RWM vs UDN

Comparison between PROSHARES SHORT RUSSELL2000 (RWM, ETF) and Invesco DB US Dollar Index Bearish Fund -1x Shares (UDN, ETF).

5-Year PerformanceUDN has outperformed RWM, delivering a return of -0.4% compared to -6.1%

RWM vs UDN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RWM(ETF)	UDN(ETF)
Net Assets	$113M	$113M
Expense Ratio	0.95%	N/A
Max Drawdown	97.26%	44.56%
Sharpe Ratio	-1.51	-0.79
5Y Beta	-1.10	-0.00
5Y Dividends CAGR	N/A	38.18%

Net Assets

RWM

$113M

UDN

$113M

Expense Ratio

RWM

0.95%

UDN

N/A

Max Drawdown

RWM

97.26%

Winner

UDN

44.56%

Sharpe Ratio

RWM

-1.51

Winner

UDN

-0.79

5Y Beta

Winner

RWM

-1.10

UDN

-0.00

5Y Dividends CAGR

RWM

N/A

UDN

38.18%

RWM vs UDN - Historical Returns

Returns include dividend reinvestment.

Period	RWM	UDN
1 month	+0.89%	+0.00%
3 months	-7.02%	-2.19%
6 months	-9.12%	-1.60%
1 year	-24.05%	-1.77%
5 years(CAGR)	-6.05%	-0.43%
10 years(CAGR)	-11.72%	-0.29%
Max(CAGR)	-12.15%	-0.79%

Winner

RWM

+0.89%

UDN

+0.00%

RWM

-7.02%

Winner

UDN

-2.19%

RWM

-9.12%

Winner

UDN

-1.60%

RWM

-24.05%

Winner

UDN

-1.77%

5Y(CAGR)

RWM

-6.05%

Winner

UDN

-0.43%

10Y(CAGR)

RWM

-11.72%

Winner

UDN

-0.29%

Max(CAGR)

RWM

-12.15%

Winner

UDN

-0.79%

RWM vs UDN - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	RWM	UDN
2026	-15.51%	-1.92%
2025	-9.27%	+13.17%
2024	-6.49%	-3.79%
2023	-10.99%	+5.97%
2022	+19.82%	-7.36%
2021	-19.11%	-7.03%
2020	-31.06%	+6.61%
2019	-19.44%	-0.26%
2018	+12.68%	-5.53%
2017	-13.13%	+10.51%
2016	-22.95%	-4.35%
2015	+0.05%	-9.04%
2014	-9.33%	-11.71%
2013	-28.41%	-0.44%
2012	-16.54%	+0.44%
2011	-6.11%	-0.52%
2010	-25.42%	-2.27%
2009	-31.44%	+6.00%
2008	+22.38%	-5.24%
2007	+4.98%	+11.41%

RWM vs UDN Drawdown Comparison

The maximum drawdown for RWM was -95.61%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for UDN was -41.68%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The current RWM drawdown is -95.54%. The current UDN drawdown is -28.76%.

Rank	RWM	UDN
#1	-95.61% Mar 9, 2009 - Jun 30, 2026	-41.68% Mar 17, 2008 - Sep 27, 2022
#2	-29.50% Nov 20, 2008 - Mar 9, 2009	-3.75% Nov 26, 2007 - Jan 30, 2008
#3	-18.20% Oct 27, 2008 - Nov 19, 2008	-2.48% Jan 30, 2008 - Feb 26, 2008
#4	-17.33% Mar 10, 2008 - Oct 6, 2008	-1.77% Jul 24, 2007 - Sep 6, 2007
#5	-13.39% Oct 9, 2008 - Oct 24, 2008	-1.54% Apr 30, 2007 - Jun 29, 2007
#6	-10.96% Aug 15, 2007 - Nov 19, 2007	-1.31% Sep 28, 2007 - Oct 18, 2007
#7	-9.82% Mar 5, 2007 - Jul 27, 2007	-1.06% Nov 8, 2007 - Nov 21, 2007
#8	-8.16% Jan 22, 2008 - Mar 6, 2008	-0.80% Oct 19, 2007 - Oct 25, 2007
#9	-7.95% Nov 26, 2007 - Jan 4, 2008	-0.62% Mar 10, 2008 - Mar 12, 2008
#10	-5.46% Jan 26, 2007 - Mar 2, 2007	-0.60% Mar 1, 2007 - Mar 13, 2007
#11	-4.86% Aug 3, 2007 - Aug 15, 2007	-0.55% Mar 21, 2007 - Apr 2, 2007
#12	-2.22% Jan 8, 2008 - Jan 11, 2008	-0.50% Oct 31, 2007 - Nov 6, 2007
#13	-1.96% Nov 21, 2007 - Nov 26, 2007	-0.39% Apr 2, 2007 - Apr 5, 2007
#14	-1.63% Jul 27, 2007 - Aug 3, 2007	-0.39% Apr 25, 2007 - Apr 30, 2007
#15	-1.38% Jan 11, 2008 - Jan 15, 2008	-0.38% Apr 5, 2007 - Apr 10, 2007

Correlation

Correlation between RWM and UDN is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2007 - 2026)

RWM vs UDN dividend yield comparison.

Year	RWM	UDN
2026	1.51%	0.00%
2025	3.97%	2.94%
2024	6.03%	5.33%
2023	4.78%	5.21%
2022	0.39%	0.69%
2020	0.20%	0.00%
2019	1.55%	1.38%
2018	0.87%	1.26%
2017	0.07%	0.11%
2008	37.88%	0.57%
2007	2.28%	1.45%