^TYX vs. PST
^TYX (Treasury Yield 30 Years) is an index, while PST (ProShares UltraShort 7-10 Year Treasury) is Inverse Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. Over the past 10 years, ^TYX returned 8.72%/yr vs 3.13%/yr for PST. Their correlation of 0.86 means they have usually moved in the same direction.
Performance
^TYX vs. PST - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ^TYX achieves a 8.99% return, which is significantly higher than PST's 7.74% return. Over the past 10 years, ^TYX has outperformed PST with an annualized return of 8.72%, while PST has yielded a comparatively lower 3.13% annualized return.
^TYX
- 1D
- 1.29%
- 1M
- 5.82%
- 6M
- 8.27%
- YTD
- 8.99%
- 1Y
- 9.74%
- 3Y*
- 8.72%
- 5Y*
- 22.70%
- 10Y*
- 8.72%
- ALL TIME*
- -0.76%
PST
- 1D
- 0.55%
- 1M
- 3.24%
- 6M
- 6.90%
- YTD
- 7.74%
- 1Y
- 7.92%
- 3Y*
- 4.59%
- 5Y*
- 11.11%
- 10Y*
- 3.13%
- ALL TIME*
- -4.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $115.25K | $150.97K | $186.50K |
^TYX vs. PST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^TYX Treasury Yield 30 Years | 8.99% | 1.13% | 19.08% | 1.11% | 108.66% | 15.74% | -31.10% | -20.89% | 10.26% | -10.58% |
PST ProShares UltraShort 7-10 Year Treasury | 7.74% | -4.42% | 12.27% | 3.17% | 38.55% | 4.01% | -18.67% | -11.03% | 1.72% | -4.52% |
Correlation
The correlation between ^TYX and PST is 0.84, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.84 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.84 |
Correlation (All Time) Calculated using the full available price history since May 1, 2008 | 0.86 |
The correlation between ^TYX and PST has been stable across timeframes, ranging from 0.84 to 0.88 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
^TYX vs. PST — Risk / Return Rank
^TYX
PST
^TYX vs. PST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 30 Years (^TYX) and ProShares UltraShort 7-10 Year Treasury (PST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^TYX | PST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.10 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 1.17 | -0.25 |
| Martin ratioReturn relative to average drawdown | 2.05 | 2.40 | -0.35 |
Loading charts...
Drawdowns
^TYX vs. PST - Drawdown Comparison
The maximum ^TYX drawdown since its inception was -93.84%, which is greater than PST's maximum drawdown of -79.25%. Use the drawdown chart below to compare losses from any high point for ^TYX and PST.
Loading charts...
Drawdown Indicators
| ^TYX | PST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.84% | -79.25% | -14.59% |
Max Drawdown (1Y)Largest decline over 1 year | -8.69% | -4.73% | -3.96% |
Max Drawdown (3Y)Largest decline over 3 years | -22.85% | -16.19% | -6.66% |
Max Drawdown (5Y)Largest decline over 5 years | -22.85% | -16.19% | -6.66% |
Max Drawdown (10Y)Largest decline over 10 years | -72.86% | -36.07% | -36.79% |
Current DrawdownCurrent decline from peak | -65.32% | -63.04% | -2.28% |
Average DrawdownAverage peak-to-trough decline | -56.73% | -61.49% | +4.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 2.73% | +1.17% |
Volatility
^TYX vs. PST - Volatility Comparison
Treasury Yield 30 Years (^TYX) has a higher volatility of 2.73% compared to ProShares UltraShort 7-10 Year Treasury (PST) at 2.53%. This indicates that ^TYX's price experiences larger fluctuations and is considered to be riskier than PST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ^TYX | PST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 2.53% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 8.22% | 7.32% | +0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.70% | 9.39% | +2.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.59% | 15.56% | +9.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.33% | 13.29% | +20.04% |
Frequently Asked Questions
^TYX and PST have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^TYX has higher volatility (2.73%) compared to PST (2.53%). In terms of maximum drawdown, ^TYX dropped -93.84% vs PST's -79.25%.
^TYX currently has the higher Sharpe Ratio (0.68 vs 0.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ^TYX and PST
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer