PST vs. ^TYX
Compare and contrast key facts about ProShares UltraShort 7-10 Year Treasury (PST) and Treasury Yield 30 Years (^TYX).
PST is a passively managed fund by ProShares that tracks the performance of the ICE BofA US Treasury (7-10 Y) (-200%). It was launched on May 1, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PST or ^TYX.
Performance
PST vs. ^TYX - Performance Comparison
Returns By Period
In the year-to-date period, PST achieves a 8.51% return, which is significantly lower than ^TYX's 10.65% return. Over the past 10 years, PST has underperformed ^TYX with an annualized return of 0.26%, while ^TYX has yielded a comparatively higher 4.23% annualized return.
PST
8.51%
0.69%
-1.68%
-0.50%
6.01%
0.26%
^TYX
10.65%
-1.16%
-2.76%
-3.39%
14.93%
4.23%
Key characteristics
| PST | ^TYX | |
|---|---|---|
| Sharpe Ratio | -0.03 | -0.07 |
| Sortino Ratio | 0.05 | 0.04 |
| Omega Ratio | 1.01 | 1.00 |
| Calmar Ratio | -0.01 | -0.03 |
| Martin Ratio | -0.08 | -0.18 |
| Ulcer Index | 6.31% | 8.26% |
| Daily Std Dev | 14.40% | 20.06% |
| Max Drawdown | -79.25% | -88.52% |
| Current Drawdown | -65.31% | -45.50% |
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Correlation
The correlation between PST and ^TYX is 0.86, 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.
Risk-Adjusted Performance
PST vs. ^TYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort 7-10 Year Treasury (PST) and Treasury Yield 30 Years (^TYX). 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.
Drawdowns
PST vs. ^TYX - Drawdown Comparison
The maximum PST drawdown since its inception was -79.25%, smaller than the maximum ^TYX drawdown of -88.52%. Use the drawdown chart below to compare losses from any high point for PST and ^TYX. For additional features, visit the drawdowns tool.
Volatility
PST vs. ^TYX - Volatility Comparison
The current volatility for ProShares UltraShort 7-10 Year Treasury (PST) is 4.53%, while Treasury Yield 30 Years (^TYX) has a volatility of 6.78%. This indicates that PST experiences smaller price fluctuations and is considered to be less risky than ^TYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.