SPXU vs. SPYG
Compare and contrast key facts about ProShares UltraPro Short S&P500 (SPXU) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
SPXU and SPYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPXU is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (-300%). It was launched on Jun 25, 2009. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000. Both SPXU and SPYG 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: SPXU or SPYG.
Performance
SPXU vs. SPYG - Performance Comparison
Returns By Period
In the year-to-date period, SPXU achieves a -44.60% return, which is significantly lower than SPYG's 33.17% return. Over the past 10 years, SPXU has underperformed SPYG with an annualized return of -39.34%, while SPYG has yielded a comparatively higher 14.97% annualized return.
SPXU
-44.60%
-3.02%
-26.07%
-51.78%
-46.30%
-39.34%
SPYG
33.17%
1.67%
14.92%
38.22%
17.62%
14.97%
Key characteristics
| SPXU | SPYG | |
|---|---|---|
| Sharpe Ratio | -1.42 | 2.24 |
| Sortino Ratio | -2.45 | 2.91 |
| Omega Ratio | 0.73 | 1.41 |
| Calmar Ratio | -0.52 | 2.87 |
| Martin Ratio | -1.47 | 11.86 |
| Ulcer Index | 34.97% | 3.21% |
| Daily Std Dev | 36.25% | 17.04% |
| Max Drawdown | -99.98% | -67.79% |
| Current Drawdown | -99.98% | -1.54% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPXU vs. SPYG - Expense Ratio Comparison
SPXU has a 0.93% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Correlation
The correlation between SPXU and SPYG is -0.95. 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.
Risk-Adjusted Performance
SPXU vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Short S&P500 (SPXU) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
SPXU vs. SPYG - Dividend Comparison
SPXU's dividend yield for the trailing twelve months is around 11.44%, more than SPYG's 0.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPXU ProShares UltraPro Short S&P500 | 11.44% | 7.07% | 0.39% | 0.00% | 0.71% | 2.14% | 1.41% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.66% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
SPXU vs. SPYG - Drawdown Comparison
The maximum SPXU drawdown since its inception was -99.98%, which is greater than SPYG's maximum drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for SPXU and SPYG. For additional features, visit the drawdowns tool.
Volatility
SPXU vs. SPYG - Volatility Comparison
ProShares UltraPro Short S&P500 (SPXU) has a higher volatility of 12.43% compared to SPDR Portfolio S&P 500 Growth ETF (SPYG) at 5.58%. This indicates that SPXU's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.