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

Correlation

The correlation between UYM and XLB is 0.97, 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.


-0.50.00.51.01.0

Performance

UYM vs. XLB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Basic Materials (UYM) and Materials Select Sector SPDR ETF (XLB). 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%
-3.11%
UYM
XLB

Key characteristics

Sharpe Ratio

UYM:

-0.18

XLB:

0.13

Sortino Ratio

UYM:

-0.06

XLB:

0.28

Omega Ratio

UYM:

0.99

XLB:

1.03

Calmar Ratio

UYM:

-0.18

XLB:

0.14

Martin Ratio

UYM:

-0.60

XLB:

0.50

Ulcer Index

UYM:

7.96%

XLB:

3.66%

Daily Std Dev

UYM:

27.12%

XLB:

13.55%

Max Drawdown

UYM:

-92.77%

XLB:

-59.83%

Current Drawdown

UYM:

-24.44%

XLB:

-12.41%

Returns By Period

In the year-to-date period, UYM achieves a -5.69% return, which is significantly lower than XLB's 1.26% return. Over the past 10 years, UYM has underperformed XLB with an annualized return of 6.99%, while XLB has yielded a comparatively higher 7.79% annualized return.


UYM

YTD

-5.69%

1M

-18.08%

6M

-12.45%

1Y

-6.27%

5Y*

9.18%

10Y*

6.99%

XLB

YTD

1.26%

1M

-9.11%

6M

-4.34%

1Y

1.19%

5Y*

9.05%

10Y*

7.79%

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. XLB - Expense Ratio Comparison

UYM has a 0.95% expense ratio, which is higher than XLB's 0.13% 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 XLB: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

UYM vs. XLB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Basic Materials (UYM) and Materials Select Sector SPDR ETF (XLB). 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 -0.18, compared to the broader market0.002.004.00-0.180.13
The chart of Sortino ratio for UYM, currently valued at -0.06, compared to the broader market-2.000.002.004.006.008.0010.00-0.060.28
The chart of Omega ratio for UYM, currently valued at 0.99, compared to the broader market0.501.001.502.002.503.000.991.03
The chart of Calmar ratio for UYM, currently valued at -0.18, compared to the broader market0.005.0010.0015.00-0.180.14
The chart of Martin ratio for UYM, currently valued at -0.60, compared to the broader market0.0020.0040.0060.0080.00100.00-0.600.50
UYM
XLB

The current UYM Sharpe Ratio is -0.18, which is lower than the XLB Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of UYM and XLB, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.18
0.13
UYM
XLB

Dividends

UYM vs. XLB - Dividend Comparison

UYM's dividend yield for the trailing twelve months is around 0.95%, less than XLB's 1.90% 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%
XLB
Materials Select Sector SPDR ETF
1.90%2.00%2.26%1.62%1.72%1.98%2.20%1.66%1.95%2.24%1.97%2.08%

Drawdowns

UYM vs. XLB - Drawdown Comparison

The maximum UYM drawdown since its inception was -92.77%, which is greater than XLB's maximum drawdown of -59.83%. Use the drawdown chart below to compare losses from any high point for UYM and XLB. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-24.44%
-12.41%
UYM
XLB

Volatility

UYM vs. XLB - Volatility Comparison

ProShares Ultra Basic Materials (UYM) has a higher volatility of 8.10% compared to Materials Select Sector SPDR ETF (XLB) at 4.08%. This indicates that UYM's price experiences larger fluctuations and is considered to be riskier than XLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
8.10%
4.08%
UYM
XLB
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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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