ProShares Short Sortino Ratio
| SEF ETF | | | USD 32.34 0.00 0.00% |
The Sortino Ratio measures risk-adjusted return using only downside deviation rather than total volatility. Unlike the Sharpe Ratio, which penalizes both upside and downside volatility equally, the Sortino Ratio penalizes only returns below a target threshold, making it a more targeted measure of harmful volatility. Below is ProShares Short's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
ProShares Short's Sortino Ratio of 0.0667 reflects its current reading on this measure. This reflects ProShares Short's positioning relative to its own recent range within ETF.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.0667 | |
| ER[a] | = | Expected return on investing in ProShares Short |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
The peer group averages 0.05 for Sortino Ratio, with ProShares Short at 0.0667 falling above that level. Readings span 0.0105 (ProShares Ultra Consumer) to 0.1126 (Leverage Shares 2X). ProShares Short's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Sortino Ratio Relative To Other Indicators
The chart below plots Sortino Ratio against Maximum Drawdown for ProShares Short and its peers. Each point represents one equity — position along the horizontal axis shows Sortino 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.
ProShares Short records a Sortino Ratio of
0.07 and a Maximum Drawdown of
5.94 , yielding roughly
89.07 units of Maximum Drawdown per Sortino Ratio. This indicates Maximum Drawdown substantially exceeds Sortino Ratio for ProShares Short.
Methodology, Assumptions & Data Sources
The current Sortino Ratio for ProShares Short is 0.0667. ProShares Short's Sortino Ratio is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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