UPW vs. ^SIXU

Last updated Aug 2, 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: -1.15%
• 1M: -6.24%
• 6M: 3.76%
• YTD: 5.68%
• 1Y: 4.16%
• 3Y*: 17.45%
• 5Y*: 9.79%
• 10Y*: 9.38%
• ALL TIME*: 9.54%

^SIXU

• 1D: -0.80%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
^SIXU Utilities Select Sector Index	$0.00	$0.00	$0.00
UPW ProShares Ultra Utilities	$399.58K	$331.97K	$346.79K

UPW vs. ^SIXU - Yearly Performance Comparison

	2026 (YTD)
UPW ProShares Ultra Utilities	-1.15%
^SIXU Utilities Select Sector Index	-0.80%

Return for Risk

UPW vs. ^SIXU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

UPW

UPW Risk / Return Rank: 15
UPW Sharpe Ratio Rank: 14
UPW Sortino Ratio Rank: 15
UPW Omega Ratio Rank: 15
UPW Calmar Ratio Rank: 15
UPW Martin Ratio Rank: 14

^SIXU

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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	0.16	—	—
Sortino ratio: Return per unit of downside risk	0.43	—	—
Omega ratio: Gain probability vs. loss probability	1.05	—	—
Calmar ratio: Return relative to maximum drawdown	0.25	—	—
Martin ratio: Return relative to average drawdown	0.49	—	—

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 -0.80%. 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%	-0.80%	-76.95%
Max Drawdown (1Y) Largest decline over 1 year	-19.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.06%	—	—
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	-14.30%	-0.80%	-13.50%
Average Drawdown Average peak-to-trough decline	-22.50%	-0.80%	-21.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.91%	—	—

Volatility

Volatility by Period

	UPW	^SIXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.15%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.49%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.29%	—	—