Find Comparable ETFs for ProShares Ultra S&P500
ProShares Ultra S&P500
SSO - PCXProShares Ultra SmallCap600
SAA - PCX
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 78%
R-squared: 60%
This indicates a strong positive relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 5
- SAA in SSO's comparables: No
- SSO in SAA's comparables: Yes
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- SAA Beta: 2.28 (Very High)
- SSO Beta: 2.03 (Very High)
- SAA 200-day Volatility: 38.12%
- SSO 200-day Volatility: 23.45%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- SAA Price vs 200-day MA: 93%
- SSO Price vs 200-day MA: 105%
Performance Comparison:
| Period | SAA | SSO |
|---|---|---|
| Year_1 | 7% | 34% |
| Year_3 | -6% | 8% |
| Year_5 | 6% | 20% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Leveraged Equities vs Leveraged Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- SAA Dividend Yield: 1%
- SSO Dividend Yield: 1%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
ProShares UltraPro QQQ
TQQQ - NGMThis ETF targets the Nasdaq-100 Index with three times leverage, appealing to investors looking for amplified exposure to technology stocks, paralleling SSO’s leveraged approach.
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 94%
R-squared: 88%
This indicates a strong positive relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 7
- SSO in TQQQ's comparables: No
- TQQQ in SSO's comparables: Yes
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- SSO Beta: 2.03 (Very High)
- TQQQ Beta: 3.45 (Very High)
- SSO 200-day Volatility: 23.45%
- TQQQ 200-day Volatility: 52.81%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- SSO Price vs 200-day MA: 105%
- TQQQ Price vs 200-day MA: 100%
Performance Comparison:
| Period | SSO | TQQQ |
|---|---|---|
| Year_1 | 34% | 43% |
| Year_3 | 8% | -3% |
| Year_5 | 20% | 30% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs NGM
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Leveraged Equities vs Leveraged Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- SSO Dividend Yield: 1%
- TQQQ Dividend Yield: 1%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
Direxion Daily Small Cap Bull 3X Shares
TNA - PCXThis ETF seeks to provide 2X the daily performance of the S&P 500, making it a leveraged option for those looking to capitalize on market movements similar to TNA's focus on small-cap stocks.
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 82%
R-squared: 67%
This indicates a strong positive relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 4
- SSO in TNA's comparables: Yes
- TNA in SSO's comparables: No
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- SSO Beta: 2.03 (Very High)
- TNA Beta: 3.41 (Very High)
- SSO 200-day Volatility: 23.45%
- TNA 200-day Volatility: 59.41%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- SSO Price vs 200-day MA: 105%
- TNA Price vs 200-day MA: 77%
Performance Comparison:
| Period | SSO | TNA |
|---|---|---|
| Year_1 | 34% | 0% |
| Year_3 | 8% | -23% |
| Year_5 | 20% | -8% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Leveraged Equities vs Leveraged Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- SSO Dividend Yield: 1%
- TNA Dividend Yield: 1%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
Direxion Daily Financial Bull 3X Shares
FAS - PCXThis leveraged ETF focuses on the financial sector, aiming for three times the daily return of the Russell 1000 Financial Services Index, thus providing an alternative high-risk, high-reward investment similar to SSO.
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 64%
R-squared: 41%
This indicates a moderate positive relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 2
- FAS in SSO's comparables: Yes
- SSO in FAS's comparables: No
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- FAS Beta: 3.10 (Very High)
- SSO Beta: 2.03 (Very High)
- FAS 200-day Volatility: 37.77%
- SSO 200-day Volatility: 23.45%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- FAS Price vs 200-day MA: 134%
- SSO Price vs 200-day MA: 105%
Performance Comparison:
| Period | FAS | SSO |
|---|---|---|
| Year_1 | 53% | 34% |
| Year_3 | 1% | 8% |
| Year_5 | 8% | 20% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Leveraged Equities vs Leveraged Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- FAS Dividend Yield: 1%
- SSO Dividend Yield: 1%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
First Trust S-Network Future Vehicles & Technology ETF
CARZ - NGM
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 72%
R-squared: 52%
This indicates a strong positive relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 0
- CARZ in SSO's comparables: No
- SSO in CARZ's comparables: No
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- CARZ Beta: 1.27 (High)
- SSO Beta: 2.03 (Very High)
- CARZ 200-day Volatility: 24.73%
- SSO 200-day Volatility: 23.45%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- CARZ Price vs 200-day MA: 99%
- SSO Price vs 200-day MA: 105%
Performance Comparison:
| Period | CARZ | SSO |
|---|---|---|
| Year_1 | -6% | 34% |
| Year_3 | -3% | 8% |
| Year_5 | 13% | 20% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: NGM vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Consumer Discretionary Equities vs Leveraged Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- CARZ Dividend Yield: 1%
- SSO Dividend Yield: 1%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
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