HWAY vs UBR

Comparison between THEMES US INFRASTRUCTURE ETF (HWAY, ETF) and PROSHARES ULTRA MSCI BRAZIL CAPPED (UBR, ETF).

HWAY vs UBR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HWAY(ETF)	UBR(ETF)
Net Assets	$3.50M	$3.60M
Expense Ratio	0.29%	N/A
Max Drawdown	26.12%	97.17%
Sharpe Ratio	1.26	1.30
5Y Beta	1.02	1.44
P/E Ratio	32.03	N/A
Forward P/E	23.07	N/A
5Y EPS CAGR	17.13%	N/A
Debt to Equity	30.99%	N/A
P/S Ratio	2.63	N/A
P/B Ratio	4.80	N/A

Net Assets

HWAY

$3.50M

Winner

UBR

$3.60M

Expense Ratio

HWAY

0.29%

UBR

N/A

Max Drawdown

Winner

HWAY

26.12%

UBR

97.17%

Sharpe Ratio

HWAY

1.26

Winner

UBR

1.30

5Y Beta

Winner

HWAY

1.02

UBR

1.44

P/E Ratio

HWAY

32.03

UBR

N/A

Forward P/E

HWAY

23.07

UBR

N/A

5Y EPS CAGR

HWAY

17.13%

UBR

N/A

Debt to Equity

HWAY

30.99%

UBR

N/A

P/S Ratio

HWAY

2.63

UBR

N/A

P/B Ratio

HWAY

4.80

UBR

N/A

HWAY vs UBR - Historical Returns

Returns include dividend reinvestment.

Period	HWAY	UBR
1 month	-1.27%	+12.12%
3 months	+4.46%	-19.47%
6 months	+15.32%	-7.77%
1 year	+31.23%	+69.64%
5 years(CAGR)	N/A	-0.94%
10 years(CAGR)	N/A	-4.48%
Max(CAGR)	+26.09%	-12.20%

HWAY

-1.27%

Winner

UBR

+12.12%

Winner

HWAY

+4.46%

UBR

-19.47%

Winner

HWAY

+15.32%

UBR

-7.77%

HWAY

+31.23%

Winner

UBR

+69.64%

5Y(CAGR)

HWAY

N/A

UBR

-0.94%

10Y(CAGR)

HWAY

N/A

UBR

-4.48%

Max(CAGR)

Winner

HWAY

+26.09%

UBR

-12.20%

HWAY vs UBR - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	HWAY	UBR
2026	+21.73%	+18.35%
2025	+20.79%	+92.48%
2024	+3.38%	-55.53%
2023	N/A	+75.72%
2022	N/A	+11.20%
2021	N/A	-37.34%
2020	N/A	-62.23%
2019	N/A	+27.62%
2018	N/A	-22.97%
2017	N/A	+27.12%
2016	N/A	+144.08%
2015	N/A	-68.36%
2014	N/A	-31.37%
2013	N/A	-38.22%
2012	N/A	-12.98%
2011	N/A	-50.15%
2010	N/A	+50.56%

HWAY vs UBR Drawdown Comparison

The maximum drawdown for HWAY was -25.96%, occurring on Apr 8, 2025. Recovery took 164 trading sessions.

The maximum drawdown for UBR was -97.15%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The current HWAY drawdown is -3.65%. The current UBR drawdown is -92.31%.

Rank	HWAY	UBR
#1	-25.96% Nov 25, 2024 - Jul 25, 2025	-97.15% Nov 4, 2010 - Mar 23, 2020
#2	-12.63% Feb 20, 2026 - Apr 23, 2026	-27.78% May 10, 2010 - Jul 30, 2010
#3	-7.42% Jun 25, 2026 - Jul 20, 2026	-15.80% Aug 2, 2010 - Sep 13, 2010
#4	-7.19% May 6, 2026 - Jun 15, 2026	-12.41% Oct 13, 2010 - Nov 4, 2010
#5	-5.78% Oct 29, 2025 - Dec 3, 2025	-4.91% Oct 5, 2010 - Oct 13, 2010
#6	-3.97% Jul 25, 2025 - Aug 13, 2025	-2.72% Sep 13, 2010 - Sep 22, 2010
#7	-3.77% Dec 11, 2025 - Jan 6, 2026	-0.68% Oct 1, 2010 - Oct 5, 2010
#8	-3.51% Nov 6, 2024 - Nov 22, 2024	-0.41% Sep 23, 2010 - Sep 27, 2010
#9	-3.47% Oct 8, 2025 - Oct 21, 2025	N/A
#10	-3.12% Oct 18, 2024 - Nov 6, 2024	N/A
#11	-2.79% Sep 19, 2024 - Oct 11, 2024	N/A
#12	-2.43% Aug 22, 2025 - Sep 22, 2025	N/A
#13	-2.39% Apr 23, 2026 - Apr 30, 2026	N/A
#14	-2.29% Aug 13, 2025 - Aug 22, 2025	N/A
#15	-2.19% Feb 11, 2026 - Feb 20, 2026	N/A