UYM vs. SSO
Compare and contrast key facts about ProShares Ultra Basic Materials (UYM) and ProShares Ultra S&P500 (SSO).
UYM and SSO 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. SSO is a passively managed fund by ProShares that tracks the performance of the S&P 500. It was launched on Jun 19, 2006. Both UYM and SSO 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. SSO - Performance Comparison
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UYM vs. SSO - 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% |
SSO ProShares Ultra S&P500 | -10.23% | 26.19% | 43.48% | 46.65% | -38.98% | 60.57% | 21.54% | 63.45% | -14.60% | 44.35% |
Returns By Period
In the year-to-date period, UYM achieves a 19.41% return, which is significantly higher than SSO's -10.23% return. Over the past 10 years, UYM has underperformed SSO with an annualized return of 12.56%, while SSO has yielded a comparatively higher 21.06% 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%
SSO
- 1D
- 5.75%
- 1M
- -10.37%
- YTD
- -10.23%
- 6M
- -7.08%
- 1Y
- 26.35%
- 3Y*
- 28.27%
- 5Y*
- 15.34%
- 10Y*
- 21.06%
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UYM vs. SSO - Expense Ratio Comparison
UYM has a 0.95% expense ratio, which is higher than SSO's 0.87% expense ratio.
Return for Risk
UYM vs. SSO — Risk / Return Rank
UYM
SSO
UYM vs. SSO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Basic Materials (UYM) and ProShares Ultra S&P500 (SSO). 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 | SSO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.64 | 0.73 | -0.09 |
Sortino ratioReturn per unit of downside risk | 1.16 | 1.23 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.19 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 1.20 | -0.18 |
Martin ratioReturn relative to average drawdown | 3.16 | 5.18 | -2.02 |
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 | SSO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 0.73 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.46 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.59 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.38 | -0.29 |
Correlation
The correlation between UYM and SSO is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
UYM vs. SSO - Dividend Comparison
UYM's dividend yield for the trailing twelve months is around 1.27%, more than SSO's 0.82% 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% |
SSO ProShares Ultra S&P500 | 0.82% | 0.68% | 0.85% | 0.18% | 0.50% | 0.18% | 0.20% | 0.50% | 0.75% | 0.39% | 0.51% | 0.63% |
Drawdowns
UYM vs. SSO - Drawdown Comparison
The maximum UYM drawdown since its inception was -92.77%, which is greater than SSO's maximum drawdown of -84.67%. Use the drawdown chart below to compare losses from any high point for UYM and SSO.
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Drawdown Indicators
| UYM | SSO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.77% | -84.67% | -8.10% |
Max Drawdown (1Y)Largest decline over 1 year | -28.11% | -23.17% | -4.94% |
Max Drawdown (5Y)Largest decline over 5 years | -48.25% | -46.73% | -1.52% |
Max Drawdown (10Y)Largest decline over 10 years | -73.31% | -59.34% | -13.97% |
Current DrawdownCurrent decline from peak | -13.51% | -13.46% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -42.41% | -19.72% | -22.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.09% | 5.38% | +3.71% |
Volatility
UYM vs. SSO - Volatility Comparison
ProShares Ultra Basic Materials (UYM) has a higher volatility of 12.63% compared to ProShares Ultra S&P500 (SSO) at 10.60%. This indicates that UYM's price experiences larger fluctuations and is considered to be riskier than SSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UYM | SSO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.63% | 10.60% | +2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 24.94% | 18.95% | +5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.02% | 36.45% | +5.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.32% | 33.66% | +5.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.73% | 35.86% | +6.87% |