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 -37.09%/yr vs 25.00%/yr for VGT. At a correlation of -0.24, they often move in opposite directions. 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 -57.74% return, which is significantly lower than VGT's 25.60% return. Over the past 10 years, SCO has underperformed VGT with an annualized return of -37.09%, while VGT has yielded a comparatively higher 25.00% annualized return.
SCO
- 1D
- 0.03%
- 1M
- 18.27%
- 6M
- -55.73%
- YTD
- -57.74%
- 1Y
- -49.59%
- 3Y*
- -29.10%
- 5Y*
- -37.73%
- 10Y*
- -37.09%
VGT
- 1D
- 0.31%
- 1M
- 1.27%
- 6M
- 24.25%
- YTD
- 25.60%
- 1Y
- 41.54%
- 3Y*
- 29.85%
- 5Y*
- 19.12%
- 10Y*
- 25.00%
SCO vs. VGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCO ProShares UltraShort Bloomberg Crude Oil | -57.74% | 15.90% | -19.00% | -12.41% | -62.59% | -72.62% | -4.20% | -58.50% | 19.22% | -22.40% |
VGT Vanguard Information Technology ETF | 25.60% | 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 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.14 |
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 0.13 (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 | -2.67 | ||
| Sortino ratioReturn per unit of downside risk | -3.67 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.30 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 2.49 | -3.21 |
| Martin ratioReturn relative to average drawdown | -1.32 | 7.26 | -8.59 |
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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 | -75.14% | -27.23% | -47.91% |
Max Drawdown (5Y)Largest decline over 5 years | -94.80% | -35.07% | -59.73% |
Max Drawdown (10Y)Largest decline over 10 years | -99.51% | -35.07% | -64.44% |
Current DrawdownCurrent decline from peak | -99.72% | -6.00% | -93.72% |
Average DrawdownAverage peak-to-trough decline | -85.24% | -7.94% | -77.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.10% | 5.61% | +33.49% |
Volatility
SCO vs. VGT - Volatility Comparison
ProShares UltraShort Bloomberg Crude Oil (SCO) has a higher volatility of 17.87% compared to Vanguard Information Technology ETF (VGT) at 9.70%. 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 | 17.87% | 9.70% | +8.17% |
Volatility (6M)Calculated over the trailing 6-month period | 48.31% | 19.32% | +28.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.84% | 23.23% | +33.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.20% | 25.66% | +34.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.80% | 24.79% | +47.01% |
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 0.37%.
| 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 | 0.37% | 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 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCO has higher volatility (17.87%) compared to VGT (9.70%). In terms of maximum drawdown, SCO dropped -99.80% vs VGT's -54.63%.
On 10-year performance, VGT leads with 25.00% vs -37.09% for SCO. On fees, VGT is cheaper at 0.09% per year. On volatility, VGT has been the lower-risk option at 9.70%. 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 25.00% return vs -37.09%. 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 0.37%, 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 (1.76 vs -0.91), 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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