PSFO vs UPRO
Pacer Swan SOS Flex October ETF vs ProShares UltraPro S&P 500
Which is better, PSFO or UPRO?
UPRO has been ahead.
PSFO has a lower expense ratio. UPRO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93.
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 | PSFO | UPRO |
|---|---|---|
| Expense Ratio | 0.49%Best | 0.88% |
| AUM | $46M | $5.7B |
| Dividend Yield | 0.00% | 0.77% |
| Holdings | 13 | 520 |
| YTD Return | +11.43% | +29.25%Best |
| 1Y Return | +14.38% | +38.25%Best |
| 3Y Return (annualized) | +13.95% | +51.43%Best |
| 5Y Return (annualized) | +11.56% | +19.36%Best |
| Volatility (annualized) | 8.4%Best | 46.7% |
| Max Drawdown | -12.1%Best | -64.0% |
| $10,000 over 5 years | $17,280 | $24,227Best |
| Fund Family | Pacer ETFs | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 30, 2021 | Jun 23, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2021 to Oct 14, 2026 (5 years).
PSFO 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 5 years both funds cover.
PSFO vs UPRO Performance
Pacer Swan SOS Flex October ETF (PSFO) is an ETF from Pacer ETFs and ProShares UltraPro S&P 500 (UPRO) is an ETF from ProShares. Over the past year PSFO returned +14.38% while UPRO returned +38.25%. Year to date, PSFO is up 11.43% versus a gain of 29.25% for UPRO.
Over three years, PSFO compounded at +13.95% per year against +51.43% for UPRO; over five years the annualized figures are +11.56% and +19.36% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPRO has been the more volatile fund, with annualized monthly volatility of 46.7% compared with 8.4% for PSFO. 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 -12.1% for PSFO and -64.0% 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PSFO charges 0.49% per year while UPRO charges 0.88%. On a $10,000 position that is $49 vs $88 annually, a gap of $39 per year that compounds over a long holding period. On income, PSFO currently yields 0.00% against 0.77% for UPRO.
Holdings Overlap
We hold position weights for 4 holdings in PSFO and 502 in UPRO, totalling 99.6% and 72.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 4 positions we hold weights for in PSFO and 502 in UPRO, against full books of 13 and 520.
You are not choosing between two funds in isolation.
Whichever of PSFO 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, PSFO or UPRO?
PSFO has an expense ratio of 0.49% while UPRO charges 0.88%. PSFO is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, PSFO or UPRO?
Over the past year PSFO returned +14.38% 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, PSFO or UPRO?
UPRO has been the more volatile fund at 46.7% annualized versus 8.4% for PSFO. Worst drawdown: PSFO -12.1% vs UPRO -64.0%.
Should I hold both PSFO and UPRO?
PSFO and UPRO have a monthly-return correlation of 0.93, 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, PSFO or UPRO?
PSFO yields 0.00% while UPRO yields 0.77%, so UPRO currently pays the higher dividend yield.
Is UPRO better than PSFO?
PSFO has a lower expense ratio. UPRO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.