TBX vs. FXAIX
Compare and contrast key facts about ProShares Short 7-10 Year Treasury (TBX) and Fidelity 500 Index Fund (FXAIX).
TBX is a passively managed fund by ProShares that tracks the performance of the ICE BofA US Treasury (7-10 Y) (-100%). It was launched on Apr 4, 2011. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TBX or FXAIX.
Correlation
The correlation between TBX and FXAIX is 0.20, 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
TBX vs. FXAIX - Performance Comparison
Key characteristics
TBX:
0.83
FXAIX:
1.87
TBX:
1.25
FXAIX:
2.52
TBX:
1.14
FXAIX:
1.34
TBX:
0.23
FXAIX:
2.82
TBX:
2.03
FXAIX:
11.69
TBX:
2.77%
FXAIX:
2.04%
TBX:
6.78%
FXAIX:
12.77%
TBX:
-41.03%
FXAIX:
-33.79%
TBX:
-18.57%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, TBX achieves a 0.07% return, which is significantly lower than FXAIX's 4.63% return. Over the past 10 years, TBX has underperformed FXAIX with an annualized return of 0.97%, while FXAIX has yielded a comparatively higher 13.14% annualized return.
TBX
0.07%
-0.72%
7.12%
5.27%
4.85%
0.97%
FXAIX
4.63%
2.57%
10.02%
25.15%
14.81%
13.14%
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TBX vs. FXAIX - Expense Ratio Comparison
TBX has a 0.95% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
TBX vs. FXAIX — Risk-Adjusted Performance Rank
TBX
FXAIX
TBX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short 7-10 Year Treasury (TBX) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
TBX vs. FXAIX - Dividend Comparison
TBX's dividend yield for the trailing twelve months is around 6.58%, more than FXAIX's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBX ProShares Short 7-10 Year Treasury | 6.58% | 6.58% | 4.06% | 0.40% | 0.00% | 0.10% | 1.53% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.19% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
TBX vs. FXAIX - Drawdown Comparison
The maximum TBX drawdown since its inception was -41.03%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for TBX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
TBX vs. FXAIX - Volatility Comparison
The current volatility for ProShares Short 7-10 Year Treasury (TBX) is 1.52%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.06%. This indicates that TBX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.