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TSYX vs. SDP
Performance
Return for Risk
Dividends
Drawdowns
Volatility

TSYX vs. SDP

Last updated Apr 1, 2026

Compare and contrast key facts about TSPY Lift ETF (TSYX) and ProShares UltraShort Utilities (SDP).

TSYX and SDP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSYX is an actively managed fund by TappAlpha. It was launched on Jan 6, 2026. SDP is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Utilities Index (-200%). It was launched on Jan 30, 2007.

Performance

TSYX vs. SDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TSPY Lift ETF (TSYX) and ProShares UltraShort Utilities (SDP). The values are adjusted to include any dividend payments, if applicable.

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TSYX vs. SDP - Yearly Performance Comparison

2026 (YTD)
TSYX
TSPY Lift ETF		-8.44%
SDP
ProShares UltraShort Utilities		-17.52%

Returns By Period

TSYX

1D
4.07%
1M
-7.63%
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

SDP

1D
0.70%
1M
6.78%
YTD
-14.15%
6M
-10.38%
1Y
-27.33%
3Y*
-19.65%
5Y*
-18.82%
10Y*
-21.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

TSPY Lift ETF

ProShares UltraShort Utilities

Often compared with TSYX:
TSYX vs. XSPITSYX vs. SPYTSYX vs. TSPYTSYX vs. BMNUTSYX vs. NFLUTSYX vs. HIMZTSYX vs. CONL
Often compared with SDP:
SDP vs. UPWSDP vs. SPYSDP vs. XLUSDP vs. XDQQSDP vs. IFEDSDP vs. BRKWSDP vs. YSPY

TSYX vs. SDP - Expense Ratio Comparison

TSYX has a 0.98% expense ratio, which is higher than SDP's 0.95% expense ratio.

TSYX
TSPY Lift ETF
SDP
ProShares UltraShort Utilities

Return for Risk

TSYX vs. SDP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TSYX
SDP
SDP Risk / Return Rank: 22
Overall Rank
SDP Sharpe Ratio Rank: 11
Sharpe Ratio Rank
SDP Sortino Ratio Rank: 11
Sortino Ratio Rank
SDP Omega Ratio Rank: 11
Omega Ratio Rank
SDP Calmar Ratio Rank: 22
Calmar Ratio Rank
SDP Martin Ratio Rank: 33
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSYX vs. SDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TSPY Lift ETF (TSYX) and ProShares UltraShort Utilities (SDP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TSYX vs. SDP - Sharpe Ratio Comparison

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Sharpe Ratios by Period

TSYXSDPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

-0.88

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

-0.55

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

-0.58

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-1.61

-0.58

-1.03

Correlation

The correlation between TSYX and SDP is -0.09. 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.

Dividends

TSYX vs. SDP - Dividend Comparison

TSYX's dividend yield for the trailing twelve months is around 3.46%, less than SDP's 4.26% yield.

TTM20252024202320222021202020192018
TSYX
TSPY Lift ETF		3.46%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SDP
ProShares UltraShort Utilities		4.26%3.99%4.66%3.04%0.56%0.00%0.13%0.87%0.05%

Drawdowns

TSYX vs. SDP - Drawdown Comparison

The maximum TSYX drawdown since its inception was -13.39%, smaller than the maximum SDP drawdown of -99.56%. Use the drawdown chart below to compare losses from any high point for TSYX and SDP.

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Drawdown Indicators

TSYXSDPDifference

Max Drawdown

Largest peak-to-trough decline

-13.39%

-99.56%

+86.17%

Max Drawdown (1Y)

Largest decline over 1 year

—

-41.11%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-66.97%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-92.63%

—

Current Drawdown

Current decline from peak

-9.86%

-99.53%

+89.67%

Average Drawdown

Average peak-to-trough decline

-3.75%

-81.96%

+78.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

27.45%

—

Volatility

TSYX vs. SDP - Volatility Comparison

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Volatility by Period

TSYXSDPDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

9.55%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

20.50%

—

Volatility (1Y)

Calculated over the trailing 1-year period

20.22%

31.29%

-11.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.22%

34.05%

-13.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.22%

37.37%

-17.15%