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^TYX vs. TBX
Performance
Return for Risk
Drawdowns
Volatility

Performance

^TYX vs. TBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Treasury Yield 30 Years (^TYX) and ProShares Short 7-10 Year Treasury (TBX). The values are adjusted to include any dividend payments, if applicable.

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^TYX vs. TBX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
^TYX
Treasury Yield 30 Years
1.24%1.13%19.08%1.11%108.66%15.74%-31.10%-20.89%10.26%-10.58%
TBX
ProShares Short 7-10 Year Treasury
1.57%-1.15%8.52%3.99%18.31%1.70%-9.96%-5.20%1.25%-2.61%

Returns By Period

In the year-to-date period, ^TYX achieves a 1.24% return, which is significantly lower than TBX's 1.57% return. Over the past 10 years, ^TYX has outperformed TBX with an annualized return of 6.46%, while TBX has yielded a comparatively lower 1.73% annualized return.


^TYX

1D
0.18%
1M
4.30%
YTD
1.24%
6M
3.92%
1Y
8.50%
3Y*
9.92%
5Y*
15.93%
10Y*
6.46%

TBX

1D
0.08%
1M
2.27%
YTD
1.57%
6M
2.49%
1Y
4.06%
3Y*
5.11%
5Y*
5.34%
10Y*
1.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

^TYX vs. TBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^TYX
^TYX Risk / Return Rank: 2828
Overall Rank
^TYX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
^TYX Sortino Ratio Rank: 3333
Sortino Ratio Rank
^TYX Omega Ratio Rank: 3131
Omega Ratio Rank
^TYX Calmar Ratio Rank: 2121
Calmar Ratio Rank
^TYX Martin Ratio Rank: 2121
Martin Ratio Rank

TBX
TBX Risk / Return Rank: 2323
Overall Rank
TBX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
TBX Sortino Ratio Rank: 2525
Sortino Ratio Rank
TBX Omega Ratio Rank: 2626
Omega Ratio Rank
TBX Calmar Ratio Rank: 2121
Calmar Ratio Rank
TBX Martin Ratio Rank: 1616
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^TYX vs. TBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 30 Years (^TYX) and ProShares Short 7-10 Year Treasury (TBX). 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.


^TYXTBXDifference

Sharpe ratio

Return per unit of total volatility

0.57

0.48

+0.10

Sortino ratio

Return per unit of downside risk

0.95

0.75

+0.20

Omega ratio

Gain probability vs. loss probability

1.11

1.11

-0.01

Calmar ratio

Return relative to maximum drawdown

0.20

0.43

-0.23

Martin ratio

Return relative to average drawdown

0.38

0.60

-0.22

^TYX vs. TBX - Sharpe Ratio Comparison

The current ^TYX Sharpe Ratio is 0.57, which is comparable to the TBX Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of ^TYX and TBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


^TYXTBXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.57

0.48

+0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.61

0.64

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.19

0.24

-0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.03

-0.17

+0.14

Correlation

The correlation between ^TYX and TBX is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Drawdowns

^TYX vs. TBX - Drawdown Comparison

The maximum ^TYX drawdown since its inception was -88.52%, which is greater than TBX's maximum drawdown of -41.04%. Use the drawdown chart below to compare losses from any high point for ^TYX and TBX.


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Drawdown Indicators


^TYXTBXDifference

Max Drawdown

Largest peak-to-trough decline

-88.52%

-41.04%

-47.48%

Max Drawdown (1Y)

Largest decline over 1 year

-10.83%

-6.77%

-4.06%

Max Drawdown (5Y)

Largest decline over 5 years

-30.52%

-7.77%

-22.75%

Max Drawdown (10Y)

Largest decline over 10 years

-72.86%

-19.46%

-53.40%

Current Drawdown

Current decline from peak

-39.94%

-18.30%

-21.64%

Average Drawdown

Average peak-to-trough decline

-46.00%

-26.74%

-19.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.64%

4.84%

+0.80%

Volatility

^TYX vs. TBX - Volatility Comparison

Treasury Yield 30 Years (^TYX) has a higher volatility of 4.20% compared to ProShares Short 7-10 Year Treasury (TBX) at 1.92%. This indicates that ^TYX's price experiences larger fluctuations and is considered to be riskier than TBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


^TYXTBXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.20%

1.92%

+2.28%

Volatility (6M)

Calculated over the trailing 6-month period

8.18%

3.22%

+4.96%

Volatility (1Y)

Calculated over the trailing 1-year period

14.52%

8.65%

+5.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.36%

8.43%

+16.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.22%

7.14%

+26.08%