UYM vs. QLD
Compare and contrast key facts about ProShares Ultra Basic Materials (UYM) and ProShares Ultra QQQ (QLD).
UYM and QLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UYM is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Basic Materials 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 UYM 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.
Performance
UYM vs. QLD - Performance Comparison
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UYM vs. QLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UYM ProShares Ultra Basic Materials | 19.41% | 9.46% | -8.00% | 17.47% | -23.10% | 54.58% | 16.56% | 35.09% | -35.68% | 51.51% |
QLD ProShares Ultra QQQ | -13.35% | 30.36% | 42.82% | 117.72% | -60.52% | 54.67% | 88.90% | 81.69% | -8.31% | 70.34% |
Returns By Period
In the year-to-date period, UYM achieves a 19.41% return, which is significantly higher than QLD's -13.35% return. Over the past 10 years, UYM has underperformed QLD with an annualized return of 12.56%, while QLD has yielded a comparatively higher 29.40% annualized return.
UYM
- 1D
- 3.66%
- 1M
- -12.40%
- YTD
- 19.41%
- 6M
- 21.51%
- 1Y
- 26.73%
- 3Y*
- 9.18%
- 5Y*
- 6.29%
- 10Y*
- 12.56%
QLD
- 1D
- 6.72%
- 1M
- -10.26%
- YTD
- -13.35%
- 6M
- -11.03%
- 1Y
- 37.53%
- 3Y*
- 35.41%
- 5Y*
- 15.27%
- 10Y*
- 29.40%
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UYM vs. QLD - Expense Ratio Comparison
Both UYM and QLD have an expense ratio of 0.95%.
Return for Risk
UYM vs. QLD — Risk / Return Rank
UYM
QLD
UYM vs. QLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Basic Materials (UYM) 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.
| UYM | QLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.64 | 0.84 | -0.20 |
Sortino ratioReturn per unit of downside risk | 1.16 | 1.43 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.20 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 1.49 | -0.47 |
Martin ratioReturn relative to average drawdown | 3.16 | 4.88 | -1.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UYM | QLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 0.84 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.34 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.66 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.53 | -0.45 |
Correlation
The correlation between UYM and QLD 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.
Dividends
UYM vs. QLD - Dividend Comparison
UYM's dividend yield for the trailing twelve months is around 1.27%, more than QLD's 0.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UYM ProShares Ultra Basic Materials | 1.27% | 1.47% | 0.98% | 0.28% | 0.88% | 0.52% | 0.56% | 1.24% | 0.94% | 0.38% | 0.55% | 0.42% |
QLD ProShares Ultra QQQ | 0.19% | 0.17% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.21% | 0.11% |
Drawdowns
UYM vs. QLD - Drawdown Comparison
The maximum UYM drawdown since its inception was -92.77%, which is greater than QLD's maximum drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for UYM and QLD.
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Drawdown Indicators
| UYM | QLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.77% | -83.13% | -9.64% |
Max Drawdown (1Y)Largest decline over 1 year | -28.11% | -25.13% | -2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -48.25% | -63.68% | +15.43% |
Max Drawdown (10Y)Largest decline over 10 years | -73.31% | -63.68% | -9.63% |
Current DrawdownCurrent decline from peak | -13.51% | -20.10% | +6.59% |
Average DrawdownAverage peak-to-trough decline | -42.41% | -18.30% | -24.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.09% | 7.67% | +1.42% |
Volatility
UYM vs. QLD - Volatility Comparison
ProShares Ultra Basic Materials (UYM) and ProShares Ultra QQQ (QLD) have volatilities of 12.63% and 12.96%, 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.
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Volatility by Period
| UYM | QLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.63% | 12.96% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 24.94% | 25.55% | -0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.02% | 44.91% | -2.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.32% | 44.77% | -5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.73% | 44.47% | -1.74% |