URTY vs. TYD

Last updated Apr 1, 2026

Compare and contrast key facts about ProShares UltraPro Russell2000 (URTY) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD).

URTY and TYD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. URTY is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (300%). It was launched on Feb 9, 2010. TYD is a passively managed fund by Direxion that tracks the performance of the NYSE 7-10 Year Treasury Bond Index. It was launched on Apr 16, 2009. Both URTY and TYD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

URTY vs. TYD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraPro Russell2000 (URTY) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD). The values are adjusted to include any dividend payments, if applicable.

URTY vs. TYD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
URTY ProShares UltraPro Russell2000	-2.90%	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	-3.07%	11.68%	-13.89%	-2.87%	-43.32%	-11.36%	27.62%	17.88%	0.76%	5.64%

Returns By Period

In the year-to-date period, URTY achieves a -2.90% return, which is significantly higher than TYD's -3.07% return. Over the past 10 years, URTY has outperformed TYD with an annualized return of 4.55%, while TYD has yielded a comparatively lower -4.44% annualized return.

URTY

• 1D: 10.50%
• 1M: -16.23%
• YTD: -2.90%
• 6M: -2.24%
• 1Y: 51.62%
• 3Y*: 11.95%
• 5Y*: -13.62%
• 10Y*: 4.55%

TYD

• 1D: 0.45%
• 1M: -7.75%
• YTD: -3.07%
• 6M: -3.16%
• 1Y: -0.42%
• 3Y*: -5.91%
• 5Y*: -11.66%
• 10Y*: -4.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

URTY vs. TYD - Expense Ratio Comparison

URTY has a 0.95% expense ratio, which is lower than TYD's 1.09% expense ratio.

TYD

Direxion Daily 7-10 Year Treasury Bull 3X

URTY

ProShares UltraPro Russell2000

Return for Risk

URTY vs. TYD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

URTY

URTY Risk / Return Rank: 50
URTY Sharpe Ratio Rank: 43
URTY Sortino Ratio Rank: 57
URTY Omega Ratio Rank: 49
URTY Calmar Ratio Rank: 55
URTY Martin Ratio Rank: 46

TYD

TYD Risk / Return Rank: 12
TYD Sharpe Ratio Rank: 12
TYD Sortino Ratio Rank: 11
TYD Omega Ratio Rank: 11
TYD Calmar Ratio Rank: 13
TYD Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	URTY	TYD	Difference
Sharpe ratio Return per unit of total volatility	0.74	-0.03	+0.77
Sortino ratio Return per unit of downside risk	1.41	0.08	+1.33
Omega ratio Gain probability vs. loss probability	1.18	1.01	+0.17
Calmar ratio Return relative to maximum drawdown	1.31	0.04	+1.26
Martin ratio Return relative to average drawdown	4.15	0.09	+4.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

URTY vs. TYD - Sharpe Ratio Comparison

The current URTY Sharpe Ratio is 0.74, which is higher than the TYD Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of URTY and TYD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	URTY	TYD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	-0.03	+0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	-0.51	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	-0.22	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.06	+0.10

Correlation

The correlation between URTY and TYD is -0.19. 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.

Dividends

URTY vs. TYD - Dividend Comparison

URTY's dividend yield for the trailing twelve months is around 0.97%, less than TYD's 3.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
URTY ProShares UltraPro Russell2000	0.97%	1.02%	1.16%	0.55%	0.28%	0.00%	0.00%	0.18%	0.28%	0.00%	0.03%	0.00%
TYD Direxion Daily 7-10 Year Treasury Bull 3X	3.12%	2.97%	3.10%	2.71%	0.55%	0.00%	9.80%	0.92%	1.10%	0.01%	6.84%	1.65%

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.

Drawdown Indicators

	URTY	TYD	Difference
Max Drawdown Largest peak-to-trough decline	-88.09%	-64.28%	-23.81%
Max Drawdown (1Y) Largest decline over 1 year	-37.70%	-10.99%	-26.71%
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 Drawdown Current decline from peak	-60.03%	-57.87%	-2.16%
Average Drawdown Average peak-to-trough decline	-34.67%	-21.57%	-13.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.86%	5.18%	+6.68%

Volatility

URTY vs. TYD - Volatility Comparison

ProShares UltraPro Russell2000 (URTY) has a higher volatility of 22.37% compared to Direxion Daily 7-10 Year Treasury Bull 3X (TYD) at 5.53%. 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.

Volatility by Period

	URTY	TYD	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.37%	5.53%	+16.84%
Volatility (6M) Calculated over the trailing 6-month period	43.33%	9.59%	+33.74%
Volatility (1Y) Calculated over the trailing 1-year period	69.68%	16.22%	+53.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.50%	22.96%	+44.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.20%	20.47%	+48.73%