UYM vs. DGS
UYM (ProShares Ultra Basic Materials) and DGS (WisdomTree Emerging Markets SmallCap Dividend Fund) are both exchange-traded funds - UYM is a Leveraged Equities fund tracking the Dow Jones U.S. Basic Materials Index (200%), while DGS is a Emerging Markets Diversified fund tracking the WisdomTree Emerging Markets SmallCap Dividend Index. Both are passively managed. Over the past 10 years, UYM returned 12.48%/yr vs 10.14%/yr for DGS. A 0.67 correlation means they provide meaningful diversification when combined. UYM charges 0.95%/yr vs 0.58%/yr for DGS.
Performance
UYM vs. DGS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UYM achieves a 27.95% return, which is significantly higher than DGS's 14.94% return. Over the past 10 years, UYM has outperformed DGS with an annualized return of 12.48%, while DGS has yielded a comparatively lower 10.14% annualized return.
UYM
- 1D
- 3.74%
- 1M
- 1.10%
- YTD
- 27.95%
- 6M
- 30.38%
- 1Y
- 36.06%
- 3Y*
- 11.85%
- 5Y*
- 4.60%
- 10Y*
- 12.48%
DGS
- 1D
- 0.65%
- 1M
- 1.51%
- YTD
- 14.94%
- 6M
- 17.07%
- 1Y
- 25.61%
- 3Y*
- 15.36%
- 5Y*
- 8.06%
- 10Y*
- 10.14%
UYM vs. DGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UYM ProShares Ultra Basic Materials | 27.95% | 9.46% | -8.00% | 17.47% | -23.10% | 54.58% | 16.56% | 35.09% | -35.68% | 51.51% |
DGS WisdomTree Emerging Markets SmallCap Dividend Fund | 14.94% | 21.18% | 1.13% | 19.08% | -12.35% | 15.33% | 4.06% | 18.90% | -16.52% | 37.47% |
Correlation
The correlation between UYM and DGS is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2007 | 0.67 |
The correlation between UYM and DGS has been stable across timeframes, ranging from 0.58 to 0.67 - a consistent structural relationship.
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
UYM vs. DGS — Risk / Return Rank
UYM
DGS
UYM vs. DGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Basic Materials (UYM) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS). 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.
| UYM | DGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.27 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 2.38 | -1.00 |
| Martin ratioReturn relative to average drawdown | 3.67 | 7.84 | -4.17 |
Loading charts...
Drawdowns
UYM vs. DGS - Drawdown Comparison
The maximum UYM drawdown since its inception was -92.77%, which is greater than DGS's maximum drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for UYM and DGS.
Loading charts...
Drawdown Indicators
| UYM | DGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.77% | -61.83% | -30.94% |
Max Drawdown (1Y)Largest decline over 1 year | -23.85% | -10.06% | -13.79% |
Max Drawdown (3Y)Largest decline over 3 years | -43.88% | -19.31% | -24.57% |
Max Drawdown (5Y)Largest decline over 5 years | -48.25% | -24.86% | -23.39% |
Max Drawdown (10Y)Largest decline over 10 years | -73.31% | -44.08% | -29.23% |
Current DrawdownCurrent decline from peak | -7.32% | -1.05% | -6.27% |
Average DrawdownAverage peak-to-trough decline | -42.06% | -12.57% | -29.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.95% | 3.05% | +5.90% |
Volatility
UYM vs. DGS - Volatility Comparison
ProShares Ultra Basic Materials (UYM) has a higher volatility of 14.01% compared to WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) at 7.30%. This indicates that UYM's price experiences larger fluctuations and is considered to be riskier than DGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UYM | DGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.01% | 7.30% | +6.71% |
Volatility (6M)Calculated over the trailing 6-month period | 27.29% | 14.27% | +13.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.09% | 16.60% | +18.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.49% | 15.08% | +24.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.86% | 17.39% | +25.47% |
UYM vs. DGS - Expense Ratio Comparison
UYM has a 0.95% expense ratio, which is higher than DGS's 0.58% expense ratio.
Dividends
UYM vs. DGS - Dividend Comparison
UYM's dividend yield for the trailing twelve months is around 1.19%, less than DGS's 3.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGS WisdomTree Emerging Markets SmallCap Dividend Fund | 3.20% | 3.45% | 3.36% | 4.55% | 5.34% | 3.98% | 3.69% | 3.95% | 4.24% | 2.81% | 3.42% | 3.28% |
UYM ProShares Ultra Basic Materials | 1.19% | 1.47% | 0.98% | 0.28% | 0.88% | 0.52% | 0.56% | 1.24% | 0.94% | 0.38% | 0.55% | 0.42% |
Frequently Asked Questions
UYM and DGS have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UYM has higher volatility (14.01%) compared to DGS (7.30%). In terms of maximum drawdown, UYM dropped -92.77% vs DGS's -61.83%.
On 10-year performance, UYM leads with 12.48% vs 10.14% for DGS. On fees, DGS is cheaper at 0.58% per year. On volatility, DGS has been the lower-risk option at 7.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, UYM has performed better with a 12.48% return vs 10.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DGS is cheaper with a 0.58% expense ratio, compared with 0.95% for UYM.
DGS has the higher dividend yield at 3.20%, compared with 1.19% for UYM.
UYM is categorized as Leveraged Equities, while DGS is Emerging Markets Diversified. UYM tracks Dow Jones U.S. Basic Materials Index (200%), while DGS tracks WisdomTree Emerging Markets SmallCap Dividend Index. They also come from different issuers: ProShares and WisdomTree. Their fees differ too: 0.95% for UYM and 0.58% for DGS.
DGS currently has the higher Sharpe Ratio (1.44 vs 0.94), 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 UYM and DGS
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