RINF vs. UVXY
RINF (ProShares Inflation Expectations ETF) and UVXY (ProShares Ultra VIX Short-Term Futures ETF) are both exchange-traded funds - RINF is a Inflation-Protected Bonds fund tracking the FTSE 30-Year TIPS (Treasury Rate-Hedged) Index, while UVXY is a Volatility fund tracking the S&P 500 VIX SHORT-TERM FUTURES TR (150%). Both are passively managed. Over the past 10 years, RINF returned 4.61%/yr vs -72.24%/yr for UVXY. At a correlation of -0.13, they often move in opposite directions. RINF charges 0.30%/yr vs 0.95%/yr for UVXY.
Performance
RINF vs. UVXY - Performance Comparison
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Returns By Period
In the year-to-date period, RINF achieves a 1.79% return, which is significantly higher than UVXY's -36.79% return. Over the past 10 years, RINF has outperformed UVXY with an annualized return of 4.61%, while UVXY has yielded a comparatively lower -72.24% annualized return.
RINF
- 1D
- -0.46%
- 1M
- -0.44%
- 6M
- 1.87%
- YTD
- 1.79%
- 1Y
- 1.25%
- 3Y*
- 3.84%
- 5Y*
- 5.68%
- 10Y*
- 4.61%
UVXY
- 1D
- -4.58%
- 1M
- -11.87%
- 6M
- -38.65%
- YTD
- -36.79%
- 1Y
- -73.68%
- 3Y*
- -62.59%
- 5Y*
- -68.51%
- 10Y*
- -72.24%
RINF vs. UVXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RINF ProShares Inflation Expectations ETF | 1.79% | 1.64% | 9.79% | 0.21% | 8.77% | 16.20% | 1.98% | 1.82% | -0.79% | -1.70% |
UVXY ProShares Ultra VIX Short-Term Futures ETF | -36.79% | -65.32% | -50.90% | -87.70% | -44.81% | -88.33% | -17.38% | -84.23% | 60.10% | -94.17% |
Correlation
The correlation between RINF and UVXY is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2012 | -0.13 |
The correlation between RINF and UVXY shifts across timeframes, from -0.15 (10 years) to -0.00 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
RINF vs. UVXY — Risk / Return Rank
RINF
UVXY
RINF vs. UVXY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Inflation Expectations ETF (RINF) and ProShares Ultra VIX Short-Term Futures ETF (UVXY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RINF | UVXY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +2.06 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.82 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | -1.00 | +1.48 |
| Martin ratioReturn relative to average drawdown | 0.88 | -1.49 | +2.37 |
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Drawdowns
RINF vs. UVXY - Drawdown Comparison
The maximum RINF drawdown since its inception was -43.51%, smaller than the maximum UVXY drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for RINF and UVXY.
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Drawdown Indicators
| RINF | UVXY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.51% | -100.00% | +56.49% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | -73.96% | +71.36% |
Max Drawdown (3Y)Largest decline over 3 years | -9.62% | -95.42% | +85.80% |
Max Drawdown (5Y)Largest decline over 5 years | -13.58% | -99.75% | +86.17% |
Max Drawdown (10Y)Largest decline over 10 years | -29.18% | -100.00% | +70.82% |
Current DrawdownCurrent decline from peak | -1.22% | -100.00% | +98.78% |
Average DrawdownAverage peak-to-trough decline | -16.33% | -98.76% | +82.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 49.34% | -47.92% |
Volatility
RINF vs. UVXY - Volatility Comparison
The current volatility for ProShares Inflation Expectations ETF (RINF) is 1.20%, while ProShares Ultra VIX Short-Term Futures ETF (UVXY) has a volatility of 19.67%. This indicates that RINF experiences smaller price fluctuations and is considered to be less risky than UVXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RINF | UVXY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 19.67% | -18.47% |
Volatility (6M)Calculated over the trailing 6-month period | 2.97% | 66.82% | -63.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.31% | 85.40% | -81.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.62% | 103.84% | -91.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.54% | 112.02% | -99.48% |
RINF vs. UVXY - Expense Ratio Comparison
RINF has a 0.30% expense ratio, which is lower than UVXY's 0.95% expense ratio.
Dividends
RINF vs. UVXY - Dividend Comparison
RINF's dividend yield for the trailing twelve months is around 3.68%, while UVXY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RINF ProShares Inflation Expectations ETF | 3.68% | 3.89% | 4.68% | 5.07% | 1.15% | 2.76% | 0.82% | 1.90% | 2.47% | 2.99% | 1.09% | 1.83% |
UVXY ProShares Ultra VIX Short-Term Futures ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RINF and UVXY have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UVXY has higher volatility (19.67%) compared to RINF (1.20%). In terms of maximum drawdown, RINF dropped -43.51% vs UVXY's -100.00%.
On 10-year performance, RINF leads with 4.61% vs -72.24% for UVXY. On fees, RINF is cheaper at 0.30% per year. On volatility, RINF has been the lower-risk option at 1.20%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RINF has performed better with a 4.61% return vs -72.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RINF is cheaper with a 0.30% expense ratio, compared with 0.95% for UVXY.
RINF has the higher dividend yield at 3.68%, compared with 0.00% for UVXY.
RINF is categorized as Inflation-Protected Bonds, while UVXY is Volatility. RINF tracks FTSE 30-Year TIPS (Treasury Rate-Hedged) Index, while UVXY tracks S&P 500 VIX SHORT-TERM FUTURES TR (150%). Their fees differ too: 0.30% for RINF and 0.95% for UVXY.
RINF currently has the higher Sharpe Ratio (0.29 vs -0.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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