DRAY vs ULE

Comparison between YIELDMAX(R) DKNG OPTION INCOME STRATEGY ETF (DRAY, ETF) and ProShares Ultra Euro 2x Shares (ULE, ETF).

5-Year PerformanceDRAY has outperformed ULE, delivering a return of +22.7% compared to -3.2%

DRAY vs ULE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DRAY(ETF)	ULE(ETF)
Net Assets	$4.90M	$5M
Expense Ratio	1.03%	N/A
Max Drawdown	71.69%	72.74%
Sharpe Ratio	-1.31	-0.67
5Y Beta	0.56	-0.01

Net Assets

DRAY

$4.90M

Winner

ULE

$5M

Expense Ratio

DRAY

1.03%

ULE

N/A

Max Drawdown

Winner

DRAY

71.69%

ULE

72.74%

Sharpe Ratio

DRAY

-1.31

Winner

ULE

-0.67

5Y Beta

DRAY

0.56

Winner

ULE

-0.01

DRAY vs ULE - Historical Returns

Returns include dividend reinvestment.

Period	DRAY	ULE
1 month	-5.46%	-0.64%
3 months	+12.70%	-5.70%
6 months	-26.18%	-5.37%
1 year	-46.10%	-6.35%
5 years(CAGR)	+22.68%	-3.24%
10 years(CAGR)	N/A	-2.33%
Max(CAGR)	+22.68%	-4.01%

DRAY

-5.46%

Winner

ULE

-0.64%

Winner

DRAY

+12.70%

ULE

-5.70%

DRAY

-26.18%

Winner

ULE

-5.37%

DRAY

-46.10%

Winner

ULE

-6.35%

5Y(CAGR)

Winner

DRAY

+22.68%

ULE

-3.24%

10Y(CAGR)

DRAY

N/A

ULE

-2.33%

Max(CAGR)

Winner

DRAY

+22.68%

ULE

-4.01%

DRAY vs ULE - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	DRAY	ULE
2026	-33.60%	-5.90%
2025	-19.31%	+28.29%
2024	N/A	-9.71%
2023	+0.39%	+7.98%
2022	+4.09%	-14.22%
2021	-2.48%	-15.98%
2020	N/A	+15.45%
2019	N/A	-6.88%
2018	N/A	-14.24%
2017	N/A	+24.45%
2016	N/A	-8.51%
2015	N/A	-20.91%
2014	N/A	-22.69%
2013	N/A	+7.34%
2012	N/A	+0.21%
2011	N/A	-7.08%
2010	N/A	-15.52%
2009	N/A	+3.39%
2008	N/A	+16.33%

DRAY vs ULE Drawdown Comparison

The maximum drawdown for DRAY was -57.86%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for ULE was -72.74%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The current DRAY drawdown is -50.64%. The current ULE drawdown is -63.48%.

Rank	DRAY	ULE
#1	-57.86% Aug 28, 2025 - Mar 27, 2026	-72.74% Nov 25, 2009 - Sep 27, 2022
#2	-5.03% Aug 7, 2025 - Aug 18, 2025	-24.68% Dec 17, 2008 - Sep 9, 2009
#3	-4.85% Aug 26, 2021 - Nov 28, 2022	-5.72% Nov 25, 2008 - Dec 10, 2008
#4	-3.03% Jul 30, 2025 - Aug 7, 2025	-4.46% Oct 22, 2009 - Nov 25, 2009
#5	-2.27% Jul 25, 2025 - Jul 30, 2025	-3.68% Sep 22, 2009 - Oct 13, 2009
#6	-1.29% Aug 18, 2025 - Aug 20, 2025	-0.96% Sep 17, 2009 - Sep 22, 2009
#7	-0.73% Jul 23, 2025 - Jul 25, 2025	-0.37% Oct 15, 2009 - Oct 19, 2009
#8	-0.44% Jul 15, 2025 - Jul 17, 2025	-0.18% Oct 19, 2009 - Oct 21, 2009
#9	-0.28% Jul 17, 2025 - Jul 21, 2025	-0.06% Sep 10, 2009 - Sep 14, 2009
#10	-0.21% Aug 22, 2025 - Aug 26, 2025	N/A
#11	-0.20% Dec 19, 2022 - Dec 28, 2022	N/A
#12	-0.10% Dec 15, 2022 - Dec 19, 2022	N/A
#13	-0.05% Dec 29, 2022 - Jan 5, 2023	N/A
#14	-0.04% Aug 26, 2025 - Aug 28, 2025	N/A