WM vs. USD
WM (Waste Management, Inc.) is a stock, while USD (ProShares Ultra Semiconductors) is Leveraged Equities fund tracking the Dow Jones U.S. Semiconductors Index (200%). Over the past 10 years, WM returned 15.50%/yr vs 61.24%/yr for USD. At a 0.32 correlation, their price movements are largely independent.
Performance
WM vs. USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WM achieves a 0.08% return, which is significantly lower than USD's 103.32% return. Over the past 10 years, WM has underperformed USD with an annualized return of 15.50%, while USD has yielded a comparatively higher 61.24% annualized return.
WM
- 1D
- 0.46%
- 1M
- -2.44%
- YTD
- 0.08%
- 6M
- 3.05%
- 1Y
- -6.93%
- 3Y*
- 11.49%
- 5Y*
- 10.87%
- 10Y*
- 15.50%
USD
- 1D
- -4.99%
- 1M
- 31.62%
- YTD
- 103.32%
- 6M
- 97.79%
- 1Y
- 250.81%
- 3Y*
- 125.78%
- 5Y*
- 67.80%
- 10Y*
- 61.24%
WM vs. USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WM Waste Management, Inc. | 0.08% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
USD ProShares Ultra Semiconductors | 103.32% | 62.08% | 139.64% | 228.79% | -68.57% | 104.27% | 68.16% | 110.37% | -26.88% | 81.72% |
Correlation
The correlation between WM and USD is -0.34, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2007 | 0.32 |
The correlation between WM and USD shifts across timeframes, from -0.34 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WM vs. USD — Risk / Return Rank
WM
USD
WM vs. USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) and ProShares Ultra Semiconductors (USD). 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.
| WM | USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.50 | ||
| Sortino ratioReturn per unit of downside risk | -4.02 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.48 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 7.94 | -8.35 |
| Martin ratioReturn relative to average drawdown | -0.92 | 22.96 | -23.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WM | USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.37 | 4.12 | -4.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.89 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.89 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.49 | -0.12 |
Drawdowns
WM vs. USD - Drawdown Comparison
The maximum WM drawdown since its inception was -77.85%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for WM and USD.
Loading charts...
Drawdown Indicators
| WM | USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.85% | -88.63% | +10.78% |
Max Drawdown (1Y)Largest decline over 1 year | -16.95% | -31.80% | +14.85% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | -64.46% | +46.32% |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | -77.85% | +59.71% |
Max Drawdown (10Y)Largest decline over 10 years | -30.07% | -77.85% | +47.78% |
Current DrawdownCurrent decline from peak | -10.80% | -6.07% | -4.73% |
Average DrawdownAverage peak-to-trough decline | -17.69% | -32.35% | +14.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.64% | 10.98% | -3.34% |
Volatility
WM vs. USD - Volatility Comparison
The current volatility for Waste Management, Inc. (WM) is 5.76%, while ProShares Ultra Semiconductors (USD) has a volatility of 21.29%. This indicates that WM experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WM | USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.76% | 21.29% | -15.53% |
Volatility (6M)Calculated over the trailing 6-month period | 13.56% | 46.74% | -33.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.58% | 61.28% | -42.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.53% | 76.56% | -58.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.49% | 69.24% | -49.75% |
Dividends
WM vs. USD - Dividend Comparison
WM's dividend yield for the trailing twelve months is around 1.56%, more than USD's 0.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ProShares Ultra Semiconductors | 0.23% | 0.39% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% |
WM Waste Management, Inc. | 1.56% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Frequently Asked Questions
WM and USD have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USD has higher volatility (21.29%) compared to WM (5.76%). In terms of maximum drawdown, WM dropped -77.85% vs USD's -88.63%.
USD currently has the higher Sharpe Ratio (4.12 vs -0.37), 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.
Find the right allocation for WM and USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer