ProShares Ultra SmallCap600 (SAA): Historical Returns

Data Source: from February 2007 to April 2024 (~17 years)
Consolidated Returns as of 30 April 2024
Live Update: May 23 2024, 09:54AM Eastern Time
Category: Stocks
ProShares Ultra SmallCap600 (SAA) ETF
Currency: USD
ETF • LIVE PERFORMANCE (USD currency)
1.69%
1 Day
May 23 2024, 09:54AM Eastern Time
6.67%
Current Month
May 2024

In the last 10 Years, the ProShares Ultra SmallCap600 (SAA) ETF obtained a 8.72% compound annual return, with a 41.32% standard deviation.

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The ETF is related to the following investment themes:

  • Leveraged: 2x
  • Asset Class: Equity
  • Size: Multi Cap
  • Style: Blend
  • Region: North America
  • Country: U.S.

The ProShares Ultra SmallCap600 (SAA) ETF is part of the following Lazy Portfolios:

Portfolio Name Author SAA Weight Currency
Golden Butterfly 2x Leveraged 20.00% USD

Investment Returns as of Apr 30, 2024

The ProShares Ultra SmallCap600 (SAA) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
PROSHARES ULTRA SMALLCAP600 (SAA) ETF
Consolidated returns as of 30 April 2024
Live Update: May 23 2024, 09:54AM Eastern Time
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Apr 30, 2024
  1 Day Time ET(*) May 2024 1M 6M 1Y 5Y 10Y MAX
(~17Y)
ProShares Ultra SmallCap600 (SAA) ETF -1.69 6.67 -11.12 32.74 14.73 2.42 8.72 7.28
US Inflation Adjusted return -11.39 30.33 11.00 -1.69 5.71 4.63
Returns over 1 year are annualized | Available data source: since Feb 2007
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Apr 2024. Current inflation (annualized) is 1Y: 3.36% , 5Y: 4.18% , 10Y: 2.85%

In 2023, the ProShares Ultra SmallCap600 (SAA) ETF granted a 1.05% dividend yield. If you are interested in getting periodic income, please refer to the ProShares Ultra SmallCap600 (SAA) ETF: Dividend Yield page.

Capital Growth as of Apr 30, 2024

An investment of 1$, since May 2014, now would be worth 2.31$, with a total return of 130.69% (8.72% annualized).

The Inflation Adjusted Capital now would be 1.74$, with a net total return of 74.17% (5.71% annualized).
An investment of 1$, since February 2007, now would be worth 3.36$, with a total return of 236.00% (7.28% annualized).

The Inflation Adjusted Capital now would be 2.18$, with a net total return of 118.24% (4.63% annualized).

Investment Metrics as of Apr 30, 2024

Metrics of ProShares Ultra SmallCap600 (SAA) ETF, updated as of 30 April 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
PROSHARES ULTRA SMALLCAP600 (SAA) ETF
Advanced Metrics
Data Source: 1 February 2007 - 30 April 2024 (~17 years)
Swipe left to see all data
Metrics as of Apr 30, 2024
1M 3M 6M 1Y 3Y 5Y 10Y MAX
(~17Y)
Investment Return (%) -11.12 -0.49 32.74 14.73 -9.20 2.42 8.72 7.28
Infl. Adjusted Return (%) details -11.39 -1.61 30.33 11.00 -13.93 -1.69 5.71 4.63
US Inflation (%) 0.31 1.14 1.85 3.36 5.50 4.18 2.85 2.53
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Deepest Drawdown Depth (%) -29.49 -47.12 -59.86 -66.95 -83.50
Start to Recovery (# months) details 5 28* 13 30 74
Start (yyyy mm) 2023 08 2022 01 2020 01 2018 09 2007 06
Start to Bottom (# months) 3 22 3 19 21
Bottom (yyyy mm) 2023 10 2023 10 2020 03 2020 03 2009 02
Bottom to End (# months) 2 6 10 11 53
End (yyyy mm) 2023 12 - 2021 01 2021 02 2013 07
Longest Drawdown Depth (%)
same as
deepest

same as
deepest
-47.12
same as
deepest

same as
deepest
Start to Recovery (# months) details 28*
Start (yyyy mm) 2023 08 2022 01 2022 01 2018 09 2007 06
Start to Bottom (# months) 3 22 22 19 21
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2020 03 2009 02
Bottom to End (# months) 2 6 6 11 53
End (yyyy mm) 2023 12 - - 2021 02 2013 07
Longest negative period (# months) details 9* 36* 55 73 77
Period Start (yyyy mm) 2023 08 2021 05 2019 05 2017 10 2013 11
Period End (yyyy mm) 2024 04 2024 04 2023 11 2023 10 2020 03
Annualized Return (%) -8.45 -9.20 -0.32 -1.12 -1.09
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -30.16 -52.52 -59.79 -67.78 -83.96
Start to Recovery (# months) details 5 35* 13 30 76
Start (yyyy mm) 2023 08 2021 06 2020 01 2018 09 2007 06
Start to Bottom (# months) 3 29 3 19 21
Bottom (yyyy mm) 2023 10 2023 10 2020 03 2020 03 2009 02
Bottom to End (# months) 2 6 10 11 55
End (yyyy mm) 2023 12 - 2021 01 2021 02 2013 09
Longest Drawdown Depth (%)
same as
deepest

