SKF vs MRGR

Comparison between ProShares UltraShort Financials -2x Shares (SKF, ETF) and PROSHARES MERGER ETF (MRGR, ETF).

5-Year PerformanceMRGR has outperformed SKF, delivering a return of +4.0% compared to -16.0%

SKF vs MRGR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SKF(ETF)	MRGR(ETF)
Net Assets	$16M	$16M
Expense Ratio	N/A	0.75%
Max Drawdown	99.96%	16.75%
Sharpe Ratio	-0.13	1.72
5Y Beta	-1.59	0.08
P/E Ratio	N/A	41.57
Forward P/E	N/A	15.92
5Y Dividends CAGR	63.24%	74.38%
Debt to Equity	N/A	-33.40%
P/S Ratio	N/A	2.04
P/B Ratio	N/A	2.78

Net Assets

SKF

$16M

MRGR

$16M

Expense Ratio

SKF

N/A

MRGR

0.75%

Max Drawdown

SKF

99.96%

Winner

MRGR

16.75%

Sharpe Ratio

SKF

-0.13

Winner

MRGR

1.72

5Y Beta

Winner

SKF

-1.59

MRGR

0.08

P/E Ratio

SKF

N/A

MRGR

41.57

Forward P/E

SKF

N/A

MRGR

15.92

5Y Dividends CAGR

SKF

63.24%

Winner

MRGR

74.38%

Debt to Equity

SKF

N/A

MRGR

-33.40%

P/S Ratio

SKF

N/A

MRGR

2.04

P/B Ratio

SKF

N/A

MRGR

2.78

SKF vs MRGR - Historical Returns

Returns include dividend reinvestment.

Period	SKF	MRGR
1 month	-2.29%	+0.44%
3 months	-4.04%	+1.07%
6 months	+5.17%	+1.74%
1 year	-4.90%	+11.15%
5 years(CAGR)	-16.03%	+3.99%
10 years(CAGR)	-26.26%	+3.48%
Max(CAGR)	-27.65%	+2.17%

SKF

-2.29%

Winner

MRGR

+0.44%

SKF

-4.04%

Winner

MRGR

+1.07%

Winner

SKF

+5.17%

MRGR

+1.74%

SKF

-4.90%

Winner

MRGR

+11.15%

5Y(CAGR)

SKF

-16.03%

Winner

MRGR

+3.99%

10Y(CAGR)

SKF

-26.26%

Winner

MRGR

+3.48%

Max(CAGR)

SKF

-27.65%

Winner

MRGR

+2.17%

SKF vs MRGR - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SKF	MRGR
2026	+10.37%	+1.84%
2025	-24.30%	+11.75%
2024	-35.90%	+5.28%
2023	-21.44%	+5.09%
2022	+19.51%	-4.84%
2021	-49.39%	+6.35%
2020	-41.89%	+1.96%
2019	-42.79%	+4.66%
2018	+15.71%	+3.41%
2017	-30.54%	+2.08%
2016	-35.77%	-1.33%
2015	-8.42%	-0.48%
2014	-28.79%	-1.43%
2013	-45.36%	-4.37%
2012	-40.87%	+1.00%
2011	-1.63%	N/A
2010	-33.15%	N/A
2009	-76.26%	N/A
2008	-0.96%	N/A
2007	+48.94%	N/A

SKF vs MRGR Drawdown Comparison

The maximum drawdown for SKF was -99.96%, occurring on Jan 6, 2026. This drawdown has not yet recovered.

The maximum drawdown for MRGR was -13.23%, occurring on Mar 18, 2020. Recovery took 180 trading sessions.

The current SKF drawdown is -99.95%. The current MRGR drawdown is -0.31%.

Rank	SKF	MRGR
#1	-99.96% Nov 20, 2008 - Jan 6, 2026	-13.23% Feb 19, 2020 - Nov 3, 2020
#2	-52.64% Jul 15, 2008 - Nov 19, 2008	-10.02% Dec 31, 2012 - Oct 24, 2019
#3	-33.69% Mar 10, 2008 - Jun 23, 2008	-8.39% Nov 9, 2021 - Mar 1, 2024
#4	-28.73% Jan 18, 2008 - Mar 6, 2008	-2.31% Feb 16, 2021 - Apr 1, 2021
#5	-22.48% Nov 26, 2007 - Jan 4, 2008	-2.10% Feb 28, 2025 - May 27, 2025
#6	-21.75% Aug 15, 2007 - Nov 2, 2007	-1.95% Jun 7, 2021 - Sep 1, 2021
#7	-15.04% Mar 13, 2007 - Jul 24, 2007	-1.69% Mar 5, 2024 - Jul 8, 2024
#8	-12.79% Aug 3, 2007 - Aug 15, 2007	-1.29% Jan 14, 2026 - Mar 31, 2026
#9	-11.89% Jul 7, 2008 - Jul 11, 2008	-1.13% Oct 31, 2024 - Jan 3, 2025
#10	-10.60% Nov 7, 2007 - Nov 19, 2007	-1.12% Jan 22, 2021 - Feb 2, 2021
#11	-8.38% Jan 8, 2008 - Jan 17, 2008	-1.01% Oct 21, 2025 - Nov 3, 2025
#12	-5.27% Mar 5, 2007 - Mar 13, 2007	-0.99% Dec 12, 2025 - Jan 13, 2026
#13	-4.84% Nov 21, 2007 - Nov 26, 2007	-0.97% Apr 23, 2026 - May 26, 2026
#14	-4.41% Feb 12, 2007 - Feb 26, 2007	-0.97% Nov 6, 2020 - Dec 3, 2020
#15	-2.82% Nov 5, 2007 - Nov 7, 2007	-0.93% Sep 2, 2025 - Sep 26, 2025

Correlation

Correlation between SKF and MRGR is -0.59 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.59

-101

Dividend Comparison (2007 - 2026)

SKF vs MRGR dividend yield comparison.

Year	SKF	MRGR
2026	0.48%	0.20%
2025	5.61%	3.12%
2024	7.94%	3.21%
2023	3.93%	2.11%
2022	0.03%	0.61%
2021	0.00%	0.59%
2020	0.11%	0.00%
2019	1.28%	0.78%
2018	0.06%	1.39%
2017	0.00%	0.36%
2016	0.00%	0.74%
2015	0.00%	0.34%
2014	0.00%	0.67%
2013	0.00%	2.46%
2008	0.51%	0.00%
2007	1.92%	0.00%