SSG vs. COTG
SSG (Proshares Ultrashort Semiconductors) and COTG (Leverage Shares 2X Long COST Daily ETF) are both Leveraged Equities funds. SSG is passively managed, while COTG is actively managed. At a 0.18 correlation, their price movements are largely independent. SSG charges 0.95%/yr vs 0.75%/yr for COTG.
Performance
SSG vs. COTG - Performance Comparison
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Returns By Period
In the year-to-date period, SSG achieves a -60.94% return, which is significantly lower than COTG's 17.32% return.
SSG
- 1D
- 1.36%
- 1M
- -33.91%
- YTD
- -60.94%
- 6M
- -61.42%
- 1Y
- -81.06%
- 3Y*
- -74.84%
- 5Y*
- -66.94%
- 10Y*
- -62.12%
COTG
- 1D
- 1.39%
- 1M
- -11.21%
- YTD
- 17.32%
- 6M
- 1.51%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SSG vs. COTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SSG Proshares Ultrashort Semiconductors | -60.94% | -20.33% |
COTG Leverage Shares 2X Long COST Daily ETF | 17.32% | -21.71% |
Correlation
The correlation between SSG and COTG is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 19, 2025 | 0.18 |
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Return for Risk
SSG vs. COTG — Risk / Return Rank
SSG
COTG
SSG vs. COTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Proshares Ultrashort Semiconductors (SSG) and Leverage Shares 2X Long COST Daily ETF (COTG). 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.
| SSG | COTG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.67 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -1.00 | — | — |
| Martin ratioReturn relative to average drawdown | -1.60 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SSG | COTG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.32 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.87 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.90 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.79 | -0.28 | -0.50 |
Drawdowns
SSG vs. COTG - Drawdown Comparison
The maximum SSG drawdown since its inception was -100.00%, which is greater than COTG's maximum drawdown of -25.69%. Use the drawdown chart below to compare losses from any high point for SSG and COTG.
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Drawdown Indicators
| SSG | COTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -25.69% | -74.31% |
Max Drawdown (1Y)Largest decline over 1 year | -81.36% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -98.49% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -99.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.99% | — | — |
Current DrawdownCurrent decline from peak | -100.00% | -23.48% | -76.52% |
Average DrawdownAverage peak-to-trough decline | -88.59% | -8.35% | -80.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 50.50% | — | — |
Volatility
SSG vs. COTG - Volatility Comparison
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Volatility by Period
| SSG | COTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.44% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 47.41% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 61.80% | 40.65% | +21.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.33% | 40.65% | +36.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.97% | 40.65% | +28.32% |
SSG vs. COTG - Expense Ratio Comparison
SSG has a 0.95% expense ratio, which is higher than COTG's 0.75% expense ratio.
Dividends
SSG vs. COTG - Dividend Comparison
SSG's dividend yield for the trailing twelve months is around 13.36%, while COTG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
COTG Leverage Shares 2X Long COST Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SSG Proshares Ultrashort Semiconductors | 13.36% | 9.19% | 7.67% | 6.73% | 0.75% | 0.00% | 0.34% | 1.81% | 0.62% |
Frequently Asked Questions
SSG and COTG have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COTG is cheaper with a 0.75% expense ratio, compared with 0.95% for SSG.
SSG has the higher dividend yield at 13.36%, compared with 0.00% for COTG.
They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for SSG and 0.75% for COTG.
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