UXI vs. AIRR
Compare and contrast key facts about ProShares Ultra Industrials (UXI) and First Trust RBA American Industrial Renaissance ETF (AIRR).
UXI and AIRR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UXI is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Industrials Index (200%). It was launched on Jan 30, 2007. AIRR is a passively managed fund by First Trust that tracks the performance of the Richard Bernstein Advisors American Industrial Renaissance (TR). It was launched on Mar 10, 2014. Both UXI and AIRR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UXI or AIRR.
Correlation
The correlation between UXI and AIRR is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
UXI vs. AIRR - Performance Comparison
Key characteristics
UXI:
1.05
AIRR:
1.38
UXI:
1.59
AIRR:
1.98
UXI:
1.19
AIRR:
1.24
UXI:
1.27
AIRR:
3.28
UXI:
5.46
AIRR:
7.44
UXI:
5.25%
AIRR:
4.44%
UXI:
27.37%
AIRR:
23.98%
UXI:
-89.01%
AIRR:
-42.37%
UXI:
-14.25%
AIRR:
-9.67%
Returns By Period
In the year-to-date period, UXI achieves a 28.91% return, which is significantly lower than AIRR's 34.61% return. Both investments have delivered pretty close results over the past 10 years, with UXI having a 15.19% annualized return and AIRR not far ahead at 15.76%.
UXI
28.91%
-13.24%
15.93%
28.46%
11.33%
15.19%
AIRR
34.61%
-8.55%
13.90%
32.88%
22.07%
15.76%
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UXI vs. AIRR - Expense Ratio Comparison
UXI has a 0.95% expense ratio, which is higher than AIRR's 0.70% expense ratio.
Risk-Adjusted Performance
UXI vs. AIRR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Industrials (UXI) and First Trust RBA American Industrial Renaissance ETF (AIRR). 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.
Dividends
UXI vs. AIRR - Dividend Comparison
UXI's dividend yield for the trailing twelve months is around 0.18%, which matches AIRR's 0.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UXI ProShares Ultra Industrials | 0.18% | 0.21% | 0.24% | 0.03% | 0.29% | 0.59% | 0.37% | 0.24% | 0.38% | 0.41% | 0.35% | 0.16% |
AIRR First Trust RBA American Industrial Renaissance ETF | 0.18% | 0.23% | 0.12% | 0.05% | 0.10% | 0.20% | 0.43% | 0.30% | 0.08% | 0.47% | 0.37% | 0.00% |
Drawdowns
UXI vs. AIRR - Drawdown Comparison
The maximum UXI drawdown since its inception was -89.01%, which is greater than AIRR's maximum drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for UXI and AIRR. For additional features, visit the drawdowns tool.
Volatility
UXI vs. AIRR - Volatility Comparison
ProShares Ultra Industrials (UXI) has a higher volatility of 7.52% compared to First Trust RBA American Industrial Renaissance ETF (AIRR) at 5.61%. This indicates that UXI's price experiences larger fluctuations and is considered to be riskier than AIRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.