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.
Key characteristics
| UTEN | PSA | |
|---|---|---|
| YTD Return | 4.09% | 21.84% |
| 1Y Return | 9.25% | 38.95% |
| Sharpe Ratio | 1.06 | 1.70 |
| Daily Std Dev | 8.30% | 23.02% |
| Max Drawdown | -13.36% | -55.80% |
| Current Drawdown | -1.00% | -2.02% |
Correlation
The correlation between UTEN and PSA is 0.30, 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
In the year-to-date period, UTEN achieves a 4.09% return, which is significantly lower than PSA's 21.84% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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.
Dividends
UTEN vs. PSA - Dividend Comparison
UTEN's dividend yield for the trailing twelve months is around 3.87%, more than PSA's 3.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UTEN US Treasury 10 Year Note ETF | 3.87% | 3.62% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSA Public Storage | 3.33% | 3.93% | 7.55% | 2.14% | 3.46% | 3.76% | 3.95% | 3.83% | 3.27% | 2.62% | 3.03% | 3.42% |
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.
Volatility
UTEN vs. PSA - Volatility Comparison
The current volatility for US Treasury 10 Year Note ETF (UTEN) is 1.69%, while Public Storage (PSA) has a volatility of 4.51%. 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.