SRTY vs. URTY
Compare and contrast key facts about ProShares UltraPro Short Russell2000 (SRTY) and ProShares UltraPro Russell2000 (URTY).
SRTY and URTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SRTY is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (-300%). It was launched on Feb 11, 2010. URTY is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (300%). It was launched on Feb 9, 2010. Both SRTY and URTY 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: SRTY or URTY.
Key characteristics
| SRTY | URTY | |
|---|---|---|
| YTD Return | -28.19% | 10.41% |
| 1Y Return | -49.44% | 38.67% |
| 3Y Return (Ann) | -21.72% | -20.72% |
| 5Y Return (Ann) | -47.47% | -6.19% |
| 10Y Return (Ann) | -40.13% | 2.39% |
| Sharpe Ratio | -0.76 | 0.57 |
| Daily Std Dev | 63.92% | 63.88% |
| Max Drawdown | -99.99% | -88.09% |
| Current Drawdown | -99.98% | -61.26% |
Correlation
The correlation between SRTY and URTY is -1.00. 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
SRTY vs. URTY - Performance Comparison
In the year-to-date period, SRTY achieves a -28.19% return, which is significantly lower than URTY's 10.41% return. Over the past 10 years, SRTY has underperformed URTY with an annualized return of -40.13%, while URTY has yielded a comparatively higher 2.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SRTY vs. URTY - Expense Ratio Comparison
Both SRTY and URTY have an expense ratio of 0.95%.
Risk-Adjusted Performance
SRTY vs. URTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Short Russell2000 (SRTY) and ProShares UltraPro Russell2000 (URTY). 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
SRTY vs. URTY - Dividend Comparison
SRTY's dividend yield for the trailing twelve months is around 8.22%, more than URTY's 0.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
SRTY ProShares UltraPro Short Russell2000 | 8.22% | 4.93% | 0.17% | 0.00% | 0.95% | 2.12% | 0.70% | 0.04% | 0.00% |
URTY ProShares UltraPro Russell2000 | 0.52% | 0.55% | 0.28% | 0.00% | 0.00% | 0.18% | 0.28% | 0.00% | 0.03% |
Drawdowns
SRTY vs. URTY - Drawdown Comparison
The maximum SRTY drawdown since its inception was -99.99%, which is greater than URTY's maximum drawdown of -88.09%. Use the drawdown chart below to compare losses from any high point for SRTY and URTY. For additional features, visit the drawdowns tool.
Volatility
SRTY vs. URTY - Volatility Comparison
ProShares UltraPro Short Russell2000 (SRTY) and ProShares UltraPro Russell2000 (URTY) have volatilities of 19.11% and 19.05%, 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.