UXI vs. MSTY

Last updated Apr 1, 2026

Compare and contrast key facts about ProShares Ultra Industrials (UXI) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).

UXI and MSTY 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. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.

Performance

UXI vs. MSTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Industrials (UXI) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). The values are adjusted to include any dividend payments, if applicable.

UXI vs. MSTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
UXI ProShares Ultra Industrials	6.54%	28.84%	16.12%
MSTY YieldMax™ MSTR Option Income Strategy ETF	-13.58%	-42.71%	200.20%

Returns By Period

In the year-to-date period, UXI achieves a 6.54% return, which is significantly higher than MSTY's -13.58% return.

UXI

• 1D: 6.35%
• 1M: -16.89%
• YTD: 6.54%
• 6M: 6.52%
• 1Y: 41.43%
• 3Y*: 28.34%
• 5Y*: 10.80%
• 10Y*: 18.08%

MSTY

• 1D: 2.45%
• 1M: -1.67%
• YTD: -13.58%
• 6M: -54.23%
• 1Y: -48.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UXI vs. MSTY - Expense Ratio Comparison

UXI has a 0.95% expense ratio, which is lower than MSTY's 0.99% expense ratio.

MSTY

YieldMax™ MSTR Option Income Strategy ETF

UXI

ProShares Ultra Industrials

Return for Risk

UXI vs. MSTY — Risk / Return Rank

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

UXI

UXI Risk / Return Rank: 65
UXI Sharpe Ratio Rank: 61
UXI Sortino Ratio Rank: 64
UXI Omega Ratio Rank: 62
UXI Calmar Ratio Rank: 70
UXI Martin Ratio Rank: 66

MSTY

MSTY Risk / Return Rank: 2
MSTY Sharpe Ratio Rank: 2
MSTY Sortino Ratio Rank: 2
MSTY Omega Ratio Rank: 2
MSTY Calmar Ratio Rank: 2
MSTY Martin Ratio Rank: 3

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.

UXI vs. MSTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Industrials (UXI) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.

	UXI	MSTY	Difference
Sharpe ratio Return per unit of total volatility	1.06	-0.77	+1.83
Sortino ratio Return per unit of downside risk	1.60	-1.05	+2.65
Omega ratio Gain probability vs. loss probability	1.23	0.88	+0.35
Calmar ratio Return relative to maximum drawdown	1.76	-0.68	+2.45
Martin ratio Return relative to average drawdown	6.59	-1.22	+7.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UXI vs. MSTY - Sharpe Ratio Comparison

The current UXI Sharpe Ratio is 1.06, which is higher than the MSTY Sharpe Ratio of -0.77. The chart below compares the historical Sharpe Ratios of UXI and MSTY, 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

	UXI	MSTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	-0.77	+1.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.29	-0.01

Correlation

The correlation between UXI and MSTY is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

UXI vs. MSTY - Dividend Comparison

UXI's dividend yield for the trailing twelve months is around 0.77%, less than MSTY's 298.73% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UXI ProShares Ultra Industrials	0.77%	0.90%	0.18%	0.21%	0.24%	0.03%	0.29%	0.58%	0.37%	0.24%	0.38%	0.41%
MSTY YieldMax™ MSTR Option Income Strategy ETF	298.73%	294.61%	104.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

UXI vs. MSTY - Drawdown Comparison

The maximum UXI drawdown since its inception was -89.01%, which is greater than MSTY's maximum drawdown of -71.79%. Use the drawdown chart below to compare losses from any high point for UXI and MSTY.

Drawdown Indicators

	UXI	MSTY	Difference
Max Drawdown Largest peak-to-trough decline	-89.01%	-71.79%	-17.22%
Max Drawdown (1Y) Largest decline over 1 year	-24.52%	-71.79%	+47.27%
Max Drawdown (5Y) Largest decline over 5 years	-48.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-66.48%	—	—
Current Drawdown Current decline from peak	-18.74%	-66.02%	+47.28%
Average Drawdown Average peak-to-trough decline	-22.74%	-23.37%	+0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.56%	40.02%	-33.46%

Volatility

UXI vs. MSTY - Volatility Comparison

The current volatility for ProShares Ultra Industrials (UXI) is 13.07%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 14.90%. This indicates that UXI experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UXI	MSTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.07%	14.90%	-1.83%
Volatility (6M) Calculated over the trailing 6-month period	23.39%	48.86%	-25.47%
Volatility (1Y) Calculated over the trailing 1-year period	39.30%	63.88%	-24.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.50%	72.67%	-37.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.21%	72.67%	-33.46%