DYLG vs SSO

DYLG vs SSO

Which is better, DYLG or SSO?

SSO has been ahead.

DYLG has a lower expense ratio. SSO led over 1Y, 3Y and the full window.

Lower Fees: DYLGHigher Returns: SSO

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

MetricDYLGSSO
Expense Ratio0.35%Best0.84%
AUM$5M$9.2B
Dividend Yield9.33%0.69%
Holdings66521
YTD Return+7.96%+21.98%Best
1Y Return+13.55%+28.56%Best
3Y Return (annualized)+14.15%+37.60%Best
5Y Return (annualized)-+17.88%
Volatility (annualized)9.4%Best25.8%
Max Drawdown-14.2%Best-35.2%
$10,000 over 3.2 years$14,429$23,440Best
Fund FamilyGlobal X by mirae AssetProShares
CategoryAlternativeAlternative
StyleMulti AlternativeMulti Alternative
InceptionJul 25, 2023Jun 19, 2006

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: Jul 26, 2023 to Oct 14, 2026 (3.2 years).

DYLG vs SSO 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.

Compare DYLG against instead:DYLG vs SPYDYLG vs QQQDYLG vs VOODYLG vs VTISSO against:SSO vs VXUS

DYLG vs SSO Performance

Global X Dow 30 Covered Call & Growth ETF (DYLG) is an ETF from Global X by mirae Asset and ProShares Ultra S&P500 (SSO) is an ETF from ProShares. Over the past year DYLG returned +13.55% while SSO returned +28.56%. Year to date, DYLG is up 7.96% versus a gain of 21.98% for SSO.

Over three years, DYLG compounded at +14.15% per year against +37.60% for SSO.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SSO has been the more volatile fund, with annualized monthly volatility of 25.8% compared with 9.4% for DYLG. 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 -14.2% for DYLG and -35.2% for SSO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

DYLG charges 0.35% per year while SSO charges 0.84%. On a $10,000 position that is $35 vs $84 annually, a gap of $49 per year that compounds over a long holding period. On income, DYLG currently yields 9.33% against 0.69% for SSO.

Holdings Overlap

DYLG already in SSO100.0%

At least 100.0% of DYLG's money is in holdings SSO also owns.

Stated as a floor: for SSO, our book for it covers 82.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

Most of DYLG is already inside SSO. Owning both mostly buys the same companies twice.

30 positions in common, counted across the 30 positions we hold weights for in DYLG and 504 in SSO, against full books of 66 and 521.

Top Shared Holdings

StockWeight in DYLGWeight in SSODifference
GSGoldman Sachs Group Inc/The10.49%0.27%10.22%
CATCaterpillar, Inc.9.83%0.39%9.44%
MSFTMicrosoft Corp6.02%3.89%2.13%
AAPLApple, Inc3.88%4.93%1.05%
NVDANvidia Corp2.72%5.73%3.01%
GOOGLAlphabet Inc3.99%2.04%1.95%
AMZNAmazon.Com Inc2.92%2.50%0.42%
AMGNAmgen Inc.4.68%0.22%4.46%
VVisa Inc Class A4.19%0.62%3.57%
JPMJpmorgan Chase3.86%0.89%2.97%

100.0% of DYLG is already inside SSO.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

DYLGSSO

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Frequently Asked Questions

Which is cheaper, DYLG or SSO?

DYLG has an expense ratio of 0.35% while SSO charges 0.84%. DYLG is the cheaper option, by $49 a year on a $10,000 investment.

Which performed better, DYLG or SSO?

Over the past year DYLG returned +13.55% vs +28.56% for SSO, so SSO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DYLG or SSO?

SSO has been the more volatile fund at 25.8% annualized versus 9.4% for DYLG. Worst drawdown: DYLG -14.2% vs SSO -35.2%.

Should I hold both DYLG and SSO?

DYLG and SSO have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between DYLG and SSO?

At least 100.0% of DYLG's money is in holdings SSO also owns. Our book for SSO is partial, so the real figure is this or higher. They hold 30 positions in common, counted across the 30 positions we hold weights for in DYLG and 504 in SSO.

Which pays a higher dividend, DYLG or SSO?

DYLG yields 9.33% while SSO yields 0.69%, so DYLG currently pays the higher dividend yield.

Is SSO better than DYLG?

DYLG has a lower expense ratio. SSO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.