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UYM vs. IYW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UYM and IYW is 0.64, 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.


-0.50.00.51.00.6

Performance

UYM vs. IYW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Basic Materials (UYM) and iShares U.S. Technology ETF (IYW). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-10.05%
10.12%
UYM
IYW

Key characteristics

Sharpe Ratio

UYM:

-0.18

IYW:

1.63

Sortino Ratio

UYM:

-0.06

IYW:

2.15

Omega Ratio

UYM:

0.99

IYW:

1.29

Calmar Ratio

UYM:

-0.18

IYW:

2.18

Martin Ratio

UYM:

-0.60

IYW:

7.51

Ulcer Index

UYM:

7.96%

IYW:

4.68%

Daily Std Dev

UYM:

27.12%

IYW:

21.63%

Max Drawdown

UYM:

-92.77%

IYW:

-81.89%

Current Drawdown

UYM:

-24.44%

IYW:

-0.48%

Returns By Period

In the year-to-date period, UYM achieves a -5.69% return, which is significantly lower than IYW's 35.02% return. Over the past 10 years, UYM has underperformed IYW with an annualized return of 6.99%, while IYW has yielded a comparatively higher 20.89% annualized return.


UYM

YTD

-5.69%

1M

-18.08%

6M

-12.45%

1Y

-6.27%

5Y*

9.18%

10Y*

6.99%

IYW

YTD

35.02%

1M

4.01%

6M

10.12%

1Y

35.18%

5Y*

23.72%

10Y*

20.89%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


UYM vs. IYW - Expense Ratio Comparison

UYM has a 0.95% expense ratio, which is higher than IYW's 0.42% expense ratio.


UYM
ProShares Ultra Basic Materials
Expense ratio chart for UYM: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for IYW: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

Risk-Adjusted Performance

UYM vs. IYW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Basic Materials (UYM) and iShares U.S. Technology ETF (IYW). 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.


Sharpe ratio
The chart of Sharpe ratio for UYM, currently valued at -0.23, compared to the broader market0.002.004.00-0.231.63
The chart of Sortino ratio for UYM, currently valued at -0.14, compared to the broader market-2.000.002.004.006.008.0010.00-0.142.15
The chart of Omega ratio for UYM, currently valued at 0.98, compared to the broader market0.501.001.502.002.503.000.981.29
The chart of Calmar ratio for UYM, currently valued at -0.24, compared to the broader market0.005.0010.0015.00-0.242.18
The chart of Martin ratio for UYM, currently valued at -0.77, compared to the broader market0.0020.0040.0060.0080.00100.00-0.777.51
UYM
IYW

The current UYM Sharpe Ratio is -0.18, which is lower than the IYW Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of UYM and IYW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
-0.23
1.63
UYM
IYW

Dividends

UYM vs. IYW - Dividend Comparison

UYM's dividend yield for the trailing twelve months is around 0.95%, more than IYW's 0.20% yield.


TTM20232022202120202019201820172016201520142013
UYM
ProShares Ultra Basic Materials
0.95%0.28%0.87%0.52%0.56%1.24%0.94%0.38%0.55%0.42%0.42%4.20%
IYW
iShares U.S. Technology ETF
0.20%0.40%0.50%0.31%0.56%0.72%0.91%0.82%1.13%1.12%1.13%1.06%

Drawdowns

UYM vs. IYW - Drawdown Comparison

The maximum UYM drawdown since its inception was -92.77%, which is greater than IYW's maximum drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for UYM and IYW. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-24.44%
-0.48%
UYM
IYW

Volatility

UYM vs. IYW - Volatility Comparison

ProShares Ultra Basic Materials (UYM) has a higher volatility of 7.85% compared to iShares U.S. Technology ETF (IYW) at 5.74%. This indicates that UYM's price experiences larger fluctuations and is considered to be riskier than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.85%
5.74%
UYM
IYW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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