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SDS vs UPRO

ProShares UltraShort S&P500 vs ProShares UltraPro S&P500

SDS

ProShares UltraShort S&P500

ProShares

Annual cost

0.91%

Fund size

$443M

UPRO

ProShares UltraPro S&P500

ProShares

Annual cost

0.89%

Fund size

$4.7B

Key differences

  • UPRO is significantly larger than SDS — larger funds tend to be more liquid and less likely to close.
  • SDS is classified as equity, while UPRO is cryptocurrency — different risk/return profiles.
  • SDS follows a inverse strategy; UPRO uses leveraged.
  • Over the last 3 years, UPRO has delivered higher annualized returns.

Side-by-side comparison

SDSUPRO
Annual cost (TER)0.91%0.89%
Fund size (AUM)$443M$4.7B
Since20062009
Dividend yield5.29%0.78%
Asset classequitycryptocurrency
Regionnorth america
Strategyinverseleveraged
CAGR 1Y-37.7%+94.0%
CAGR 3Y-29.6%+54.9%
CAGR 5Y-22.8%+24.8%
Sharpe 3Y-1.161.13
Volatility 1Y23.88%35.82%
Max drawdown-96.42%-76.82%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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