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UDOW vs. SDOW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UDOW and SDOW is -1.00. 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.


-0.50.00.51.0-1.0

Performance

UDOW vs. SDOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraPro Dow30 (UDOW) and ProShares UltraPro Short Dow30 (SDOW). The values are adjusted to include any dividend payments, if applicable.

0.00%1,000.00%2,000.00%3,000.00%4,000.00%JulyAugustSeptemberOctoberNovemberDecember
3,086.26%
-99.93%
UDOW
SDOW

Key characteristics

Sharpe Ratio

UDOW:

1.12

SDOW:

-0.94

Sortino Ratio

UDOW:

1.65

SDOW:

-1.33

Omega Ratio

UDOW:

1.21

SDOW:

0.85

Calmar Ratio

UDOW:

2.10

SDOW:

-0.32

Martin Ratio

UDOW:

5.75

SDOW:

-1.57

Ulcer Index

UDOW:

6.57%

SDOW:

20.22%

Daily Std Dev

UDOW:

33.68%

SDOW:

33.67%

Max Drawdown

UDOW:

-80.29%

SDOW:

-99.94%

Current Drawdown

UDOW:

-14.25%

SDOW:

-99.93%

Returns By Period

In the year-to-date period, UDOW achieves a 31.77% return, which is significantly higher than SDOW's -28.77% return. Over the past 10 years, UDOW has outperformed SDOW with an annualized return of 18.96%, while SDOW has yielded a comparatively lower -36.28% annualized return.


UDOW

YTD

31.77%

1M

-7.50%

6M

23.50%

1Y

34.58%

5Y*

10.07%

10Y*

18.96%

SDOW

YTD

-28.77%

1M

3.99%

6M

-23.29%

1Y

-30.10%

5Y*

-38.32%

10Y*

-36.28%

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. SDOW - Expense Ratio Comparison

Both UDOW and SDOW have an expense ratio of 0.95%.


UDOW
ProShares UltraPro Dow30
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%
Expense ratio chart for SDOW: 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. SDOW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Dow30 (UDOW) and ProShares UltraPro Short Dow30 (SDOW). 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 market0.002.004.001.12-0.94
The chart of Sortino ratio for UDOW, currently valued at 1.65, compared to the broader market-2.000.002.004.006.008.0010.001.65-1.33
The chart of Omega ratio for UDOW, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.001.210.85
The chart of Calmar ratio for UDOW, currently valued at 2.10, compared to the broader market0.005.0010.0015.002.10-0.32
The chart of Martin ratio for UDOW, currently valued at 5.75, compared to the broader market0.0020.0040.0060.0080.00100.005.75-1.57
UDOW
SDOW

The current UDOW Sharpe Ratio is 1.12, which is higher than the SDOW Sharpe Ratio of -0.94. The chart below compares the historical Sharpe Ratios of UDOW and SDOW, 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 Ratio-2.00-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.12
-0.94
UDOW
SDOW

Dividends

UDOW vs. SDOW - Dividend Comparison

UDOW's dividend yield for the trailing twelve months is around 0.77%, less than SDOW's 6.01% 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%
SDOW
ProShares UltraPro Short Dow30
6.01%5.38%0.36%0.00%0.52%2.17%1.23%0.09%0.00%0.00%0.00%0.00%

Drawdowns

UDOW vs. SDOW - Drawdown Comparison

The maximum UDOW drawdown since its inception was -80.29%, smaller than the maximum SDOW drawdown of -99.94%. Use the drawdown chart below to compare losses from any high point for UDOW and SDOW. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.25%
-99.93%
UDOW
SDOW

Volatility

UDOW vs. SDOW - Volatility Comparison

ProShares UltraPro Dow30 (UDOW) and ProShares UltraPro Short Dow30 (SDOW) have volatilities of 11.47% and 11.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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%
11.22%
UDOW
SDOW
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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.

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