SDOW vs. SPXU
Compare and contrast key facts about ProShares UltraPro Short Dow30 (SDOW) and ProShares UltraPro Short S&P500 (SPXU).
SDOW and SPXU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SDOW is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average (-300%). It was launched on Feb 11, 2010. SPXU is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (-300%). It was launched on Jun 25, 2009. Both SDOW and SPXU 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: SDOW or SPXU.
Correlation
The correlation between SDOW and SPXU is -0.92. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
SDOW vs. SPXU - Performance Comparison
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Key characteristics
SDOW:
-0.42
SPXU:
-0.62
SDOW:
-0.30
SPXU:
-0.65
SDOW:
0.96
SPXU:
0.91
SDOW:
-0.22
SPXU:
-0.36
SDOW:
-0.92
SPXU:
-1.41
SDOW:
23.75%
SPXU:
25.67%
SDOW:
51.42%
SPXU:
58.22%
SDOW:
-99.94%
SPXU:
-99.99%
SDOW:
-99.93%
SPXU:
-99.99%
Returns By Period
In the year-to-date period, SDOW achieves a -4.55% return, which is significantly higher than SPXU's -11.32% return. Over the past 10 years, SDOW has outperformed SPXU with an annualized return of -35.67%, while SPXU has yielded a comparatively lower -38.98% annualized return.
SDOW
-4.55%
-14.02%
5.56%
-21.65%
-37.06%
-35.67%
SPXU
-11.32%
-25.49%
-6.08%
-35.97%
-43.68%
-38.98%
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SDOW vs. SPXU - Expense Ratio Comparison
SDOW has a 0.95% expense ratio, which is higher than SPXU's 0.93% expense ratio.
Risk-Adjusted Performance
SDOW vs. SPXU — Risk-Adjusted Performance Rank
SDOW
SPXU
SDOW vs. SPXU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Short Dow30 (SDOW) and ProShares UltraPro Short S&P500 (SPXU). 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
SDOW vs. SPXU - Dividend Comparison
SDOW's dividend yield for the trailing twelve months is around 7.98%, less than SPXU's 8.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
SDOW ProShares UltraPro Short Dow30 | 7.98% | 8.30% | 5.38% | 0.36% | 0.00% | 0.52% | 2.17% | 1.23% | 0.09% |
SPXU ProShares UltraPro Short S&P500 | 8.97% | 9.53% | 7.07% | 0.39% | 0.00% | 0.71% | 2.14% | 1.41% | 0.11% |
Drawdowns
SDOW vs. SPXU - Drawdown Comparison
The maximum SDOW drawdown since its inception was -99.94%, roughly equal to the maximum SPXU drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for SDOW and SPXU. For additional features, visit the drawdowns tool.
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Volatility
SDOW vs. SPXU - Volatility Comparison
ProShares UltraPro Short Dow30 (SDOW) and ProShares UltraPro Short S&P500 (SPXU) have volatilities of 18.01% and 18.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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