Correlation
The correlation between PST and ^TYX is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
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
Loading data...
Key characteristics
PST:
-0.15
^TYX:
0.19
PST:
0.10
^TYX:
0.69
PST:
1.01
^TYX:
1.08
PST:
0.00
^TYX:
0.14
PST:
0.00
^TYX:
1.08
PST:
6.62%
^TYX:
6.61%
PST:
14.43%
^TYX:
19.21%
PST:
-79.25%
^TYX:
-88.52%
PST:
-64.71%
^TYX:
-39.66%
Returns By Period
In the year-to-date period, PST achieves a -1.68% return, which is significantly lower than ^TYX's 2.86% return. Over the past 10 years, PST has underperformed ^TYX with an annualized return of 0.82%, while ^TYX has yielded a comparatively higher 5.25% annualized return.
PST
-1.68%
3.53%
1.86%
-2.17%
9.85%
10.60%
0.82%
^TYX
2.86%
5.92%
11.20%
3.77%
18.32%
28.47%
5.25%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
PST vs. ^TYX — Risk-Adjusted Performance Rank
PST
^TYX
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.
Loading data...
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.
Loading data...
Volatility
PST vs. ^TYX - Volatility Comparison
ProShares UltraShort 7-10 Year Treasury (PST) has a higher volatility of 5.77% compared to Treasury Yield 30 Years (^TYX) at 4.73%. This indicates that PST's price experiences larger fluctuations and is considered to be riskier than ^TYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...