ProShares Short Competition
| DOG Etf | USD 23.95 0.17 0.71% |
ProShares Short and FlexShares STOXX Correlation Snapshot
Pay attention - limited upside
Across the chosen horizon, DOG and ESG show a correlation of -0.72 and fall into the Pay attention - limited upside bucket. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.
Moving against ProShares Etf
Investors who believe in mean reversion view ProShares Short's price extremes not as permanent states but as temporary dislocations that create opportunities for disciplined, contrarian capital allocation.
ProShares Short Competition Correlation Matrix
Correlation analysis between ProShares Short Dow30 and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
High positive correlations
| High negative correlations
|
ProShares Short Competition Risk-Adjusted Indicators
There is a big difference between ProShares Etf performing well and ProShares Short ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ProShares Short's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.46 | 0.06 | 0.03 | 0.06 | 1.66 | 2.38 | 13.69 | |||
| MSFT | 1.29 | -0.23 | 0.00 | -0.67 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.50 | -0.33 | 0.00 | -1.00 | 0.00 | 2.46 | 11.09 | |||
| F | 1.34 | -0.06 | 0.00 | -0.07 | 0.00 | 3.61 | 10.01 | |||
| T | 1.10 | 0.15 | 0.12 | -0.58 | 1.14 | 3.87 | 8.53 | |||
| A | 1.27 | -0.37 | 0.00 | -0.37 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.83 | -0.27 | 0.00 | -0.37 | 0.00 | 4.03 | 12.37 | |||
| JPM | 1.24 | -0.09 | 0.00 | -0.07 | 0.00 | 2.34 | 8.17 | |||
| MRK | 1.20 | 0.23 | 0.15 | 0.45 | 1.31 | 2.54 | 7.29 | |||
| XOM | 1.32 | 0.36 | 0.25 | 3.95 | 1.16 | 2.90 | 6.83 |
ProShares Short Competitive Analysis
Investors tracking ProShares Short should compare ProShares Short's financial results to its peer group to contextualize performance. A company that consistently outperforms ProShares Short's competitors on margin and growth metrics is typically a stronger long-term hold.| Better Than Average | Worse Than Peers | View Performance Chart |
ProShares Short Peer Performance Charts
How to Analyze ProShares Short Against Peers
ProShares Short's peer analysis compares ProShares Short with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether ProShares Short trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where ProShares Short leads or lags and what catalysts could close or widen the gap.