UYG vs HEGD

Comparison between PROSHARES ULTRA FINANCIALS (UYG, ETF) and SWAN HEDGED EQUITY US LARGE CAP ETF (HEGD, ETF).

5-Year PerformanceUYG has outperformed HEGD, delivering a return of +12.9% compared to +9.0%

UYG vs HEGD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UYG(ETF)	HEGD(ETF)
Net Assets	$693M	$692M
Expense Ratio	N/A	0.87%
Max Drawdown	97.97%	14.56%
Sharpe Ratio	0.29	1.61
5Y Beta	1.57	0.45
P/E Ratio	15.19	N/A
Forward P/E	15.72	N/A
5Y Dividends CAGR	104.43%	N/A
5Y EPS CAGR	11.58%	N/A
Debt to Equity	71.44%	N/A

Net Assets

Winner

UYG

$693M

HEGD

$692M

Expense Ratio

UYG

N/A

HEGD

0.87%

Max Drawdown

UYG

97.97%

Winner

HEGD

14.56%

Sharpe Ratio

UYG

0.29

Winner

HEGD

1.61

5Y Beta

UYG

1.57

Winner

HEGD

0.45

P/E Ratio

UYG

15.19

HEGD

N/A

Forward P/E

UYG

15.72

HEGD

N/A

5Y Dividends CAGR

UYG

104.43%

HEGD

N/A

5Y EPS CAGR

UYG

11.58%

HEGD

N/A

Debt to Equity

UYG

71.44%

HEGD

N/A

UYG vs HEGD - Holdings Comparison

UYG and HEGD have 1 common holdings. Overlap is 0.00%

UYG's top 25 holdings weight is 72.89%. HEGD's top 25 holdings weight is 114.83%.

Rank	UYG	HEGD
#1	FINANCIAL SELECT SECTOR INDEX SWAP (n/a) - 15.14%	SPDR® S&P 500® ETF (SPY) - 91.90%
#2	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 7.44%	OPTION ON S&P 500 PR (n/a) - 18.75%
#3	JPMORGAN CHASE & CO (JPM) - 7.28%	PUT ON S&P 500 DEC25 (n/a) - 3.54%
#4	SP FINANCIAL SELECT SECTOR INDEX SWAP (n/a) - 5.07%	OTHER ASSETS AND LIABILITIES (n/a) - 0.38%
#5	PROSHARES GENIUS MONEY MARKET ETF (IQMM) - 5.01%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.26%
#6	VISA INC CLASS A (V) - 4.72%	US DOLLARS (n/a) - 0.00%
#7	MASTERCARD INC CLASS A (MA) - 3.53%	N/A
#8	BANK OF AMERICA CORP (BAC) - 3.07%	N/A
#9	THE GOLDMAN SACHS GROUP INC (GS) - 2.40%	N/A
#10	WELLS FARGO & CO (WFC) - 2.16%	N/A
#11	MORGAN STANLEY (MS) - 1.99%	N/A
#12	CITIGROUP INC (C) - 1.95%	N/A
#13	AMERICAN EXPRESS CO (AXP) - 1.48%	N/A
#14	CHARLES SCHWAB CORP (SCHW) - 1.35%	N/A
#15	BLACKROCK INC (BLK) - 1.32%	N/A
#16	S&P GLOBAL INC (SPGI) - 1.13%	N/A
#17	CAPITAL ONE FINANCIAL CORP (COF) - 1.03%	N/A
#18	CHUBB LTD (CB) - 1.02%	N/A
#19	PROGRESSIVE CORP (PGR) - 1.01%	N/A
#20	CME GROUP INC CLASS A (CME) - 0.90%	N/A
#21	BLACKSTONE INC (BX) - 0.80%	N/A
#22	BANK OF NEW YORK MELLON CORP (BK) - 0.79%	N/A
#23	PNC FINANCIAL SERVICES GROUP INC (PNC) - 0.78%	N/A
#24	INTERCONTINENTAL EXCHANGE INC (ICE) - 0.77%	N/A
#25	U.S. BANCORP (USB) - 0.75%	N/A
Total Holdings	80	6

UYG vs HEGD - Historical Returns

Returns include dividend reinvestment.

