SSG vs GAEM

Comparison between ProShares UltraShort Semiconductors -2x Shares (SSG, ETF) and Simplify Gamma Emerging Market Bond ETF (GAEM, ETF).

SSG vs GAEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SSG(ETF)	GAEM(ETF)
Net Assets	$41M	$41M
Expense Ratio	N/A	0.76%
Max Drawdown	100.00%	7.71%
Sharpe Ratio	-1.42	1.56
5Y Beta	0.00	0.19

Net Assets

SSG

$41M

Winner

GAEM

$41M

Expense Ratio

SSG

N/A

GAEM

0.76%

Max Drawdown

SSG

100.00%

Winner

GAEM

7.71%

Sharpe Ratio

SSG

-1.42

Winner

GAEM

1.56

5Y Beta

Winner

SSG

0.00

GAEM

0.19

SSG vs GAEM - Historical Returns

Returns include dividend reinvestment.

Period	SSG	GAEM
1 month	+13.39%	+0.04%
3 months	-36.97%	+1.40%
6 months	-54.87%	+3.40%
1 year	-71.59%	+11.53%
5 years(CAGR)	-65.95%	N/A
10 years(CAGR)	-61.35%	N/A
Max(CAGR)	-48.87%	+11.14%

Winner

SSG

+13.39%

GAEM

+0.04%

SSG

-36.97%

Winner

GAEM

+1.40%

SSG

-54.87%

Winner

GAEM

+3.40%

SSG

-71.59%

Winner

GAEM

+11.53%

5Y(CAGR)

SSG

-65.95%

GAEM

N/A

10Y(CAGR)

SSG

-61.35%

GAEM

N/A

Max(CAGR)

SSG

-48.87%

Winner

GAEM

+11.14%

SSG vs GAEM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SSG	GAEM
2026	-56.68%	+4.10%
2025	-68.97%	+13.49%
2024	-78.91%	+3.72%
2023	-79.23%	N/A
2022	+43.71%	N/A
2021	-67.88%	N/A
2020	-75.60%	N/A
2019	-62.53%	N/A
2018	+3.74%	N/A
2017	-51.56%	N/A
2016	-50.64%	N/A
2015	-19.03%	N/A
2014	-53.80%	N/A
2013	-47.07%	N/A
2012	-6.88%	N/A
2011	-17.78%	N/A
2010	-36.61%	N/A
2009	-74.59%	N/A
2008	+92.05%	N/A
2007	-15.38%	N/A

SSG vs GAEM Drawdown Comparison

The maximum drawdown for SSG was -100.00%, occurring on Jun 22, 2026. This drawdown has not yet recovered.

The maximum drawdown for GAEM was -3.84%, occurring on Apr 8, 2025. Recovery took 50 trading sessions.

The current SSG drawdown is -100.00%. The current GAEM drawdown is -0.66%.

Rank	SSG	GAEM
#1	-100.00% Nov 20, 2008 - Jun 22, 2026	-3.84% Feb 28, 2025 - May 12, 2025
#2	-41.28% Jan 22, 2008 - Sep 15, 2008	-3.61% Feb 25, 2026 - Apr 13, 2026
#3	-34.54% Mar 5, 2007 - Jan 7, 2008	-2.17% Dec 6, 2024 - Feb 21, 2025
#4	-30.05% Oct 27, 2008 - Nov 12, 2008	-1.84% Apr 17, 2026 - Jun 1, 2026
#5	-19.36% Oct 10, 2008 - Oct 15, 2008	-1.50% Sep 17, 2025 - Oct 21, 2025
#6	-14.28% Nov 12, 2008 - Nov 17, 2008	-1.23% Oct 16, 2024 - Nov 7, 2024
#7	-12.60% Oct 15, 2008 - Oct 22, 2008	-1.03% Jun 26, 2026 - Jul 8, 2026
#8	-12.03% Sep 17, 2008 - Sep 29, 2008	-0.86% May 16, 2025 - Jun 3, 2025
#9	-9.03% Feb 12, 2007 - Mar 2, 2007	-0.83% Nov 11, 2024 - Nov 21, 2024
#10	-8.54% Sep 29, 2008 - Oct 2, 2008	-0.82% Jan 23, 2026 - Feb 20, 2026
#11	-6.95% Jan 11, 2008 - Jan 16, 2008	-0.69% Jun 4, 2026 - Jun 11, 2026
#12	-3.82% Feb 1, 2007 - Feb 12, 2007	-0.68% Nov 11, 2025 - Dec 3, 2025
#13	-2.20% Jan 8, 2008 - Jan 11, 2008	-0.63% Oct 27, 2025 - Nov 11, 2025
#14	-2.11% Jan 17, 2008 - Jan 22, 2008	-0.58% Jul 9, 2025 - Jul 22, 2025
#15	-1.15% Sep 15, 2008 - Sep 17, 2008	-0.53% Dec 3, 2025 - Dec 15, 2025

Correlation

Correlation between SSG and GAEM is -0.95 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.95

-101