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TBX vs. VGIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TBX and VGIT is -0.87. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.9

Performance

TBX vs. VGIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Short 7-10 Year Treasury (TBX) and Vanguard Intermediate-Term Treasury ETF (VGIT). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
-17.69%
27.22%
TBX
VGIT

Key characteristics

Sharpe Ratio

TBX:

1.10

VGIT:

0.38

Sortino Ratio

TBX:

1.69

VGIT:

0.57

Omega Ratio

TBX:

1.19

VGIT:

1.07

Calmar Ratio

TBX:

0.30

VGIT:

0.15

Martin Ratio

TBX:

2.85

VGIT:

0.98

Ulcer Index

TBX:

2.73%

VGIT:

1.84%

Daily Std Dev

TBX:

7.05%

VGIT:

4.72%

Max Drawdown

TBX:

-41.04%

VGIT:

-16.05%

Current Drawdown

TBX:

-19.07%

VGIT:

-8.82%

Returns By Period

In the year-to-date period, TBX achieves a 7.92% return, which is significantly higher than VGIT's 1.20% return. Over the past 10 years, TBX has underperformed VGIT with an annualized return of 0.80%, while VGIT has yielded a comparatively higher 1.08% annualized return.


TBX

YTD

7.92%

1M

0.74%

6M

3.75%

1Y

8.02%

5Y*

4.00%

10Y*

0.80%

VGIT

YTD

1.20%

1M

-0.19%

6M

1.10%

1Y

1.71%

5Y*

-0.17%

10Y*

1.08%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TBX vs. VGIT - Expense Ratio Comparison

TBX has a 0.95% expense ratio, which is higher than VGIT's 0.04% expense ratio.


TBX
ProShares Short 7-10 Year Treasury
Expense ratio chart for TBX: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for VGIT: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

TBX vs. VGIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Short 7-10 Year Treasury (TBX) and Vanguard Intermediate-Term Treasury ETF (VGIT). 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.


Sharpe ratio
The chart of Sharpe ratio for TBX, currently valued at 1.10, compared to the broader market0.002.004.001.100.38
The chart of Sortino ratio for TBX, currently valued at 1.69, compared to the broader market-2.000.002.004.006.008.0010.001.690.57
The chart of Omega ratio for TBX, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.07
The chart of Calmar ratio for TBX, currently valued at 0.30, compared to the broader market0.005.0010.0015.000.300.15
The chart of Martin ratio for TBX, currently valued at 2.85, compared to the broader market0.0020.0040.0060.0080.00100.002.850.98
TBX
VGIT

The current TBX Sharpe Ratio is 1.10, which is higher than the VGIT Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of TBX and VGIT, 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-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.10
0.38
TBX
VGIT

Dividends

TBX vs. VGIT - Dividend Comparison

TBX's dividend yield for the trailing twelve months is around 5.41%, more than VGIT's 3.63% yield.


TTM20232022202120202019201820172016201520142013
TBX
ProShares Short 7-10 Year Treasury
5.41%4.06%0.40%0.00%0.10%1.53%0.72%0.00%0.00%0.00%0.00%0.00%
VGIT
Vanguard Intermediate-Term Treasury ETF
3.63%2.72%1.74%1.69%2.23%2.24%2.05%1.67%1.69%1.69%1.54%1.63%

Drawdowns

TBX vs. VGIT - Drawdown Comparison

The maximum TBX drawdown since its inception was -41.04%, which is greater than VGIT's maximum drawdown of -16.05%. Use the drawdown chart below to compare losses from any high point for TBX and VGIT. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-19.07%
-8.82%
TBX
VGIT

Volatility

TBX vs. VGIT - Volatility Comparison

ProShares Short 7-10 Year Treasury (TBX) has a higher volatility of 2.05% compared to Vanguard Intermediate-Term Treasury ETF (VGIT) at 1.23%. This indicates that TBX's price experiences larger fluctuations and is considered to be riskier than VGIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
2.05%
1.23%
TBX
VGIT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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