TINT vs. UVXY
TINT (ProShares Smart Materials ETF) and UVXY (ProShares Ultra VIX Short-Term Futures ETF) are both exchange-traded funds - TINT is a Energy Equities fund tracking the Solactive Smart Materials Index - Benchmark TR Net, while UVXY is a Volatility fund tracking the S&P 500 VIX SHORT-TERM FUTURES TR (150%). Both are passively managed. Over the past 3 years, TINT returned 10.12%/yr vs -64.55%/yr for UVXY. At a correlation of -0.63, they often move in opposite directions. TINT charges 0.58%/yr vs 0.95%/yr for UVXY.
Performance
TINT vs. UVXY - Performance Comparison
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Returns By Period
In the year-to-date period, TINT achieves a 25.24% return, which is significantly higher than UVXY's -19.06% return.
TINT
- 1D
- -2.01%
- 1M
- 9.06%
- YTD
- 25.24%
- 6M
- 25.40%
- 1Y
- 44.33%
- 3Y*
- 10.12%
- 5Y*
- —
- 10Y*
- —
UVXY
- 1D
- -0.24%
- 1M
- -22.10%
- YTD
- -19.06%
- 6M
- -37.37%
- 1Y
- -72.91%
- 3Y*
- -64.55%
- 5Y*
- -67.90%
- 10Y*
- -72.67%
TINT vs. UVXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TINT ProShares Smart Materials ETF | 25.24% | 16.13% | -13.37% | 20.04% | -28.14% | 1.71% |
UVXY ProShares Ultra VIX Short-Term Futures ETF | -19.06% | -65.32% | -50.90% | -87.70% | -44.81% | -27.18% |
Correlation
The correlation between TINT and UVXY is -0.51, 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 | -0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.58 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021 | -0.63 |
The correlation between TINT and UVXY shifts across timeframes, from -0.63 (all time) to -0.51 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
TINT vs. UVXY — Risk / Return Rank
TINT
UVXY
TINT vs. UVXY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Smart Materials ETF (TINT) 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.
| TINT | UVXY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.74 | ||
| Sortino ratioReturn per unit of downside risk | +4.17 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.82 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | -0.97 | +3.51 |
| Martin ratioReturn relative to average drawdown | 9.21 | -1.31 | +10.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TINT | UVXY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | -0.87 | +2.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.66 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | -0.68 | +0.77 |
Drawdowns
TINT vs. UVXY - Drawdown Comparison
The maximum TINT drawdown since its inception was -41.36%, smaller than the maximum UVXY drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for TINT and UVXY.
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Drawdown Indicators
| TINT | UVXY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.36% | -100.00% | +58.64% |
Max Drawdown (1Y)Largest decline over 1 year | -17.53% | -75.22% | +57.69% |
Max Drawdown (3Y)Largest decline over 3 years | -30.42% | -95.45% | +65.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -99.68% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -100.00% | — |
Current DrawdownCurrent decline from peak | -2.01% | -100.00% | +97.99% |
Average DrawdownAverage peak-to-trough decline | -21.14% | -98.55% | +77.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.83% | 55.63% | -50.80% |
Volatility
TINT vs. UVXY - Volatility Comparison
The current volatility for ProShares Smart Materials ETF (TINT) is 10.66%, while ProShares Ultra VIX Short-Term Futures ETF (UVXY) has a volatility of 11.77%. This indicates that TINT 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
| TINT | UVXY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.66% | 11.77% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 19.90% | 62.64% | -42.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.75% | 84.42% | -60.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.46% | 103.85% | -80.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.46% | 113.82% | -90.36% |
TINT vs. UVXY - Expense Ratio Comparison
TINT has a 0.58% expense ratio, which is lower than UVXY's 0.95% expense ratio.
Dividends
TINT vs. UVXY - Dividend Comparison
TINT's dividend yield for the trailing twelve months is around 0.98%, while UVXY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
TINT ProShares Smart Materials ETF | 0.98% | 1.27% | 1.47% | 0.99% | 1.36% |
UVXY ProShares Ultra VIX Short-Term Futures ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TINT and UVXY have a correlation of -0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UVXY has higher volatility (11.77%) compared to TINT (10.66%). In terms of maximum drawdown, TINT dropped -41.36% vs UVXY's -100.00%.
On 3-year performance, TINT leads with 10.12% vs -64.55% for UVXY. On fees, TINT is cheaper at 0.58% per year. On volatility, TINT has been the lower-risk option at 10.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, TINT has performed better with a 10.12% return vs -64.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TINT is cheaper with a 0.58% expense ratio, compared with 0.95% for UVXY.
TINT has the higher dividend yield at 0.98%, compared with 0.00% for UVXY.
TINT is categorized as Energy Equities, while UVXY is Volatility. TINT tracks Solactive Smart Materials Index - Benchmark TR Net, while UVXY tracks S&P 500 VIX SHORT-TERM FUTURES TR (150%). Their fees differ too: 0.58% for TINT and 0.95% for UVXY.
TINT currently has the higher Sharpe Ratio (1.88 vs -0.87), 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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