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URE vs. SPXL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between URE and SPXL is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.7

Performance

URE vs. SPXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Real Estate (URE) and Direxion Daily S&P 500 Bull 3X Shares (SPXL). The values are adjusted to include any dividend payments, if applicable.

0.00%1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%NovemberDecember2025FebruaryMarchApril
204.29%
3,622.05%
URE
SPXL

Key characteristics

Sharpe Ratio

URE:

0.61

SPXL:

0.13

Sortino Ratio

URE:

1.03

SPXL:

0.58

Omega Ratio

URE:

1.13

SPXL:

1.08

Calmar Ratio

URE:

0.34

SPXL:

0.15

Martin Ratio

URE:

1.93

SPXL:

0.55

Ulcer Index

URE:

11.56%

SPXL:

13.46%

Daily Std Dev

URE:

36.71%

SPXL:

57.18%

Max Drawdown

URE:

-97.16%

SPXL:

-76.86%

Current Drawdown

URE:

-57.79%

SPXL:

-34.66%

Returns By Period

In the year-to-date period, URE achieves a -2.30% return, which is significantly higher than SPXL's -26.85% return. Over the past 10 years, URE has underperformed SPXL with an annualized return of 2.34%, while SPXL has yielded a comparatively higher 19.12% annualized return.


URE

YTD

-2.30%

1M

-4.78%

6M

-17.98%

1Y

19.17%

5Y*

7.08%

10Y*

2.34%

SPXL

YTD

-26.85%

1M

-19.87%

6M

-25.89%

1Y

3.96%

5Y*

30.84%

10Y*

19.12%

*Annualized

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URE vs. SPXL - Expense Ratio Comparison

URE has a 0.95% expense ratio, which is lower than SPXL's 1.02% expense ratio.


Expense ratio chart for SPXL: current value is 1.02%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPXL: 1.02%
Expense ratio chart for URE: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
URE: 0.95%

Risk-Adjusted Performance

URE vs. SPXL — Risk-Adjusted Performance Rank

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

URE
The Risk-Adjusted Performance Rank of URE is 6262
Overall Rank
The Sharpe Ratio Rank of URE is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of URE is 6868
Sortino Ratio Rank
The Omega Ratio Rank of URE is 6565
Omega Ratio Rank
The Calmar Ratio Rank of URE is 5151
Calmar Ratio Rank
The Martin Ratio Rank of URE is 5959
Martin Ratio Rank

SPXL
The Risk-Adjusted Performance Rank of SPXL is 4040
Overall Rank
The Sharpe Ratio Rank of SPXL is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of SPXL is 4747
Sortino Ratio Rank
The Omega Ratio Rank of SPXL is 4949
Omega Ratio Rank
The Calmar Ratio Rank of SPXL is 3737
Calmar Ratio Rank
The Martin Ratio Rank of SPXL is 3535
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

URE vs. SPXL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Real Estate (URE) and Direxion Daily S&P 500 Bull 3X Shares (SPXL). 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.


The chart of Sharpe ratio for URE, currently valued at 0.61, compared to the broader market-1.000.001.002.003.004.00
URE: 0.61
SPXL: 0.13
The chart of Sortino ratio for URE, currently valued at 1.03, compared to the broader market-2.000.002.004.006.008.00
URE: 1.03
SPXL: 0.58
The chart of Omega ratio for URE, currently valued at 1.13, compared to the broader market0.501.001.502.00
URE: 1.13
SPXL: 1.08
The chart of Calmar ratio for URE, currently valued at 0.41, compared to the broader market0.002.004.006.008.0010.0012.00
URE: 0.41
SPXL: 0.15
The chart of Martin ratio for URE, currently valued at 1.93, compared to the broader market0.0020.0040.0060.00
URE: 1.93
SPXL: 0.55

The current URE Sharpe Ratio is 0.61, which is higher than the SPXL Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of URE and SPXL, 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 Ratio-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.61
0.13
URE
SPXL

Dividends

URE vs. SPXL - Dividend Comparison

URE's dividend yield for the trailing twelve months is around 2.50%, more than SPXL's 1.09% yield.


TTM20242023202220212020201920182017201620152014
URE
ProShares Ultra Real Estate
2.50%2.09%1.32%1.26%0.58%0.94%1.10%1.54%0.93%1.23%0.81%1.24%
SPXL
Direxion Daily S&P 500 Bull 3X Shares
1.09%0.74%0.98%0.33%0.11%0.22%0.84%1.02%3.88%0.00%0.00%0.00%

Drawdowns

URE vs. SPXL - Drawdown Comparison

The maximum URE drawdown since its inception was -97.16%, which is greater than SPXL's maximum drawdown of -76.86%. Use the drawdown chart below to compare losses from any high point for URE and SPXL. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-44.91%
-34.66%
URE
SPXL

Volatility

URE vs. SPXL - Volatility Comparison

The current volatility for ProShares Ultra Real Estate (URE) is 20.49%, while Direxion Daily S&P 500 Bull 3X Shares (SPXL) has a volatility of 41.56%. This indicates that URE experiences smaller price fluctuations and is considered to be less risky than SPXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%NovemberDecember2025FebruaryMarchApril
20.49%
41.56%
URE
SPXL