USD vs. RTXG

Last updated Jun 4, 2026

USD (ProShares Ultra Semiconductors) and RTXG (Leverage Shares 2X Long RTX Daily ETF) are both Leveraged Equities funds. USD is passively managed, while RTXG is actively managed. At a 0.13 correlation, their price movements are largely independent. USD charges 0.95%/yr vs 0.75%/yr for RTXG.

Performance

USD vs. RTXG - Performance Comparison

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

Returns By Period

In the year-to-date period, USD achieves a 114.00% return, which is significantly higher than RTXG's -16.61% return.

USD

• 1D: -1.14%
• 1M: 44.53%
• YTD: 114.00%
• 6M: 111.06%
• 1Y: 274.62%
• 3Y*: 127.67%
• 5Y*: 69.52%
• 10Y*: 62.16%

RTXG

• 1D: -1.55%
• 1M: -0.77%
• YTD: -16.61%
• 6M: -2.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USD vs. RTXG - Yearly Performance Comparison

	2026 (YTD)	2025
USD ProShares Ultra Semiconductors	114.00%	75.21%
RTXG Leverage Shares 2X Long RTX Daily ETF	-16.61%	60.90%

Correlation

The correlation between USD and RTXG is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.13

Return for Risk

USD vs. RTXG — Risk / Return Rank

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

USD

USD Risk / Return Rank: 90
USD Sharpe Ratio Rank: 97
USD Sortino Ratio Rank: 83
USD Omega Ratio Rank: 83
USD Calmar Ratio Rank: 95
USD Martin Ratio Rank: 93

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. RTXG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Semiconductors (USD) and Leverage Shares 2X Long RTX Daily ETF (RTXG). 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.

	USD	RTXG	Difference
Sharpe ratio Return per unit of total volatility	4.53	—	—
Sortino ratio Return per unit of downside risk	3.81	—	—
Omega ratio Gain probability vs. loss probability	1.51	—	—
Calmar ratio Return relative to maximum drawdown	8.70	—	—
Martin ratio Return relative to average drawdown	25.16	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	USD	RTXG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.53	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.72	-0.23

Drawdowns

USD vs. RTXG - Drawdown Comparison

The maximum USD drawdown since its inception was -88.63%, which is greater than RTXG's maximum drawdown of -37.49%. Use the drawdown chart below to compare losses from any high point for USD and RTXG.

Drawdown Indicators

	USD	RTXG	Difference
Max Drawdown Largest peak-to-trough decline	-88.63%	-37.49%	-51.14%
Max Drawdown (1Y) Largest decline over 1 year	-31.80%	—	—
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	-1.14%	-36.25%	+35.11%
Average Drawdown Average peak-to-trough decline	-32.35%	-8.66%	-23.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.97%	—	—

Volatility

Volatility by Period

	USD	RTXG	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	61.22%	48.66%	+12.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.55%	48.66%	+27.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.23%	48.66%	+20.57%

USD vs. RTXG - Expense Ratio Comparison

USD has a 0.95% expense ratio, which is higher than RTXG's 0.75% expense ratio.

Dividends

USD vs. RTXG - Dividend Comparison

USD's dividend yield for the trailing twelve months is around 0.21%, less than RTXG's 7.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RTXG Leverage Shares 2X Long RTX Daily ETF	7.63%	6.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USD ProShares Ultra Semiconductors	0.21%	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 RTXG in my portfolio?

USD and RTXG have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USD or RTXG?

On fees, RTXG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USD or RTXG?

RTXG is cheaper with a 0.75% expense ratio, compared with 0.95% for USD.

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

RTXG has the higher dividend yield at 7.63%, compared with 0.21% for USD.

What is the main difference between USD and RTXG?

They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for USD and 0.75% for RTXG.