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SSO vs SH

ProShares Ultra S&P500 vs ProShares Short S&P500

SSO

ProShares Ultra S&P500

ProShares

Annual cost

0.87%

Fund size

$7.3B

SH

ProShares Short S&P500

ProShares

Annual cost

0.89%

Fund size

$1.2B

Key differences

  • SSO is significantly larger than SH — larger funds tend to be more liquid and less likely to close.
  • SSO follows a leveraged strategy; SH uses inverse.
  • Over the last 3 years, SSO has delivered higher annualized returns.

Side-by-side comparison

SSOSH
Annual cost (TER)0.87%0.89%
Fund size (AUM)$7.3B$1.2B
Since20062006
Dividend yield0.68%4.32%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y+60.1%-19.2%
CAGR 3Y+39.1%-13.5%
CAGR 5Y+20.7%-9.5%
Sharpe 3Y1.15-1.15
Volatility 1Y23.92%11.96%
Max drawdown-59.34%-75.87%

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

Similar to SSO and SH