Period	UYG	HEGD
1 month	+6.64%	+0.72%
3 months	+18.75%	+7.29%
6 months	-5.58%	+6.28%
1 year	+8.27%	+17.10%
5 years(CAGR)	+12.91%	+9.05%
10 years(CAGR)	+18.05%	N/A
Max(CAGR)	+0.81%	+9.63%

Winner

UYG

+6.64%

HEGD

+0.72%

Winner

UYG

+18.75%

HEGD

+7.29%

UYG

-5.58%

Winner

HEGD

+6.28%

UYG

+8.27%

Winner

HEGD

+17.10%

5Y(CAGR)

Winner

UYG

+12.91%

HEGD

+9.05%

10Y(CAGR)

UYG

+18.05%

HEGD

N/A

Max(CAGR)

UYG

+0.81%

Winner

HEGD

+9.63%

UYG vs HEGD - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	UYG	HEGD
2026	-7.40%	+5.49%
2025	+20.40%	+12.82%
2024	+54.90%	+15.60%
2023	+21.56%	+14.46%
2022	-33.20%	-11.12%
2021	+81.39%	+18.11%
2020	-21.03%	+0.99%
2019	+65.80%	N/A
2018	-22.15%	N/A
2017	+38.89%	N/A
2016	+39.01%	N/A
2015	-2.76%	N/A
2014	+32.96%	N/A
2013	+67.98%	N/A
2012	+54.75%	N/A
2011	-34.23%	N/A
2010	+13.98%	N/A
2009	-6.78%	N/A
2008	-84.66%	N/A
2007	-41.14%	N/A

UYG vs HEGD Drawdown Comparison

The maximum drawdown for UYG was -97.93%, occurring on Mar 6, 2009. Recovery took 4460 trading sessions.

The maximum drawdown for HEGD was -14.56%, occurring on Oct 12, 2022. Recovery took 495 trading sessions.

The current UYG drawdown is -12.17%. The current HEGD drawdown is -1.42%.

Rank	UYG	HEGD
#1	-97.93% Feb 20, 2007 - Nov 6, 2024	-14.56% Dec 29, 2021 - Dec 18, 2023
#2	-30.35% Feb 18, 2025 - Jul 3, 2025	-8.14% Feb 19, 2025 - Jun 24, 2025
#3	-28.91% Jan 6, 2026 - Mar 27, 2026	-4.58% Jul 10, 2024 - Aug 21, 2024
#4	-15.20% Nov 29, 2024 - Jan 30, 2025	-4.39% Jan 27, 2026 - Apr 15, 2026
#5	-11.82% Sep 29, 2025 - Dec 11, 2025	-3.57% Mar 28, 2024 - May 15, 2024
#6	-7.58% Jul 25, 2025 - Aug 22, 2025	-3.54% Sep 2, 2021 - Oct 26, 2021
#7	-6.00% Jul 3, 2025 - Jul 25, 2025	-3.38% Jun 2, 2026 - Jun 10, 2026
#8	-3.72% Sep 4, 2025 - Sep 19, 2025	-3.28% Feb 17, 2021 - Apr 5, 2021
#9	-3.33% Nov 6, 2024 - Nov 11, 2024	-2.84% Dec 6, 2024 - Jan 23, 2025
#10	-3.28% Dec 24, 2025 - Jan 5, 2026	-2.80% Nov 24, 2021 - Dec 23, 2021
#11	-3.19% Feb 8, 2007 - Feb 14, 2007	-2.79% Aug 30, 2024 - Sep 12, 2024
#12	-3.15% Feb 6, 2025 - Feb 18, 2025	-2.62% Oct 29, 2025 - Dec 11, 2025
#13	-2.39% Jan 30, 2025 - Feb 6, 2025	-2.50% May 7, 2021 - Jun 24, 2021
#14	-2.09% Sep 19, 2025 - Sep 29, 2025	-2.34% Oct 14, 2024 - Nov 6, 2024
#15	-1.92% Dec 15, 2025 - Dec 22, 2025	-2.05% Dec 11, 2025 - Jan 9, 2026

Correlation

Correlation between UYG and HEGD is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2007 - 2026)

UYG vs HEGD dividend yield comparison.

Year	UYG	HEGD
2026	0.24%	0.00%
2025	11.72%	0.36%
2024	0.51%	0.43%
2023	0.79%	0.39%
2022	0.77%	0.87%
2021	9.39%	0.31%
2020	0.66%	0.00%
2019	0.90%	0.00%
2018	1.56%	0.00%
2017	1.68%	0.00%
2016	2.27%	0.00%
2015	2.48%	0.00%
2014	3.41%	0.00%
2013	1.72%	0.00%
2012	5.16%	0.00%
2011	2.00%	0.00%
2010	0.10%	0.00%
2009	0.41%	0.00%
2008	3.27%	0.00%
2007	1.47%	0.00%