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 0.86, 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.
Performance
PST vs. ^TYX - Performance Comparison
Key characteristics
PST:
-0.25
^TYX:
-0.30
PST:
-0.26
^TYX:
-0.31
PST:
0.97
^TYX:
0.97
PST:
-0.05
^TYX:
-0.10
PST:
-0.51
^TYX:
-0.62
PST:
6.60%
^TYX:
8.65%
PST:
13.44%
^TYX:
18.46%
PST:
-79.25%
^TYX:
-88.52%
PST:
-66.62%
^TYX:
-45.03%
Returns By Period
In the year-to-date period, PST achieves a -7.01% return, which is significantly lower than ^TYX's -6.29% return. Over the past 10 years, PST has underperformed ^TYX with an annualized return of 0.58%, while ^TYX has yielded a comparatively higher 5.60% annualized return.
PST
-7.01%
-3.22%
2.90%
-3.22%
9.28%
0.58%
^TYX
-6.29%
-0.71%
7.30%
-0.53%
29.24%
5.60%
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 4.21%, while Treasury Yield 30 Years (^TYX) has a volatility of 4.86%. 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.