SDP vs. UPW
Compare and contrast key facts about ProShares UltraShort Utilities (SDP) and ProShares Ultra Utilities (UPW).
SDP and UPW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SDP is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Utilities Index (-200%). It was launched on Jan 30, 2007. UPW is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Utilities Index (200%). It was launched on Jan 30, 2007. Both SDP and UPW 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: SDP or UPW.
Correlation
The correlation between SDP and UPW is -0.91. 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
SDP vs. UPW - Performance Comparison
Key characteristics
SDP:
-0.90
UPW:
1.06
SDP:
-1.26
UPW:
1.54
SDP:
0.87
UPW:
1.19
SDP:
-0.29
UPW:
0.74
SDP:
-0.88
UPW:
4.33
SDP:
31.28%
UPW:
7.47%
SDP:
30.55%
UPW:
30.59%
SDP:
-93.42%
UPW:
-77.75%
SDP:
-92.23%
UPW:
-15.50%
Returns By Period
In the year-to-date period, SDP achieves a -0.78% return, which is significantly lower than UPW's 1.03% return. Over the past 10 years, SDP has underperformed UPW with an annualized return of -21.46%, while UPW has yielded a comparatively higher 9.24% annualized return.
SDP
-0.78%
4.53%
-13.41%
-28.76%
-21.37%
-21.46%
UPW
1.03%
-4.10%
13.83%
34.71%
2.76%
9.24%
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SDP vs. UPW - Expense Ratio Comparison
Both SDP and UPW have an expense ratio of 0.95%.
Risk-Adjusted Performance
SDP vs. UPW — Risk-Adjusted Performance Rank
SDP
UPW
SDP vs. UPW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Utilities (SDP) and ProShares Ultra Utilities (UPW). 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.
Dividends
SDP vs. UPW - Dividend Comparison
SDP's dividend yield for the trailing twelve months is around 4.69%, more than UPW's 1.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDP ProShares UltraShort Utilities | 4.69% | 4.66% | 2.84% | 0.56% | 0.00% | 0.13% | 0.52% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
UPW ProShares Ultra Utilities | 1.81% | 1.83% | 2.40% | 1.55% | 1.30% | 0.83% | 0.83% | 1.98% | 1.51% | 1.70% | 2.16% | 1.69% |
Drawdowns
SDP vs. UPW - Drawdown Comparison
The maximum SDP drawdown since its inception was -93.42%, which is greater than UPW's maximum drawdown of -77.75%. Use the drawdown chart below to compare losses from any high point for SDP and UPW. For additional features, visit the drawdowns tool.
Volatility
SDP vs. UPW - Volatility Comparison
ProShares UltraShort Utilities (SDP) and ProShares Ultra Utilities (UPW) have volatilities of 7.52% and 7.52%, 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.