XMAR vs. UJB
Compare and contrast key facts about FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March (XMAR) and ProShares Ultra High Yield (UJB).
XMAR and UJB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMAR is an actively managed fund by FT Vest. It was launched on Mar 16, 2023. UJB is a passively managed fund by ProShares that tracks the performance of the iBoxx $ Liquid High Yield Index (200%). It was launched on Apr 13, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XMAR or UJB.
Key characteristics
| XMAR | UJB | |
|---|---|---|
| YTD Return | 7.27% | 10.62% |
| 1Y Return | 10.74% | 22.34% |
| Sharpe Ratio | 2.38 | 2.03 |
| Daily Std Dev | 4.50% | 10.74% |
| Max Drawdown | -3.31% | -40.14% |
| Current Drawdown | 0.00% | -0.66% |
Correlation
The correlation between XMAR and UJB is 0.54, 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.
Performance
XMAR vs. UJB - Performance Comparison
In the year-to-date period, XMAR achieves a 7.27% return, which is significantly lower than UJB's 10.62% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XMAR vs. UJB - Expense Ratio Comparison
XMAR has a 0.85% expense ratio, which is lower than UJB's 1.27% expense ratio.
Risk-Adjusted Performance
XMAR vs. UJB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March (XMAR) and ProShares Ultra High Yield (UJB). 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.
Dividends
XMAR vs. UJB - Dividend Comparison
XMAR has not paid dividends to shareholders, while UJB's dividend yield for the trailing twelve months is around 2.47%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
XMAR FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UJB ProShares Ultra High Yield | 1.95% | 3.92% | 0.05% | 0.31% | 2.88% | 3.95% | 3.22% | 2.67% | 2.35% | 3.62% | 0.30% |
Drawdowns
XMAR vs. UJB - Drawdown Comparison
The maximum XMAR drawdown since its inception was -3.31%, smaller than the maximum UJB drawdown of -40.14%. Use the drawdown chart below to compare losses from any high point for XMAR and UJB. For additional features, visit the drawdowns tool.
Volatility
XMAR vs. UJB - Volatility Comparison
The current volatility for FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March (XMAR) is 1.47%, while ProShares Ultra High Yield (UJB) has a volatility of 1.98%. This indicates that XMAR experiences smaller price fluctuations and is considered to be less risky than UJB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.