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UPV vs. UDOW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UPV and UDOW is 0.70, 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.


-0.50.00.51.00.7

Performance

UPV vs. UDOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Europe (UPV) and ProShares UltraPro Dow30 (UDOW). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-12.55%
19.21%
UPV
UDOW

Key characteristics

Sharpe Ratio

UPV:

0.13

UDOW:

0.90

Sortino Ratio

UPV:

0.35

UDOW:

1.40

Omega Ratio

UPV:

1.04

UDOW:

1.18

Calmar Ratio

UPV:

0.13

UDOW:

1.70

Martin Ratio

UPV:

0.43

UDOW:

4.75

Ulcer Index

UPV:

7.76%

UDOW:

6.42%

Daily Std Dev

UPV:

26.54%

UDOW:

33.78%

Max Drawdown

UPV:

-67.25%

UDOW:

-80.29%

Current Drawdown

UPV:

-22.82%

UDOW:

-17.25%

Returns By Period

In the year-to-date period, UPV achieves a -3.56% return, which is significantly lower than UDOW's 27.16% return. Over the past 10 years, UPV has underperformed UDOW with an annualized return of 3.42%, while UDOW has yielded a comparatively higher 18.98% annualized return.


UPV

YTD

-3.56%

1M

-2.54%

6M

-12.14%

1Y

-2.04%

5Y*

1.12%

10Y*

3.42%

UDOW

YTD

27.16%

1M

-7.91%

6M

21.84%

1Y

27.96%

5Y*

9.50%

10Y*

18.98%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


UPV vs. UDOW - Expense Ratio Comparison

Both UPV and UDOW have an expense ratio of 0.95%.


UPV
ProShares Ultra Europe
Expense ratio chart for UPV: 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 UDOW: 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%

Risk-Adjusted Performance

UPV vs. UDOW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Europe (UPV) and ProShares UltraPro Dow30 (UDOW). 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 UPV, currently valued at -0.00, compared to the broader market0.002.004.00-0.000.90
The chart of Sortino ratio for UPV, currently valued at 0.18, compared to the broader market-2.000.002.004.006.008.0010.000.181.40
The chart of Omega ratio for UPV, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.001.021.18
The chart of Calmar ratio for UPV, currently valued at -0.00, compared to the broader market0.005.0010.0015.00-0.001.70
The chart of Martin ratio for UPV, currently valued at -0.01, compared to the broader market0.0020.0040.0060.0080.00100.00-0.014.75
UPV
UDOW

The current UPV Sharpe Ratio is 0.13, which is lower than the UDOW Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of UPV and UDOW, 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 Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.00
0.90
UPV
UDOW

Dividends

UPV vs. UDOW - Dividend Comparison

UPV's dividend yield for the trailing twelve months is around 2.37%, more than UDOW's 0.95% yield.


TTM20232022202120202019201820172016201520142013
UPV
ProShares Ultra Europe
1.76%1.56%0.00%0.00%0.00%0.64%3.79%0.00%0.00%0.00%0.00%0.00%
UDOW
ProShares UltraPro Dow30
0.80%0.95%0.83%0.26%0.19%0.61%0.73%0.13%0.67%0.21%0.46%0.35%

Drawdowns

UPV vs. UDOW - Drawdown Comparison

The maximum UPV drawdown since its inception was -67.25%, smaller than the maximum UDOW drawdown of -80.29%. Use the drawdown chart below to compare losses from any high point for UPV and UDOW. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-22.82%
-17.25%
UPV
UDOW

Volatility

UPV vs. UDOW - Volatility Comparison

The current volatility for ProShares Ultra Europe (UPV) is 6.68%, while ProShares UltraPro Dow30 (UDOW) has a volatility of 10.87%. This indicates that UPV experiences smaller price fluctuations and is considered to be less risky than UDOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
6.68%
10.87%
UPV
UDOW
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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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