SIJ vs. TERG
SIJ (ProShares UltraShort Industrials) and TERG (Leverage Shares 2X Long TER Daily ETF) are both Leveraged Equities funds. SIJ is passively managed, while TERG is actively managed. At a correlation of -0.64, they often move in opposite directions. SIJ charges 0.95%/yr vs 0.75%/yr for TERG.
Performance
SIJ vs. TERG - Performance Comparison
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Returns By Period
In the year-to-date period, SIJ achieves a -21.28% return, which is significantly lower than TERG's 229.64% return.
SIJ
- 1D
- -0.08%
- 1M
- -3.55%
- YTD
- -21.28%
- 6M
- -22.55%
- 1Y
- -31.23%
- 3Y*
- -29.54%
- 5Y*
- -18.51%
- 10Y*
- -27.77%
TERG
- 1D
- 8.49%
- 1M
- 39.95%
- YTD
- 229.64%
- 6M
- 218.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SIJ vs. TERG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SIJ ProShares UltraShort Industrials | -21.28% | -6.07% |
TERG Leverage Shares 2X Long TER Daily ETF | 229.64% | 28.17% |
Correlation
The correlation between SIJ and TERG is -0.64, 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 18, 2025 | -0.64 |
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Return for Risk
SIJ vs. TERG — Risk / Return Rank
SIJ
TERG
SIJ vs. TERG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Industrials (SIJ) and Leverage Shares 2X Long TER Daily ETF (TERG). 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.
| SIJ | TERG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.84 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | — | — |
| Martin ratioReturn relative to average drawdown | -1.50 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SIJ | TERG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.00 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.52 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.70 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.63 | 9.90 | -10.52 |
Drawdowns
SIJ vs. TERG - Drawdown Comparison
The maximum SIJ drawdown since its inception was -99.93%, which is greater than TERG's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for SIJ and TERG.
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Drawdown Indicators
| SIJ | TERG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.93% | -49.52% | -50.41% |
Max Drawdown (1Y)Largest decline over 1 year | -35.40% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -69.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -76.49% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -96.54% | — | — |
Current DrawdownCurrent decline from peak | -99.92% | -15.98% | -83.94% |
Average DrawdownAverage peak-to-trough decline | -86.74% | -13.73% | -73.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.81% | — | — |
Volatility
SIJ vs. TERG - Volatility Comparison
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Volatility by Period
| SIJ | TERG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.18% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 26.39% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 31.52% | 139.25% | -107.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.84% | 139.25% | -103.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.62% | 139.25% | -99.63% |
SIJ vs. TERG - Expense Ratio Comparison
SIJ has a 0.95% expense ratio, which is higher than TERG's 0.75% expense ratio.
Dividends
SIJ vs. TERG - Dividend Comparison
SIJ's dividend yield for the trailing twelve months is around 5.75%, while TERG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SIJ ProShares UltraShort Industrials | 5.75% | 5.38% | 5.99% | 4.90% | 0.00% | 0.00% | 0.00% | 1.49% | 0.39% |
TERG Leverage Shares 2X Long TER Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SIJ and TERG have a correlation of -0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TERG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TERG is cheaper with a 0.75% expense ratio, compared with 0.95% for SIJ.
SIJ has the higher dividend yield at 5.75%, compared with 0.00% for TERG.
They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for SIJ and 0.75% for TERG.
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