SKYU vs. BRKW

Last updated Jun 5, 2026

SKYU (ProShares Ultra Nasdaq Cloud Computing ETF) and BRKW (Roundhill BRKB WeeklyPay ETF) are both exchange-traded funds - SKYU is a Leveraged Equities fund tracking the ISE Cloud Computing Index (200%), while BRKW is a Derivative Income fund actively managed by Roundhill. SKYU is passively managed, while BRKW is actively managed. At a correlation of -0.10, they often move in opposite directions. SKYU charges 0.95%/yr vs 0.99%/yr for BRKW.

Performance

SKYU vs. BRKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) and Roundhill BRKB WeeklyPay ETF (BRKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SKYU achieves a 20.72% return, which is significantly higher than BRKW's -6.96% return.

SKYU

• 1D: 0.53%
• 1M: 27.03%
• YTD: 20.72%
• 6M: 18.01%
• 1Y: 41.23%
• 3Y*: 38.09%
• 5Y*: 2.14%
• 10Y*: —

BRKW

• 1D: 0.87%
• 1M: 3.11%
• YTD: -6.96%
• 6M: -7.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SKYU vs. BRKW - Yearly Performance Comparison

	2026 (YTD)	2025
SKYU ProShares Ultra Nasdaq Cloud Computing ETF	20.72%	18.38%
BRKW Roundhill BRKB WeeklyPay ETF	-6.96%	2.09%

Correlation

The correlation between SKYU and BRKW is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	-0.10

SKYU vs. BRKW - Sectors Allocation Comparison

Sectors	SKYU	BRKW
Technology	51.5%	-
Communication Services	4.7%	-
Industrials	2.5%	-
Consumer Cyclical	2.4%	-
Healthcare	0.3%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	7.4%
Real Estate	-	-
Utilities	-	-

Return for Risk

SKYU vs. BRKW — Risk / Return Rank

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

SKYU

SKYU Risk / Return Rank: 22
SKYU Sharpe Ratio Rank: 22
SKYU Sortino Ratio Rank: 25
SKYU Omega Ratio Rank: 25
SKYU Calmar Ratio Rank: 20
SKYU Martin Ratio Rank: 18

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.

SKYU vs. BRKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) and Roundhill BRKB WeeklyPay ETF (BRKW). 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.

	SKYU	BRKW	Difference
Sharpe ratio: Return per unit of total volatility	0.74	—	—
Sortino ratio: Return per unit of downside risk	1.35	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	0.82	—	—
Martin ratio: Return relative to average drawdown	1.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SKYU	BRKW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	-0.30	+0.33

Drawdowns

SKYU vs. BRKW - Drawdown Comparison

The maximum SKYU drawdown since its inception was -83.01%, which is greater than BRKW's maximum drawdown of -12.64%. Use the drawdown chart below to compare losses from any high point for SKYU and BRKW.

Drawdown Indicators

	SKYU	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	-83.01%	-12.64%	-70.37%
Max Drawdown (1Y) Largest decline over 1 year	-50.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-55.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-83.01%	—	—
Current Drawdown Current decline from peak	-22.26%	-9.92%	-12.34%
Average Drawdown Average peak-to-trough decline	-49.16%	-5.36%	-43.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.88%	—	—

Volatility

Volatility by Period

	SKYU	BRKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	55.92%	17.22%	+38.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.88%	17.22%	+44.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.12%	17.22%	+43.90%

SKYU vs. BRKW - Expense Ratio Comparison

SKYU has a 0.95% expense ratio, which is lower than BRKW's 0.99% expense ratio.

Dividends

SKYU vs. BRKW - Dividend Comparison

SKYU's dividend yield for the trailing twelve months is around 0.58%, less than BRKW's 24.97% yield.

Position	TTM	2025	2024
BRKW Roundhill BRKB WeeklyPay ETF	24.97%	14.45%	0.00%
SKYU ProShares Ultra Nasdaq Cloud Computing ETF	0.58%	0.56%	0.21%

Frequently Asked Questions

Can I hold both SKYU and BRKW in my portfolio?

SKYU and BRKW have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SKYU or BRKW?

On fees, SKYU is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SKYU or BRKW?

SKYU is cheaper with a 0.95% expense ratio, compared with 0.99% for BRKW.

Which ETF pays a higher dividend yield, SKYU or BRKW?

BRKW has the higher dividend yield at 24.97%, compared with 0.58% for SKYU.

What is the main difference between SKYU and BRKW?

SKYU is categorized as Leveraged Equities, while BRKW is Derivative Income. They also come from different issuers: ProShares and Roundhill. Their fees differ too: 0.95% for SKYU and 0.99% for BRKW.