USD vs. INTW

Last updated Jun 25, 2026

USD (ProShares Ultra Semiconductors) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds. USD is passively managed, while INTW is actively managed. Over the past year, USD returned 185.84% vs 1708.42% for INTW. At a 0.46 correlation, their price movements are largely independent. USD charges 0.95%/yr vs 1.50%/yr for INTW.

Performance

USD vs. INTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Semiconductors (USD) and GraniteShares 2x Long INTC Daily ETF (INTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USD achieves a 83.22% return, which is significantly lower than INTW's 741.14% return.

USD

• 1D: -0.77%
• 1M: 0.95%
• YTD: 83.22%
• 6M: 78.17%
• 1Y: 185.84%
• 3Y*: 113.73%
• 5Y*: 63.17%
• 10Y*: 60.90%

INTW

• 1D: -1.07%
• 1M: 11.01%
• YTD: 741.14%
• 6M: 775.21%
• 1Y: 1,708.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USD vs. INTW - Yearly Performance Comparison

	2026 (YTD)	2025
USD ProShares Ultra Semiconductors	83.22%	70.48%
INTW GraniteShares 2x Long INTC Daily ETF	741.14%	60.89%

Correlation

The correlation between USD and INTW is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.46

USD vs. INTW - Sectors Allocation Comparison

Sectors	USD	INTW
Technology	26.3%	66.7%
Financial Services	26.0%	-
Energy	0.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

USD vs. INTW — Risk / Return Rank

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

USD

USD Risk / Return Rank: 82
USD Sharpe Ratio Rank: 91
USD Sortino Ratio Rank: 68
USD Omega Ratio Rank: 72
USD Calmar Ratio Rank: 93
USD Martin Ratio Rank: 86

INTW

INTW Risk / Return Rank: 98
INTW Sharpe Ratio Rank: 100
INTW Sortino Ratio Rank: 96
INTW Omega Ratio Rank: 95
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 99

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.

USD vs. INTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Semiconductors (USD) and GraniteShares 2x Long INTC Daily ETF (INTW). 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.

	USD	INTW	Difference
Sharpe ratio: Return per unit of total volatility	2.76	11.55	-8.79
Sortino ratio: Return per unit of downside risk	2.78	4.96	-2.18
Omega ratio: Gain probability vs. loss probability	1.38	1.63	-0.25
Calmar ratio: Return relative to maximum drawdown	5.88	35.05	-29.17
Martin ratio: Return relative to average drawdown	16.26	79.47	-63.21

USD vs. INTW - Sharpe Ratio Comparison

The current USD Sharpe Ratio is 2.76, which is lower than the INTW Sharpe Ratio of 11.55. The chart below compares the historical Sharpe Ratios of USD and INTW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

USD vs. INTW - Drawdown Comparison

The maximum USD drawdown since its inception was -88.63%, which is greater than INTW's maximum drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for USD and INTW.

Drawdown Indicators

	USD	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-88.63%	-60.58%	-28.05%
Max Drawdown (1Y) Largest decline over 1 year	-31.80%	-49.34%	+17.54%
Max Drawdown (3Y) Largest decline over 3 years	-64.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-77.85%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-77.85%	—	—
Current Drawdown Current decline from peak	-15.35%	-13.43%	-1.92%
Average Drawdown Average peak-to-trough decline	-32.29%	-29.61%	-2.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.48%	21.72%	-10.24%

Volatility

USD vs. INTW - Volatility Comparison

The current volatility for ProShares Ultra Semiconductors (USD) is 34.08%, while GraniteShares 2x Long INTC Daily ETF (INTW) has a volatility of 55.82%. This indicates that USD experiences smaller price fluctuations and is considered to be less risky than INTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USD	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.08%	55.82%	-21.74%
Volatility (6M) Calculated over the trailing 6-month period	53.79%	119.12%	-65.33%
Volatility (1Y) Calculated over the trailing 1-year period	67.97%	150.16%	-82.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.72%	148.67%	-70.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.82%	148.67%	-78.85%

USD vs. INTW - Expense Ratio Comparison

USD has a 0.95% expense ratio, which is lower than INTW's 1.50% expense ratio.

Dividends

USD vs. INTW - Dividend Comparison

USD's dividend yield for the trailing twelve months is around 0.25%, while INTW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INTW GraniteShares 2x Long INTC Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USD ProShares Ultra Semiconductors	0.25%	0.39%	0.10%	0.05%	0.30%	0.00%	0.14%	0.72%	0.93%	0.32%	0.46%	0.39%

Frequently Asked Questions

Can I hold both USD and INTW in my portfolio?

USD and INTW have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USD or INTW?

INTW has higher volatility (55.82%) compared to USD (34.08%). In terms of maximum drawdown, USD dropped -88.63% vs INTW's -60.58%.

Which ETF is better, USD or INTW?

On 1-year performance, INTW leads with 1708.42% vs 185.84% for USD. On fees, USD is cheaper at 0.95% per year. On volatility, USD has been the lower-risk option at 34.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USD or INTW?

Over the 1-year period, INTW has performed better with a 1708.42% return vs 185.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USD or INTW?

USD is cheaper with a 0.95% expense ratio, compared with 1.50% for INTW.

Which ETF pays a higher dividend yield, USD or INTW?

USD has the higher dividend yield at 0.25%, compared with 0.00% for INTW.

What is the main difference between USD and INTW?

They also come from different issuers: ProShares and GraniteShares. Their fees differ too: 0.95% for USD and 1.50% for INTW.

Which has better risk-adjusted returns?

INTW currently has the higher Sharpe Ratio (11.55 vs 2.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.