UJB vs. TSYW
UJB (ProShares Ultra High Yield) and TSYW (Roundhill Treasury Bond WeeklyPay ETF) are both Leveraged Bonds funds. UJB is passively managed, while TSYW is actively managed. A 0.58 correlation means they provide meaningful diversification when combined. UJB charges 0.95%/yr vs 0.99%/yr for TSYW.
Performance
UJB vs. TSYW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UJB achieves a 1.07% return, which is significantly higher than TSYW's -1.07% return.
UJB
- 1D
- -0.12%
- 1M
- 0.61%
- YTD
- 1.07%
- 6M
- 1.41%
- 1Y
- 7.39%
- 3Y*
- 12.18%
- 5Y*
- 2.81%
- 10Y*
- 5.51%
TSYW
- 1D
- 0.18%
- 1M
- 2.49%
- YTD
- -1.07%
- 6M
- -1.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UJB vs. TSYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UJB ProShares Ultra High Yield | 1.07% | 1.55% |
TSYW Roundhill Treasury Bond WeeklyPay ETF | -1.07% | -3.37% |
Correlation
The correlation between UJB and TSYW is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025 | 0.58 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UJB vs. TSYW — Risk / Return Rank
UJB
TSYW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
UJB vs. TSYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra High Yield (UJB) and Roundhill Treasury Bond WeeklyPay ETF (TSYW). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UJB | TSYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.19 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | — | — |
| Martin ratioReturn relative to average drawdown | 6.23 | — | — |
Loading charts...
Drawdowns
UJB vs. TSYW - Drawdown Comparison
The maximum UJB drawdown since its inception was -40.14%, which is greater than TSYW's maximum drawdown of -9.79%. Use the drawdown chart below to compare losses from any high point for UJB and TSYW.
Loading charts...
Drawdown Indicators
| UJB | TSYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.14% | -9.79% | -30.35% |
Max Drawdown (1Y)Largest decline over 1 year | -5.01% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -9.47% | — | — |
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 | -0.59% | -5.48% | +4.89% |
Average DrawdownAverage peak-to-trough decline | -6.15% | -4.18% | -1.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | — | — |
Volatility
UJB vs. TSYW - Volatility Comparison
Loading charts...
Volatility by Period
| UJB | TSYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.96% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.90% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.37% | 10.73% | -3.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.69% | 10.73% | +3.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.02% | 10.73% | +7.29% |
UJB vs. TSYW - Expense Ratio Comparison
UJB has a 0.95% expense ratio, which is lower than TSYW's 0.99% expense ratio.
Dividends
UJB vs. TSYW - Dividend Comparison
UJB's dividend yield for the trailing twelve months is around 3.34%, less than TSYW's 8.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSYW Roundhill Treasury Bond WeeklyPay ETF | 8.18% | 1.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UJB ProShares Ultra High Yield | 3.34% | 2.61% | 3.02% | 3.92% | 0.05% | 0.63% | 2.88% | 3.95% | 3.22% | 2.67% | 2.35% | 3.62% |
Frequently Asked Questions
UJB and TSYW have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UJB is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UJB is cheaper with a 0.95% expense ratio, compared with 0.99% for TSYW.
TSYW has the higher dividend yield at 8.18%, compared with 3.34% for UJB.
They also come from different issuers: ProShares and Roundhill. Their fees differ too: 0.95% for UJB and 0.99% for TSYW.
Find the right allocation for UJB and TSYW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer