UPLT vs. YGLD

Last updated Jun 30, 2026

UPLT (ProShares Ultra Platinum K-1 Free ETF) and YGLD (Simplify Gold Strategy PLUS Income ETF) are both exchange-traded funds - UPLT is a Leveraged Commodities fund actively managed by ProShares, while YGLD is a Gold fund actively managed by Simplify. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. UPLT charges 0.95%/yr vs 0.50%/yr for YGLD.

Performance

UPLT vs. YGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Platinum K-1 Free ETF (UPLT) and Simplify Gold Strategy PLUS Income ETF (YGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UPLT

• 1D: -5.97%
• 1M: -34.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YGLD

• 1D: -2.13%
• 1M: -16.44%
• YTD: -20.00%
• 6M: -21.30%
• 1Y: 9.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UPLT vs. YGLD - Yearly Performance Comparison

	2026 (YTD)
UPLT ProShares Ultra Platinum K-1 Free ETF	-46.55%
YGLD Simplify Gold Strategy PLUS Income ETF	-23.34%

Correlation

The correlation between UPLT and YGLD is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.82

Return for Risk

UPLT vs. YGLD — Risk / Return Rank

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

UPLT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

YGLD

YGLD Risk / Return Rank: 12
YGLD Sharpe Ratio Rank: 12
YGLD Sortino Ratio Rank: 12
YGLD Omega Ratio Rank: 13
YGLD Calmar Ratio Rank: 11
YGLD Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UPLT vs. YGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Platinum K-1 Free ETF (UPLT) and Simplify Gold Strategy PLUS Income ETF (YGLD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UPLT	YGLD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.22	—
Sortino ratio: Return per unit of downside risk	—	0.55	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	0.21	—
Martin ratio: Return relative to average drawdown	—	0.51	—

Drawdowns

UPLT vs. YGLD - Drawdown Comparison

The maximum UPLT drawdown since its inception was -48.98%, which is greater than YGLD's maximum drawdown of -42.80%. Use the drawdown chart below to compare losses from any high point for UPLT and YGLD.

Drawdown Indicators

	UPLT	YGLD	Difference
Max Drawdown Largest peak-to-trough decline	-48.98%	-42.80%	-6.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.80%	—
Current Drawdown Current decline from peak	-48.53%	-42.27%	-6.26%
Average Drawdown Average peak-to-trough decline	-22.26%	-9.21%	-13.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	17.88%	—

Volatility

Volatility by Period

	UPLT	YGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	82.73%	42.04%	+40.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.73%	39.53%	+43.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.73%	39.53%	+43.20%

UPLT vs. YGLD - Expense Ratio Comparison

UPLT has a 0.95% expense ratio, which is higher than YGLD's 0.50% expense ratio.

Dividends

UPLT vs. YGLD - Dividend Comparison

UPLT's dividend yield for the trailing twelve months is around 0.29%, less than YGLD's 21.80% yield.

Position	TTM	2025
UPLT ProShares Ultra Platinum K-1 Free ETF	0.29%	0.00%
YGLD Simplify Gold Strategy PLUS Income ETF	21.80%	12.05%

Frequently Asked Questions

Can I hold both UPLT and YGLD in my portfolio?

UPLT and YGLD have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UPLT or YGLD?

On fees, YGLD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UPLT or YGLD?

YGLD is cheaper with a 0.50% expense ratio, compared with 0.95% for UPLT.

Which ETF pays a higher dividend yield, UPLT or YGLD?

YGLD has the higher dividend yield at 21.80%, compared with 0.29% for UPLT.

What is the main difference between UPLT and YGLD?

UPLT is categorized as Leveraged Commodities, while YGLD is Gold. They also come from different issuers: ProShares and Simplify. Their fees differ too: 0.95% for UPLT and 0.50% for YGLD.