ProShares Ultra High Yield (UJB) belongs to the Leveraged Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UJB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UJB
UJB charges 0.95% annually. There are 2 ETFs in the Leveraged Bonds category with lower expense ratios, going as low as 0.85%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN | 0.85% | 4.44M | Sep 2018 | UJB vs PFFL | |
| ProShares UltraShort 20+ Year Treasury | 0.93% | 317.44M | Apr 2008 | UJB vs TBT | |
| ProShares Ultra 7-10 Year Treasury | 0.95% | 14.95M | Jan 2010 | UJB vs UST | |
| ProShares Ultra 20+ Year Treasury | 0.95% | 56.55M | Jan 2010 | UJB vs UBT | |
| ProShares UltraShort 7-10 Year Treasury | 0.95% | 10.62M | Apr 2008 | UJB vs PST |
Best Risk-Adjusted Alternatives to UJB
UJB has a PortfoliosLab risk / return rank of 31. No ETFs in the Leveraged Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 31.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily 7-10 Year Treasury Bear 3X | 31 | 12.41M | Apr 2009 | UJB vs TYO | |
| ProShares UltraShort 7-10 Year Treasury | 27 | 10.62M | Apr 2008 | UJB vs PST | |
| Direxion Daily 20-Year Treasury Bear 3X | 24 | 185.07M | Apr 2009 | UJB vs TMV | |
| ProShares UltraShort 20+ Year Treasury | 23 | 317.44M | Apr 2008 | UJB vs TBT | |
| Return Stacked Bonds & Merger Arbitrage ETF | 22 | — | Dec 2024 | UJB vs RSBA |
Top Performing UJB Alternatives (YTD)
UJB is at 0.45% YTD. There are 5 ETFs in the Leveraged Bonds category with higher YTD returns, going as high as 17.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily 20-Year Treasury Bear 3X | 17.52% | 185.07M | Apr 2009 | UJB vs TMV | |
| UltraPro Short 20+ Year Treasury | 16.17% | 19.45M | Mar 2012 | UJB vs TTT | |
| Direxion Daily 7-10 Year Treasury Bear 3X | 13.00% | 12.41M | Apr 2009 | UJB vs TYO | |
| ProShares UltraShort 20+ Year Treasury | 11.24% | 317.44M | Apr 2008 | UJB vs TBT | |
| ProShares UltraShort 7-10 Year Treasury | 7.74% | 10.62M | Apr 2008 | UJB vs PST |
Lowest Volatility Alternatives to UJB
UJB has 7.33% 1-year volatility. There is 1 ETF in the Leveraged Bonds category with lower 1-year volatility, going as low as 4.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Return Stacked Bonds & Merger Arbitrage ETF | 4.57% | — | Dec 2024 | UJB vs RSBA | |
| ProShares Ultra 7-10 Year Treasury | 9.28% | 14.95M | Jan 2010 | UJB vs UST | |
| ProShares UltraShort 7-10 Year Treasury | 9.39% | 10.62M | Apr 2008 | UJB vs PST | |
| Roundhill Treasury Bond WeeklyPay ETF | 10.84% | — | Nov 2025 | UJB vs TSYW | |
| Direxion Daily 7-10 Year Treasury Bull 3X | 13.68% | 31.91M | Apr 2009 | UJB vs TYD |
Lowest Drawdown Alternatives to UJB
UJB has a 1-year max drawdown of -5.01%. There are 2 ETFs in the Leveraged Bonds category with shallower 1-year drawdowns, going as shallow as -2.74%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Return Stacked Bonds & Merger Arbitrage ETF | -2.74% | — | Dec 2024 | UJB vs RSBA | |
| ProShares UltraShort 7-10 Year Treasury | -4.73% | 10.62M | Apr 2008 | UJB vs PST | |
| Direxion Daily 7-10 Year Treasury Bear 3X | -6.90% | 12.41M | Apr 2009 | UJB vs TYO | |
| ProShares Ultra 7-10 Year Treasury | -8.86% | 14.95M | Jan 2010 | UJB vs UST | |
| ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN | -11.92% | 4.44M | Sep 2018 | UJB vs PFFL |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 36 | 23.06% | 32.83B | Feb 2010 | UJB vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 39 | 18.94% | 12.76B | Jun 2006 | UJB vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -29.42% | 1.41B | Oct 2021 | UJB vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 50 | 21.72% | 5.15B | Jun 2009 | UJB vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 16.14% | 7.81B | Jun 2006 | UJB vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 47 | 10.84% | 11.68B | Oct 2013 | UJB vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 52 | 50.25% | 2.47B | Jan 2007 | UJB vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 2 | -34.61% | 2.00B | Feb 2010 | UJB vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 44 | 10.08% | 394.37M | Mar 2024 | UJB vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -35.24% | 244.68M | Oct 2011 | UJB vs UVXY |
Often Compared With UJB
Investors most often compare UJB with VOO, RISR, SPY. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare UJB with Any Fund or Stock
Compare UJB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UJB with funds that move differently
ProShares Ultra High Yield alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UJB.
Explore UJB Diversifiers