UGE vs. XLY
Compare and contrast key facts about ProShares Ultra Consumer Goods (UGE) and Consumer Discretionary Select Sector SPDR Fund (XLY).
UGE and XLY 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. XLY is a passively managed fund by State Street that tracks the performance of the Consumer Discretionary Select Sector Index. It was launched on Dec 16, 1998. Both UGE and XLY 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 XLY.
Correlation
The correlation between UGE and XLY 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.
Performance
UGE vs. XLY - Performance Comparison
Key characteristics
UGE:
0.58
XLY:
1.50
UGE:
0.94
XLY:
2.06
UGE:
1.11
XLY:
1.26
UGE:
0.23
XLY:
1.56
UGE:
2.26
XLY:
7.62
UGE:
4.96%
XLY:
3.69%
UGE:
19.19%
XLY:
18.68%
UGE:
-71.36%
XLY:
-59.05%
UGE:
-42.31%
XLY:
-6.68%
Returns By Period
In the year-to-date period, UGE achieves a -3.21% return, which is significantly lower than XLY's -0.60% return. Over the past 10 years, UGE has underperformed XLY with an annualized return of 9.48%, while XLY has yielded a comparatively higher 13.45% annualized return.
UGE
-3.21%
-10.65%
-1.04%
10.70%
6.56%
9.48%
XLY
-0.60%
-3.72%
16.95%
28.56%
13.04%
13.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UGE vs. XLY - Expense Ratio Comparison
UGE has a 0.95% expense ratio, which is higher than XLY's 0.13% expense ratio.
Risk-Adjusted Performance
UGE vs. XLY — Risk-Adjusted Performance Rank
UGE
XLY
UGE vs. XLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Consumer Goods (UGE) and Consumer Discretionary Select Sector SPDR Fund (XLY). 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. XLY - Dividend Comparison
UGE's dividend yield for the trailing twelve months is around 1.48%, more than XLY's 0.73% 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% |
XLY Consumer Discretionary Select Sector SPDR Fund | 0.73% | 0.72% | 0.78% | 1.00% | 0.53% | 0.82% | 1.28% | 1.34% | 1.20% | 1.71% | 1.43% | 1.31% |
Drawdowns
UGE vs. XLY - Drawdown Comparison
The maximum UGE drawdown since its inception was -71.36%, which is greater than XLY's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for UGE and XLY. For additional features, visit the drawdowns tool.
Volatility
UGE vs. XLY - Volatility Comparison
The current volatility for ProShares Ultra Consumer Goods (UGE) is 5.19%, while Consumer Discretionary Select Sector SPDR Fund (XLY) has a volatility of 7.08%. This indicates that UGE experiences smaller price fluctuations and is considered to be less risky than XLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.