Correlation
The correlation between UGE and XLP is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
UGE vs. XLP
Compare and contrast key facts about ProShares Ultra Consumer Goods (UGE) and Consumer Staples Select Sector SPDR Fund (XLP).
UGE and XLP 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. XLP is a passively managed fund by State Street that tracks the performance of the Consumer Staples Select Sector Index. It was launched on Dec 16, 1998. Both UGE and XLP 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 XLP.
Performance
UGE vs. XLP - Performance Comparison
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Key characteristics
UGE:
0.54
XLP:
0.87
UGE:
0.87
XLP:
1.24
UGE:
1.11
XLP:
1.16
UGE:
0.30
XLP:
1.33
UGE:
1.71
XLP:
3.52
UGE:
7.87%
XLP:
3.15%
UGE:
26.96%
XLP:
13.39%
UGE:
-71.36%
XLP:
-35.89%
UGE:
-35.68%
XLP:
-0.40%
Returns By Period
In the year-to-date period, UGE achieves a 7.93% return, which is significantly higher than XLP's 5.93% return. Over the past 10 years, UGE has outperformed XLP with an annualized return of 9.80%, while XLP has yielded a comparatively lower 8.30% annualized return.
UGE
7.93%
3.41%
-2.89%
11.24%
-1.27%
13.36%
9.80%
XLP
5.93%
2.11%
0.82%
9.88%
6.42%
9.79%
8.30%
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UGE vs. XLP - Expense Ratio Comparison
UGE has a 0.95% expense ratio, which is higher than XLP's 0.13% expense ratio.
Risk-Adjusted Performance
UGE vs. XLP — Risk-Adjusted Performance Rank
UGE
XLP
UGE vs. XLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Consumer Goods (UGE) and Consumer Staples Select Sector SPDR Fund (XLP). 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.
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Dividends
UGE vs. XLP - Dividend Comparison
UGE's dividend yield for the trailing twelve months is around 1.52%, less than XLP's 2.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UGE ProShares Ultra Consumer Goods | 1.52% | 1.43% | 1.19% | 0.74% | 0.20% | 0.41% | 0.87% | 0.76% | 0.68% | 0.76% | 0.60% | 0.55% |
XLP Consumer Staples Select Sector SPDR Fund | 2.46% | 2.77% | 2.63% | 2.47% | 2.28% | 2.50% | 2.57% | 3.04% | 2.62% | 2.53% | 2.53% | 2.40% |
Drawdowns
UGE vs. XLP - Drawdown Comparison
The maximum UGE drawdown since its inception was -71.36%, which is greater than XLP's maximum drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for UGE and XLP.
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Volatility
UGE vs. XLP - Volatility Comparison
ProShares Ultra Consumer Goods (UGE) has a higher volatility of 7.62% compared to Consumer Staples Select Sector SPDR Fund (XLP) at 3.70%. This indicates that UGE's price experiences larger fluctuations and is considered to be riskier than XLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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