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

Performance

SRTY vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraPro Short Russell2000 (SRTY) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-33.33%
12.17%
SRTY
VOO

Returns By Period

In the year-to-date period, SRTY achieves a -40.12% return, which is significantly lower than VOO's 25.48% return. Over the past 10 years, SRTY has underperformed VOO with an annualized return of -40.53%, while VOO has yielded a comparatively higher 13.15% annualized return.


SRTY

YTD

-40.12%

1M

-8.52%

6M

-31.63%

1Y

-58.23%

5Y (annualized)

-48.76%

10Y (annualized)

-40.53%

VOO

YTD

25.48%

1M

0.99%

6M

11.84%

1Y

31.84%

5Y (annualized)

15.62%

10Y (annualized)

13.15%

Key characteristics


SRTYVOO
Sharpe Ratio-0.942.69
Sortino Ratio-1.463.59
Omega Ratio0.831.50
Calmar Ratio-0.593.89
Martin Ratio-1.4517.64
Ulcer Index40.57%1.86%
Daily Std Dev62.77%12.20%
Max Drawdown-99.99%-33.99%
Current Drawdown-99.99%-1.40%

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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.


SRTY
ProShares UltraPro Short Russell2000
Expense ratio chart for SRTY: 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 VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.0-0.8

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.

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.


Sharpe ratio
The chart of Sharpe ratio for SRTY, currently valued at -0.94, compared to the broader market0.002.004.006.00-0.942.69
The chart of Sortino ratio for SRTY, currently valued at -1.46, compared to the broader market-2.000.002.004.006.008.0010.0012.00-1.463.59
The chart of Omega ratio for SRTY, currently valued at 0.83, compared to the broader market0.501.001.502.002.503.000.831.50
The chart of Calmar ratio for SRTY, currently valued at -0.59, compared to the broader market0.005.0010.0015.00-0.593.89
The chart of Martin ratio for SRTY, currently valued at -1.45, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-1.4517.64
SRTY
VOO

The current SRTY Sharpe Ratio is -0.94, which is lower than the VOO Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of SRTY and VOO, 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-1.000.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
-0.94
2.69
SRTY
VOO

Dividends

SRTY vs. VOO - Dividend Comparison

SRTY's dividend yield for the trailing twelve months is around 10.50%, more than VOO's 1.25% yield.


TTM20232022202120202019201820172016201520142013
SRTY
ProShares UltraPro Short Russell2000
10.50%4.93%0.16%0.00%0.95%2.12%0.70%0.04%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.25%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.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-99.98%
-1.40%
SRTY
VOO

Volatility

SRTY vs. VOO - Volatility Comparison

ProShares UltraPro Short Russell2000 (SRTY) has a higher volatility of 24.39% compared to Vanguard S&P 500 ETF (VOO) at 4.10%. 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.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
24.39%
4.10%
SRTY
VOO