UPW vs. SDP
Compare and contrast key facts about ProShares Ultra Utilities (UPW) and ProShares UltraShort Utilities (SDP).
UPW and SDP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UPW is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Utilities Index (200%). It was launched on Jan 30, 2007. SDP is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Utilities Index (-200%). It was launched on Jan 30, 2007. Both UPW and SDP 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: UPW or SDP.
Correlation
The correlation between UPW and SDP is -0.91. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
UPW vs. SDP - Performance Comparison
Key characteristics
UPW:
1.06
SDP:
-0.90
UPW:
1.54
SDP:
-1.26
UPW:
1.19
SDP:
0.87
UPW:
0.74
SDP:
-0.29
UPW:
4.33
SDP:
-0.88
UPW:
7.47%
SDP:
31.28%
UPW:
30.59%
SDP:
30.55%
UPW:
-77.75%
SDP:
-93.42%
UPW:
-15.50%
SDP:
-92.23%
Returns By Period
In the year-to-date period, UPW achieves a 1.03% return, which is significantly higher than SDP's -0.78% return. Over the past 10 years, UPW has outperformed SDP with an annualized return of 9.24%, while SDP has yielded a comparatively lower -21.29% annualized return.
UPW
1.03%
-5.74%
18.28%
34.41%
2.76%
9.24%
SDP
-0.78%
5.96%
-16.72%
-28.57%
-21.37%
-21.29%
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UPW vs. SDP - Expense Ratio Comparison
Both UPW and SDP have an expense ratio of 0.95%.
Risk-Adjusted Performance
UPW vs. SDP — Risk-Adjusted Performance Rank
UPW
SDP
UPW vs. SDP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Utilities (UPW) and ProShares UltraShort Utilities (SDP). 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
UPW vs. SDP - Dividend Comparison
UPW's dividend yield for the trailing twelve months is around 1.81%, less than SDP's 5.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UPW ProShares Ultra Utilities | 1.81% | 1.83% | 2.40% | 1.55% | 1.30% | 0.83% | 0.83% | 1.98% | 1.51% | 1.70% | 2.16% | 1.69% |
SDP ProShares UltraShort Utilities | 5.05% | 5.01% | 1.71% | 0.56% | 0.00% | 0.13% | 0.55% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UPW vs. SDP - Drawdown Comparison
The maximum UPW drawdown since its inception was -77.75%, smaller than the maximum SDP drawdown of -93.42%. Use the drawdown chart below to compare losses from any high point for UPW and SDP. For additional features, visit the drawdowns tool.
Volatility
UPW vs. SDP - Volatility Comparison
ProShares Ultra Utilities (UPW) and ProShares UltraShort Utilities (SDP) have volatilities of 7.52% and 7.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.