YCL vs. SLV
Compare and contrast key facts about ProShares Ultra Yen (YCL) and iShares Silver Trust (SLV).
YCL and SLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YCL is a passively managed fund by ProShares that tracks the performance of the USD/JPY Exchange Rate (-200%). It was launched on Nov 24, 2008. SLV is a passively managed fund by iShares that tracks the performance of the Silver Bullion. It was launched on Apr 28, 2006. Both YCL and SLV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YCL or SLV.
Key characteristics
| YCL | SLV | |
|---|---|---|
| YTD Return | -24.19% | 26.77% |
| 1Y Return | -15.15% | 30.42% |
| 3Y Return (Ann) | -24.58% | 5.65% |
| 5Y Return (Ann) | -17.99% | 11.78% |
| 10Y Return (Ann) | -10.75% | 5.87% |
| Sharpe Ratio | -0.60 | 1.13 |
| Sortino Ratio | -0.80 | 1.71 |
| Omega Ratio | 0.91 | 1.21 |
| Calmar Ratio | -0.16 | 0.61 |
| Martin Ratio | -0.85 | 4.66 |
| Ulcer Index | 15.80% | 7.55% |
| Daily Std Dev | 22.39% | 31.05% |
| Max Drawdown | -86.75% | -76.28% |
| Current Drawdown | -86.24% | -41.58% |
Correlation
The correlation between YCL and SLV is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
YCL vs. SLV - Performance Comparison
In the year-to-date period, YCL achieves a -24.19% return, which is significantly lower than SLV's 26.77% return. Over the past 10 years, YCL has underperformed SLV with an annualized return of -10.75%, while SLV has yielded a comparatively higher 5.87% annualized 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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YCL vs. SLV - Expense Ratio Comparison
YCL has a 0.95% expense ratio, which is higher than SLV's 0.50% expense ratio.
Risk-Adjusted Performance
YCL vs. SLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Yen (YCL) and iShares Silver Trust (SLV). 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
YCL vs. SLV - Dividend Comparison
Neither YCL nor SLV has paid dividends to shareholders.
Drawdowns
YCL vs. SLV - Drawdown Comparison
The maximum YCL drawdown since its inception was -86.75%, which is greater than SLV's maximum drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for YCL and SLV. For additional features, visit the drawdowns tool.
Volatility
YCL vs. SLV - Volatility Comparison
The current volatility for ProShares Ultra Yen (YCL) is 6.83%, while iShares Silver Trust (SLV) has a volatility of 10.80%. This indicates that YCL experiences smaller price fluctuations and is considered to be less risky than SLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.