month period | 51.24% | 20.14% | +31.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.66% | 24.28% | +35.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.43% | 25.83% | +34.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.89% | 24.89% | +47.00% |
SCO vs. VGT - Expense Ratio Comparison
SCO has a 0.95% expense ratio, which is higher than VGT's 0.09% expense ratio.
Dividends
SCO vs. VGT - Dividend Comparison
SCO has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.38%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCO ProShares UltraShort Bloomberg Crude Oil | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.38% | 0.40% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% |
Frequently Asked Questions
SCO and VGT have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCO has higher volatility (23.27%) compared to VGT (8.42%). In terms of maximum drawdown, SCO dropped -99.80% vs VGT's -54.63%.
On 10-year performance, VGT leads with 24.06% vs -40.39% for SCO. On fees, VGT is cheaper at 0.09% per year. On volatility, VGT has been the lower-risk option at 8.42%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VGT has performed better with a 24.06% return vs -40.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGT is cheaper with a 0.09% expense ratio, compared with 0.95% for SCO.
VGT has the higher dividend yield at 0.38%, compared with 0.00% for SCO.
SCO is categorized as Oil & Gas, while VGT is Technology Equities. SCO tracks Bloomberg Commodity Balanced WTI Crude Oil Index (-200%), while VGT tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: ProShares and Vanguard. Their fees differ too: 0.95% for SCO and 0.09% for VGT.
VGT currently has the higher Sharpe Ratio (1.31 vs -0.94), 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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