UTHY vs. TRP
UTHY (US Treasury 30 Year Bond ETF) is Government Bonds fund tracking the ICE BofA Current 30-Year US Treasury Index - Benchmark TR Gross, while TRP (TC Energy Corporation) is a stock. Over the past 3 years, UTHY returned -1.17%/yr vs 33.58%/yr for TRP. Their 0.12 correlation means their historical movements had little consistent relationship.
Performance
UTHY vs. TRP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UTHY achieves a -2.44% return, which is significantly lower than TRP's 21.13% return.
UTHY
- 1D
- 0.77%
- 1M
- -2.84%
- 6M
- -2.13%
- YTD
- -2.44%
- 1Y
- -1.50%
- 3Y*
- -1.17%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -3.02%
TRP
- 1D
- -0.74%
- 1M
- -1.65%
- 6M
- 12.14%
- YTD
- 21.13%
- 1Y
- 40.41%
- 3Y*
- 33.58%
- 5Y*
- 15.06%
- 10Y*
- 10.69%
- ALL TIME*
- 10.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $146.31M | $170.55M | $165.99M | |
| $5.77M | $5.13M | $5.93M |
UTHY vs. TRP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UTHY US Treasury 30 Year Bond ETF | -2.44% | 3.47% | -8.07% | -2.77% |
TRP TC Energy Corporation | 21.13% | 24.02% | 39.88% | 10.12% |
Correlation
The correlation between UTHY and TRP is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.03 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2023 | 0.12 |
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
UTHY vs. TRP — Risk / Return Rank
UTHY
TRP
UTHY vs. TRP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for US Treasury 30 Year Bond ETF (UTHY) and TC Energy Corporation (TRP). 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.
| UTHY | TRP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.40 | ||
| Sortino ratioReturn per unit of downside risk | -3.38 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.37 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 4.21 | -4.41 |
| Martin ratioReturn relative to average drawdown | -0.44 | 12.52 | -12.96 |
Loading charts...
Drawdowns
UTHY vs. TRP - Drawdown Comparison
The maximum UTHY drawdown since its inception was -21.86%, smaller than the maximum TRP drawdown of -62.52%. Use the drawdown chart below to compare losses from any high point for UTHY and TRP.
Loading charts...
Drawdown Indicators
| UTHY | TRP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.86% | -62.52% | +40.66% |
Max Drawdown (1Y)Largest decline over 1 year | -7.41% | -9.65% | +2.24% |
Max Drawdown (3Y)Largest decline over 3 years | -14.90% | -12.84% | -2.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.05% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.64% | — |
Current DrawdownCurrent decline from peak | -13.30% | -7.39% | -5.91% |
Average DrawdownAverage peak-to-trough decline | -10.75% | -11.69% | +0.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 3.24% | +0.22% |
Volatility
UTHY vs. TRP - Volatility Comparison
The current volatility for US Treasury 30 Year Bond ETF (UTHY) is 2.54%, while TC Energy Corporation (TRP) has a volatility of 6.59%. This indicates that UTHY experiences smaller price fluctuations and is considered to be less risky than TRP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UTHY | TRP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.54% | 6.59% | -4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 6.63% | 13.89% | -7.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.92% | 18.19% | -9.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.46% | 21.98% | -8.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.46% | 24.90% | -11.44% |
Dividends
UTHY vs. TRP - Dividend Comparison
UTHY's dividend yield for the trailing twelve months is around 4.81%, more than TRP's 3.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRP TC Energy Corporation | 3.79% | 4.45% | 5.93% | 7.73% | 8.52% | 5.94% | 5.92% | 4.25% | 5.85% | 5.14% | 5.01% | 6.38% |
UTHY US Treasury 30 Year Bond ETF | 4.81% | 4.53% | 4.58% | 2.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UTHY and TRP have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRP has higher volatility (6.59%) compared to UTHY (2.54%). In terms of maximum drawdown, UTHY dropped -21.86% vs TRP's -62.52%.
TRP currently has the higher Sharpe Ratio (2.23 vs -0.17), 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 UTHY and TRP
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