URTY vs. SRTY

Last updated Apr 1, 2026

Compare and contrast key facts about ProShares UltraPro Russell2000 (URTY) and ProShares UltraPro Short Russell2000 (SRTY).

URTY and SRTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. URTY is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (300%). It was launched on Feb 9, 2010. SRTY is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (-300%). It was launched on Feb 11, 2010. Both URTY and SRTY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

URTY vs. SRTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraPro Russell2000 (URTY) and ProShares UltraPro Short Russell2000 (SRTY). The values are adjusted to include any dividend payments, if applicable.

URTY vs. SRTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
URTY ProShares UltraPro Russell2000	-2.90%	9.26%	7.38%	24.43%	-62.81%	28.47%	-7.72%	72.37%	-39.59%	38.85%
SRTY ProShares UltraPro Short Russell2000	-5.72%	-40.55%	-32.91%	-42.02%	28.99%	-51.67%	-80.61%	-53.83%	23.37%	-38.31%

Returns By Period

In the year-to-date period, URTY achieves a -2.90% return, which is significantly higher than SRTY's -5.72% return. Over the past 10 years, URTY has outperformed SRTY with an annualized return of 4.55%, while SRTY has yielded a comparatively lower -41.91% annualized return.

URTY

• 1D: 10.50%
• 1M: -16.23%
• YTD: -2.90%
• 6M: -2.24%
• 1Y: 51.62%
• 3Y*: 11.95%
• 5Y*: -13.62%
• 10Y*: 4.55%

SRTY

• 1D: -10.37%
• 1M: 13.97%
• YTD: -5.72%
• 6M: -13.38%
• 1Y: -57.84%
• 3Y*: -37.50%
• 5Y*: -25.46%
• 10Y*: -41.91%

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

URTY vs. SRTY - Expense Ratio Comparison

Both URTY and SRTY have an expense ratio of 0.95%.

URTY

ProShares UltraPro Russell2000

SRTY

ProShares UltraPro Short Russell2000

Return for Risk

URTY vs. SRTY — Risk / Return Rank

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

URTY

URTY Risk / Return Rank: 50
URTY Sharpe Ratio Rank: 43
URTY Sortino Ratio Rank: 57
URTY Omega Ratio Rank: 49
URTY Calmar Ratio Rank: 55
URTY Martin Ratio Rank: 46

SRTY

SRTY Risk / Return Rank: 2
SRTY Sharpe Ratio Rank: 1
SRTY Sortino Ratio Rank: 1
SRTY Omega Ratio Rank: 1
SRTY Calmar Ratio Rank: 1
SRTY Martin Ratio Rank: 5

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.

URTY vs. SRTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Russell2000 (URTY) and ProShares UltraPro Short Russell2000 (SRTY). 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.

	URTY	SRTY	Difference
Sharpe ratio Return per unit of total volatility	0.74	-0.84	+1.58
Sortino ratio Return per unit of downside risk	1.41	-1.21	+2.62
Omega ratio Gain probability vs. loss probability	1.18	0.86	+0.32
Calmar ratio Return relative to maximum drawdown	1.31	-0.75	+2.06
Martin ratio Return relative to average drawdown	4.15	-0.94	+5.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

URTY vs. SRTY - Sharpe Ratio Comparison

The current URTY Sharpe Ratio is 0.74, which is higher than the SRTY Sharpe Ratio of -0.84. The chart below compares the historical Sharpe Ratios of URTY and SRTY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	URTY	SRTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	-0.84	+1.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	-0.38	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	-0.62	+0.68
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	-0.67	+0.83

Correlation

The correlation between URTY and SRTY is -1.00. 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.

Dividends

URTY vs. SRTY - Dividend Comparison

URTY's dividend yield for the trailing twelve months is around 0.97%, less than SRTY's 5.80% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
URTY ProShares UltraPro Russell2000	0.97%	1.02%	1.16%	0.55%	0.28%	0.00%	0.00%	0.18%	0.28%	0.00%	0.03%
SRTY ProShares UltraPro Short Russell2000	5.80%	6.87%	9.40%	4.93%	0.17%	0.00%	0.95%	2.13%	0.70%	0.04%	0.00%

Drawdowns

URTY vs. SRTY - Drawdown Comparison

The maximum URTY drawdown since its inception was -88.09%, smaller than the maximum SRTY drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for URTY and SRTY.

Drawdown Indicators

	URTY	SRTY	Difference
Max Drawdown Largest peak-to-trough decline	-88.09%	-99.99%	+11.90%
Max Drawdown (1Y) Largest decline over 1 year	-37.70%	-76.28%	+38.58%
Max Drawdown (5Y) Largest decline over 5 years	-82.76%	-88.24%	+5.48%
Max Drawdown (10Y) Largest decline over 10 years	-88.09%	-99.67%	+11.58%
Current Drawdown Current decline from peak	-60.03%	-99.99%	+39.96%
Average Drawdown Average peak-to-trough decline	-34.67%	-93.71%	+59.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.86%	61.09%	-49.23%

Volatility

URTY vs. SRTY - Volatility Comparison

ProShares UltraPro Russell2000 (URTY) and ProShares UltraPro Short Russell2000 (SRTY) have volatilities of 22.37% and 22.45%, 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.

Volatility by Period

	URTY	SRTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.37%	22.45%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	43.33%	43.37%	-0.04%
Volatility (1Y) Calculated over the trailing 1-year period	69.68%	69.30%	+0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.50%	67.50%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.20%	68.22%	+0.98%