UPW vs. ^SIXU

Last updated Jun 24, 2026

UPW (ProShares Ultra Utilities) is Leveraged Equities fund tracking the Dow Jones U.S. Utilities Index (200%), while ^SIXU (Utilities Select Sector Index) is an index.

Performance

UPW vs. ^SIXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Utilities (UPW) and Utilities Select Sector Index (^SIXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UPW

• 1D: 1.77%
• 1M: -0.06%
• YTD: 10.19%
• 6M: 10.66%
• 1Y: 20.48%
• 3Y*: 20.05%
• 5Y*: 12.26%
• 10Y*: 10.32%

^SIXU

• 1D: 0.87%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UPW vs. ^SIXU - Yearly Performance Comparison

	2026 (YTD)
UPW ProShares Ultra Utilities	1.77%
^SIXU Utilities Select Sector Index	0.87%

Return for Risk

UPW vs. ^SIXU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UPW

UPW Risk / Return Rank: 21
UPW Sharpe Ratio Rank: 21
UPW Sortino Ratio Rank: 21
UPW Omega Ratio Rank: 20
UPW Calmar Ratio Rank: 23
UPW Martin Ratio Rank: 20

^SIXU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UPW vs. ^SIXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Utilities (UPW) and Utilities Select Sector Index (^SIXU). 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.

	UPW	^SIXU	Difference
Sharpe ratio: Return per unit of total volatility	0.70	—	—
Sortino ratio: Return per unit of downside risk	1.09	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	1.07	—	—
Martin ratio: Return relative to average drawdown	2.20	—	—

Drawdowns

UPW vs. ^SIXU - Drawdown Comparison

The maximum UPW drawdown since its inception was -77.75%, which is greater than ^SIXU's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for UPW and ^SIXU.

Drawdown Indicators

	UPW	^SIXU	Difference
Max Drawdown Largest peak-to-trough decline	-77.75%	0.00%	-77.75%
Max Drawdown (1Y) Largest decline over 1 year	-19.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-33.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-49.42%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-62.67%	—	—
Current Drawdown Current decline from peak	-10.63%	0.00%	-10.63%
Average Drawdown Average peak-to-trough decline	-22.57%	0.00%	-22.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.35%	—	—

Volatility

Volatility by Period

	UPW	^SIXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.61%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.31%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.38%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.23%	—	—