UJB vs. VOO
Compare and contrast key facts about ProShares Ultra High Yield (UJB) and Vanguard S&P 500 ETF (VOO).
UJB and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UJB is a passively managed fund by ProShares that tracks the performance of the iBoxx $ Liquid High Yield Index (200%). It was launched on Apr 13, 2011. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both UJB and VOO 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: UJB or VOO.
Key characteristics
| UJB | VOO | |
|---|---|---|
| YTD Return | 11.53% | 27.15% |
| 1Y Return | 24.39% | 39.90% |
| 3Y Return (Ann) | 0.32% | 10.28% |
| 5Y Return (Ann) | 3.29% | 16.00% |
| 10Y Return (Ann) | 7.48% | 13.43% |
| Sharpe Ratio | 2.44 | 3.15 |
| Sortino Ratio | 3.61 | 4.19 |
| Omega Ratio | 1.45 | 1.59 |
| Calmar Ratio | 1.18 | 4.60 |
| Martin Ratio | 16.19 | 21.00 |
| Ulcer Index | 1.41% | 1.85% |
| Daily Std Dev | 9.36% | 12.34% |
| Max Drawdown | -40.14% | -33.99% |
| Current Drawdown | -0.08% | 0.00% |
Correlation
The correlation between UJB and VOO is 0.46, 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
UJB vs. VOO - Performance Comparison
In the year-to-date period, UJB achieves a 11.53% return, which is significantly lower than VOO's 27.15% return. Over the past 10 years, UJB has underperformed VOO with an annualized return of 7.48%, while VOO has yielded a comparatively higher 13.43% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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UJB vs. VOO - Expense Ratio Comparison
UJB has a 1.27% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
UJB vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra High Yield (UJB) and Vanguard S&P 500 ETF (VOO). 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
UJB vs. VOO - Dividend Comparison
UJB's dividend yield for the trailing twelve months is around 2.97%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UJB ProShares Ultra High Yield | 2.97% | 3.92% | 0.05% | 0.31% | 2.88% | 3.95% | 3.22% | 2.67% | 2.36% | 3.62% | 0.30% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
UJB vs. VOO - Drawdown Comparison
The maximum UJB drawdown since its inception was -40.14%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for UJB and VOO. For additional features, visit the drawdowns tool.
Volatility
UJB vs. VOO - Volatility Comparison
The current volatility for ProShares Ultra High Yield (UJB) is 2.06%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.95%. This indicates that UJB experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.