SSG vs. SZK
Compare and contrast key facts about Proshares Ultrashort Semiconductors (SSG) and ProShares UltraShort Consumer Goods (SZK).
SSG and SZK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SSG is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (-200%). It was launched on Jan 30, 2007. SZK is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Consumer Goods Index (-200%). It was launched on Jan 30, 2007. Both SSG and SZK 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: SSG or SZK.
Key characteristics
| SSG | SZK | |
|---|---|---|
| YTD Return | -78.85% | -15.39% |
| 1Y Return | -83.38% | -22.65% |
| 3Y Return (Ann) | -62.27% | 4.15% |
| 5Y Return (Ann) | -66.83% | -22.45% |
| 10Y Return (Ann) | -56.25% | -21.19% |
| Sharpe Ratio | -1.03 | -1.18 |
| Sortino Ratio | -2.48 | -1.69 |
| Omega Ratio | 0.73 | 0.82 |
| Calmar Ratio | -0.85 | -0.24 |
| Martin Ratio | -1.32 | -1.31 |
| Ulcer Index | 63.96% | 18.01% |
| Daily Std Dev | 81.73% | 20.02% |
| Max Drawdown | -100.00% | -99.40% |
| Current Drawdown | -100.00% | -99.22% |
Correlation
The correlation between SSG and SZK is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SSG vs. SZK - Performance Comparison
In the year-to-date period, SSG achieves a -78.85% return, which is significantly lower than SZK's -15.39% return. Over the past 10 years, SSG has underperformed SZK with an annualized return of -56.25%, while SZK has yielded a comparatively higher -21.19% 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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SSG vs. SZK - Expense Ratio Comparison
Both SSG and SZK have an expense ratio of 0.95%.
Risk-Adjusted Performance
SSG vs. SZK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Proshares Ultrashort Semiconductors (SSG) and ProShares UltraShort Consumer Goods (SZK). 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
SSG vs. SZK - Dividend Comparison
SSG's dividend yield for the trailing twelve months is around 4.14%, less than SZK's 5.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
SSG Proshares Ultrashort Semiconductors | 4.14% | 4.40% | 0.07% | 0.00% | 0.34% | 1.55% | 0.40% |
SZK ProShares UltraShort Consumer Goods | 5.86% | 4.03% | 0.56% | 0.00% | 0.18% | 1.69% | 0.50% |
Drawdowns
SSG vs. SZK - Drawdown Comparison
The maximum SSG drawdown since its inception was -100.00%, roughly equal to the maximum SZK drawdown of -99.40%. Use the drawdown chart below to compare losses from any high point for SSG and SZK. For additional features, visit the drawdowns tool.
Volatility
SSG vs. SZK - Volatility Comparison
Proshares Ultrashort Semiconductors (SSG) has a higher volatility of 22.71% compared to ProShares UltraShort Consumer Goods (SZK) at 5.90%. This indicates that SSG's price experiences larger fluctuations and is considered to be riskier than SZK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.