URTY vs. TYD
URTY (ProShares UltraPro Russell2000) and TYD (Direxion Daily 7-10 Year Treasury Bull 3X) are both exchange-traded funds - URTY is a Leveraged Equities fund tracking the Russell 2000 Index (300%), while TYD is a Leveraged Bonds fund tracking the NYSE 7-10 Year Treasury Bond Index. Both are passively managed. Over the past 10 years, URTY returned 9.56%/yr vs -5.34%/yr for TYD. At a correlation of -0.18, they often move in opposite directions. URTY charges 0.95%/yr vs 1.09%/yr for TYD.
Performance
URTY vs. TYD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, URTY achieves a 56.97% return, which is significantly higher than TYD's -7.02% return. Over the past 10 years, URTY has outperformed TYD with an annualized return of 9.56%, while TYD has yielded a comparatively lower -5.34% annualized return.
URTY
- 1D
- -2.91%
- 1M
- 9.67%
- YTD
- 56.97%
- 6M
- 45.90%
- 1Y
- 125.23%
- 3Y*
- 31.82%
- 5Y*
- -6.44%
- 10Y*
- 9.56%
TYD
- 1D
- -0.47%
- 1M
- 0.30%
- YTD
- -7.02%
- 6M
- -7.06%
- 1Y
- -2.87%
- 3Y*
- -4.91%
- 5Y*
- -13.23%
- 10Y*
- -5.34%
URTY vs. TYD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
URTY ProShares UltraPro Russell2000 | 56.97% | 9.26% | 7.38% | 24.43% | -62.81% | 28.47% | -7.72% | 72.37% | -39.59% | 38.85% |
TYD Direxion Daily 7-10 Year Treasury Bull 3X | -7.02% | 11.68% | -13.89% | -2.87% | -43.32% | -11.36% | 27.62% | 17.88% | 0.76% | 5.64% |
Correlation
The correlation between URTY and TYD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2010 | -0.18 |
The correlation between URTY and TYD shifts across timeframes, from -0.18 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
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
URTY vs. TYD — Risk / Return Rank
URTY
TYD
URTY vs. TYD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Russell2000 (URTY) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD). 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.
| URTY | TYD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.35 | ||
| Sortino ratioReturn per unit of downside risk | +2.78 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.98 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | -0.21 | +4.08 |
| Martin ratioReturn relative to average drawdown | 12.67 | -0.52 | +13.19 |
Loading charts...
Drawdowns
URTY vs. TYD - Drawdown Comparison
The maximum URTY drawdown since its inception was -88.09%, which is greater than TYD's maximum drawdown of -64.28%. Use the drawdown chart below to compare losses from any high point for URTY and TYD.
Loading charts...
Drawdown Indicators
| URTY | TYD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.09% | -64.28% | -23.81% |
Max Drawdown (1Y)Largest decline over 1 year | -32.56% | -13.54% | -19.02% |
Max Drawdown (3Y)Largest decline over 3 years | -65.85% | -24.62% | -41.23% |
Max Drawdown (5Y)Largest decline over 5 years | -82.76% | -59.84% | -22.92% |
Max Drawdown (10Y)Largest decline over 10 years | -88.09% | -64.28% | -23.81% |
Current DrawdownCurrent decline from peak | -35.38% | -59.59% | +24.21% |
Average DrawdownAverage peak-to-trough decline | -34.79% | -22.05% | -12.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.92% | 5.54% | +4.38% |
Volatility
URTY vs. TYD - Volatility Comparison
ProShares UltraPro Russell2000 (URTY) has a higher volatility of 19.76% compared to Direxion Daily 7-10 Year Treasury Bull 3X (TYD) at 4.04%. This indicates that URTY's price experiences larger fluctuations and is considered to be riskier than TYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| URTY | TYD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.76% | 4.04% | +15.72% |
Volatility (6M)Calculated over the trailing 6-month period | 42.77% | 9.96% | +32.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.97% | 13.85% | +45.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.67% | 22.98% | +44.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.41% | 20.33% | +49.08% |
URTY vs. TYD - Expense Ratio Comparison
URTY has a 0.95% expense ratio, which is lower than TYD's 1.09% expense ratio.
Dividends
URTY vs. TYD - Dividend Comparison
URTY's dividend yield for the trailing twelve months is around 0.60%, less than TYD's 3.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TYD Direxion Daily 7-10 Year Treasury Bull 3X | 3.26% | 2.97% | 3.10% | 2.71% | 0.55% | 0.00% | 9.80% | 0.92% | 1.10% | 0.01% | 6.84% | 1.65% |
URTY ProShares UltraPro Russell2000 | 0.60% | 1.02% | 1.16% | 0.55% | 0.28% | 0.00% | 0.00% | 0.18% | 0.28% | 0.00% | 0.03% | 0.00% |
Frequently Asked Questions
URTY and TYD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
URTY has higher volatility (19.76%) compared to TYD (4.04%). In terms of maximum drawdown, URTY dropped -88.09% vs TYD's -64.28%.
On 10-year performance, URTY leads with 9.56% vs -5.34% for TYD. On fees, URTY is cheaper at 0.95% per year. On volatility, TYD has been the lower-risk option at 4.04%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, URTY has performed better with a 9.56% return vs -5.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
URTY is cheaper with a 0.95% expense ratio, compared with 1.09% for TYD.
TYD has the higher dividend yield at 3.26%, compared with 0.60% for URTY.
URTY is categorized as Leveraged Equities, while TYD is Leveraged Bonds. URTY tracks Russell 2000 Index (300%), while TYD tracks NYSE 7-10 Year Treasury Bond Index. They also come from different issuers: ProShares and Direxion. Their fees differ too: 0.95% for URTY and 1.09% for TYD.
URTY currently has the higher Sharpe Ratio (2.14 vs -0.21), 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.
Find the right allocation for URTY and TYD
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