UJB vs. BOEG
UJB (ProShares Ultra High Yield) and BOEG (Leverage Shares 2X Long BA Daily ETF) are both exchange-traded funds - UJB is a Leveraged Bonds fund tracking the Markit iBoxx $ Liquid High Yield Index, while BOEG is a Leveraged Equities fund actively managed by Leverage Shares. UJB is passively managed, while BOEG is actively managed. At a 0.37 correlation, their price movements are largely independent. UJB charges 0.95%/yr vs 0.75%/yr for BOEG.
Performance
UJB vs. BOEG - Performance Comparison
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Returns By Period
In the year-to-date period, UJB achieves a 0.81% return, which is significantly higher than BOEG's -14.18% return.
UJB
- 1D
- -0.45%
- 1M
- 0.33%
- YTD
- 0.81%
- 6M
- 1.28%
- 1Y
- 8.44%
- 3Y*
- 11.49%
- 5Y*
- 3.01%
- 10Y*
- 6.36%
BOEG
- 1D
- -6.30%
- 1M
- -11.15%
- YTD
- -14.18%
- 6M
- -2.43%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UJB vs. BOEG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UJB ProShares Ultra High Yield | 0.81% | 7.79% |
BOEG Leverage Shares 2X Long BA Daily ETF | -14.18% | 6.85% |
Correlation
The correlation between UJB and BOEG is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025 | 0.37 |
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Return for Risk
UJB vs. BOEG — Risk / Return Rank
UJB
BOEG
UJB vs. BOEG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra High Yield (UJB) and Leverage Shares 2X Long BA Daily ETF (BOEG). 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.
| UJB | BOEG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.22 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | — | — |
| Martin ratioReturn relative to average drawdown | 7.20 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UJB | BOEG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | -0.14 | +0.47 |
Drawdowns
UJB vs. BOEG - Drawdown Comparison
The maximum UJB drawdown since its inception was -40.14%, smaller than the maximum BOEG drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for UJB and BOEG.
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Drawdown Indicators
| UJB | BOEG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.14% | -46.47% | +6.33% |
Max Drawdown (1Y)Largest decline over 1 year | -5.01% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -9.47% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -30.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.14% | — | — |
Current DrawdownCurrent decline from peak | -0.85% | -35.57% | +34.72% |
Average DrawdownAverage peak-to-trough decline | -6.17% | -19.06% | +12.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.17% | — | — |
Volatility
UJB vs. BOEG - Volatility Comparison
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Volatility by Period
| UJB | BOEG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.29% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.76% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.29% | 63.38% | -56.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.67% | 63.38% | -48.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.28% | 63.38% | -45.10% |
UJB vs. BOEG - Expense Ratio Comparison
UJB has a 0.95% expense ratio, which is higher than BOEG's 0.75% expense ratio.
Dividends
UJB vs. BOEG - Dividend Comparison
UJB's dividend yield for the trailing twelve months is around 3.35%, while BOEG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOEG Leverage Shares 2X Long BA Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UJB ProShares Ultra High Yield | 3.35% | 2.61% | 3.02% | 3.92% | 0.05% | 0.63% | 2.88% | 3.95% | 3.22% | 2.67% | 2.35% | 3.62% |
Frequently Asked Questions
UJB and BOEG have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BOEG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BOEG is cheaper with a 0.75% expense ratio, compared with 0.95% for UJB.
UJB has the higher dividend yield at 3.35%, compared with 0.00% for BOEG.
UJB is categorized as Leveraged Bonds, while BOEG is Leveraged Equities. They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for UJB and 0.75% for BOEG.
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