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

Correlation

The correlation between XPP and SSO is 0.58, 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

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.

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Key characteristics

Sharpe Ratio

XPP:

0.65

SSO:

0.32

Sortino Ratio

XPP:

1.20

SSO:

0.63

Omega Ratio

XPP:

1.16

SSO:

1.09

Calmar Ratio

XPP:

0.41

SSO:

0.28

Martin Ratio

XPP:

1.53

SSO:

0.97

Ulcer Index

XPP:

23.55%

SSO:

10.24%

Daily Std Dev

XPP:

70.41%

SSO:

39.05%

Max Drawdown

XPP:

-89.90%

SSO:

-84.67%

Current Drawdown

XPP:

-76.44%

SSO:

-13.89%

Returns By Period

In the year-to-date period, XPP achieves a 29.82% return, which is significantly higher than SSO's -6.72% return. Over the past 10 years, XPP has underperformed SSO with an annualized return of -12.66%, while SSO has yielded a comparatively higher 18.35% annualized return.


XPP

YTD

29.82%

1M

11.86%

6M

38.11%

1Y

45.47%

3Y*

0.20%

5Y*

-11.48%

10Y*

-12.66%

SSO

YTD

-6.72%

1M

16.13%

6M

-9.80%

1Y

12.25%

3Y*

21.24%

5Y*

25.13%

10Y*

18.35%

*Annualized

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ProShares Ultra FTSE China 50

ProShares Ultra S&P 500

XPP vs. SSO - Expense Ratio Comparison

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


Risk-Adjusted Performance

XPP vs. SSO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XPP
The Risk-Adjusted Performance Rank of XPP is 6363
Overall Rank
The Sharpe Ratio Rank of XPP is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of XPP is 7575
Sortino Ratio Rank
The Omega Ratio Rank of XPP is 7373
Omega Ratio Rank
The Calmar Ratio Rank of XPP is 5353
Calmar Ratio Rank
The Martin Ratio Rank of XPP is 5050
Martin Ratio Rank

SSO
The Risk-Adjusted Performance Rank of SSO is 4040
Overall Rank
The Sharpe Ratio Rank of SSO is 3838
Sharpe Ratio Rank
The Sortino Ratio Rank of SSO is 4242
Sortino Ratio Rank
The Omega Ratio Rank of SSO is 4343
Omega Ratio Rank
The Calmar Ratio Rank of SSO is 4141
Calmar Ratio Rank
The Martin Ratio Rank of SSO is 3838
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current XPP Sharpe Ratio is 0.65, which is higher than the SSO Sharpe Ratio of 0.32. 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.


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Dividends

XPP vs. SSO - Dividend Comparison

XPP's dividend yield for the trailing twelve months is around 2.76%, more than SSO's 0.90% yield.


TTM20242023202220212020201920182017201620152014
XPP
ProShares Ultra FTSE China 50
2.76%2.96%2.87%0.00%0.00%0.00%3.81%1.47%0.00%0.00%0.00%0.00%
SSO
ProShares Ultra S&P 500
0.90%0.85%0.18%0.50%0.18%0.20%0.50%0.75%0.39%0.51%0.63%0.32%

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.


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Volatility

XPP vs. SSO - Volatility Comparison

ProShares Ultra FTSE China 50 (XPP) has a higher volatility of 11.77% compared to ProShares Ultra S&P 500 (SSO) at 8.76%. 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.


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