SEF vs SKF
ProShares Short Financials vs ProShares UltraShort Financials
Which is better, SEF or SKF?
SEF has been ahead.
SEF led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99.
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 | SEF | SKF |
|---|---|---|
| Expense Ratio | 0.95%Tie | 0.95%Tie |
| AUM | $17M | $10M |
| Dividend Yield | 2.88% | 3.48% |
| Holdings | 9 | 9 |
| YTD Return | +2.88%Best | +2.04% |
| 1Y Return | +0.57%Best | -3.85% |
| 3Y Return (annualized) | -12.34%Best | -27.27% |
| 5Y Return (annualized) | -5.86%Best | -16.24% |
| Volatility (annualized) | 19.7%Best | 37.7% |
| Max Drawdown | -96.7% | - |
| $10,000 over 5 years | $7,394Best | $4,123 |
| Fund Family | ProShares | ProShares |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Jun 10, 2008 | Jan 30, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 12, 2008 to Oct 14, 2026 (18.3 years).
SEF vs SKF 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 18.3 years both funds cover.
SEF vs SKF Performance
ProShares Short Financials (SEF) is an ETF from ProShares and ProShares UltraShort Financials (SKF) is an ETF from ProShares. Over the past year SEF returned +0.57% while SKF returned -3.85%. Year to date, SEF is up 2.88% versus a gain of 2.04% for SKF.
Over three years, SEF compounded at -12.34% per year against -27.27% for SKF; over five years the annualized figures are -5.86% and -16.24% respectively. Across the full 18-year window we track, SEF has the edge at -14.04% annualized vs -31.76%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SKF has been the more volatile fund, with annualized monthly volatility of 37.7% compared with 19.7% for SEF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SEF charges 0.95% per year while SKF charges 0.95%. On a $10,000 position that is $95 vs $95 annually. On income, SEF currently yields 2.88% against 3.48% for SKF.
Holdings Overlap
We hold position weights for 1 holding in SEF and 1 in SKF, totalling 74.3% and 77.6% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1 positions we hold weights for in SEF and 1 in SKF, against full books of 9 and 9.
Top Shared Holdings
| Stock | Weight in SEF | Weight in SKF | Difference |
|---|---|---|---|
| IQMMProshares Genius Mny Mkt Etf | 74.28% | 77.62% | 3.34% |
You are not choosing between two funds in isolation.
Whichever of SEF and SKF 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, SEF or SKF?
SEF has an expense ratio of 0.95% while SKF charges 0.95%. At the precision these are quoted to, they cost the same.
Which performed better, SEF or SKF?
Over the past year SEF returned +0.57% vs -3.85% for SKF, so SEF leads on 1-year performance. Over the longest common window we track (18 years), SEF annualized -14.04% vs -31.76% for SKF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SEF or SKF?
SKF has been the more volatile fund at 37.7% annualized versus 19.7% for SEF.
Should I hold both SEF and SKF?
SEF and SKF have a monthly-return correlation of 0.99, 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, SEF or SKF?
SEF yields 2.88% while SKF yields 3.48%, so SKF currently pays the higher dividend yield.
Is SKF better than SEF?
SEF led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.