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UGL vs. JNUG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UGL and JNUG is -0.01. 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.


Performance

UGL vs. JNUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Gold (UGL) and Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

UGL:

2.25

JNUG:

1.10

Sortino Ratio

UGL:

2.86

JNUG:

1.94

Omega Ratio

UGL:

1.36

JNUG:

1.24

Calmar Ratio

UGL:

2.18

JNUG:

0.99

Martin Ratio

UGL:

12.98

JNUG:

5.24

Ulcer Index

UGL:

6.44%

JNUG:

18.92%

Daily Std Dev

UGL:

35.67%

JNUG:

76.04%

Max Drawdown

UGL:

-75.93%

JNUG:

-99.95%

Current Drawdown

UGL:

-6.19%

JNUG:

-99.80%

Returns By Period

In the year-to-date period, UGL achieves a 52.32% return, which is significantly lower than JNUG's 106.03% return. Over the past 10 years, UGL has outperformed JNUG with an annualized return of 13.58%, while JNUG has yielded a comparatively lower -29.41% annualized return.


UGL

YTD

52.32%

1M

8.66%

6M

43.86%

1Y

76.29%

5Y*

19.37%

10Y*

13.58%

JNUG

YTD

106.03%

1M

19.57%

6M

57.59%

1Y

84.85%

5Y*

-0.96%

10Y*

-29.41%

*Annualized

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UGL vs. JNUG - Expense Ratio Comparison

UGL has a 0.95% expense ratio, which is lower than JNUG's 1.17% expense ratio.


Risk-Adjusted Performance

UGL vs. JNUG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UGL
The Risk-Adjusted Performance Rank of UGL is 9595
Overall Rank
The Sharpe Ratio Rank of UGL is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of UGL is 9595
Sortino Ratio Rank
The Omega Ratio Rank of UGL is 9393
Omega Ratio Rank
The Calmar Ratio Rank of UGL is 9494
Calmar Ratio Rank
The Martin Ratio Rank of UGL is 9595
Martin Ratio Rank

JNUG
The Risk-Adjusted Performance Rank of JNUG is 8686
Overall Rank
The Sharpe Ratio Rank of JNUG is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of JNUG is 8989
Sortino Ratio Rank
The Omega Ratio Rank of JNUG is 8787
Omega Ratio Rank
The Calmar Ratio Rank of JNUG is 8383
Calmar Ratio Rank
The Martin Ratio Rank of JNUG is 8686
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UGL vs. JNUG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Gold (UGL) and Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG). 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.


The current UGL Sharpe Ratio is 2.25, which is higher than the JNUG Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of UGL and JNUG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

UGL vs. JNUG - Dividend Comparison

UGL has not paid dividends to shareholders, while JNUG's dividend yield for the trailing twelve months is around 1.62%.


TTM20242023202220212020201920182017201620152014
UGL
ProShares Ultra Gold
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
JNUG
Direxion Daily Junior Gold Miners Index Bull 2x Shares
1.62%2.01%1.62%0.00%0.52%0.10%0.49%0.05%0.52%0.00%0.00%4.64%

Drawdowns

UGL vs. JNUG - Drawdown Comparison

The maximum UGL drawdown since its inception was -75.93%, smaller than the maximum JNUG drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for UGL and JNUG. For additional features, visit the drawdowns tool.


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Volatility

UGL vs. JNUG - Volatility Comparison

The current volatility for ProShares Ultra Gold (UGL) is 17.12%, while Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) has a volatility of 27.16%. This indicates that UGL experiences smaller price fluctuations and is considered to be less risky than JNUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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