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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 ProShares Ultra Real Estate  vs   ProShares Ultra MSCI EAFE
 Compare Fundamentals  
Daily Returns (%)
EFO   URE   
 
Considering 30-days investment horizon, ProShares is expected to generate 2.65 times less return on investment than ProShares. In addition to that, ProShares is 1.25 times more volatile than ProShares Ultra MSCI EAFE. It trades about 0.12 of its total potential returns per unit of risk. ProShares Ultra MSCI EAFE is currently generating about 0.39 per unit of volatility. If you would invest  8,978  in ProShares Ultra MSCI EAFE on April 23, 2013 and sell it today you would earn a total of  561  from holding ProShares Ultra MSCI EAFE or generate 6.25% return on investment over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding ProShares Ultra Real Estate and ProShares Ultra MSCI EAFE in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.16
Parameters
Time Period1 Month [change]
DirectionPositive EFO Moved Up vs URE
StrengthInsignificant
Accuracy86.36%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
EFO   URE   

ProShares Ultra Real Estate

 
    
ProShares
Performance
6
Out Of
100
Over 30
Days
94% of all equities and portfolios perform better than ProShares Ultra Real Estate. Compared with the overall equity markets, risk-adjusted returns on investments in ProShares Ultra Real Estate are ranked lower than 6 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for ProShares

ProShares Ultra S P500 vs. ProShares Ultra Real Estate
ProShares Ultra Russell2000 vs. ProShares Ultra Real Estate
ProShares Ultra Financials vs. ProShares Ultra Real Estate
ProShares Ultra QQQ vs. ProShares Ultra Real Estate
Direxion Daily Gold Miners Bull 3X Shrs vs. ProShares Ultra Real Estate
ProShares UltraPro S P500 vs. ProShares Ultra Real Estate
Direxion Daily Emrg Mkts Bull 3X Shares vs. ProShares Ultra Real Estate
ProShares Ultra Dow30 vs. ProShares Ultra Real Estate
Direxion Daily S P500 Bull 3X Shares vs. ProShares Ultra Real Estate
  

ProShares Ultra MSCI EAFE

 
    
ProShares
Performance
21
Out Of
100
Over 30
Days
79% of all equities and portfolios perform better than ProShares Ultra MSCI EAFE. Compared with the overall equity markets, risk-adjusted returns on investments in ProShares Ultra MSCI EAFE are ranked lower than 21 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for ProShares

ProShares Ultra S P500 vs. ProShares Ultra MSCI EAFE
ProShares Ultra Russell2000 vs. ProShares Ultra MSCI EAFE
ProShares Ultra Financials vs. ProShares Ultra MSCI EAFE
ProShares Ultra QQQ vs. ProShares Ultra MSCI EAFE
Direxion Daily Gold Miners Bull 3X Shrs vs. ProShares Ultra MSCI EAFE
ProShares Ultra Real Estate vs. ProShares Ultra MSCI EAFE
ProShares UltraPro S P500 vs. ProShares Ultra MSCI EAFE
Direxion Daily Emrg Mkts Bull 3X Shares vs. ProShares Ultra MSCI EAFE
ProShares Ultra Dow30 vs. ProShares Ultra MSCI EAFE
Direxion Daily S P500 Bull 3X Shares vs. ProShares Ultra MSCI EAFE


 
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