UXI vs. XIT.TO
Compare and contrast key facts about ProShares Ultra Industrials (UXI) and iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO).
UXI and XIT.TO 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. XIT.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Mar 19, 2001. Both UXI and XIT.TO 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 XIT.TO.
Correlation
The correlation between UXI and XIT.TO is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
UXI vs. XIT.TO - Performance Comparison
Key characteristics
UXI:
1.05
XIT.TO:
1.71
UXI:
1.61
XIT.TO:
2.35
UXI:
1.19
XIT.TO:
1.30
UXI:
1.68
XIT.TO:
1.78
UXI:
4.43
XIT.TO:
7.72
UXI:
6.53%
XIT.TO:
5.05%
UXI:
27.53%
XIT.TO:
22.82%
UXI:
-89.01%
XIT.TO:
-81.18%
UXI:
-8.02%
XIT.TO:
-1.29%
Returns By Period
In the year-to-date period, UXI achieves a 9.33% return, which is significantly lower than XIT.TO's 11.98% return. Over the past 10 years, UXI has underperformed XIT.TO with an annualized return of 15.50%, while XIT.TO has yielded a comparatively higher 18.40% annualized return.
UXI
9.33%
0.81%
14.19%
31.57%
12.03%
15.50%
XIT.TO
11.98%
10.93%
35.65%
40.90%
16.64%
18.40%
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UXI vs. XIT.TO - Expense Ratio Comparison
UXI has a 0.95% expense ratio, which is higher than XIT.TO's 0.60% expense ratio.
Risk-Adjusted Performance
UXI vs. XIT.TO — Risk-Adjusted Performance Rank
UXI
XIT.TO
UXI vs. XIT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Industrials (UXI) and iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO). 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. XIT.TO - Dividend Comparison
UXI's dividend yield for the trailing twelve months is around 0.17%, while XIT.TO has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UXI ProShares Ultra Industrials | 0.17% | 0.18% | 0.21% | 0.24% | 0.03% | 0.29% | 0.59% | 0.37% | 0.24% | 0.38% | 0.41% | 0.35% |
XIT.TO iShares S&P/TSX Capped Information Technology Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.30% | 0.00% | 0.13% | 0.15% | 0.08% | 0.20% |
Drawdowns
UXI vs. XIT.TO - Drawdown Comparison
The maximum UXI drawdown since its inception was -89.01%, which is greater than XIT.TO's maximum drawdown of -81.18%. Use the drawdown chart below to compare losses from any high point for UXI and XIT.TO. For additional features, visit the drawdowns tool.
Volatility
UXI vs. XIT.TO - Volatility Comparison
The current volatility for ProShares Ultra Industrials (UXI) is 7.09%, while iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO) has a volatility of 8.17%. This indicates that UXI experiences smaller price fluctuations and is considered to be less risky than XIT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.