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SCO vs SPY

Comparison between ProShares UltraShort Bloomberg Crude Oil -2x Shares (SCO, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed SCO, delivering a return of +13.2% compared to -38.1%

SCO vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
SCO
$1.50B
Winner
SPY
$784B
Expense Ratio
SCO
N/A
SPY
0.09%
Max Drawdown
SCO
99.80%
Winner
SPY
56.47%
Sharpe Ratio
SCO
-0.81
Winner
SPY
1.54
5Y Beta
Winner
SCO
-0.33
SPY
1.00
P/E Ratio
SCO
N/A
SPY
27.62
Forward P/E
SCO
N/A
SPY
21.11
5Y Dividends CAGR
SCO
N/A
SPY
6.00%
5Y EPS CAGR
SCO
N/A
SPY
25.30%
Debt to Equity
SCO
N/A
SPY
31.11%
P/S Ratio
SCO
N/A
SPY
3.49
P/B Ratio
SCO
N/A
SPY
5.30

SCO vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
SCO
+30.31%
SPY
-1.37%
3M
SCO
-5.39%
Winner
SPY
+12.22%
6M
SCO
-56.56%
Winner
SPY
+7.20%
1Y
SCO
-50.02%
Winner
SPY
+23.58%
5Y(CAGR)
SCO
-38.10%
Winner
SPY
+13.19%
10Y(CAGR)
SCO
-36.54%
Winner
SPY
+15.12%
Max(CAGR)
SCO
-25.35%
Winner
SPY
+8.44%

SCO vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearSCOSPY
2026-57.85%+7.95%
2025+18.99%+18.00%
2024-20.71%+25.59%
2023-17.89%+26.72%
2022-61.75%-18.64%
2021-73.53%+30.52%
2020-4.04%+17.28%
2019-56.87%+31.09%
2018+20.20%-5.24%
2017-25.71%+20.78%
2016-52.70%+13.59%
2015+67.26%+1.31%
2014+128.35%+14.56%
2013-19.71%+29.00%
2012+13.72%+14.17%
2011-23.46%+0.85%
2010-21.59%+13.14%
2009-49.82%+22.67%
2008+12.07%-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

SCO vs SPY Drawdown Comparison

The maximum drawdown for SCO was -99.80%, occurring on May 19, 2026. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current SCO drawdown is -99.72%. The current SPY drawdown is -3.18%.

RankSCOSPY
#1-99.80%
Feb 18, 2009 - May 19, 2026
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-47.72%
Dec 24, 2008 - Feb 13, 2009
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-26.24%
Dec 5, 2008 - Dec 22, 2008
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-15.36%
Nov 25, 2008 - Dec 1, 2008
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5N/A-19.34%
Sep 20, 2018 - Apr 12, 2019
#6N/A-18.76%
Feb 19, 2025 - Jun 26, 2025
#7N/A-13.02%
Jul 20, 2015 - Apr 18, 2016
#8N/A-10.10%
Jan 26, 2018 - Aug 6, 2018
#9N/A-9.44%
Sep 2, 2020 - Nov 11, 2020
#10N/A-9.30%
Jan 19, 2000 - Mar 17, 2000
#11N/A-9.05%
Jul 19, 2007 - Oct 5, 2007
#12N/A-8.88%
Jan 27, 2026 - Apr 14, 2026
#13N/A-8.41%
Jul 16, 2024 - Sep 19, 2024
#14N/A-7.35%
Sep 14, 2012 - Jan 2, 2013
#15N/A-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between SCO and SPY is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68
-101

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