UXI vs. IFED
UXI (ProShares Ultra Industrials) and IFED (ETRACS IFED Invest with the Fed TR Index ETN) are both Leveraged Equities funds - UXI tracks the Dow Jones U.S. Industrials Index (200%) while IFED tracks the IFED Large-Cap US Equity Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, UXI returned 29.57%/yr vs 18.74%/yr for IFED. Their 0.74 correlation means they have sometimes moved together and sometimes differently. UXI charges 0.95%/yr vs 0.45%/yr for IFED.
Performance
UXI vs. IFED - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UXI achieves a 28.57% return, which is significantly higher than IFED's 10.03% return.
UXI
- 1D
- 1.77%
- 1M
- -4.74%
- 6M
- 14.00%
- YTD
- 28.57%
- 1Y
- 35.83%
- 3Y*
- 29.57%
- 5Y*
- 12.67%
- 10Y*
- 19.45%
- ALL TIME*
- 13.24%
IFED
- 1D
- 0.00%
- 1M
- 13.92%
- 6M
- 14.63%
- YTD
- 10.03%
- 1Y
- 14.76%
- 3Y*
- 18.74%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $159.79K | $83.84K | $44.71K | |
| $192.00K | $302.67K | $285.62K |
UXI vs. IFED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
UXI ProShares Ultra Industrials | 28.57% | 28.84% | 26.48% | 27.34% | -32.90% | 5.03% |
IFED ETRACS IFED Invest with the Fed TR Index ETN | 10.03% | 15.02% | 23.04% | 20.78% | -1.46% | 8.46% |
Correlation
The correlation between UXI and IFED is 0.38, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.38 |
Correlation (3Y) Balances recent behavior with more history. | 0.63 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2021 | 0.74 |
Over the past year, the correlation between UXI and IFED has dropped to 0.38 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UXI vs. IFED — Risk / Return Rank
UXI
IFED
UXI vs. IFED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Industrials (UXI) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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.
| UXI | IFED | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.14 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 0.64 | +0.72 |
| Martin ratioReturn relative to average drawdown | 4.85 | 2.01 | +2.84 |
Loading charts...
Drawdowns
UXI vs. IFED - Drawdown Comparison
The maximum UXI drawdown since its inception was -89.01%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for UXI and IFED.
Loading charts...
Drawdown Indicators
| UXI | IFED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.01% | -22.36% | -66.65% |
Max Drawdown (1Y)Largest decline over 1 year | -23.59% | -20.18% | -3.41% |
Max Drawdown (3Y)Largest decline over 3 years | -36.42% | -22.36% | -14.06% |
Max Drawdown (5Y)Largest decline over 5 years | -48.25% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.48% | — | — |
Current DrawdownCurrent decline from peak | -6.42% | -7.61% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -22.46% | -5.85% | -16.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 6.43% | +0.19% |
Volatility
UXI vs. IFED - Volatility Comparison
The current volatility for ProShares Ultra Industrials (UXI) is 9.93%, while ETRACS IFED Invest with the Fed TR Index ETN (IFED) has a volatility of 24.07%. This indicates that UXI experiences smaller price fluctuations and is considered to be less risky than IFED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UXI | IFED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.93% | 24.07% | -14.14% |
Volatility (6M)Calculated over the trailing 6-month period | 27.91% | 27.96% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.76% | 29.34% | +4.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.24% | 22.56% | +13.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.50% | 22.56% | +16.94% |
UXI vs. IFED - Expense Ratio Comparison
UXI has a 0.95% expense ratio, which is higher than IFED's 0.45% expense ratio.
Dividends
UXI vs. IFED - Dividend Comparison
UXI's dividend yield for the trailing twelve months is around 0.51%, while IFED has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IFED ETRACS IFED Invest with the Fed TR Index ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UXI ProShares Ultra Industrials | 0.51% | 0.90% | 0.18% | 0.21% | 0.24% | 0.03% | 0.29% | 0.58% | 0.37% | 0.24% | 0.38% | 0.41% |
Frequently Asked Questions
UXI and IFED have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IFED has higher volatility (24.07%) compared to UXI (9.93%). In terms of maximum drawdown, UXI dropped -89.01% vs IFED's -22.36%.
On 3-year performance, UXI leads with 29.57% vs 18.74% for IFED. On fees, IFED is cheaper at 0.45% per year. On volatility, UXI has been the lower-risk option at 9.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, UXI has performed better with a 29.57% return vs 18.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IFED is cheaper with a 0.45% expense ratio, compared with 0.95% for UXI.
UXI has the higher dividend yield at 0.51%, compared with 0.00% for IFED.
UXI tracks Dow Jones U.S. Industrials Index (200%), while IFED tracks IFED Large-Cap US Equity Index - Benchmark TR Gross. They also come from different issuers: ProShares and UBS. Their fees differ too: 0.95% for UXI and 0.45% for IFED.
UXI currently has the higher Sharpe Ratio (0.95 vs 0.44), 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.
Find the right allocation for UXI and IFED
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer