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SDS vs. LINT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SDS vs. LINT

Last updated Jun 4, 2026

SDS (ProShares UltraShort S&P500) and LINT (Direxion Daily INTC Bull 2X Shares) are both Leveraged Equities funds. SDS is passively managed, while LINT is actively managed. At a correlation of -0.42, they often move in opposite directions. SDS charges 0.91%/yr vs 0.97%/yr for LINT.

Performance

SDS vs. LINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort S&P500 (SDS) and Direxion Daily INTC Bull 2X Shares (LINT). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SDS achieves a -17.06% return, which is significantly lower than LINT's 562.84% return.

SDS

1D
1.35%
1M
-8.86%
YTD
-17.06%
6M
-16.53%
1Y
-34.59%
3Y*
-28.79%
5Y*
-21.98%
10Y*
-27.72%

LINT

1D
9.00%
1M
30.35%
YTD
562.84%
6M
362.73%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SDS vs. LINT - Yearly Performance Comparison

2026 (YTD)2025
SDS
ProShares UltraShort S&P500		-17.06%-5.32%
LINT
Direxion Daily INTC Bull 2X Shares		562.84%5.79%

Correlation

The correlation between SDS and LINT is -0.42, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (All Time)
Calculated using the full available price history since Nov 20, 2025

-0.42

SDS vs. LINT - Sectors Allocation Comparison

Sectors
SDS
LINT

Financial Services

94.3%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

100.0%

Utilities

-

-

Financial Services

SDS
94.3%
LINT

-

Basic Materials

SDS

-

LINT

-

Communication Services

SDS

-

LINT

-

Consumer Cyclical

SDS

-

LINT

-

Consumer Defensive

SDS

-

LINT

-

Energy

SDS

-

LINT

-

Healthcare

SDS

-

LINT

-

Industrials

SDS

-

LINT

-

Real Estate

SDS

-

LINT

-

Technology

SDS

-

LINT
100.0%

Utilities

SDS

-

LINT

-

Compare stocks, funds, or ETFs

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ProShares UltraShort S&P500

Direxion Daily INTC Bull 2X Shares

Often compared with SDS:
SDS vs. SPXUSDS vs. SHSDS vs. SPXSSDS vs. SQQQSDS vs. SPYSDS vs. TZASDS vs. BCS
Often compared with LINT:
LINT vs. INTWLINT vs. XXXXLINT vs. SOXLLINT vs. YINNLINT vs. LMBOLINT vs. NRGULINT vs. ARMG

Return for Risk

SDS vs. LINT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SDS
SDS Risk / Return Rank: 00
Overall Rank
SDS Sharpe Ratio Rank: 00
Sharpe Ratio Rank
SDS Sortino Ratio Rank: 00
Sortino Ratio Rank
SDS Omega Ratio Rank: 00
Omega Ratio Rank
SDS Calmar Ratio Rank: 11
Calmar Ratio Rank
SDS Martin Ratio Rank: 11
Martin Ratio Rank
LINT
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SDS vs. LINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort S&P500 (SDS) and Direxion Daily INTC Bull 2X Shares (LINT). 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.

SDSLINTDifference

Sharpe ratio

Return per unit of total volatility

-1.47

—

—

Sortino ratio

Return per unit of downside risk

-2.28

—

—

Omega ratio

Gain probability vs. loss probability

0.75

—

—

Calmar ratio

Return relative to maximum drawdown

-0.96

—

—

Martin ratio

Return relative to average drawdown

-1.69

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDS vs. LINT - Sharpe Ratio Comparison

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Sharpe Ratios by Period

SDSLINTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.47

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.66

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.78

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.66

24.05

-24.71

Drawdowns

SDS vs. LINT - Drawdown Comparison

The maximum SDS drawdown since its inception was -99.85%, which is greater than LINT's maximum drawdown of -49.54%. Use the drawdown chart below to compare losses from any high point for SDS and LINT.

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Drawdown Indicators

SDSLINTDifference

Max Drawdown

Largest peak-to-trough decline

-99.85%

-49.54%

-50.31%

Max Drawdown (1Y)

Largest decline over 1 year

-36.20%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-68.14%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-75.54%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-96.48%

—

—

Current Drawdown

Current decline from peak

-99.85%

-26.55%

-73.30%

Average Drawdown

Average peak-to-trough decline

-82.73%

-20.51%

-62.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.51%

—

—

Volatility

SDS vs. LINT - Volatility Comparison

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Volatility by Period

SDSLINTDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.59%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

17.81%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

23.58%

163.04%

-139.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.64%

163.04%

-129.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

35.82%

163.04%

-127.22%

SDS vs. LINT - Expense Ratio Comparison

SDS has a 0.91% expense ratio, which is lower than LINT's 0.97% expense ratio.

Dividends

SDS vs. LINT - Dividend Comparison

SDS's dividend yield for the trailing twelve months is around 5.79%, more than LINT's 0.13% yield.

PositionTTM202520242023202220212020201920182017
LINT
Direxion Daily INTC Bull 2X Shares		0.13%0.25%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SDS
ProShares UltraShort S&P500		5.79%5.88%7.89%5.77%0.35%0.00%0.92%1.84%1.28%0.09%

Frequently Asked Questions

SDS and LINT have a correlation of -0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SDS is cheaper at 0.91% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SDS is cheaper with a 0.91% expense ratio, compared with 0.97% for LINT.

SDS has the higher dividend yield at 5.79%, compared with 0.13% for LINT.

They also come from different issuers: ProShares and Direxion. Their fees differ too: 0.91% for SDS and 0.97% for LINT.

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