PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
UDOW vs. CURE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.7

Performance

UDOW vs. CURE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraPro Dow30 (UDOW) and Direxion Daily Healthcare Bull 3x Shares (CURE). The values are adjusted to include any dividend payments, if applicable.

1,500.00%2,000.00%2,500.00%3,000.00%JulyAugustSeptemberOctoberNovemberDecember
1,820.78%
1,929.87%
UDOW
CURE

Key characteristics

Sharpe Ratio

UDOW:

1.12

CURE:

-0.04

Sortino Ratio

UDOW:

1.65

CURE:

0.17

Omega Ratio

UDOW:

1.21

CURE:

1.02

Calmar Ratio

UDOW:

2.10

CURE:

-0.04

Martin Ratio

UDOW:

5.75

CURE:

-0.11

Ulcer Index

UDOW:

6.57%

CURE:

11.91%

Daily Std Dev

UDOW:

33.68%

CURE:

32.47%

Max Drawdown

UDOW:

-80.29%

CURE:

-69.19%

Current Drawdown

UDOW:

-14.25%

CURE:

-35.31%

Returns By Period

In the year-to-date period, UDOW achieves a 31.77% return, which is significantly higher than CURE's -8.58% return. Over the past 10 years, UDOW has outperformed CURE with an annualized return of 18.96%, while CURE has yielded a comparatively lower 12.21% annualized return.


UDOW

YTD

31.77%

1M

-7.50%

6M

23.50%

1Y

34.58%

5Y*

10.07%

10Y*

18.96%

CURE

YTD

-8.58%

1M

-11.40%

6M

-21.83%

1Y

-4.48%

5Y*

5.26%

10Y*

12.21%

Compare stocks, funds, or ETFs

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


UDOW vs. CURE - Expense Ratio Comparison

UDOW has a 0.95% expense ratio, which is lower than CURE's 1.08% expense ratio.


CURE
Direxion Daily Healthcare Bull 3x Shares
Expense ratio chart for CURE: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
Expense ratio chart for UDOW: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for UDOW, currently valued at 1.12, compared to the broader market0.002.004.001.12-0.04
The chart of Sortino ratio for UDOW, currently valued at 1.65, compared to the broader market-2.000.002.004.006.008.0010.001.650.17
The chart of Omega ratio for UDOW, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.001.211.02
The chart of Calmar ratio for UDOW, currently valued at 2.10, compared to the broader market0.005.0010.0015.002.10-0.04
The chart of Martin ratio for UDOW, currently valued at 5.75, compared to the broader market0.0020.0040.0060.0080.00100.005.75-0.11
UDOW
CURE

The current UDOW Sharpe Ratio is 1.12, which is higher than the CURE Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of UDOW and CURE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.12
-0.04
UDOW
CURE

Dividends

UDOW vs. CURE - Dividend Comparison

UDOW's dividend yield for the trailing twelve months is around 0.77%, less than CURE's 1.04% yield.


TTM20232022202120202019201820172016201520142013
UDOW
ProShares UltraPro Dow30
0.77%0.95%0.83%0.26%0.19%0.61%0.73%0.13%0.67%0.21%0.46%0.35%
CURE
Direxion Daily Healthcare Bull 3x Shares
1.04%2.02%0.38%0.02%0.17%0.40%0.70%0.18%0.00%0.00%0.00%1.24%

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.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.25%
-35.31%
UDOW
CURE

Volatility

UDOW vs. CURE - Volatility Comparison

ProShares UltraPro Dow30 (UDOW) has a higher volatility of 11.47% compared to Direxion Daily Healthcare Bull 3x Shares (CURE) at 10.38%. This indicates that UDOW's price experiences larger fluctuations and is considered to be riskier than CURE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
11.47%
10.38%
UDOW
CURE
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab