ULE vs VYM
ProShares Ultra Euro vs Vanguard High Dividend Yield ETF
Which is better, ULE or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ULE | VYM |
|---|---|---|
| Expense Ratio | 0.95% | 0.04%Best |
| AUM | $4M | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 2 | 613 |
| YTD Return | -4.60% | +11.35%Best |
| 1Y Return | -6.18% | +15.34%Best |
| 3Y Return (annualized) | +4.08% | +17.22%Best |
| 5Y Return (annualized) | -2.66% | +12.30%Best |
| Volatility (annualized) | 18.0% | 14.2%Best |
| Max Drawdown | -72.7% | -35.7%Best |
| $10,000 over 5 years | $8,739 | $17,861Best |
| Fund Family | ProShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | - | Large Cap Value |
| Inception | Nov 24, 2008 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 25, 2008 to Sep 18, 2026 (17.8 years).
ULE vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 17.8 years both funds cover.
ULE vs VYM Performance
ProShares Ultra Euro (ULE) is an ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year ULE returned -6.18% while VYM returned +15.34%. Year to date, ULE is down 4.60% versus a gain of 11.35% for VYM.
Over three years, ULE compounded at +4.08% per year against +17.22% for VYM; over five years the annualized figures are -2.66% and +12.30% respectively. Across the full 18-year window we track, VYM has the edge at +10.36% annualized vs -3.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ULE has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 14.2% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -72.7% for ULE and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ULE charges 0.95% per year while VYM charges 0.04%. On a $10,000 position that is $95 vs $4 annually, a gap of $91 per year that compounds over a long holding period. On income, ULE currently yields 0.00% against 2.22% for VYM.
You are not choosing between two funds in isolation.
Whichever of ULE and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ULE or VYM?
ULE has an expense ratio of 0.95% while VYM charges 0.04%. VYM is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, ULE or VYM?
Over the past year ULE returned -6.18% vs +15.34% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (18 years), ULE annualized -3.90% vs +10.36% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ULE or VYM?
ULE has been the more volatile fund at 18.0% annualized versus 14.2% for VYM. Worst drawdown: ULE -72.7% vs VYM -35.7%.
Should I hold both ULE and VYM?
ULE and VYM have a monthly-return correlation of 0.39, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ULE or VYM?
ULE yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than ULE?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.