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GOOX vs. PST
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

GOOX vs. PST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and ProShares UltraShort 7-10 Year Treasury (PST). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, GOOX achieves a 18.83% return, which is significantly higher than PST's 4.57% return.


GOOX

1D
-1.31%
1M
-13.31%
YTD
18.83%
6M
12.03%
1Y
274.80%
3Y*
5Y*
10Y*

PST

1D
0.51%
1M
0.80%
YTD
4.57%
6M
6.73%
1Y
1.08%
3Y*
5.59%
5Y*
9.21%
10Y*
2.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GOOX vs. PST - Yearly Performance Comparison


2026 (YTD)20252024
GOOX
T-Rex 2X Long Alphabet Daily Target ETF
18.83%121.41%46.80%
PST
ProShares UltraShort 7-10 Year Treasury
4.57%-4.42%10.92%

Correlation

The correlation between GOOX and PST is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.15

Correlation (All Time)
Calculated using the full available price history since Jan 12, 2024

-0.00

The correlation between GOOX and PST shifts across timeframes, from -0.15 (1 year) to -0.00 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

GOOX vs. PST — Risk / Return Rank

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

GOOX
GOOX Risk / Return Rank: 9393
Overall Rank
GOOX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
GOOX Sortino Ratio Rank: 9494
Sortino Ratio Rank
GOOX Omega Ratio Rank: 9090
Omega Ratio Rank
GOOX Calmar Ratio Rank: 9494
Calmar Ratio Rank
GOOX Martin Ratio Rank: 9393
Martin Ratio Rank

PST
PST Risk / Return Rank: 1010
Overall Rank
PST Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
PST Sortino Ratio Rank: 99
Sortino Ratio Rank
PST Omega Ratio Rank: 99
Omega Ratio Rank
PST Calmar Ratio Rank: 1010
Calmar Ratio Rank
PST Martin Ratio Rank: 1010
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.

GOOX vs. PST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Alphabet Daily Target ETF (GOOX) 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.


GOOXPSTDifference
Sharpe ratioReturn per unit of total volatility

+4.72

Sortino ratioReturn per unit of downside risk

+4.67

Omega ratioGain probability vs. loss probability

1.58

1.03

+0.56

Calmar ratioReturn relative to maximum drawdown

7.10

0.15

+6.95

Martin ratioReturn relative to average drawdown

24.06

0.26

+23.80

GOOX vs. PST - Sharpe Ratio Comparison

The current GOOX Sharpe Ratio is 4.83, which is higher than the PST Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of GOOX and PST, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


GOOXPSTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

4.83

0.11

+4.72

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

1.27

-0.37

+1.64

Drawdowns

GOOX vs. PST - Drawdown Comparison

The maximum GOOX drawdown since its inception was -52.46%, smaller than the maximum PST drawdown of -79.25%. Use the drawdown chart below to compare losses from any high point for GOOX and PST.


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Drawdown Indicators


GOOXPSTDifference

Max Drawdown

Largest peak-to-trough decline

-52.46%

-79.25%

+26.79%

Max Drawdown (1Y)

Largest decline over 1 year

-38.98%

-7.25%

-31.73%

Max Drawdown (3Y)

Largest decline over 3 years

-16.19%

Max Drawdown (5Y)

Largest decline over 5 years

-16.19%

Max Drawdown (10Y)

Largest decline over 10 years

-36.07%

Current Drawdown

Current decline from peak

-21.02%

-64.13%

+43.11%

Average Drawdown

Average peak-to-trough decline

-17.04%

-61.48%

+44.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.48%

4.16%

+7.32%

Volatility

GOOX vs. PST - Volatility Comparison

T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a higher volatility of 16.21% compared to ProShares UltraShort 7-10 Year Treasury (PST) at 3.19%. This indicates that GOOX'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.


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Volatility by Period


GOOXPSTDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.21%

3.19%

+13.02%

Volatility (6M)

Calculated over the trailing 6-month period

40.03%

6.75%

+33.28%

Volatility (1Y)

Calculated over the trailing 1-year period

57.42%

9.62%

+47.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

60.37%

15.60%

+44.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

60.37%

13.32%

+47.05%

GOOX vs. PST - Expense Ratio Comparison

GOOX has a 1.05% expense ratio, which is higher than PST's 0.95% expense ratio.


Dividends

GOOX vs. PST - Dividend Comparison

GOOX's dividend yield for the trailing twelve months is around 0.26%, less than PST's 3.08% yield.


PositionTTM20252024202320222021202020192018
GOOX
T-Rex 2X Long Alphabet Daily Target ETF
0.26%0.30%16.78%0.00%0.00%0.00%0.00%0.00%0.00%
PST
ProShares UltraShort 7-10 Year Treasury
3.08%3.47%3.61%3.69%0.02%0.00%0.11%1.85%0.66%

Frequently Asked Questions


GOOX and PST have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GOOX has higher volatility (16.21%) compared to PST (3.19%). In terms of maximum drawdown, GOOX dropped -52.46% vs PST's -79.25%.

On 1-year performance, GOOX leads with 274.80% vs 1.08% for PST. On fees, PST is cheaper at 0.95% per year. On volatility, PST has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, GOOX has performed better with a 274.80% return vs 1.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

PST is cheaper with a 0.95% expense ratio, compared with 1.05% for GOOX.

PST has the higher dividend yield at 3.08%, compared with 0.26% for GOOX.

GOOX is categorized as Leveraged Bonds, while PST is Inverse Bonds. They also come from different issuers: T-Rex and ProShares. Their fees differ too: 1.05% for GOOX and 0.95% for PST.

GOOX currently has the higher Sharpe Ratio (4.83 vs 0.11), 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.

Portfolio Optimizer

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