SH vs QLC

Comparison between ProShares Short S&P500 -1x Shares (SH, ETF) and FLEXSHARES US QUALITY LARGE CAP INDEX FUND (QLC, ETF).

5-Year PerformanceQLC has outperformed SH, delivering a return of +15.2% compared to -8.8%

SH vs QLC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SH(ETF)	QLC(ETF)
Net Assets	$981M	$982M
Expense Ratio	0.89%	0.25%
Max Drawdown	96.05%	36.20%
Sharpe Ratio	-1.68	1.92
5Y Beta	-0.97	0.97
P/E Ratio	N/A	23.92
Forward P/E	N/A	18.44
PEG Ratio	N/A	0.50
5Y Dividends CAGR	74.36%	8.69%
5Y EPS CAGR	N/A	24.59%
Debt to Equity	N/A	62.56%
P/S Ratio	N/A	2.47
P/B Ratio	N/A	4.55

Net Assets

$981M

Winner

QLC

$982M

Expense Ratio

0.89%

Winner

QLC

0.25%

Max Drawdown

96.05%

Winner

QLC

36.20%

Sharpe Ratio

-1.68

Winner

QLC

1.92

5Y Beta

Winner

-0.97

QLC

0.97

P/E Ratio

N/A

QLC

23.92

Forward P/E

N/A

QLC

18.44

PEG Ratio

N/A

QLC

0.50

5Y Dividends CAGR

Winner

74.36%

QLC

8.69%

5Y EPS CAGR

N/A

QLC

24.59%

Debt to Equity

N/A

QLC

62.56%

P/S Ratio

N/A

QLC

2.47

P/B Ratio

N/A

QLC

4.55

SH vs QLC - Historical Returns

Returns include dividend reinvestment.

Period	SH	QLC
1 month	+0.27%	+0.75%
3 months	-11.22%	+14.01%
6 months	-6.31%	+10.21%
1 year	-15.73%	+30.84%
5 years(CAGR)	-8.76%	+15.22%
10 years(CAGR)	-12.84%	+14.86%
Max(CAGR)	-11.31%	+14.37%

+0.27%

Winner

QLC

+0.75%

-11.22%

Winner

QLC

+14.01%

-6.31%

Winner

QLC

+10.21%

-15.73%

Winner

QLC

+30.84%

5Y(CAGR)

-8.76%

Winner

QLC

+15.22%

10Y(CAGR)

-12.84%

Winner

QLC

+14.86%

Max(CAGR)

-11.31%

Winner

QLC

+14.37%

SH vs QLC - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	SH	QLC
2026	-6.75%	+10.34%
2025	-11.61%	+23.48%
2024	-14.04%	+27.44%
2023	-15.11%	+26.53%
2022	+19.65%	-17.48%
2021	-25.21%	+30.21%
2020	-24.36%	+12.92%
2019	-22.12%	+24.18%
2018	+5.67%	-8.57%
2017	-16.79%	+20.99%
2016	-13.78%	+11.09%
2015	-4.31%	+5.64%
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 QLC 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 QLC was -35.85%, occurring on Mar 23, 2020. Recovery took 133 trading sessions.

The current SH drawdown is -94.56%. The current QLC drawdown is -1.24%.

Rank	SH	QLC
#1	-94.66% Mar 9, 2009 - Jun 2, 2026	-35.85% Feb 12, 2020 - Aug 25, 2020
#2	-22.19% Nov 20, 2008 - Mar 2, 2009	-23.81% Dec 29, 2021 - Dec 8, 2023
#3	-17.15% Oct 27, 2008 - Nov 19, 2008	-20.68% Sep 21, 2018 - Nov 7, 2019
#4	-15.22% Jul 17, 2006 - Jan 18, 2008	-18.49% Feb 19, 2025 - Jun 24, 2025
#5	-11.46% Mar 10, 2008 - Jul 3, 2008	-12.06% Nov 5, 2015 - Jul 13, 2016
#6	-10.82% Oct 10, 2008 - Oct 24, 2008	-9.44% Sep 2, 2020 - Nov 13, 2020
#7	-7.60% Sep 17, 2008 - Sep 29, 2008	-9.23% Jan 26, 2018 - Aug 7, 2018
#8	-7.32% Jul 15, 2008 - Sep 15, 2008	-8.84% Feb 9, 2026 - Apr 14, 2026
#9	-6.38% Jan 22, 2008 - Mar 7, 2008	-8.41% Jul 16, 2024 - Sep 19, 2024
#10	-3.12% Jun 27, 2006 - Jul 13, 2006	-6.15% Apr 24, 2017 - Sep 12, 2017
#11	-2.77% Sep 29, 2008 - Oct 2, 2008	-5.85% Aug 30, 2021 - Oct 28, 2021
#12	-2.48% Mar 3, 2009 - Mar 5, 2009	-5.42% Mar 28, 2024 - May 14, 2024
#13	-1.85% Jul 7, 2008 - Jul 9, 2008	-5.27% Sep 8, 2016 - Nov 15, 2016
#14	-1.66% Sep 15, 2008 - Sep 17, 2008	-4.88% Jan 4, 2017 - Mar 1, 2017
#15	-0.65% Jul 9, 2008 - Jul 11, 2008	-4.40% Feb 12, 2021 - Mar 11, 2021

Correlation

Correlation between SH and QLC is -0.85 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.85

-101

Dividend Comparison (2006 - 2026)

SH vs QLC dividend yield comparison.

Year	SH	QLC
2026	0.54%	0.41%
2025	4.49%	0.94%
2024	6.20%	1.03%
2023	5.37%	1.26%
2022	1.08%	1.46%
2021	0.00%	0.96%
2020	0.16%	1.40%
2019	1.76%	1.91%
2018	1.01%	1.82%
2017	0.06%	1.29%
2016	0.00%	1.80%
2015	0.00%	0.64%
2008	17.52%	0.00%
2007	3.81%	0.00%
2006	1.86%	0.00%