WGS vs. UPRO
WGS (GeneDx Holdings Corp.) is a stock, while UPRO (ProShares UltraPro S&P 500) is Leveraged Equities fund tracking the S&P 500. Over the past 5 years, WGS returned -32.92%/yr vs 20.37%/yr for UPRO. At a 0.35 correlation, their price movements are largely independent.
Performance
WGS vs. UPRO - Performance Comparison
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Returns By Period
In the year-to-date period, WGS achieves a -55.34% return, which is significantly lower than UPRO's 17.21% return.
WGS
- 1D
- 4.80%
- 1M
- 22.76%
- YTD
- -55.34%
- 6M
- -57.09%
- 1Y
- -27.14%
- 3Y*
- 111.60%
- 5Y*
- -32.92%
- 10Y*
- —
UPRO
- 1D
- -4.27%
- 1M
- -5.38%
- YTD
- 17.21%
- 6M
- 13.86%
- 1Y
- 62.29%
- 3Y*
- 46.23%
- 5Y*
- 20.37%
- 10Y*
- 30.18%
WGS vs. UPRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
WGS GeneDx Holdings Corp. | -55.34% | 69.22% | 2,694.91% | -68.41% | -94.09% | -59.60% | 12.65% |
UPRO ProShares UltraPro S&P 500 | 17.21% | 31.88% | 63.57% | 68.53% | -56.84% | 98.64% | 38.04% |
Correlation
The correlation between WGS and UPRO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2020 | 0.35 |
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Return for Risk
WGS vs. UPRO — Risk / Return Rank
WGS
UPRO
WGS vs. UPRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GeneDx Holdings Corp. (WGS) and ProShares UltraPro S&P 500 (UPRO). 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.
| WGS | UPRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.01 | ||
| Sortino ratioReturn per unit of downside risk | -2.01 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.28 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 2.34 | -2.68 |
| Martin ratioReturn relative to average drawdown | -0.68 | 9.52 | -10.20 |
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Drawdowns
WGS vs. UPRO - Drawdown Comparison
The maximum WGS drawdown since its inception was -99.85%, which is greater than UPRO's maximum drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for WGS and UPRO.
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Drawdown Indicators
| WGS | UPRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.85% | -76.82% | -23.03% |
Max Drawdown (1Y)Largest decline over 1 year | -79.40% | -26.78% | -52.62% |
Max Drawdown (3Y)Largest decline over 3 years | -84.28% | -48.87% | -35.41% |
Max Drawdown (5Y)Largest decline over 5 years | -99.73% | -63.94% | -35.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -76.82% | — |
Current DrawdownCurrent decline from peak | -93.18% | -10.27% | -82.91% |
Average DrawdownAverage peak-to-trough decline | -83.39% | -14.39% | -69.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.86% | 6.57% | +33.29% |
Volatility
WGS vs. UPRO - Volatility Comparison
GeneDx Holdings Corp. (WGS) has a higher volatility of 22.71% compared to ProShares UltraPro S&P 500 (UPRO) at 14.68%. This indicates that WGS's price experiences larger fluctuations and is considered to be riskier than UPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WGS | UPRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.71% | 14.68% | +8.03% |
Volatility (6M)Calculated over the trailing 6-month period | 86.16% | 29.49% | +56.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.76% | 37.35% | +48.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 110.07% | 50.62% | +59.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 107.32% | 53.79% | +53.53% |
Dividends
WGS vs. UPRO - Dividend Comparison
WGS has not paid dividends to shareholders, while UPRO's dividend yield for the trailing twelve months is around 0.74%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UPRO ProShares UltraPro S&P 500 | 0.74% | 0.84% | 0.93% | 0.74% | 0.52% | 0.06% | 0.11% | 0.41% | 0.63% | 0.00% | 0.12% | 0.34% |
WGS GeneDx Holdings Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WGS and UPRO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WGS has higher volatility (22.71%) compared to UPRO (14.68%). In terms of maximum drawdown, WGS dropped -99.85% vs UPRO's -76.82%.
UPRO currently has the higher Sharpe Ratio (1.68 vs -0.33), 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.
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