UYG vs. QLD
Compare and contrast key facts about ProShares Ultra Financials (UYG) and ProShares Ultra QQQ (QLD).
UYG and QLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UYG is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Financials Index (200%). It was launched on Jan 30, 2007. QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006. Both UYG and QLD 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: UYG or QLD.
Correlation
The correlation between UYG and QLD is 0.66, 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
UYG vs. QLD - Performance Comparison
Key characteristics
UYG:
2.03
QLD:
1.17
UYG:
2.74
QLD:
1.63
UYG:
1.35
QLD:
1.22
UYG:
1.42
QLD:
1.63
UYG:
11.03
QLD:
5.03
UYG:
5.32%
QLD:
8.47%
UYG:
28.98%
QLD:
36.52%
UYG:
-97.90%
QLD:
-83.13%
UYG:
-5.97%
QLD:
-1.77%
Returns By Period
In the year-to-date period, UYG achieves a 11.68% return, which is significantly higher than QLD's 9.07% return. Over the past 10 years, UYG has underperformed QLD with an annualized return of 16.00%, while QLD has yielded a comparatively higher 29.18% annualized return.
UYG
11.68%
2.18%
32.66%
58.98%
12.87%
16.00%
QLD
9.07%
4.11%
22.90%
46.05%
27.51%
29.18%
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UYG vs. QLD - Expense Ratio Comparison
Both UYG and QLD have an expense ratio of 0.95%.
Risk-Adjusted Performance
UYG vs. QLD — Risk-Adjusted Performance Rank
UYG
QLD
UYG vs. QLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Financials (UYG) and ProShares Ultra QQQ (QLD). 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
UYG vs. QLD - Dividend Comparison
UYG's dividend yield for the trailing twelve months is around 0.45%, more than QLD's 0.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UYG ProShares Ultra Financials | 0.45% | 0.51% | 0.79% | 0.77% | 4.82% | 0.66% | 0.89% | 1.28% | 0.56% | 0.76% | 0.72% | 0.57% |
QLD ProShares Ultra QQQ | 0.23% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% |
Drawdowns
UYG vs. QLD - Drawdown Comparison
The maximum UYG drawdown since its inception was -97.90%, which is greater than QLD's maximum drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for UYG and QLD. For additional features, visit the drawdowns tool.
Volatility
UYG vs. QLD - Volatility Comparison
The current volatility for ProShares Ultra Financials (UYG) is 6.56%, while ProShares Ultra QQQ (QLD) has a volatility of 9.52%. This indicates that UYG experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.