UJB vs. TSLT
Compare and contrast key facts about ProShares Ultra High Yield (UJB) and T-Rex 2X Long Tesla Daily Target ETF (TSLT).
UJB and TSLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UJB is a passively managed fund by ProShares that tracks the performance of the iBoxx $ Liquid High Yield Index (200%). It was launched on Apr 13, 2011. TSLT is an actively managed fund by T-Rex. It was launched on Oct 18, 2023.
Performance
UJB vs. TSLT - Performance Comparison
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UJB vs. TSLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UJB ProShares Ultra High Yield | -1.70% | 12.22% | 9.41% | 18.36% |
TSLT T-Rex 2X Long Tesla Daily Target ETF | -36.32% | -29.49% | 54.17% | 20.11% |
Returns By Period
In the year-to-date period, UJB achieves a -1.70% return, which is significantly higher than TSLT's -36.32% return.
UJB
- 1D
- 1.90%
- 1M
- -2.13%
- YTD
- -1.70%
- 6M
- -0.35%
- 1Y
- 8.89%
- 3Y*
- 10.23%
- 5Y*
- 2.83%
- 10Y*
- 6.73%
TSLT
- 1D
- 9.18%
- 1M
- -16.84%
- YTD
- -36.32%
- 6M
- -40.73%
- 1Y
- 30.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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UJB vs. TSLT - Expense Ratio Comparison
UJB has a 1.27% expense ratio, which is higher than TSLT's 1.05% expense ratio.
Return for Risk
UJB vs. TSLT — Risk / Return Rank
UJB
TSLT
UJB vs. TSLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra High Yield (UJB) and T-Rex 2X Long Tesla Daily Target ETF (TSLT). 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.
| UJB | TSLT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 0.28 | +0.55 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.21 | +0.06 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.15 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.16 | 0.50 | +0.66 |
Martin ratioReturn relative to average drawdown | 5.81 | 1.06 | +4.75 |
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
| UJB | TSLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 0.28 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | -0.06 | +0.39 |
Correlation
The correlation between UJB and TSLT is 0.39, 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.
Dividends
UJB vs. TSLT - Dividend Comparison
UJB's dividend yield for the trailing twelve months is around 3.44%, while TSLT has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UJB ProShares Ultra High Yield | 3.44% | 2.61% | 3.02% | 3.92% | 0.05% | 0.63% | 2.88% | 3.95% | 3.22% | 2.67% | 2.35% | 3.62% |
TSLT T-Rex 2X Long Tesla Daily Target 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% |
Drawdowns
UJB vs. TSLT - Drawdown Comparison
The maximum UJB drawdown since its inception was -40.14%, smaller than the maximum TSLT drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for UJB and TSLT.
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Drawdown Indicators
| UJB | TSLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.14% | -83.16% | +43.02% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -51.40% | +43.54% |
Max Drawdown (5Y)Largest decline over 5 years | -30.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.14% | — | — |
Current DrawdownCurrent decline from peak | -2.92% | -69.07% | +66.15% |
Average DrawdownAverage peak-to-trough decline | -6.23% | -49.13% | +42.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 24.16% | -22.59% |
Volatility
UJB vs. TSLT - Volatility Comparison
The current volatility for ProShares Ultra High Yield (UJB) is 4.39%, while T-Rex 2X Long Tesla Daily Target ETF (TSLT) has a volatility of 22.37%. This indicates that UJB experiences smaller price fluctuations and is considered to be less risky than TSLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UJB | TSLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.39% | 22.37% | -17.98% |
Volatility (6M)Calculated over the trailing 6-month period | 5.63% | 59.16% | -53.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.87% | 110.56% | -99.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.63% | 119.13% | -104.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.52% | 119.13% | -100.61% |