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SDOW vs. ^DJI
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between SDOW and ^DJI is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

SDOW vs. ^DJI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraPro Short Dow30 (SDOW) and Dow Jones Industrial Average (^DJI). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SDOW:

-0.43

^DJI:

0.41

Sortino Ratio

SDOW:

-0.37

^DJI:

0.70

Omega Ratio

SDOW:

0.95

^DJI:

1.10

Calmar Ratio

SDOW:

-0.24

^DJI:

0.42

Martin Ratio

SDOW:

-1.00

^DJI:

1.44

Ulcer Index

SDOW:

24.02%

^DJI:

4.79%

Daily Std Dev

SDOW:

51.44%

^DJI:

17.22%

Max Drawdown

SDOW:

-99.94%

^DJI:

-53.78%

Current Drawdown

SDOW:

-99.93%

^DJI:

-5.24%

Returns By Period

In the year-to-date period, SDOW achieves a -7.98% return, which is significantly lower than ^DJI's 0.26% return. Over the past 10 years, SDOW has underperformed ^DJI with an annualized return of -35.85%, while ^DJI has yielded a comparatively higher 8.84% annualized return.


SDOW

YTD

-7.98%

1M

-20.16%

6M

-1.56%

1Y

-21.89%

5Y*

-37.38%

10Y*

-35.85%

^DJI

YTD

0.26%

1M

7.53%

6M

-1.82%

1Y

6.99%

5Y*

12.51%

10Y*

8.84%

*Annualized

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Risk-Adjusted Performance

SDOW vs. ^DJI — Risk-Adjusted Performance Rank

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

SDOW
The Risk-Adjusted Performance Rank of SDOW is 66
Overall Rank
The Sharpe Ratio Rank of SDOW is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of SDOW is 66
Sortino Ratio Rank
The Omega Ratio Rank of SDOW is 66
Omega Ratio Rank
The Calmar Ratio Rank of SDOW is 66
Calmar Ratio Rank
The Martin Ratio Rank of SDOW is 44
Martin Ratio Rank

^DJI
The Risk-Adjusted Performance Rank of ^DJI is 4343
Overall Rank
The Sharpe Ratio Rank of ^DJI is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of ^DJI is 3838
Sortino Ratio Rank
The Omega Ratio Rank of ^DJI is 4141
Omega Ratio Rank
The Calmar Ratio Rank of ^DJI is 4747
Calmar Ratio Rank
The Martin Ratio Rank of ^DJI is 4646
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SDOW vs. ^DJI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Short Dow30 (SDOW) and Dow Jones Industrial Average (^DJI). 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.


The current SDOW Sharpe Ratio is -0.43, which is lower than the ^DJI Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of SDOW and ^DJI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

SDOW vs. ^DJI - Drawdown Comparison

The maximum SDOW drawdown since its inception was -99.94%, which is greater than ^DJI's maximum drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for SDOW and ^DJI. For additional features, visit the drawdowns tool.


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Volatility

SDOW vs. ^DJI - Volatility Comparison

ProShares UltraPro Short Dow30 (SDOW) has a higher volatility of 16.86% compared to Dow Jones Industrial Average (^DJI) at 5.51%. This indicates that SDOW's price experiences larger fluctuations and is considered to be riskier than ^DJI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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