same as
deepest
-52.52 -52.52
same as
deepest
Start to Recovery (# months) details 35* 35*
Start (yyyy mm) 2023 08 2021 06 2021 06 2021 06 2007 06
Start to Bottom (# months) 3 29 29 29 21
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 02
Bottom to End (# months) 2 6 6 6 55
End (yyyy mm) 2023 12 - - - 2013 09
Longest negative period (# months) details 9* 36* 60* 83 155
Period Start (yyyy mm) 2023 08 2021 05 2019 05 2016 12 2007 05
Period End (yyyy mm) 2024 04 2024 04 2024 04 2023 10 2020 03
Annualized Return (%) -11.78 -13.93 -1.69 -1.60 -0.11
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y MAX
Standard Deviation (%) 43.78 41.68 48.02 41.32 41.67
Sharpe Ratio 0.22 -0.28 0.01 0.18 0.08
Sortino Ratio 0.33 -0.44 0.01 0.25 0.11
Ulcer Index 12.10 26.91 27.13 23.97 33.53
Ratio: Return / Standard Deviation 0.34 -0.22 0.05 0.21 0.17
Ratio: Return / Deepest Drawdown 0.50 -0.20 0.04 0.13 0.09
% Positive Months details 50% 47% 58% 60% 60%
Positive Months 6 17 35 73 125
Negative Months 6 19 25 47 82
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Best 10 Years Return (%) - Annualized 8.72 31.92
Worst 10 Years Return (%) - Annualized 6.23
Best 10 Years Return (%) - Annualized 5.71 29.63
Worst 10 Years Return (%) - Annualized 3.35
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Over the latest 10Y
Best Rolling Return (%) - Annualized 236.57 36.97 24.36 8.72
Worst Rolling Return (%) - Annualized -53.56 -18.54 -6.22
% Positive Periods 56% 81% 81% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 61.83 22.13 14.12 15.24
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 6.49
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 227.98 34.26 21.78 5.71
Worst Rolling Return (%) - Annualized -54.25 -20.07 -8.43
% Positive Periods 54% 77% 68% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 61.83 22.13 14.12 15.24
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 6.49
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Feb 2007 - Apr 2024)
Best Rolling Return (%) - Annualized 236.57 56.47 52.38 31.92
Worst Rolling Return (%) - Annualized -74.17 -26.89 -10.74 6.23
% Positive Periods 60% 80% 84% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 40.08 13.27 8.63 6.07
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 2.53
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 227.98 52.82 49.30 29.63
Worst Rolling Return (%) - Annualized -74.17 -28.02 -12.52 3.35
% Positive Periods 58% 77% 79% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 40.08 13.27 8.63 6.07
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 2.53
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Apr 30, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of ProShares Ultra SmallCap600 (SAA) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

PROSHARES ULTRA SMALLCAP600 (SAA) ETF
Monthly correlations as of 30 April 2024
Swipe left to see all data
Correlation vs SAA
Asset Class 1 Year 5 Years 10 Years Since
Feb 2007
VTI
US Total Stock Market
0.88
0.89
0.87
0.91
SPY
US Large Cap
0.86
0.87
0.84
0.88
IJR
US Small Cap
1.00
1.00
0.99
0.99
VNQ
US REITs
0.94
0.81
0.70
0.75
QQQ
US Technology
0.75
0.73
0.69
0.76
PFF
Preferred Stocks
0.72
0.74
0.64
0.53
EFA
EAFE Stocks
0.90
0.85
0.76
0.78
VT
World All Countries
0.91
0.90
0.85
0.86
EEM
Emerging Markets
0.83
0.74
0.61
0.69
VGK
Europe
0.88
0.85
0.74
0.77
VPL
Pacific
0.94
0.84
0.74
0.75
FLLA
Latin America
0.88
0.75
0.53
0.61
BND
US Total Bond Market
0.79
0.41
0.25
0.15
TLT
Long Term Treasuries
0.85
0.07
-0.04
-0.19
BIL
US Cash
0.11
-0.15
-0.12
-0.12
TIP
TIPS
0.75
0.49
0.35
0.22
LQD
Invest. Grade Bonds
0.81
0.57
0.45
0.35
HYG
High Yield Bonds
0.86
0.81
0.75
0.72
CWB
US Convertible Bonds
0.96
0.86
0.81
0.82
BNDX
International Bonds
0.76
0.46
0.31
0.23
EMB
Emerg. Market Bonds
0.93
0.70
0.55
0.52
GLD
Gold
0.09
0.08
-0.03
0.00
DBC
Commodities
0.04
0.54
0.46
0.48

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

PROSHARES ULTRA SMALLCAP600 (SAA) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 May 2014 - 30 April 2024 (10 Years)
Data Source: 1 February 2007 - 30 April 2024 (~17 years)
Inflation Adjusted:
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Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

PROSHARES ULTRA SMALLCAP600 (SAA) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 May 2014 - 30 April 2024 (10 Years)
Data Source: 1 February 2007 - 30 April 2024 (~17 years)
Inflation Adjusted:

If you need a deeper detail about rolling returns, please refer to the ProShares Ultra SmallCap600 (SAA) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in ProShares Ultra SmallCap600 (SAA) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
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Monthly Returns

This section provides a visual/tabular representation of the performance variability in the ProShares Ultra SmallCap600 (SAA) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

PROSHARES ULTRA SMALLCAP600 (SAA) ETF
Monthly Returns Distribution
Data Source: 1 May 2014 - 30 April 2024 (10 Years)
Data Source: 1 February 2007 - 30 April 2024 (~17 years)
73 Positive Months (61%) - 47 Negative Months (39%)
125 Positive Months (60%) - 82 Negative Months (40%)
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(Scroll down to see all data)
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