URSP vs. BRKL

Last updated Aug 2, 2026

URSP (ProShares Ultra S&P 500 Equal Weight ETF) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. URSP is passively managed, while BRKL is actively managed. Their 0.49 correlation means their historical movements had little consistent relationship. URSP charges 0.95%/yr vs 0.45%/yr for BRKL.

Performance

URSP vs. BRKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra S&P 500 Equal Weight ETF (URSP) and Corgi BRKB 2x Daily ETF (BRKL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

URSP

• 1D: -0.29%
• 1M: -0.25%
• 6M: 15.52%
• YTD: 22.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BRKL

• 1D: 0.85%
• 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)
BRKL Corgi BRKB 2x Daily ETF	$853.16	$14.75K	$14.75K
URSP ProShares Ultra S&P 500 Equal Weight ETF	$2.68M	$2.91M	$2.10M

URSP vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
URSP ProShares Ultra S&P 500 Equal Weight ETF	-0.31%
BRKL Corgi BRKB 2x Daily ETF	1.48%

Correlation

The correlation between URSP and BRKL is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	0.49

Return for Risk

URSP vs. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra S&P 500 Equal Weight ETF (URSP) and Corgi BRKB 2x Daily ETF (BRKL). 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.

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

Drawdowns

URSP vs. BRKL - Drawdown Comparison

The maximum URSP drawdown since its inception was -15.72%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for URSP and BRKL.

Drawdown Indicators

	URSP	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-15.72%	-7.03%	-8.69%
Current Drawdown Current decline from peak	-2.52%	-0.13%	-2.39%
Average Drawdown Average peak-to-trough decline	-2.89%	-4.14%	+1.25%

Volatility

Volatility by Period

	URSP	BRKL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.34%	30.99%	-7.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.34%	30.99%	-7.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.34%	30.99%	-7.65%

URSP vs. BRKL - Expense Ratio Comparison

URSP has a 0.95% expense ratio, which is higher than BRKL's 0.45% expense ratio.

Dividends

URSP vs. BRKL - Dividend Comparison

URSP's dividend yield for the trailing twelve months is around 0.91%, while BRKL has not paid dividends to shareholders.

Position	TTM	2025
BRKL Corgi BRKB 2x Daily ETF	0.00%	0.00%
URSP ProShares Ultra S&P 500 Equal Weight ETF	0.91%	0.38%

Frequently Asked Questions

Can I hold both URSP and BRKL in my portfolio?

URSP and BRKL have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, URSP or BRKL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, URSP or BRKL?

BRKL is cheaper with a 0.45% expense ratio, compared with 0.95% for URSP.

Which ETF pays a higher dividend yield, URSP or BRKL?

URSP has the higher dividend yield at 0.91%, compared with 0.00% for BRKL.

What is the main difference between URSP and BRKL?

They also come from different issuers: ProShares and Corgi. Their fees differ too: 0.95% for URSP and 0.45% for BRKL.