SH vs GIGB

Comparison between ProShares Short S&P500 -1x Shares (SH, ETF) and GOLDMAN SACHS ACCESS INVESTMENT GRADE CORPORATE BOND ETF (GIGB, ETF).

5-Year PerformanceGIGB has outperformed SH, delivering a return of -0.3% compared to -7.8%

SH vs GIGB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SH(ETF)	GIGB(ETF)
Net Assets	$973M	$973M
Expense Ratio	0.89%	0.08%
Max Drawdown	96.05%	26.20%
Sharpe Ratio	-1.27	-0.10
5Y Beta	-0.96	0.12
5Y Dividends CAGR	N/A	10.27%

Net Assets

$973M

Winner

GIGB

$973M

Expense Ratio

0.89%

Winner

GIGB

0.08%

Max Drawdown

96.05%

Winner

GIGB

26.20%

Sharpe Ratio

-1.27

Winner

GIGB

-0.10

5Y Beta

Winner

-0.96

GIGB

0.12

5Y Dividends CAGR

N/A

GIGB

10.27%

SH vs GIGB - Historical Returns

Returns include dividend reinvestment.

Period	SH	GIGB
1 month	-0.09%	-1.46%
3 months	-3.04%	-1.25%
6 months	-4.95%	-1.10%
1 year	-10.28%	+2.94%
5 years(CAGR)	-7.78%	-0.31%
10 years(CAGR)	-12.31%	+2.33%
Max(CAGR)	-11.21%	+2.33%

Winner

-0.09%

GIGB

-1.46%

-3.04%

Winner

GIGB

-1.25%

-4.95%

Winner

GIGB

-1.10%

-10.28%

Winner

GIGB

+2.94%

5Y(CAGR)

-7.78%

Winner

GIGB

-0.31%

10Y(CAGR)

-12.31%

Winner

GIGB

+2.33%

Max(CAGR)

-11.21%

Winner

GIGB

+2.33%

SH vs GIGB - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	SH	GIGB
2026	-5.53%	-0.59%
2025	-11.61%	+7.46%
2024	-14.04%	+2.27%
2023	-15.11%	+8.15%
2022	+19.65%	-15.06%
2021	-25.21%	-1.24%
2020	-24.36%	+9.59%
2019	-22.12%	+15.00%
2018	+5.67%	-2.38%
2017	-16.79%	+2.44%
2016	-13.78%	N/A
2015	-4.31%	N/A
2014	-14.42%	N/A
2013	-23.96%	N/A
2012	-14.45%	N/A
2011	-6.93%	N/A
2010	-15.20%	N/A
2009	-24.87%	N/A
2008	+36.95%	N/A
2007	+1.16%	N/A
2006	-8.42%	N/A

SH vs GIGB Drawdown Comparison

The maximum drawdown for SH was -94.66%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for GIGB was -22.25%, occurring on Oct 20, 2022. Recovery took 1104 trading sessions.

The current SH drawdown is -94.49%. The current GIGB drawdown is -2.19%.

Rank	SH	GIGB
#1	-94.66% Mar 9, 2009 - Jun 2, 2026	-22.25% Sep 22, 2021 - Feb 17, 2026
#2	-22.19% Nov 20, 2008 - Mar 2, 2009	-19.64% Mar 6, 2020 - Jun 10, 2020
#3	-17.15% Oct 27, 2008 - Nov 19, 2008	-5.78% Dec 31, 2020 - Aug 4, 2021
#4	-15.22% Jul 17, 2006 - Jan 18, 2008	-4.30% Dec 29, 2017 - Jan 31, 2019
#5	-11.46% Mar 10, 2008 - Jul 3, 2008	-2.98% Aug 6, 2020 - Dec 30, 2020
#6	-10.82% Oct 10, 2008 - Oct 24, 2008	-2.87% Feb 26, 2026 - Mar 27, 2026
#7	-7.60% Sep 17, 2008 - Sep 29, 2008	-2.55% Aug 28, 2019 - Oct 4, 2019
#8	-7.32% Jul 15, 2008 - Sep 15, 2008	-1.57% Aug 4, 2021 - Sep 22, 2021
#9	-6.38% Jan 22, 2008 - Mar 7, 2008	-1.40% Oct 4, 2019 - Nov 26, 2019
#10	-3.12% Jun 27, 2006 - Jul 13, 2006	-1.23% Jul 3, 2019 - Aug 1, 2019
#11	-2.77% Sep 29, 2008 - Oct 2, 2008	-1.02% Jun 10, 2020 - Jun 15, 2020
#12	-2.48% Mar 3, 2009 - Mar 5, 2009	-0.99% Sep 7, 2017 - Nov 22, 2017
#13	-1.85% Jul 7, 2008 - Jul 9, 2008	-0.92% Jun 26, 2017 - Jul 18, 2017
#14	-1.66% Sep 15, 2008 - Sep 17, 2008	-0.70% Dec 15, 2017 - Dec 29, 2017
#15	-0.65% Jul 9, 2008 - Jul 11, 2008	-0.65% Aug 3, 2017 - Aug 31, 2017

Correlation

Correlation between SH and GIGB is -0.64 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.64

-101

Dividend Comparison (2006 - 2026)

SH vs GIGB dividend yield comparison.

Year	SH	GIGB
2026	1.49%	2.30%
2025	4.49%	4.69%
2024	6.20%	4.45%
2023	5.37%	3.67%
2022	1.08%	3.12%
2021	0.00%	2.25%
2020	0.16%	2.62%
2019	1.76%	3.22%
2018	1.01%	3.31%
2017	0.06%	1.55%
2008	17.52%	0.00%
2007	3.81%	0.00%
2006	1.86%	0.00%