UPRO vs. WGS
UPRO (ProShares UltraPro S&P 500) is Leveraged Equities fund tracking the S&P 500, while WGS (GeneDx Holdings Corp.) is a stock. Over the past 5 years, UPRO returned 20.37%/yr vs -32.92%/yr for WGS. At a 0.35 correlation, their price movements are largely independent.
Performance
UPRO vs. WGS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UPRO achieves a 17.21% return, which is significantly higher than WGS's -55.34% return.
UPRO
- 1D
- -4.27%
- 1M
- -5.38%
- YTD
- 17.21%
- 6M
- 13.86%
- 1Y
- 62.29%
- 3Y*
- 46.23%
- 5Y*
- 20.37%
- 10Y*
- 30.18%
WGS
- 1D
- 4.80%
- 1M
- 22.76%
- YTD
- -55.34%
- 6M
- -57.09%
- 1Y
- -27.14%
- 3Y*
- 111.60%
- 5Y*
- -32.92%
- 10Y*
- —
UPRO vs. WGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
UPRO ProShares UltraPro S&P 500 | 17.21% | 31.88% | 63.57% | 68.53% | -56.84% | 98.64% | 38.04% |
WGS GeneDx Holdings Corp. | -55.34% | 69.22% | 2,694.91% | -68.41% | -94.09% | -59.60% | 12.65% |
Correlation
The correlation between UPRO and WGS is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2020 | 0.35 |
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. WGS — Risk / Return Rank
UPRO
WGS
UPRO vs. WGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro S&P 500 (UPRO) and GeneDx Holdings Corp. (WGS). 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 | WGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.01 | ||
| Sortino ratioReturn per unit of downside risk | +2.01 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.02 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | -0.34 | +2.68 |
| Martin ratioReturn relative to average drawdown | 9.52 | -0.68 | +10.20 |
Loading charts...
Drawdowns
UPRO vs. WGS - Drawdown Comparison
The maximum UPRO drawdown since its inception was -76.82%, smaller than the maximum WGS drawdown of -99.85%. Use the drawdown chart below to compare losses from any high point for UPRO and WGS.
Loading charts...
Drawdown Indicators
| UPRO | WGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.82% | -99.85% | +23.03% |
Max Drawdown (1Y)Largest decline over 1 year | -26.78% | -79.40% | +52.62% |
Max Drawdown (3Y)Largest decline over 3 years | -48.87% | -84.28% | +35.41% |
Max Drawdown (5Y)Largest decline over 5 years | -63.94% | -99.73% | +35.79% |
Max Drawdown (10Y)Largest decline over 10 years | -76.82% | — | — |
Current DrawdownCurrent decline from peak | -10.27% | -93.18% | +82.91% |
Average DrawdownAverage peak-to-trough decline | -14.39% | -83.39% | +69.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.57% | 39.86% | -33.29% |
Volatility
UPRO vs. WGS - Volatility Comparison
The current volatility for ProShares UltraPro S&P 500 (UPRO) is 14.68%, while GeneDx Holdings Corp. (WGS) has a volatility of 22.71%. This indicates that UPRO experiences smaller price fluctuations and is considered to be less risky than WGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UPRO | WGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.68% | 22.71% | -8.03% |
Volatility (6M)Calculated over the trailing 6-month period | 29.49% | 86.16% | -56.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.35% | 85.76% | -48.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.62% | 110.07% | -59.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.79% | 107.32% | -53.53% |
Dividends
UPRO vs. WGS - Dividend Comparison
UPRO's dividend yield for the trailing twelve months is around 0.74%, while WGS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WGS GeneDx Holdings Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UPRO and WGS have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WGS has higher volatility (22.71%) compared to UPRO (14.68%). In terms of maximum drawdown, UPRO dropped -76.82% vs WGS's -99.85%.
UPRO currently has the higher Sharpe Ratio (1.68 vs -0.33), 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 WGS
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