YCS vs. SPY
Compare and contrast key facts about ProShares UltraShort Yen (YCS) and SPDR S&P 500 ETF (SPY).
YCS and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YCS is a passively managed fund by ProShares that tracks the performance of the USD/JPY Exchange Rate (-200%). It was launched on Nov 25, 2008. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both YCS and SPY 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: YCS or SPY.
Performance
YCS vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, YCS achieves a 32.10% return, which is significantly higher than SPY's 26.08% return. Over the past 10 years, YCS has underperformed SPY with an annualized return of 7.63%, while SPY has yielded a comparatively higher 13.10% annualized return.
YCS
32.10%
5.34%
1.85%
18.77%
19.28%
7.63%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| YCS | SPY | |
|---|---|---|
| Sharpe Ratio | 0.90 | 2.70 |
| Sortino Ratio | 1.28 | 3.60 |
| Omega Ratio | 1.18 | 1.50 |
| Calmar Ratio | 0.90 | 3.90 |
| Martin Ratio | 2.19 | 17.52 |
| Ulcer Index | 9.41% | 1.87% |
| Daily Std Dev | 22.85% | 12.14% |
| Max Drawdown | -49.56% | -55.19% |
| Current Drawdown | -5.74% | -0.85% |
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YCS vs. SPY - Expense Ratio Comparison
YCS has a 1.00% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between YCS and SPY is 0.22, 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.
Risk-Adjusted Performance
YCS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Yen (YCS) and SPDR S&P 500 ETF (SPY). 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
YCS vs. SPY - Dividend Comparison
YCS has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
YCS ProShares UltraShort 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% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
YCS vs. SPY - Drawdown Comparison
The maximum YCS drawdown since its inception was -49.56%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for YCS and SPY. For additional features, visit the drawdowns tool.
Volatility
YCS vs. SPY - Volatility Comparison
ProShares UltraShort Yen (YCS) has a higher volatility of 7.99% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that YCS's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.