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.
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.
Performance
PST vs. ^TYX - Performance Comparison
Key characteristics
PST:
-0.27
^TYX:
0.15
PST:
-0.29
^TYX:
0.36
PST:
0.97
^TYX:
1.04
PST:
-0.05
^TYX:
0.06
PST:
-0.54
^TYX:
0.37
PST:
6.82%
^TYX:
7.76%
PST:
13.66%
^TYX:
19.03%
PST:
-79.25%
^TYX:
-88.52%
PST:
-65.43%
^TYX:
-41.93%
Returns By Period
In the year-to-date period, PST achieves a -3.69% return, which is significantly lower than ^TYX's -1.00% return. Over the past 10 years, PST has underperformed ^TYX with an annualized return of 0.84%, while ^TYX has yielded a comparatively higher 5.76% annualized return.
PST
-3.69%
-1.67%
0.35%
-4.93%
10.17%
0.84%
^TYX
-1.00%
1.17%
5.31%
-1.70%
31.38%
5.76%
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.
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 5.80%, while Treasury Yield 30 Years (^TYX) has a volatility of 8.04%. 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.