SDP vs. TSYX
SDP (ProShares UltraShort Utilities) and TSYX (TSPY Lift ETF) are both Leveraged Equities funds. SDP is passively managed, while TSYX is actively managed. Their 0.00 correlation means their historical movements had little consistent relationship. SDP charges 0.95%/yr vs 0.98%/yr for TSYX.
Performance
SDP vs. TSYX - Performance Comparison
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Returns By Period
SDP
- 1D
- 1.06%
- 1M
- 6.29%
- 6M
- -7.08%
- YTD
- -9.16%
- 1Y
- -8.19%
- 3Y*
- -19.35%
- 5Y*
- -16.38%
- 10Y*
- -20.32%
- ALL TIME*
- -21.28%
TSYX
- 1D
- 0.83%
- 1M
- 0.07%
- 6M
- 5.30%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $172.54K | $93.38K | $80.16K | |
TSYX TSPY Lift ETF | $219.78K | $409.01K | $452.43K |
SDP vs. TSYX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SDP ProShares UltraShort Utilities | -8.36% |
TSYX TSPY Lift ETF | 5.31% |
Correlation
The correlation between SDP and TSYX is 0.00, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 7, 2026 | 0.00 |
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Return for Risk
SDP vs. TSYX — Risk / Return Rank
SDP
TSYX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SDP vs. TSYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Utilities (SDP) and TSPY Lift ETF (TSYX). 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.
| SDP | TSYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.98 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | — | — |
| Martin ratioReturn relative to average drawdown | -0.57 | — | — |
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Drawdowns
SDP vs. TSYX - Drawdown Comparison
The maximum SDP drawdown since its inception was -99.56%, which is greater than TSYX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for SDP and TSYX.
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Drawdown Indicators
| SDP | TSYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.56% | -13.39% | -86.17% |
Max Drawdown (1Y)Largest decline over 1 year | -25.44% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -66.17% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -66.17% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -92.43% | — | — |
Current DrawdownCurrent decline from peak | -99.50% | -2.52% | -96.98% |
Average DrawdownAverage peak-to-trough decline | -82.25% | -2.93% | -79.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.45% | — | — |
Volatility
SDP vs. TSYX - Volatility Comparison
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Volatility by Period
| SDP | TSYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.55% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 24.16% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 30.16% | 18.33% | +11.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.44% | 18.33% | +16.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.63% | 18.33% | +19.30% |
SDP vs. TSYX - Expense Ratio Comparison
SDP has a 0.95% expense ratio, which is lower than TSYX's 0.98% expense ratio.
Dividends
SDP vs. TSYX - Dividend Comparison
SDP's dividend yield for the trailing twelve months is around 4.09%, less than TSYX's 9.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SDP ProShares UltraShort Utilities | 4.09% | 3.99% | 4.66% | 3.04% | 0.56% | 0.00% | 0.13% | 0.87% | 0.05% |
TSYX TSPY Lift ETF | 9.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SDP and TSYX have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SDP is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SDP is cheaper with a 0.95% expense ratio, compared with 0.98% for TSYX.
TSYX has the higher dividend yield at 9.19%, compared with 4.09% for SDP.
They also come from different issuers: ProShares and TappAlpha. Their fees differ too: 0.95% for SDP and 0.98% for TSYX.
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