AUGW vs UPRO
AllianzIM US Equity Buffer20 Aug ETF vs ProShares UltraPro S&P 500
Which is better, AUGW or UPRO?
Nearly the same fund. AUGW costs less.
AUGW has a lower expense ratio. UPRO led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AUGW | UPRO |
|---|---|---|
| Expense Ratio | 0.74%Best | 0.88% |
| AUM | $128M | $5.7B |
| Dividend Yield | 0.00% | 0.77% |
| Holdings | 15 | 520 |
| YTD Return | +7.17% | +29.25%Best |
| 1Y Return | +9.50% | +38.25%Best |
| 3Y Return (annualized) | +12.43% | +51.43%Best |
| 5Y Return (annualized) | - | +19.36% |
| Volatility (annualized) | 5.5%Best | 39.6% |
| Max Drawdown | -8.8%Best | -49.1% |
| $10,000 over 3.2 years | $13,941 | $29,377Best |
| Fund Family | AllianzIM | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 31, 2023 | Jun 23, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 1, 2023 to Oct 14, 2026 (3.2 years).
AUGW vs UPRO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
AUGW vs UPRO Performance
AllianzIM US Equity Buffer20 Aug ETF (AUGW) is an ETF from AllianzIM and ProShares UltraPro S&P 500 (UPRO) is an ETF from ProShares. Over the past year AUGW returned +9.50% while UPRO returned +38.25%. Year to date, AUGW is up 7.17% versus a gain of 29.25% for UPRO.
Over three years, AUGW compounded at +12.43% per year against +51.43% for UPRO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPRO has been the more volatile fund, with annualized monthly volatility of 39.6% compared with 5.5% for AUGW. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -8.8% for AUGW and -49.1% for UPRO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AUGW charges 0.74% per year while UPRO charges 0.88%. On a $10,000 position that is $74 vs $88 annually, a gap of $14 per year that compounds over a long holding period. On income, AUGW currently yields 0.00% against 0.77% for UPRO.
You are not choosing between two funds in isolation.
Whichever of AUGW and UPRO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AUGW or UPRO?
AUGW has an expense ratio of 0.74% while UPRO charges 0.88%. AUGW is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, AUGW or UPRO?
Over the past year AUGW returned +9.50% vs +38.25% for UPRO, so UPRO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AUGW or UPRO?
UPRO has been the more volatile fund at 39.6% annualized versus 5.5% for AUGW. Worst drawdown: AUGW -8.8% vs UPRO -49.1%.
Should I hold both AUGW and UPRO?
AUGW and UPRO have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, AUGW or UPRO?
AUGW yields 0.00% while UPRO yields 0.77%, so UPRO currently pays the higher dividend yield.
Is UPRO better than AUGW?
AUGW has a lower expense ratio. UPRO led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.