UGE vs. IYK
Compare and contrast key facts about ProShares Ultra Consumer Goods (UGE) and iShares U.S. Consumer Goods ETF (IYK).
UGE and IYK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UGE is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Consumer Goods Index (200%). It was launched on Jan 30, 2007. IYK is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Consumer Goods Index. It was launched on Jun 12, 2000. Both UGE and IYK 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: UGE or IYK.
Correlation
The correlation between UGE and IYK is 0.79, 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
UGE vs. IYK - Performance Comparison
Key characteristics
UGE:
0.58
IYK:
0.23
UGE:
0.94
IYK:
0.40
UGE:
1.11
IYK:
1.05
UGE:
0.23
IYK:
0.25
UGE:
2.26
IYK:
0.80
UGE:
4.96%
IYK:
2.96%
UGE:
19.19%
IYK:
10.15%
UGE:
-71.36%
IYK:
-42.64%
UGE:
-42.31%
IYK:
-9.19%
Returns By Period
In the year-to-date period, UGE achieves a -3.21% return, which is significantly lower than IYK's -1.63% return. Over the past 10 years, UGE has outperformed IYK with an annualized return of 9.48%, while IYK has yielded a comparatively lower 8.74% annualized return.
UGE
-3.21%
-10.65%
-1.04%
10.70%
6.56%
9.48%
IYK
-1.63%
-5.60%
-0.24%
2.27%
10.21%
8.74%
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UGE vs. IYK - Expense Ratio Comparison
UGE has a 0.95% expense ratio, which is higher than IYK's 0.42% expense ratio.
Risk-Adjusted Performance
UGE vs. IYK — Risk-Adjusted Performance Rank
UGE
IYK
UGE vs. IYK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Consumer Goods (UGE) and iShares U.S. Consumer Goods ETF (IYK). 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
UGE vs. IYK - Dividend Comparison
UGE's dividend yield for the trailing twelve months is around 1.48%, less than IYK's 2.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UGE ProShares Ultra Consumer Goods | 1.48% | 1.43% | 1.19% | 0.74% | 0.20% | 0.41% | 0.87% | 0.76% | 0.68% | 0.76% | 0.60% | 0.55% |
IYK iShares U.S. Consumer Goods ETF | 2.67% | 2.63% | 2.74% | 2.16% | 1.49% | 1.42% | 2.21% | 2.81% | 1.74% | 2.63% | 2.11% | 1.82% |
Drawdowns
UGE vs. IYK - Drawdown Comparison
The maximum UGE drawdown since its inception was -71.36%, which is greater than IYK's maximum drawdown of -42.64%. Use the drawdown chart below to compare losses from any high point for UGE and IYK. For additional features, visit the drawdowns tool.
Volatility
UGE vs. IYK - Volatility Comparison
ProShares Ultra Consumer Goods (UGE) has a higher volatility of 5.19% compared to iShares U.S. Consumer Goods ETF (IYK) at 2.84%. This indicates that UGE's price experiences larger fluctuations and is considered to be riskier than IYK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.