ProShares UltraPro Information Ratio
| SDOW ETF | | | USD 28.66 0.53 1.88% |
The Information Ratio measures excess return (alpha) per unit of tracking error relative to a benchmark. Unlike the Sharpe Ratio, which uses total volatility, the Information Ratio isolates only the variability of the alpha component — the return attributable to active decisions rather than passive market exposure. Below is ProShares UltraPro's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
At
-0.03, ProShares UltraPro exhibits slight underperformance relative to the benchmark on a risk-adjusted basis in Information Ratio. The negative value indicates ProShares UltraPro has not kept pace with its benchmark after accounting for tracking error.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | -0.03 | |
Information Ratio Peers Comparison
The peer group averages 0.01 for Information Ratio, with ProShares UltraPro at -0.0327 falling below that level. Readings span -0.2934 (First Trust Ultra) to 0.097 (Direxion Daily Energy). ProShares UltraPro's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for ProShares UltraPro and its peers. Each point represents one equity — position along the horizontal axis shows Information Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare ProShares UltraPro to PeersMethodology, Assumptions & Data Sources
ProShares UltraPro's Information Ratio currently stands at -0.03. The Information Ratio for ProShares UltraPro is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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