UPRO vs VXUS
ProShares UltraPro S&P 500 vs Vanguard Total International Stock ETF
Which is better, UPRO or VXUS?
Multi Alternative against Large Cap Blend.
VXUS has a lower expense ratio. UPRO 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 | UPRO | VXUS |
|---|---|---|
| Expense Ratio | 0.89% | 0.05%Best |
| AUM | $5.4B | $158.1B |
| Dividend Yield | 0.72% | 2.51% |
| Holdings | 520 | 8,747 |
| YTD Return | +27.24%Best | +14.48% |
| 1Y Return | +37.98%Best | +22.28% |
| 3Y Return (annualized) | +46.88%Best | +20.00% |
| 5Y Return (annualized) | +18.37%Best | +8.91% |
| Volatility (annualized) | 43.7% | 15.0%Best |
| Max Drawdown | -76.8% | -39.9%Best |
| $10,000 over 5 years | $23,239Best | $15,323 |
| Fund Family | ProShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jun 23, 2009 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 28, 2011 to Sep 11, 2026 (15.6 years).
UPRO vs VXUS 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
UPRO vs VXUS Performance
ProShares UltraPro S&P 500 (UPRO) is an ETF from ProShares and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year UPRO returned +37.98% while VXUS returned +22.28%. Year to date, UPRO is up 27.24% versus a gain of 14.48% for VXUS.
Over three years, UPRO compounded at +46.88% per year against +20.00% for VXUS; over five years the annualized figures are +18.37% and +8.91% respectively. Across the full 16-year window we track, UPRO has the edge at +28.55% annualized vs +4.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPRO has been the more volatile fund, with annualized monthly volatility of 43.7% compared with 15.0% for VXUS. 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 -76.8% for UPRO and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
UPRO charges 0.89% per year while VXUS charges 0.05%. On a $10,000 position that is $89 vs $5 annually, a gap of $84 per year that compounds over a long holding period. On income, UPRO currently yields 0.72% against 2.51% for VXUS.
Holdings Overlap
We hold position weights for 500 holdings in UPRO and 8,091 in VXUS, totalling 68.1% and 87.7% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 5 positions appear in both.
5 positions in common, counted across the 500 positions we hold weights for in UPRO and 8,091 in VXUS, against full books of 520 and 8,747.
You are not choosing between two funds in isolation.
Whichever of UPRO and VXUS 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, UPRO or VXUS?
UPRO has an expense ratio of 0.89% while VXUS charges 0.05%. VXUS is the cheaper option, by $84 a year on a $10,000 investment.
Which performed better, UPRO or VXUS?
Over the past year UPRO returned +37.98% vs +22.28% for VXUS, so UPRO leads on 1-year performance. Over the longest common window we track (16 years), UPRO annualized +28.55% vs +4.82% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, UPRO or VXUS?
UPRO has been the more volatile fund at 43.7% annualized versus 15.0% for VXUS. Worst drawdown: UPRO -76.8% vs VXUS -39.9%.
Should I hold both UPRO and VXUS?
UPRO and VXUS have a monthly-return correlation of 0.83, 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, UPRO or VXUS?
UPRO yields 0.72% while VXUS yields 2.51%, so VXUS currently pays the higher dividend yield.
Is VXUS better than UPRO?
VXUS has a lower expense ratio. UPRO 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.