PFFL vs. UJB
Compare and contrast key facts about ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) and ProShares Ultra High Yield (UJB).
PFFL and UJB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PFFL is a passively managed fund by UBS that tracks the performance of the Solactive Preferred Stock ETF Index (+200%). It was launched on Sep 25, 2018. UJB is a passively managed fund by ProShares that tracks the performance of the iBoxx $ Liquid High Yield Index (200%). It was launched on Apr 13, 2011. Both PFFL and UJB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
PFFL vs. UJB - Performance Comparison
Loading graphics...
PFFL vs. UJB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PFFL ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN | -3.25% | 2.18% | 4.77% | 8.65% | -39.15% | 7.52% | -15.47% | 30.21% | -11.05% |
UJB ProShares Ultra High Yield | -1.29% | 12.22% | 9.41% | 17.70% | -23.27% | 6.96% | 5.19% | 26.68% | -9.60% |
Returns By Period
In the year-to-date period, PFFL achieves a -3.25% return, which is significantly lower than UJB's -1.29% return.
PFFL
- 1D
- 1.16%
- 1M
- -6.53%
- YTD
- -3.25%
- 6M
- -4.74%
- 1Y
- 2.41%
- 3Y*
- 2.52%
- 5Y*
- -5.88%
- 10Y*
- —
UJB
- 1D
- 0.42%
- 1M
- -1.73%
- YTD
- -1.29%
- 6M
- -0.22%
- 1Y
- 8.83%
- 3Y*
- 10.38%
- 5Y*
- 2.91%
- 10Y*
- 6.78%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PFFL vs. UJB - Expense Ratio Comparison
PFFL has a 0.85% expense ratio, which is lower than UJB's 1.27% expense ratio.
Return for Risk
PFFL vs. UJB — Risk / Return Rank
PFFL
UJB
PFFL vs. UJB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) and ProShares Ultra High Yield (UJB). 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.
| PFFL | UJB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.12 | 0.82 | -0.69 |
Sortino ratioReturn per unit of downside risk | 0.30 | 1.26 | -0.95 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.19 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.17 | 1.19 | -1.02 |
Martin ratioReturn relative to average drawdown | 0.43 | 5.92 | -5.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PFFL | UJB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.12 | 0.82 | -0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.25 | 0.20 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 0.33 | -0.40 |
Correlation
The correlation between PFFL and UJB is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
PFFL vs. UJB - Dividend Comparison
PFFL's dividend yield for the trailing twelve months is around 13.52%, more than UJB's 3.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFFL ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN | 13.52% | 13.27% | 13.76% | 13.71% | 13.90% | 8.82% | 9.75% | 11.21% | 2.02% | 0.00% | 0.00% | 0.00% |
UJB ProShares Ultra High Yield | 3.42% | 2.61% | 3.02% | 3.92% | 0.05% | 0.63% | 2.88% | 3.95% | 3.22% | 2.67% | 2.35% | 3.62% |
Drawdowns
PFFL vs. UJB - Drawdown Comparison
The maximum PFFL drawdown since its inception was -80.68%, which is greater than UJB's maximum drawdown of -40.14%. Use the drawdown chart below to compare losses from any high point for PFFL and UJB.
Loading graphics...
Drawdown Indicators
| PFFL | UJB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.68% | -40.14% | -40.54% |
Max Drawdown (1Y)Largest decline over 1 year | -11.92% | -7.86% | -4.06% |
Max Drawdown (5Y)Largest decline over 5 years | -48.51% | -30.14% | -18.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.14% | — |
Current DrawdownCurrent decline from peak | -40.40% | -2.52% | -37.88% |
Average DrawdownAverage peak-to-trough decline | -28.32% | -6.23% | -22.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.78% | 1.58% | +3.20% |
Volatility
PFFL vs. UJB - Volatility Comparison
ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) has a higher volatility of 6.91% compared to ProShares Ultra High Yield (UJB) at 4.41%. This indicates that PFFL's price experiences larger fluctuations and is considered to be riskier than UJB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PFFL | UJB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 4.41% | +2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 12.32% | 5.65% | +6.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.43% | 10.88% | +8.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.54% | 14.63% | +8.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.94% | 18.52% | +37.42% |