UPRO vs. RSSB
UPRO (ProShares UltraPro S&P 500) and RSSB (Return Stacked Global Stocks & Bonds ETF) are both exchange-traded funds - UPRO is a Leveraged Equities fund tracking the S&P 500, while RSSB is a Global Allocation fund actively managed by Return Stacked. UPRO is passively managed, while RSSB is actively managed. Over the past year, UPRO returned 60.49% vs 20.74% for RSSB. Their correlation of 0.85 means they have usually moved in the same direction. UPRO charges 0.89%/yr vs 0.39%/yr for RSSB.
Performance
UPRO vs. RSSB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UPRO achieves a 26.96% return, which is significantly higher than RSSB's 8.68% return.
UPRO
- 1D
- 4.31%
- 1M
- 3.94%
- 6M
- 21.04%
- YTD
- 26.96%
- 1Y
- 60.49%
- 3Y*
- 46.49%
- 5Y*
- 20.10%
- 10Y*
- 28.55%
- ALL TIME*
- 33.42%
RSSB
- 1D
- 1.07%
- 1M
- -0.07%
- 6M
- 5.74%
- YTD
- 8.68%
- 1Y
- 20.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.37M | $1.98M | $1.96M | |
| $303.16M | $293.07M | $361.38M |
UPRO vs. RSSB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UPRO ProShares UltraPro S&P 500 | 26.96% | 31.88% | 63.57% | 12.76% |
RSSB Return Stacked Global Stocks & Bonds ETF | 8.68% | 25.16% | 10.53% | 6.63% |
Correlation
The correlation between UPRO and RSSB is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2023 | 0.85 |
The correlation between UPRO and RSSB has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UPRO vs. RSSB — Risk / Return Rank
UPRO
RSSB
UPRO vs. RSSB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro S&P 500 (UPRO) and Return Stacked Global Stocks & Bonds ETF (RSSB). 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.
| UPRO | RSSB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.23 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 1.79 | +0.48 |
| Martin ratioReturn relative to average drawdown | 8.68 | 6.90 | +1.78 |
Loading charts...
Drawdowns
UPRO vs. RSSB - Drawdown Comparison
The maximum UPRO drawdown since its inception was -76.82%, which is greater than RSSB's maximum drawdown of -16.21%. Use the drawdown chart below to compare losses from any high point for UPRO and RSSB.
Loading charts...
Drawdown Indicators
| UPRO | RSSB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.82% | -16.21% | -60.61% |
Max Drawdown (1Y)Largest decline over 1 year | -26.78% | -11.63% | -15.15% |
Max Drawdown (3Y)Largest decline over 3 years | -48.87% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -63.94% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -76.82% | — | — |
Current DrawdownCurrent decline from peak | -2.80% | -2.02% | -0.78% |
Average DrawdownAverage peak-to-trough decline | -14.34% | -2.27% | -12.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.99% | 3.02% | +3.97% |
Volatility
UPRO vs. RSSB - Volatility Comparison
ProShares UltraPro S&P 500 (UPRO) has a higher volatility of 11.49% compared to Return Stacked Global Stocks & Bonds ETF (RSSB) at 4.57%. This indicates that UPRO's price experiences larger fluctuations and is considered to be riskier than RSSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UPRO | RSSB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.49% | 4.57% | +6.92% |
Volatility (6M)Calculated over the trailing 6-month period | 30.61% | 13.39% | +17.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.43% | 16.44% | +21.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.74% | 16.73% | +34.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.81% | 16.73% | +37.08% |
UPRO vs. RSSB - Expense Ratio Comparison
UPRO has a 0.89% expense ratio, which is higher than RSSB's 0.39% expense ratio.
Dividends
UPRO vs. RSSB - Dividend Comparison
UPRO's dividend yield for the trailing twelve months is around 0.74%, less than RSSB's 3.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSSB Return Stacked Global Stocks & Bonds ETF | 3.20% | 3.48% | 1.10% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UPRO ProShares UltraPro S&P 500 | 0.74% | 0.84% | 0.93% | 0.74% | 0.52% | 0.06% | 0.11% | 0.41% | 0.63% | 0.00% | 0.12% | 0.34% |
Frequently Asked Questions
UPRO and RSSB have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UPRO has higher volatility (11.49%) compared to RSSB (4.57%). In terms of maximum drawdown, UPRO dropped -76.82% vs RSSB's -16.21%.
On 1-year performance, UPRO leads with 60.49% vs 20.74% for RSSB. On fees, RSSB is cheaper at 0.39% per year. On volatility, RSSB has been the lower-risk option at 4.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, UPRO has performed better with a 60.49% return vs 20.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RSSB is cheaper with a 0.39% expense ratio, compared with 0.89% for UPRO.
RSSB has the higher dividend yield at 3.20%, compared with 0.74% for UPRO.
UPRO is categorized as Leveraged Equities, while RSSB is Global Allocation. They also come from different issuers: ProShares and Return Stacked. Their fees differ too: 0.89% for UPRO and 0.39% for RSSB.
UPRO currently has the higher Sharpe Ratio (1.58 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for UPRO and RSSB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer