UYG vs. SKF
Compare and contrast key facts about ProShares Ultra Financials (UYG) and ProShares UltraShort Financials (SKF).
UYG and SKF 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. SKF is a passively managed fund by ProShares that tracks the performance of the DJ Global United States (All) / Financials -IND (-200%). It was launched on Jan 30, 2007. Both UYG and SKF 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 SKF.
Correlation
The correlation between UYG and SKF is -0.85. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
UYG vs. SKF - Performance Comparison
Key characteristics
UYG:
0.72
SKF:
-0.78
UYG:
1.20
SKF:
-1.03
UYG:
1.18
SKF:
0.87
UYG:
0.75
SKF:
-0.31
UYG:
3.56
SKF:
-1.23
UYG:
8.17%
SKF:
25.52%
UYG:
40.25%
SKF:
40.39%
UYG:
-97.90%
SKF:
-99.95%
UYG:
-19.16%
SKF:
-99.95%
Returns By Period
The year-to-date returns for both stocks are quite close, with UYG having a -3.98% return and SKF slightly lower at -4.02%. Over the past 10 years, UYG has outperformed SKF with an annualized return of 14.40%, while SKF has yielded a comparatively lower -26.80% annualized return.
UYG
-3.98%
-10.61%
-0.18%
27.45%
28.62%
14.40%
SKF
-4.02%
4.58%
-9.22%
-30.66%
-33.35%
-26.80%
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UYG vs. SKF - Expense Ratio Comparison
Both UYG and SKF have an expense ratio of 0.95%.
Risk-Adjusted Performance
UYG vs. SKF — Risk-Adjusted Performance Rank
UYG
SKF
UYG vs. SKF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Financials (UYG) and ProShares UltraShort Financials (SKF). 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. SKF - Dividend Comparison
UYG's dividend yield for the trailing twelve months is around 0.82%, less than SKF's 7.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UYG ProShares Ultra Financials | 0.82% | 0.51% | 0.79% | 0.77% | 4.82% | 0.66% | 0.89% | 1.28% | 0.56% | 0.76% | 0.72% | 0.57% |
SKF ProShares UltraShort Financials | 7.83% | 7.94% | 3.93% | 0.03% | 0.00% | 0.11% | 1.29% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UYG vs. SKF - Drawdown Comparison
The maximum UYG drawdown since its inception was -97.90%, roughly equal to the maximum SKF drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for UYG and SKF. For additional features, visit the drawdowns tool.
Volatility
UYG vs. SKF - Volatility Comparison
ProShares Ultra Financials (UYG) and ProShares UltraShort Financials (SKF) have volatilities of 27.34% and 27.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.