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UMDD vs. XLG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UMDD and XLG is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

UMDD vs. XLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraPro MidCap400 (UMDD) and Invesco S&P 500® Top 50 ETF (XLG). The values are adjusted to include any dividend payments, if applicable.

600.00%800.00%1,000.00%1,200.00%1,400.00%1,600.00%JulyAugustSeptemberOctoberNovemberDecember
1,216.97%
702.09%
UMDD
XLG

Key characteristics

Sharpe Ratio

UMDD:

0.49

XLG:

2.24

Sortino Ratio

UMDD:

0.97

XLG:

2.92

Omega Ratio

UMDD:

1.12

XLG:

1.41

Calmar Ratio

UMDD:

0.49

XLG:

2.98

Martin Ratio

UMDD:

2.37

XLG:

12.32

Ulcer Index

UMDD:

9.83%

XLG:

2.74%

Daily Std Dev

UMDD:

47.97%

XLG:

15.08%

Max Drawdown

UMDD:

-86.24%

XLG:

-52.39%

Current Drawdown

UMDD:

-29.69%

XLG:

-3.08%

Returns By Period

In the year-to-date period, UMDD achieves a 19.71% return, which is significantly lower than XLG's 33.36% return. Over the past 10 years, UMDD has underperformed XLG with an annualized return of 9.15%, while XLG has yielded a comparatively higher 15.12% annualized return.


UMDD

YTD

19.71%

1M

-10.07%

6M

10.00%

1Y

18.90%

5Y*

1.77%

10Y*

9.15%

XLG

YTD

33.36%

1M

2.50%

6M

8.84%

1Y

33.15%

5Y*

17.95%

10Y*

15.12%

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UMDD vs. XLG - Expense Ratio Comparison

UMDD has a 0.95% expense ratio, which is higher than XLG's 0.20% expense ratio.


UMDD
ProShares UltraPro MidCap400
Expense ratio chart for UMDD: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for XLG: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

UMDD vs. XLG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro MidCap400 (UMDD) and Invesco S&P 500® Top 50 ETF (XLG). 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.


Sharpe ratio
The chart of Sharpe ratio for UMDD, currently valued at 0.49, compared to the broader market0.002.004.000.492.24
The chart of Sortino ratio for UMDD, currently valued at 0.97, compared to the broader market-2.000.002.004.006.008.0010.000.972.92
The chart of Omega ratio for UMDD, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.41
The chart of Calmar ratio for UMDD, currently valued at 0.49, compared to the broader market0.005.0010.0015.000.492.98
The chart of Martin ratio for UMDD, currently valued at 2.37, compared to the broader market0.0020.0040.0060.0080.00100.002.3712.32
UMDD
XLG

The current UMDD Sharpe Ratio is 0.49, which is lower than the XLG Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of UMDD and XLG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.49
2.24
UMDD
XLG

Dividends

UMDD vs. XLG - Dividend Comparison

UMDD's dividend yield for the trailing twelve months is around 0.50%, less than XLG's 0.54% yield.


TTM20232022202120202019201820172016201520142013
UMDD
ProShares UltraPro MidCap400
0.50%0.19%0.49%0.06%0.08%0.64%0.32%0.00%0.03%0.06%0.08%0.00%
XLG
Invesco S&P 500® Top 50 ETF
0.54%0.97%1.34%0.94%1.25%1.58%2.00%1.85%2.00%2.09%1.97%1.97%

Drawdowns

UMDD vs. XLG - Drawdown Comparison

The maximum UMDD drawdown since its inception was -86.24%, which is greater than XLG's maximum drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for UMDD and XLG. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-29.69%
-3.08%
UMDD
XLG

Volatility

UMDD vs. XLG - Volatility Comparison

ProShares UltraPro MidCap400 (UMDD) has a higher volatility of 16.40% compared to Invesco S&P 500® Top 50 ETF (XLG) at 4.07%. This indicates that UMDD's price experiences larger fluctuations and is considered to be riskier than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
16.40%
4.07%
UMDD
XLG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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