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PST vs. PULS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PST vs. PULS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort 7-10 Year Treasury (PST) and PGIM Ultra Short Bond ETF (PULS). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
0.44%
2.91%
PST
PULS

Returns By Period

In the year-to-date period, PST achieves a 10.84% return, which is significantly higher than PULS's 5.54% return.


PST

YTD

10.84%

1M

3.12%

6M

0.44%

1Y

2.65%

5Y (annualized)

6.48%

10Y (annualized)

0.36%

PULS

YTD

5.54%

1M

0.47%

6M

2.91%

1Y

6.41%

5Y (annualized)

3.11%

10Y (annualized)

N/A

Key characteristics


PSTPULS
Sharpe Ratio0.1912.22
Sortino Ratio0.3730.10
Omega Ratio1.047.86
Calmar Ratio0.0463.55
Martin Ratio0.40391.98
Ulcer Index6.64%0.02%
Daily Std Dev14.28%0.52%
Max Drawdown-79.25%-5.85%
Current Drawdown-64.56%0.00%

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PST vs. PULS - Expense Ratio Comparison

PST has a 0.95% expense ratio, which is higher than PULS's 0.15% expense ratio.


PST
ProShares UltraShort 7-10 Year Treasury
Expense ratio chart for PST: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for PULS: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Correlation

-0.50.00.51.0-0.2

The correlation between PST and PULS is -0.23. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Risk-Adjusted Performance

PST vs. PULS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort 7-10 Year Treasury (PST) and PGIM Ultra Short Bond ETF (PULS). 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.


Sharpe ratio
The chart of Sharpe ratio for PST, currently valued at 0.19, compared to the broader market0.002.004.000.1912.22
The chart of Sortino ratio for PST, currently valued at 0.37, compared to the broader market-2.000.002.004.006.008.0010.0012.000.3730.10
The chart of Omega ratio for PST, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.047.86
The chart of Calmar ratio for PST, currently valued at 0.16, compared to the broader market0.005.0010.0015.000.1663.55
The chart of Martin ratio for PST, currently valued at 0.40, compared to the broader market0.0020.0040.0060.0080.00100.00120.000.40391.98
PST
PULS

The current PST Sharpe Ratio is 0.19, which is lower than the PULS Sharpe Ratio of 12.22. The chart below compares the historical Sharpe Ratios of PST and PULS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.002.004.006.008.0010.0012.00JuneJulyAugustSeptemberOctoberNovember
0.19
12.22
PST
PULS

Dividends

PST vs. PULS - Dividend Comparison

PST's dividend yield for the trailing twelve months is around 3.81%, less than PULS's 5.69% yield.


TTM202320222021202020192018
PST
ProShares UltraShort 7-10 Year Treasury
3.81%3.70%0.02%0.00%0.11%1.86%0.67%
PULS
PGIM Ultra Short Bond ETF
5.69%5.48%2.30%1.19%1.85%2.92%1.87%

Drawdowns

PST vs. PULS - Drawdown Comparison

The maximum PST drawdown since its inception was -79.25%, which is greater than PULS's maximum drawdown of -5.85%. Use the drawdown chart below to compare losses from any high point for PST and PULS. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.13%
0
PST
PULS

Volatility

PST vs. PULS - Volatility Comparison

ProShares UltraShort 7-10 Year Treasury (PST) has a higher volatility of 3.95% compared to PGIM Ultra Short Bond ETF (PULS) at 0.13%. This indicates that PST's price experiences larger fluctuations and is considered to be riskier than PULS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.95%
0.13%
PST
PULS