SRTY vs. VOO
Compare and contrast key facts about ProShares UltraPro Short Russell2000 (SRTY) and Vanguard S&P 500 ETF (VOO).
SRTY and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both SRTY and VOO 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 VOO.
Key characteristics
| SRTY | VOO | |
|---|---|---|
| YTD Return | -28.22% | 18.91% |
| 1Y Return | -50.10% | 28.20% |
| 3Y Return (Ann) | -21.71% | 9.93% |
| 5Y Return (Ann) | -47.53% | 15.31% |
| 10Y Return (Ann) | -40.13% | 12.87% |
| Sharpe Ratio | -0.77 | 2.21 |
| Daily Std Dev | 63.89% | 12.64% |
| Max Drawdown | -99.99% | -33.99% |
| Current Drawdown | -99.98% | -0.60% |
Correlation
The correlation between SRTY and VOO is -0.84. 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. VOO - Performance Comparison
In the year-to-date period, SRTY achieves a -28.22% return, which is significantly lower than VOO's 18.91% return. Over the past 10 years, SRTY has underperformed VOO with an annualized return of -40.13%, while VOO has yielded a comparatively higher 12.87% 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. VOO - Expense Ratio Comparison
SRTY has a 0.95% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SRTY vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Short Russell2000 (SRTY) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
SRTY's dividend yield for the trailing twelve months is around 8.22%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SRTY ProShares UltraPro Short Russell2000 | 6.45% | 4.93% | 0.17% | 0.00% | 0.95% | 2.12% | 0.70% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
SRTY vs. VOO - Drawdown Comparison
The maximum SRTY drawdown since its inception was -99.99%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SRTY and VOO. For additional features, visit the drawdowns tool.
Volatility
SRTY vs. VOO - Volatility Comparison
ProShares UltraPro Short Russell2000 (SRTY) has a higher volatility of 18.83% compared to Vanguard S&P 500 ETF (VOO) at 3.83%. This indicates that SRTY's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.