TDV vs. UVXY
TDV (ProShares S&P Technology Dividend Aristocrats ETF) and UVXY (ProShares Ultra VIX Short-Term Futures ETF) are both exchange-traded funds - TDV is a Technology Equities fund tracking the Zacks 2040 Lifecycle Index, while UVXY is a Volatility fund tracking the S&P 500 VIX SHORT-TERM FUTURES TR (150%). Both are passively managed. Over the past 5 years, TDV returned 13.05%/yr vs -66.99%/yr for UVXY. At a correlation of -0.69, they often move in opposite directions. TDV charges 0.66%/yr vs 0.95%/yr for UVXY.
Performance
TDV vs. UVXY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TDV achieves a 18.57% return, which is significantly higher than UVXY's -24.94% return.
TDV
- 1D
- 1.37%
- 1M
- -0.65%
- YTD
- 18.57%
- 6M
- 16.16%
- 1Y
- 26.00%
- 3Y*
- 18.39%
- 5Y*
- 13.05%
- 10Y*
- —
UVXY
- 1D
- -2.46%
- 1M
- -14.14%
- YTD
- -24.94%
- 6M
- -26.89%
- 1Y
- -71.73%
- 3Y*
- -62.37%
- 5Y*
- -66.99%
- 10Y*
- -73.90%
TDV vs. UVXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TDV ProShares S&P Technology Dividend Aristocrats ETF | 18.57% | 16.05% | 9.72% | 27.29% | -15.94% | 28.29% | 29.00% | 2.86% |
UVXY ProShares Ultra VIX Short-Term Futures ETF | -24.94% | -65.32% | -50.90% | -87.70% | -44.81% | -88.33% | -17.38% | -31.00% |
Correlation
The correlation between TDV and UVXY is -0.62, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.68 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2019 | -0.69 |
The correlation between TDV and UVXY has been stable across timeframes, ranging from -0.69 to -0.62 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TDV vs. UVXY — Risk / Return Rank
TDV
UVXY
TDV vs. UVXY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares S&P Technology Dividend Aristocrats ETF (TDV) and ProShares Ultra VIX Short-Term Futures ETF (UVXY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TDV | UVXY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.26 | ||
| Sortino ratioReturn per unit of downside risk | +3.46 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.83 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 2.73 | -0.99 | +3.72 |
| Martin ratioReturn relative to average drawdown | 8.87 | -1.43 | +10.30 |
Loading charts...
Drawdowns
TDV vs. UVXY - Drawdown Comparison
The maximum TDV drawdown since its inception was -32.78%, smaller than the maximum UVXY drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for TDV and UVXY.
Loading charts...
Drawdown Indicators
| TDV | UVXY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.78% | -100.00% | +67.22% |
Max Drawdown (1Y)Largest decline over 1 year | -9.55% | -72.74% | +63.19% |
Max Drawdown (3Y)Largest decline over 3 years | -22.51% | -94.91% | +72.40% |
Max Drawdown (5Y)Largest decline over 5 years | -25.11% | -99.71% | +74.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -100.00% | — |
Current DrawdownCurrent decline from peak | -4.08% | -100.00% | +95.92% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -98.75% | +93.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 50.54% | -47.60% |
Volatility
TDV vs. UVXY - Volatility Comparison
The current volatility for ProShares S&P Technology Dividend Aristocrats ETF (TDV) is 8.40%, while ProShares Ultra VIX Short-Term Futures ETF (UVXY) has a volatility of 25.55%. This indicates that TDV experiences smaller price fluctuations and is considered to be less risky than UVXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TDV | UVXY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.40% | 25.55% | -17.15% |
Volatility (6M)Calculated over the trailing 6-month period | 14.62% | 66.08% | -51.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.47% | 84.93% | -66.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.70% | 103.95% | -83.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.29% | 112.35% | -89.06% |
TDV vs. UVXY - Expense Ratio Comparison
TDV has a 0.66% expense ratio, which is lower than UVXY's 0.95% expense ratio.
Dividends
TDV vs. UVXY - Dividend Comparison
TDV's dividend yield for the trailing twelve months is around 1.02%, while UVXY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
TDV ProShares S&P Technology Dividend Aristocrats ETF | 1.02% | 1.09% | 1.16% | 1.16% | 1.67% | 1.08% | 1.10% | 0.11% |
UVXY ProShares Ultra VIX Short-Term Futures ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TDV and UVXY have a correlation of -0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UVXY has higher volatility (25.55%) compared to TDV (8.40%). In terms of maximum drawdown, TDV dropped -32.78% vs UVXY's -100.00%.
On 5-year performance, TDV leads with 13.05% vs -66.99% for UVXY. On fees, TDV is cheaper at 0.66% per year. On volatility, TDV has been the lower-risk option at 8.40%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, TDV has performed better with a 13.05% return vs -66.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TDV is cheaper with a 0.66% expense ratio, compared with 0.95% for UVXY.
TDV has the higher dividend yield at 1.02%, compared with 0.00% for UVXY.
TDV is categorized as Technology Equities, while UVXY is Volatility. TDV tracks Zacks 2040 Lifecycle Index, while UVXY tracks S&P 500 VIX SHORT-TERM FUTURES TR (150%). Their fees differ too: 0.66% for TDV and 0.95% for UVXY.
TDV currently has the higher Sharpe Ratio (1.41 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for TDV and UVXY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer