SKF vs. UYG
Compare and contrast key facts about ProShares UltraShort Financials (SKF) and ProShares Ultra Financials (UYG).
SKF and UYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SKF is a passively managed fund by ProShares that tracks the performance of the DJ Global United States (All) / Financials -IND (-200%). It was launched on Jan 30, 2007. UYG is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Financials Index (200%). It was launched on Jan 30, 2007. Both SKF and UYG 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: SKF or UYG.
Correlation
The correlation between SKF and UYG is -0.85. 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
SKF vs. UYG - Performance Comparison
Key characteristics
SKF:
-0.74
UYG:
0.65
SKF:
-0.96
UYG:
1.12
SKF:
0.88
UYG:
1.16
SKF:
-0.30
UYG:
0.67
SKF:
-1.17
UYG:
3.18
SKF:
25.60%
UYG:
8.25%
SKF:
40.39%
UYG:
40.27%
SKF:
-99.95%
UYG:
-97.90%
SKF:
-99.95%
UYG:
-19.90%
Returns By Period
In the year-to-date period, SKF achieves a -3.33% return, which is significantly higher than UYG's -4.87% return. Over the past 10 years, SKF has underperformed UYG with an annualized return of -26.67%, while UYG has yielded a comparatively higher 14.18% annualized return.
SKF
-3.33%
4.67%
-10.60%
-30.93%
-33.23%
-26.67%
UYG
-4.87%
-10.87%
1.01%
28.04%
28.35%
14.18%
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SKF vs. UYG - Expense Ratio Comparison
Both SKF and UYG have an expense ratio of 0.95%.
Risk-Adjusted Performance
SKF vs. UYG — Risk-Adjusted Performance Rank
SKF
UYG
SKF vs. UYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Financials (SKF) and ProShares Ultra Financials (UYG). 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
SKF vs. UYG - Dividend Comparison
SKF's dividend yield for the trailing twelve months is around 7.78%, more than UYG's 0.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SKF ProShares UltraShort Financials | 7.78% | 7.95% | 3.93% | 0.04% | 0.00% | 0.10% | 1.28% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% |
UYG ProShares Ultra Financials | 0.82% | 0.51% | 0.79% | 0.77% | 4.82% | 0.66% | 0.89% | 1.28% | 0.56% | 0.76% | 0.72% | 0.57% |
Drawdowns
SKF vs. UYG - Drawdown Comparison
The maximum SKF drawdown since its inception was -99.95%, roughly equal to the maximum UYG drawdown of -97.90%. Use the drawdown chart below to compare losses from any high point for SKF and UYG. For additional features, visit the drawdowns tool.
Volatility
SKF vs. UYG - Volatility Comparison
ProShares UltraShort Financials (SKF) and ProShares Ultra Financials (UYG) have volatilities of 27.03% and 27.34%, 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.