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SRS vs. REK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SRS and REK is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

SRS vs. REK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Real Estate (SRS) and ProShares Short Real Estate (REK). The values are adjusted to include any dividend payments, if applicable.

-100.00%-95.00%-90.00%-85.00%-80.00%JulyAugustSeptemberOctoberNovemberDecember
-97.97%
-79.89%
SRS
REK

Key characteristics

Sharpe Ratio

SRS:

-0.19

REK:

0.01

Sortino Ratio

SRS:

-0.06

REK:

0.14

Omega Ratio

SRS:

0.99

REK:

1.02

Calmar Ratio

SRS:

-0.06

REK:

0.00

Martin Ratio

SRS:

-0.30

REK:

0.02

Ulcer Index

SRS:

21.55%

REK:

10.99%

Daily Std Dev

SRS:

32.77%

REK:

16.17%

Max Drawdown

SRS:

-99.96%

REK:

-84.57%

Current Drawdown

SRS:

-99.95%

REK:

-80.99%

Returns By Period

In the year-to-date period, SRS achieves a -2.65% return, which is significantly lower than REK's 2.14% return. Over the past 10 years, SRS has underperformed REK with an annualized return of -17.62%, while REK has yielded a comparatively higher -6.88% annualized return.


SRS

YTD

-2.65%

1M

15.35%

6M

-11.04%

1Y

-4.10%

5Y*

-18.05%

10Y*

-17.62%

REK

YTD

2.14%

1M

6.90%

6M

-4.37%

1Y

1.08%

5Y*

-5.60%

10Y*

-6.88%

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SRS vs. REK - Expense Ratio Comparison

Both SRS and REK have an expense ratio of 0.95%.


SRS
ProShares UltraShort Real Estate
Expense ratio chart for SRS: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for REK: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

SRS vs. REK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Real Estate (SRS) and ProShares Short Real Estate (REK). 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.


Sharpe ratio
The chart of Sharpe ratio for SRS, currently valued at -0.19, compared to the broader market0.002.004.00-0.190.01
The chart of Sortino ratio for SRS, currently valued at -0.06, compared to the broader market-2.000.002.004.006.008.0010.00-0.060.14
The chart of Omega ratio for SRS, currently valued at 0.99, compared to the broader market0.501.001.502.002.503.000.991.02
The chart of Calmar ratio for SRS, currently valued at -0.06, compared to the broader market0.005.0010.0015.00-0.060.00
The chart of Martin ratio for SRS, currently valued at -0.29, compared to the broader market0.0020.0040.0060.0080.00100.00-0.300.02
SRS
REK

The current SRS Sharpe Ratio is -0.19, which is lower than the REK Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of SRS and REK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.00JulyAugustSeptemberOctoberNovemberDecember
-0.19
0.01
SRS
REK

Dividends

SRS vs. REK - Dividend Comparison

SRS's dividend yield for the trailing twelve months is around 1.05%, less than REK's 4.47% yield.


TTM202320222021202020192018
SRS
ProShares UltraShort Real Estate
1.05%3.61%0.30%0.00%0.19%0.71%0.12%
REK
ProShares Short Real Estate
4.47%4.50%0.48%0.00%0.07%1.28%0.42%

Drawdowns

SRS vs. REK - Drawdown Comparison

The maximum SRS drawdown since its inception was -99.96%, which is greater than REK's maximum drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for SRS and REK. For additional features, visit the drawdowns tool.


-100.00%-95.00%-90.00%-85.00%-80.00%JulyAugustSeptemberOctoberNovemberDecember
-98.09%
-80.99%
SRS
REK

Volatility

SRS vs. REK - Volatility Comparison

ProShares UltraShort Real Estate (SRS) has a higher volatility of 11.08% compared to ProShares Short Real Estate (REK) at 5.51%. This indicates that SRS's price experiences larger fluctuations and is considered to be riskier than REK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
11.08%
5.51%
SRS
REK
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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