UDOW vs. CURE
Compare and contrast key facts about ProShares UltraPro Dow30 (UDOW) and Direxion Daily Healthcare Bull 3x Shares (CURE).
UDOW and CURE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UDOW is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average (300%). It was launched on Feb 9, 2010. CURE is a passively managed fund by Direxion that tracks the performance of the Health Care Select Sector Index (300%). It was launched on Jun 15, 2011. Both UDOW and CURE 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: UDOW or CURE.
Correlation
The correlation between UDOW and CURE is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
UDOW vs. CURE - Performance Comparison
Key characteristics
UDOW:
1.05
CURE:
-0.27
UDOW:
1.58
CURE:
-0.15
UDOW:
1.20
CURE:
0.98
UDOW:
1.77
CURE:
-0.24
UDOW:
4.61
CURE:
-0.57
UDOW:
7.81%
CURE:
16.11%
UDOW:
34.51%
CURE:
34.10%
UDOW:
-80.29%
CURE:
-69.19%
UDOW:
-5.07%
CURE:
-23.93%
Returns By Period
In the year-to-date period, UDOW achieves a 13.55% return, which is significantly lower than CURE's 17.45% return. Over the past 10 years, UDOW has outperformed CURE with an annualized return of 19.98%, while CURE has yielded a comparatively lower 12.28% annualized return.
UDOW
13.55%
7.22%
22.96%
38.07%
11.46%
19.98%
CURE
17.45%
12.09%
-20.12%
-8.86%
8.26%
12.28%
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UDOW vs. CURE - Expense Ratio Comparison
UDOW has a 0.95% expense ratio, which is lower than CURE's 1.08% expense ratio.
Risk-Adjusted Performance
UDOW vs. CURE — Risk-Adjusted Performance Rank
UDOW
CURE
UDOW vs. CURE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Dow30 (UDOW) and Direxion Daily Healthcare Bull 3x Shares (CURE). 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
UDOW vs. CURE - Dividend Comparison
UDOW's dividend yield for the trailing twelve months is around 0.84%, less than CURE's 0.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UDOW ProShares UltraPro Dow30 | 0.84% | 0.95% | 0.95% | 0.83% | 0.26% | 0.19% | 0.61% | 0.73% | 0.13% | 0.67% | 0.21% | 0.46% |
CURE Direxion Daily Healthcare Bull 3x Shares | 0.99% | 1.17% | 2.02% | 0.38% | 0.02% | 0.17% | 0.40% | 0.70% | 0.18% | 0.00% | 0.00% | 0.00% |
Drawdowns
UDOW vs. CURE - Drawdown Comparison
The maximum UDOW drawdown since its inception was -80.29%, which is greater than CURE's maximum drawdown of -69.19%. Use the drawdown chart below to compare losses from any high point for UDOW and CURE. For additional features, visit the drawdowns tool.
Volatility
UDOW vs. CURE - Volatility Comparison
The current volatility for ProShares UltraPro Dow30 (UDOW) is 7.83%, while Direxion Daily Healthcare Bull 3x Shares (CURE) has a volatility of 12.04%. This indicates that UDOW experiences smaller price fluctuations and is considered to be less risky than CURE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.