UPV vs. VGK
Compare and contrast key facts about ProShares Ultra Europe (UPV) and Vanguard FTSE Europe ETF (VGK).
UPV and VGK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UPV is a passively managed fund by ProShares that tracks the performance of the MSCI Europe Index (200%). It was launched on Apr 30, 2010. VGK is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Europe Index. It was launched on Mar 4, 2005. Both UPV and VGK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UPV or VGK.
Performance
UPV vs. VGK - Performance Comparison
Returns By Period
In the year-to-date period, UPV achieves a -2.37% return, which is significantly lower than VGK's 2.48% return. Over the past 10 years, UPV has underperformed VGK with an annualized return of 2.77%, while VGK has yielded a comparatively higher 4.84% annualized return.
UPV
-2.37%
-11.90%
-13.38%
9.68%
2.87%
2.77%
VGK
2.48%
-5.82%
-5.01%
9.07%
6.05%
4.84%
Key characteristics
| UPV | VGK | |
|---|---|---|
| Sharpe Ratio | 0.47 | 0.71 |
| Sortino Ratio | 0.81 | 1.04 |
| Omega Ratio | 1.10 | 1.12 |
| Calmar Ratio | 0.40 | 0.93 |
| Martin Ratio | 1.95 | 3.03 |
| Ulcer Index | 6.37% | 3.06% |
| Daily Std Dev | 26.29% | 13.12% |
| Max Drawdown | -67.25% | -63.61% |
| Current Drawdown | -21.86% | -9.97% |
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UPV vs. VGK - Expense Ratio Comparison
UPV has a 0.95% expense ratio, which is higher than VGK's 0.08% expense ratio.
Correlation
The correlation between UPV and VGK is 0.91, 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.
Risk-Adjusted Performance
UPV vs. VGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Europe (UPV) and Vanguard FTSE Europe ETF (VGK). 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.
Dividends
UPV vs. VGK - Dividend Comparison
UPV's dividend yield for the trailing twelve months is around 2.34%, less than VGK's 3.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UPV ProShares Ultra Europe | 2.34% | 1.56% | 0.00% | 0.00% | 0.00% | 0.64% | 3.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGK Vanguard FTSE Europe ETF | 3.14% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% | 4.62% | 2.77% |
Drawdowns
UPV vs. VGK - Drawdown Comparison
The maximum UPV drawdown since its inception was -67.25%, which is greater than VGK's maximum drawdown of -63.61%. Use the drawdown chart below to compare losses from any high point for UPV and VGK. For additional features, visit the drawdowns tool.
Volatility
UPV vs. VGK - Volatility Comparison
ProShares Ultra Europe (UPV) has a higher volatility of 8.61% compared to Vanguard FTSE Europe ETF (VGK) at 4.22%. This indicates that UPV's price experiences larger fluctuations and is considered to be riskier than VGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.