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UPRO vs SDS

ProShares UltraPro S&P500 vs ProShares UltraShort S&P500

UPRO

ProShares UltraPro S&P500

ProShares

Annual cost

0.89%

Fund size

$4.7B

SDS

ProShares UltraShort S&P500

ProShares

Annual cost

0.91%

Fund size

$443M

Key differences

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

Side-by-side comparison

UPROSDS
Annual cost (TER)0.89%0.91%
Fund size (AUM)$4.7B$443M
Since20092006
Dividend yield0.78%5.29%
Asset classcryptocurrencyequity
Regionnorth america
Strategyleveragedinverse
CAGR 1Y+94.0%-37.7%
CAGR 3Y+54.9%-29.6%
CAGR 5Y+24.8%-22.8%
Sharpe 3Y1.13-1.16
Volatility 1Y35.82%23.88%
Max drawdown-76.82%-96.42%

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

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