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SRTY vs. HIBS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SRTY and HIBS 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.


-0.50.00.51.0
Correlation: -0.8

Performance

SRTY vs. HIBS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraPro Short Russell2000 (SRTY) and Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS). The values are adjusted to include any dividend payments, if applicable.

-100.00%-98.00%-96.00%-94.00%-92.00%NovemberDecember2025FebruaryMarchApril
-94.70%
-99.57%
SRTY
HIBS

Key characteristics

Sharpe Ratio

SRTY:

-0.25

HIBS:

-0.31

Sortino Ratio

SRTY:

0.13

HIBS:

0.17

Omega Ratio

SRTY:

1.02

HIBS:

1.02

Calmar Ratio

SRTY:

-0.18

HIBS:

-0.29

Martin Ratio

SRTY:

-0.60

HIBS:

-0.94

Ulcer Index

SRTY:

30.08%

HIBS:

30.44%

Daily Std Dev

SRTY:

72.20%

HIBS:

92.22%

Max Drawdown

SRTY:

-99.99%

HIBS:

-99.87%

Current Drawdown

SRTY:

-99.98%

HIBS:

-99.84%

Returns By Period

In the year-to-date period, SRTY achieves a 29.99% return, which is significantly higher than HIBS's 1.34% return.


SRTY

YTD

29.99%

1M

10.37%

6M

23.25%

1Y

-14.72%

5Y*

-44.85%

10Y*

-36.44%

HIBS

YTD

1.34%

1M

-6.75%

6M

0.67%

1Y

-23.99%

5Y*

-65.57%

10Y*

N/A

*Annualized

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SRTY vs. HIBS - Expense Ratio Comparison

SRTY has a 0.95% expense ratio, which is lower than HIBS's 1.07% expense ratio.


Expense ratio chart for HIBS: current value is 1.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HIBS: 1.07%
Expense ratio chart for SRTY: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SRTY: 0.95%

Risk-Adjusted Performance

SRTY vs. HIBS — Risk-Adjusted Performance Rank

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

SRTY
The Risk-Adjusted Performance Rank of SRTY is 1515
Overall Rank
The Sharpe Ratio Rank of SRTY is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of SRTY is 2222
Sortino Ratio Rank
The Omega Ratio Rank of SRTY is 2222
Omega Ratio Rank
The Calmar Ratio Rank of SRTY is 1111
Calmar Ratio Rank
The Martin Ratio Rank of SRTY is 1212
Martin Ratio Rank

HIBS
The Risk-Adjusted Performance Rank of HIBS is 1414
Overall Rank
The Sharpe Ratio Rank of HIBS is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of HIBS is 2424
Sortino Ratio Rank
The Omega Ratio Rank of HIBS is 2424
Omega Ratio Rank
The Calmar Ratio Rank of HIBS is 77
Calmar Ratio Rank
The Martin Ratio Rank of HIBS is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SRTY vs. HIBS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Short Russell2000 (SRTY) and Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS). 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.


The chart of Sharpe ratio for SRTY, currently valued at -0.25, compared to the broader market-1.000.001.002.003.004.00
SRTY: -0.25
HIBS: -0.31
The chart of Sortino ratio for SRTY, currently valued at 0.13, compared to the broader market-2.000.002.004.006.008.00
SRTY: 0.13
HIBS: 0.17
The chart of Omega ratio for SRTY, currently valued at 1.02, compared to the broader market0.501.001.502.002.50
SRTY: 1.02
HIBS: 1.02
The chart of Calmar ratio for SRTY, currently valued at -0.18, compared to the broader market0.002.004.006.008.0010.0012.00
SRTY: -0.18
HIBS: -0.29
The chart of Martin ratio for SRTY, currently valued at -0.60, compared to the broader market0.0020.0040.0060.00
SRTY: -0.60
HIBS: -0.94

The current SRTY Sharpe Ratio is -0.25, which is comparable to the HIBS Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of SRTY and HIBS, 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-1.00-0.500.000.50NovemberDecember2025FebruaryMarchApril
-0.25
-0.31
SRTY
HIBS

Dividends

SRTY vs. HIBS - Dividend Comparison

SRTY's dividend yield for the trailing twelve months is around 6.68%, more than HIBS's 4.96% yield.


TTM20242023202220212020201920182017
SRTY
ProShares UltraPro Short Russell2000
6.68%9.40%4.93%0.16%0.00%0.95%2.12%0.70%0.04%
HIBS
Direxion Daily S&P 500 High Beta Bear 3X Shares
4.96%5.34%6.52%0.04%0.00%0.90%0.13%0.00%0.00%

Drawdowns

SRTY vs. HIBS - Drawdown Comparison

The maximum SRTY drawdown since its inception was -99.99%, roughly equal to the maximum HIBS drawdown of -99.87%. Use the drawdown chart below to compare losses from any high point for SRTY and HIBS. For additional features, visit the drawdowns tool.


-100.00%-99.50%-99.00%-98.50%-98.00%-97.50%-97.00%-96.50%NovemberDecember2025FebruaryMarchApril
-97.93%
-99.84%
SRTY
HIBS

Volatility

SRTY vs. HIBS - Volatility Comparison

The current volatility for ProShares UltraPro Short Russell2000 (SRTY) is 43.77%, while Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) has a volatility of 72.10%. This indicates that SRTY experiences smaller price fluctuations and is considered to be less risky than HIBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%70.00%NovemberDecember2025FebruaryMarchApril
43.77%
72.10%
SRTY
HIBS