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XPP vs. SSO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XPP and SSO is 0.59, 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.


-0.50.00.51.00.6

Performance

XPP vs. SSO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra FTSE China 50 (XPP) and ProShares Ultra S&P 500 (SSO). The values are adjusted to include any dividend payments, if applicable.

0.00%1,000.00%2,000.00%3,000.00%JulyAugustSeptemberOctoberNovemberDecember
-65.61%
2,890.04%
XPP
SSO

Key characteristics

Sharpe Ratio

XPP:

0.75

SSO:

2.04

Sortino Ratio

XPP:

1.49

SSO:

2.57

Omega Ratio

XPP:

1.19

SSO:

1.36

Calmar Ratio

XPP:

0.57

SSO:

3.03

Martin Ratio

XPP:

2.50

SSO:

12.52

Ulcer Index

XPP:

20.29%

SSO:

4.04%

Daily Std Dev

XPP:

67.41%

SSO:

24.81%

Max Drawdown

XPP:

-89.90%

SSO:

-84.67%

Current Drawdown

XPP:

-81.86%

SSO:

-5.21%

Returns By Period

In the year-to-date period, XPP achieves a 38.14% return, which is significantly lower than SSO's 46.24% return. Over the past 10 years, XPP has underperformed SSO with an annualized return of -10.87%, while SSO has yielded a comparatively higher 19.76% annualized return.


XPP

YTD

38.14%

1M

1.75%

6M

22.45%

1Y

49.39%

5Y*

-21.74%

10Y*

-10.87%

SSO

YTD

46.24%

1M

-0.89%

6M

14.51%

1Y

47.14%

5Y*

20.76%

10Y*

19.76%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XPP vs. SSO - Expense Ratio Comparison

XPP has a 0.95% expense ratio, which is higher than SSO's 0.90% expense ratio.


XPP
ProShares Ultra FTSE China 50
Expense ratio chart for XPP: 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 SSO: current value at 0.90% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.90%

Risk-Adjusted Performance

XPP vs. SSO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra FTSE China 50 (XPP) and ProShares Ultra S&P 500 (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.


Sharpe ratio
The chart of Sharpe ratio for XPP, currently valued at 0.75, compared to the broader market0.002.004.000.752.04
The chart of Sortino ratio for XPP, currently valued at 1.49, compared to the broader market-2.000.002.004.006.008.0010.001.492.57
The chart of Omega ratio for XPP, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.36
The chart of Calmar ratio for XPP, currently valued at 0.57, compared to the broader market0.005.0010.0015.000.573.03
The chart of Martin ratio for XPP, currently valued at 2.50, compared to the broader market0.0020.0040.0060.0080.00100.002.5012.52
XPP
SSO

The current XPP Sharpe Ratio is 0.75, which is lower than the SSO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of XPP and SSO, 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 Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.75
2.04
XPP
SSO

Dividends

XPP vs. SSO - Dividend Comparison

XPP's dividend yield for the trailing twelve months is around 1.64%, more than SSO's 0.57% yield.


TTM20232022202120202019201820172016201520142013
XPP
ProShares Ultra FTSE China 50
1.64%2.87%0.00%0.00%0.00%3.81%1.47%0.00%0.00%0.00%0.00%0.00%
SSO
ProShares Ultra S&P 500
0.57%0.18%0.50%0.18%0.20%0.50%0.75%0.39%0.51%0.63%0.32%0.26%

Drawdowns

XPP vs. SSO - Drawdown Comparison

The maximum XPP drawdown since its inception was -89.90%, which is greater than SSO's maximum drawdown of -84.67%. Use the drawdown chart below to compare losses from any high point for XPP and SSO. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-81.86%
-5.21%
XPP
SSO

Volatility

XPP vs. SSO - Volatility Comparison

ProShares Ultra FTSE China 50 (XPP) has a higher volatility of 20.73% compared to ProShares Ultra S&P 500 (SSO) at 7.48%. This indicates that XPP'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.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
20.73%
7.48%
XPP
SSO
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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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