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TBF vs. EDV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TBF and EDV is 0.94, 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.


-0.50.00.51.0
Correlation: 0.9

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Performance

TBF vs. EDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Short 20+ Year Treasury (TBF) and Vanguard Extended Duration Treasury ETF (EDV). The values are adjusted to include any dividend payments, if applicable.

-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-13.36%
-43.91%
VHGEX
WGFIX

Key characteristics

Sharpe Ratio

TBF:

0.09

EDV:

0.19

Sortino Ratio

TBF:

0.23

EDV:

0.40

Omega Ratio

TBF:

1.02

EDV:

1.04

Calmar Ratio

TBF:

0.02

EDV:

0.06

Martin Ratio

TBF:

0.21

EDV:

0.36

Ulcer Index

TBF:

5.68%

EDV:

10.10%

Daily Std Dev

TBF:

13.69%

EDV:

19.59%

Max Drawdown

TBF:

-70.40%

EDV:

-59.96%

Current Drawdown

TBF:

-48.52%

EDV:

-50.80%

Returns By Period

In the year-to-date period, TBF achieves a -5.71% return, which is significantly lower than EDV's 8.19% return. Over the past 10 years, TBF has outperformed EDV with an annualized return of 0.98%, while EDV has yielded a comparatively lower -2.15% annualized return.


TBF

YTD

-5.71%

1M

-2.22%

6M

3.54%

1Y

1.84%

5Y*

11.03%

10Y*

0.98%

EDV

YTD

8.19%

1M

2.96%

6M

-3.00%

1Y

2.57%

5Y*

-12.67%

10Y*

-2.15%

*Annualized

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ProShares Short 20+ Year Treasury

TBF vs. EDV - Expense Ratio Comparison

TBF has a 0.94% expense ratio, which is higher than EDV's 0.06% expense ratio.


Expense ratio chart for TBF: current value is 0.94%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TBF: 0.94%
Expense ratio chart for EDV: current value is 0.06%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EDV: 0.06%

Risk-Adjusted Performance

TBF vs. EDV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TBF
The Risk-Adjusted Performance Rank of TBF is 3434
Overall Rank
The Sharpe Ratio Rank of TBF is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of TBF is 3535
Sortino Ratio Rank
The Omega Ratio Rank of TBF is 3333
Omega Ratio Rank
The Calmar Ratio Rank of TBF is 3333
Calmar Ratio Rank
The Martin Ratio Rank of TBF is 3434
Martin Ratio Rank

EDV
The Risk-Adjusted Performance Rank of EDV is 3939
Overall Rank
The Sharpe Ratio Rank of EDV is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of EDV is 4343
Sortino Ratio Rank
The Omega Ratio Rank of EDV is 4040
Omega Ratio Rank
The Calmar Ratio Rank of EDV is 3434
Calmar Ratio Rank
The Martin Ratio Rank of EDV is 3636
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TBF vs. EDV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Short 20+ Year Treasury (TBF) and Vanguard Extended Duration Treasury ETF (EDV). 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.


The chart of Sharpe ratio for VHGEX, currently valued at -0.41, compared to the broader market-1.000.001.002.003.004.00
VHGEX: -0.41
WGFIX: -1.11
The chart of Sortino ratio for VHGEX, currently valued at -0.43, compared to the broader market-2.000.002.004.006.008.0010.00
VHGEX: -0.43
WGFIX: -1.25
The chart of Omega ratio for VHGEX, currently valued at 0.94, compared to the broader market0.501.001.502.002.50
VHGEX: 0.94
WGFIX: 0.66
The chart of Calmar ratio for VHGEX, currently valued at -0.39, compared to the broader market0.005.0010.0015.00
VHGEX: -0.39
WGFIX: -0.78
The chart of Martin ratio for VHGEX, currently valued at -1.94, compared to the broader market0.0020.0040.0060.0080.00
VHGEX: -1.94
WGFIX: -2.13

The current TBF Sharpe Ratio is 0.09, which is lower than the EDV Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of TBF and EDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.41
-1.11
VHGEX
WGFIX

Dividends

TBF vs. EDV - Dividend Comparison

TBF's dividend yield for the trailing twelve months is around 4.51%, more than EDV's 4.38% yield.


TTM20242023202220212020201920182017201620152014

Drawdowns

TBF vs. EDV - Drawdown Comparison

The maximum TBF drawdown since its inception was -70.40%, which is greater than EDV's maximum drawdown of -59.96%. Use the drawdown chart below to compare losses from any high point for TBF and EDV. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-17.37%
-55.20%
VHGEX
WGFIX

Volatility

TBF vs. EDV - Volatility Comparison

The current volatility for ProShares Short 20+ Year Treasury (TBF) is NaN%, while Vanguard Extended Duration Treasury ETF (EDV) has a volatility of NaN%. This indicates that TBF experiences smaller price fluctuations and is considered to be less risky than EDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2025FebruaryMarchApril
9.07%
8.67%
VHGEX
WGFIX

User Portfolios with TBF or EDV


BB50/50
-5%
YTD
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