^SP100 vs. SPXU
Compare and contrast key facts about S&P 100 Index (^SP100) and ProShares UltraPro Short S&P500 (SPXU).
SPXU is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (-300%). It was launched on Jun 25, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP100 or SPXU.
Correlation
The correlation between ^SP100 and SPXU is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^SP100 vs. SPXU - Performance Comparison
Key characteristics
^SP100:
0.53
SPXU:
-0.51
^SP100:
0.88
SPXU:
-0.44
^SP100:
1.13
SPXU:
0.94
^SP100:
0.56
SPXU:
-0.29
^SP100:
2.06
SPXU:
-1.16
^SP100:
5.37%
SPXU:
25.43%
^SP100:
20.77%
SPXU:
57.38%
^SP100:
-61.31%
SPXU:
-99.99%
^SP100:
-8.80%
SPXU:
-99.98%
Returns By Period
In the year-to-date period, ^SP100 achieves a -5.24% return, which is significantly lower than SPXU's -0.15% return. Over the past 10 years, ^SP100 has outperformed SPXU with an annualized return of 11.49%, while SPXU has yielded a comparatively lower -38.40% annualized return.
^SP100
-5.24%
13.84%
-5.24%
10.98%
15.33%
11.49%
SPXU
-0.15%
-36.92%
5.32%
-29.22%
-41.45%
-38.40%
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Risk-Adjusted Performance
^SP100 vs. SPXU — Risk-Adjusted Performance Rank
^SP100
SPXU
^SP100 vs. SPXU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 100 Index (^SP100) and ProShares UltraPro Short S&P500 (SPXU). 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.
Drawdowns
^SP100 vs. SPXU - Drawdown Comparison
The maximum ^SP100 drawdown since its inception was -61.31%, smaller than the maximum SPXU drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for ^SP100 and SPXU. For additional features, visit the drawdowns tool.
Volatility
^SP100 vs. SPXU - Volatility Comparison
The current volatility for S&P 100 Index (^SP100) is 12.03%, while ProShares UltraPro Short S&P500 (SPXU) has a volatility of 37.86%. This indicates that ^SP100 experiences smaller price fluctuations and is considered to be less risky than SPXU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.