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YCL vs. DXJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between YCL and DXJ is -0.40. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.4

Performance

YCL vs. DXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Yen (YCL) and WisdomTree Japan Hedged Equity Fund (DXJ). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
-80.10%
418.18%
YCL
DXJ

Key characteristics

Sharpe Ratio

YCL:

-1.05

DXJ:

1.36

Sortino Ratio

YCL:

-1.54

DXJ:

1.75

Omega Ratio

YCL:

0.83

DXJ:

1.26

Calmar Ratio

YCL:

-0.26

DXJ:

1.28

Martin Ratio

YCL:

-1.32

DXJ:

4.37

Ulcer Index

YCL:

17.27%

DXJ:

6.50%

Daily Std Dev

YCL:

21.87%

DXJ:

20.91%

Max Drawdown

YCL:

-86.75%

DXJ:

-49.63%

Current Drawdown

YCL:

-86.46%

DXJ:

-6.15%

Returns By Period

In the year-to-date period, YCL achieves a -25.43% return, which is significantly lower than DXJ's 26.30% return. Over the past 10 years, YCL has underperformed DXJ with an annualized return of -10.11%, while DXJ has yielded a comparatively higher 11.22% annualized return.


YCL

YTD

-25.43%

1M

-3.12%

6M

-0.63%

1Y

-24.13%

5Y*

-18.01%

10Y*

-10.11%

DXJ

YTD

26.30%

1M

0.77%

6M

2.25%

1Y

27.58%

5Y*

18.03%

10Y*

11.22%

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YCL vs. DXJ - Expense Ratio Comparison

YCL has a 0.95% expense ratio, which is higher than DXJ's 0.48% expense ratio.


YCL
ProShares Ultra Yen
Expense ratio chart for YCL: 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 DXJ: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%

Risk-Adjusted Performance

YCL vs. DXJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Yen (YCL) and WisdomTree Japan Hedged Equity Fund (DXJ). 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 YCL, currently valued at -1.05, compared to the broader market0.002.004.00-1.051.36
The chart of Sortino ratio for YCL, currently valued at -1.54, compared to the broader market-2.000.002.004.006.008.0010.00-1.541.75
The chart of Omega ratio for YCL, currently valued at 0.83, compared to the broader market0.501.001.502.002.503.000.831.26
The chart of Calmar ratio for YCL, currently valued at -0.26, compared to the broader market0.005.0010.0015.00-0.261.28
The chart of Martin ratio for YCL, currently valued at -1.32, compared to the broader market0.0020.0040.0060.0080.00100.00-1.324.37
YCL
DXJ

The current YCL Sharpe Ratio is -1.05, which is lower than the DXJ Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of YCL and DXJ, 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-2.00-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-1.05
1.36
YCL
DXJ

Dividends

YCL vs. DXJ - Dividend Comparison

YCL has not paid dividends to shareholders, while DXJ's dividend yield for the trailing twelve months is around 2.33%.


TTM20232022202120202019201820172016201520142013
YCL
ProShares Ultra Yen
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DXJ
WisdomTree Japan Hedged Equity Fund
0.87%3.44%3.03%2.64%2.53%2.47%2.92%2.30%1.98%5.95%11.61%2.44%

Drawdowns

YCL vs. DXJ - Drawdown Comparison

The maximum YCL drawdown since its inception was -86.75%, which is greater than DXJ's maximum drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for YCL and DXJ. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-86.46%
-6.15%
YCL
DXJ

Volatility

YCL vs. DXJ - Volatility Comparison

ProShares Ultra Yen (YCL) has a higher volatility of 6.79% compared to WisdomTree Japan Hedged Equity Fund (DXJ) at 4.82%. This indicates that YCL's price experiences larger fluctuations and is considered to be riskier than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
6.79%
4.82%
YCL
DXJ
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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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