URSP vs. WTIU

Last updated Jun 5, 2026

URSP (ProShares Ultra S&P 500 Equal Weight ETF) and WTIU (MicroSectors Energy 3X Leveraged ETN) are both Leveraged Equities funds - URSP tracks the S&P 500 Equal Weight Index while WTIU tracks the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). Both are passively managed. At a 0.05 correlation, their price movements are largely independent. Both charge a 0.95% expense ratio.

Performance

URSP vs. WTIU - 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 MicroSectors Energy 3X Leveraged ETN (WTIU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URSP achieves a 18.34% return, which is significantly lower than WTIU's 87.83% return.

URSP

• 1D: 1.51%
• 1M: 7.08%
• YTD: 18.34%
• 6M: 18.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WTIU

• 1D: -1.95%
• 1M: -8.81%
• YTD: 87.83%
• 6M: 63.25%
• 1Y: 112.38%
• 3Y*: 5.95%
• 5Y*: —
• 10Y*: —

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

URSP vs. WTIU - Yearly Performance Comparison

	2026 (YTD)	2025
URSP ProShares Ultra S&P 500 Equal Weight ETF	18.34%	1.57%
WTIU MicroSectors Energy 3X Leveraged ETN	87.83%	-9.35%

Correlation

The correlation between URSP and WTIU is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 28, 2025	0.05

Return for Risk

URSP vs. WTIU — Risk / Return Rank

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

WTIU

WTIU Risk / Return Rank: 47
WTIU Sharpe Ratio Rank: 49
WTIU Sortino Ratio Rank: 42
WTIU Omega Ratio Rank: 41
WTIU Calmar Ratio Rank: 59
WTIU Martin Ratio Rank: 44

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.

URSP vs. WTIU - 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 MicroSectors Energy 3X Leveraged ETN (WTIU). 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.

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

Sharpe Ratios by Period

	URSP	WTIU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.16	-0.10	+1.26

Drawdowns

URSP vs. WTIU - Drawdown Comparison

The maximum URSP drawdown since its inception was -15.72%, smaller than the maximum WTIU drawdown of -75.73%. Use the drawdown chart below to compare losses from any high point for URSP and WTIU.

Drawdown Indicators

	URSP	WTIU	Difference
Max Drawdown Largest peak-to-trough decline	-15.72%	-75.73%	+60.01%
Max Drawdown (1Y) Largest decline over 1 year	—	-39.11%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-75.73%	—
Current Drawdown Current decline from peak	0.00%	-33.42%	+33.42%
Average Drawdown Average peak-to-trough decline	-3.18%	-39.18%	+36.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	15.92%	—

Volatility

Volatility by Period

	URSP	WTIU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	27.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	54.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.44%	67.43%	-43.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.44%	70.58%	-47.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.44%	70.58%	-47.14%

URSP vs. WTIU - Expense Ratio Comparison

Both URSP and WTIU have an expense ratio of 0.95%.

Dividends

URSP vs. WTIU - Dividend Comparison

URSP's dividend yield for the trailing twelve months is around 0.58%, while WTIU has not paid dividends to shareholders.

Position	TTM	2025
URSP ProShares Ultra S&P 500 Equal Weight ETF	0.58%	0.38%
WTIU MicroSectors Energy 3X Leveraged ETN	0.00%	0.00%

Frequently Asked Questions

Can I hold both URSP and WTIU in my portfolio?

URSP and WTIU have a correlation of 0.05, 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 WTIU?

Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, URSP or WTIU?

URSP and WTIU have the same expense ratio: 0.95% per year.

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

URSP has the higher dividend yield at 0.58%, compared with 0.00% for WTIU.

What is the main difference between URSP and WTIU?

URSP tracks S&P 500 Equal Weight Index, while WTIU tracks Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). They also come from different issuers: ProShares and REX.