SDS vs AEF

Comparison between ProShares UltraShort S&P500 -2x Shares (SDS, ETF) and abrdn Emerging Markets Equity Income Fund Inc (AEF, ETF).

5-Year PerformanceAEF has outperformed SDS, delivering a return of +9.2% compared to -19.9%

SDS vs AEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SDS(ETF)	AEF(ETF)
Net Assets	$398M	$396M
Max Drawdown	99.89%	83.50%
Sharpe Ratio	-1.25	1.76
5Y Beta	-1.91	0.91
5Y Dividends CAGR	22.27%	18.58%

Net Assets

Winner

SDS

$398M

AEF

$396M

Max Drawdown

SDS

99.89%

Winner

AEF

83.50%

Sharpe Ratio

SDS

-1.25

Winner

AEF

1.76

5Y Beta

Winner

SDS

-1.91

AEF

0.91

5Y Dividends CAGR

Winner

SDS

22.27%

AEF

18.58%

SDS vs AEF - Historical Returns

Returns include dividend reinvestment.

Period	SDS	AEF
1 month	-0.59%	-6.65%
3 months	-7.13%	+3.01%
6 months	-11.84%	+20.18%
1 year	-23.27%	+58.43%
5 years(CAGR)	-19.85%	+9.21%
10 years(CAGR)	-26.78%	+11.41%
Max(CAGR)	-24.95%	+10.04%

Winner

SDS

-0.59%

AEF

-6.65%

SDS

-7.13%

Winner

AEF

+3.01%

SDS

-11.84%

Winner

AEF

+20.18%

SDS

-23.27%

Winner

AEF

+58.43%

5Y(CAGR)

SDS

-19.85%

Winner

AEF

+9.21%

10Y(CAGR)

SDS

-26.78%

Winner

AEF

+11.41%

Max(CAGR)

SDS

-24.95%

Winner

AEF

+10.04%

SDS vs AEF - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	SDS	AEF
2026	-13.10%	+30.80%
2025	-27.18%	+49.61%
2024	-30.24%	+10.79%
2023	-32.17%	+7.32%
2022	+32.17%	-30.28%
2021	-44.54%	+2.75%
2020	-48.99%	+9.32%
2019	-41.12%	+21.28%
2018	+7.54%	-17.85%
2017	-30.97%	+56.05%
2016	-26.29%	+17.21%
2015	-9.61%	-16.16%
2014	-27.06%	-21.40%
2013	-42.30%	-23.14%
2012	-27.66%	+10.38%
2011	-17.21%	-23.87%
2010	-29.93%	+46.73%
2009	-47.35%	+93.70%
2008	+57.43%	-49.53%
2007	-4.12%	+46.06%
2006	-19.87%	+0.76%
2005	N/A	+58.10%
2004	N/A	+16.35%
2003	N/A	+101.63%
2002	N/A	-13.64%
2001	N/A	+11.88%

SDS vs AEF Drawdown Comparison

The maximum drawdown for SDS was -99.85%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for AEF was -64.06%, occurring on Jan 21, 2016. Recovery took 3763 trading sessions.

The current SDS drawdown is -99.84%. The current AEF drawdown is -9.98%.

Rank	SDS	AEF
#1	-99.85% Mar 9, 2009 - Jun 2, 2026	-64.06% Nov 9, 2010 - Oct 27, 2025
#2	-41.04% Nov 20, 2008 - Mar 5, 2009	-63.36% Dec 31, 2007 - Jan 8, 2010
#3	-33.06% Jul 17, 2006 - Jul 11, 2008	-33.51% Mar 13, 2002 - Jun 6, 2003
#4	-31.02% Oct 27, 2008 - Nov 20, 2008	-33.44% Jan 13, 2004 - Dec 23, 2004
#5	-22.44% Oct 10, 2008 - Oct 27, 2008	-31.83% Jun 15, 2007 - Dec 31, 2007
#6	-14.92% Jul 15, 2008 - Sep 17, 2008	-27.66% Jan 5, 2006 - Jan 24, 2007
#7	-13.57% Sep 17, 2008 - Sep 29, 2008	-26.74% May 31, 2001 - Mar 1, 2002
#8	-8.50% Sep 29, 2008 - Oct 3, 2008	-19.92% Feb 25, 2026 - Apr 17, 2026
#9	-0.43% Mar 5, 2009 - Mar 9, 2009	-17.13% Oct 30, 2003 - Dec 30, 2003
#10	N/A	-15.51% Feb 20, 2007 - May 3, 2007
#11	N/A	-15.23% Jan 19, 2010 - Jul 22, 2010
#12	N/A	-13.24% Jun 2, 2026 - Jul 20, 2026
#13	N/A	-12.31% Jan 31, 2001 - May 31, 2001
#14	N/A	-11.15% Oct 4, 2005 - Dec 16, 2005
#15	N/A	-10.13% Feb 25, 2005 - Jun 22, 2005

Correlation

Correlation between SDS and AEF is -0.38 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.38

-101

Dividend Comparison (2001 - 2026)

SDS vs AEF dividend yield comparison.

Year	SDS	AEF
2026	1.76%	4.97%
2025	5.88%	9.29%
2024	7.89%	7.51%
2023	5.77%	7.63%
2022	0.35%	8.54%
2021	0.00%	6.73%
2020	0.92%	3.37%
2019	1.84%	2.23%
2018	1.28%	20.97%
2017	0.09%	5.19%
2016	0.00%	7.05%
2015	0.00%	12.19%
2014	0.00%	14.11%
2013	0.00%	13.93%
2012	0.00%	10.60%
2011	0.00%	15.58%
2010	0.00%	15.26%
2009	0.00%	5.98%
2008	22.43%	9.37%
2007	3.30%	11.41%
2006	1.24%	6.62%
2005	0.00%	24.59%
2004	0.00%	15.94%
2003	0.00%	3.19%
2002	0.00%	1.24%
2001	0.00%	11.98%