SKF vs. UUUG

Last updated Jun 26, 2026

SKF (ProShares UltraShort Financials) and UUUG (Leverage Shares 2X Long UUUU Daily ETF) are both Leveraged Equities funds - SKF tracks the DJ Global United States (All) / Financials -IND (-200%) while UUUG tracks the Energy Fuels Inc. (UUUU). Both are passively managed. At a correlation of -0.15, they often move in opposite directions. SKF charges 0.95%/yr vs 0.75%/yr for UUUG.

Performance

SKF vs. UUUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Financials (SKF) and Leverage Shares 2X Long UUUU Daily ETF (UUUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SKF

• 1D: 1.12%
• 1M: -5.97%
• YTD: 4.43%
• 6M: 8.34%
• 1Y: -6.38%
• 3Y*: -27.01%
• 5Y*: -17.29%
• 10Y*: -27.76%

UUUG

• 1D: -7.35%
• 1M: -43.23%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SKF vs. UUUG - Yearly Performance Comparison

	2026 (YTD)
SKF ProShares UltraShort Financials	6.35%
UUUG Leverage Shares 2X Long UUUU Daily ETF	-66.19%

Correlation

The correlation between SKF and UUUG is -0.15, 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 Jan 13, 2026	-0.15

Return for Risk

SKF vs. UUUG — Risk / Return Rank

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

SKF

SKF Risk / Return Rank: 7
SKF Sharpe Ratio Rank: 7
SKF Sortino Ratio Rank: 7
SKF Omega Ratio Rank: 7
SKF Calmar Ratio Rank: 7
SKF Martin Ratio Rank: 6

UUUG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SKF vs. UUUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Financials (SKF) and Leverage Shares 2X Long UUUU Daily ETF (UUUG). 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.

	SKF	UUUG	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	—	—
Sortino ratio: Return per unit of downside risk	-0.13	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.29	—	—
Martin ratio: Return relative to average drawdown	-0.66	—	—

Drawdowns

SKF vs. UUUG - Drawdown Comparison

The maximum SKF drawdown since its inception was -99.96%, which is greater than UUUG's maximum drawdown of -83.65%. Use the drawdown chart below to compare losses from any high point for SKF and UUUG.

Drawdown Indicators

	SKF	UUUG	Difference
Max Drawdown Largest peak-to-trough decline	-99.96%	-83.65%	-16.31%
Max Drawdown (1Y) Largest decline over 1 year	-22.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-68.09%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-72.40%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-96.33%	—	—
Current Drawdown Current decline from peak	-99.95%	-82.23%	-17.72%
Average Drawdown Average peak-to-trough decline	-89.28%	-54.65%	-34.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.79%	—	—

Volatility

Volatility by Period

	SKF	UUUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.98%	188.40%	-159.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.02%	188.40%	-152.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.81%	188.40%	-147.59%

SKF vs. UUUG - Expense Ratio Comparison

SKF has a 0.95% expense ratio, which is higher than UUUG's 0.75% expense ratio.

Dividends

SKF vs. UUUG - Dividend Comparison

SKF's dividend yield for the trailing twelve months is around 4.10%, while UUUG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SKF ProShares UltraShort Financials	4.10%	5.61%	7.94%	3.93%	0.03%	0.00%	0.11%	1.29%	0.06%
UUUG Leverage Shares 2X Long UUUU Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SKF and UUUG in my portfolio?

SKF and UUUG have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SKF or UUUG?

On fees, UUUG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SKF or UUUG?

UUUG is cheaper with a 0.75% expense ratio, compared with 0.95% for SKF.

Which ETF pays a higher dividend yield, SKF or UUUG?

SKF has the higher dividend yield at 4.10%, compared with 0.00% for UUUG.

What is the main difference between SKF and UUUG?

SKF tracks DJ Global United States (All) / Financials -IND (-200%), while UUUG tracks Energy Fuels Inc. (UUUU). They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for SKF and 0.75% for UUUG.