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

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.


-0.50.00.51.00.9

Performance

UPV vs. VGK - Performance Comparison

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

90.00%100.00%110.00%120.00%130.00%140.00%150.00%160.00%JulyAugustSeptemberOctoberNovemberDecember
94.79%
129.58%
UPV
VGK

Key characteristics

Sharpe Ratio

UPV:

-0.11

VGK:

0.28

Sortino Ratio

UPV:

0.03

VGK:

0.48

Omega Ratio

UPV:

1.00

VGK:

1.06

Calmar Ratio

UPV:

-0.11

VGK:

0.35

Martin Ratio

UPV:

-0.36

VGK:

0.97

Ulcer Index

UPV:

8.00%

VGK:

3.85%

Daily Std Dev

UPV:

26.38%

VGK:

13.16%

Max Drawdown

UPV:

-67.25%

VGK:

-63.61%

Current Drawdown

UPV:

-23.83%

VGK:

-10.78%

Returns By Period

In the year-to-date period, UPV achieves a -4.83% return, which is significantly lower than VGK's 1.55% return. Over the past 10 years, UPV has underperformed VGK with an annualized return of 2.99%, while VGK has yielded a comparatively higher 5.00% annualized return.


UPV

YTD

-4.83%

1M

-2.53%

6M

-12.20%

1Y

-3.88%

5Y*

0.74%

10Y*

2.99%

VGK

YTD

1.55%

1M

-0.90%

6M

-4.35%

1Y

2.16%

5Y*

4.99%

10Y*

5.00%

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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.


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 VGK: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

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.


Sharpe ratio
The chart of Sharpe ratio for UPV, currently valued at -0.04, compared to the broader market0.002.004.00-0.040.28
The chart of Sortino ratio for UPV, currently valued at 0.12, compared to the broader market-2.000.002.004.006.008.0010.000.120.48
The chart of Omega ratio for UPV, currently valued at 1.01, compared to the broader market0.501.001.502.002.503.001.011.06
The chart of Calmar ratio for UPV, currently valued at -0.04, compared to the broader market0.005.0010.0015.00-0.040.35
The chart of Martin ratio for UPV, currently valued at -0.13, compared to the broader market0.0020.0040.0060.0080.00100.00-0.130.97
UPV
VGK

The current UPV Sharpe Ratio is -0.11, which is lower than the VGK Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of UPV and VGK, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.04
0.28
UPV
VGK

Dividends

UPV vs. VGK - Dividend Comparison

UPV's dividend yield for the trailing twelve months is around 1.78%, less than VGK's 3.62% yield.


TTM20232022202120202019201820172016201520142013
UPV
ProShares Ultra Europe
1.78%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
3.62%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.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-23.83%
-10.78%
UPV
VGK

Volatility

UPV vs. VGK - Volatility Comparison

ProShares Ultra Europe (UPV) has a higher volatility of 6.71% compared to Vanguard FTSE Europe ETF (VGK) at 3.42%. 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.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.71%
3.42%
UPV
VGK
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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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