UTEN vs. PSA
Compare and contrast key facts about US Treasury 10 Year Note ETF (UTEN) and Public Storage (PSA).
UTEN is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA Current 10 Year US Treasury Index - Benchmark TR Gross. It was launched on Aug 8, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UTEN or PSA.
Correlation
The correlation between UTEN and PSA is 0.13, 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.
Performance
UTEN vs. PSA - Performance Comparison
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Key characteristics
UTEN:
0.52
PSA:
0.51
UTEN:
0.69
PSA:
0.84
UTEN:
1.08
PSA:
1.10
UTEN:
0.37
PSA:
0.39
UTEN:
0.88
PSA:
0.96
UTEN:
3.66%
PSA:
11.93%
UTEN:
7.25%
PSA:
23.68%
UTEN:
-13.36%
PSA:
-55.80%
UTEN:
-4.26%
PSA:
-14.76%
Returns By Period
In the year-to-date period, UTEN achieves a 2.35% return, which is significantly lower than PSA's 3.83% return.
UTEN
2.35%
-0.79%
1.45%
3.76%
N/A
N/A
N/A
PSA
3.83%
3.99%
-6.17%
11.92%
4.58%
15.79%
8.82%
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Risk-Adjusted Performance
UTEN vs. PSA — Risk-Adjusted Performance Rank
UTEN
PSA
UTEN vs. PSA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Treasury 10 Year Note ETF (UTEN) and Public Storage (PSA). 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.
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Dividends
UTEN vs. PSA - Dividend Comparison
UTEN's dividend yield for the trailing twelve months is around 4.19%, more than PSA's 3.90% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
UTEN US Treasury 10 Year Note ETF | 4.19% | 4.13% | 3.62% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSA Public Storage | 3.90% | 4.01% | 3.93% | 7.55% | 2.14% | 3.46% | 3.76% | 3.95% | 3.83% | 3.27% | 2.62% | 3.03% |
Drawdowns
UTEN vs. PSA - Drawdown Comparison
The maximum UTEN drawdown since its inception was -13.36%, smaller than the maximum PSA drawdown of -55.80%. Use the drawdown chart below to compare losses from any high point for UTEN and PSA. For additional features, visit the drawdowns tool.
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Volatility
UTEN vs. PSA - Volatility Comparison
The current volatility for US Treasury 10 Year Note ETF (UTEN) is 1.97%, while Public Storage (PSA) has a volatility of 5.42%. This indicates that UTEN experiences smaller price fluctuations and is considered to be less risky than PSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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