^TYX vs. TBX
Compare and contrast key facts about Treasury Yield 30 Years (^TYX) and ProShares Short 7-10 Year Treasury (TBX).
TBX is a passively managed fund by ProShares that tracks the performance of the ICE BofA US Treasury (7-10 Y) (-100%). It was launched on Apr 4, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^TYX or TBX.
Correlation
The correlation between ^TYX and TBX is 0.20, 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
^TYX vs. TBX - Performance Comparison
Key characteristics
^TYX:
0.14
TBX:
0.09
^TYX:
0.34
TBX:
0.18
^TYX:
1.04
TBX:
1.02
^TYX:
0.05
TBX:
0.03
^TYX:
0.34
TBX:
0.21
^TYX:
7.76%
TBX:
3.10%
^TYX:
19.06%
TBX:
7.78%
^TYX:
-88.52%
TBX:
-41.03%
^TYX:
-41.60%
TBX:
-19.62%
Returns By Period
In the year-to-date period, ^TYX achieves a -0.44% return, which is significantly higher than TBX's -1.22% return. Over the past 10 years, ^TYX has outperformed TBX with an annualized return of 6.04%, while TBX has yielded a comparatively lower 1.09% annualized return.
^TYX
-0.44%
2.34%
6.72%
-0.40%
31.55%
6.04%
TBX
-1.22%
0.19%
2.01%
0.48%
6.08%
1.09%
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Risk-Adjusted Performance
^TYX vs. TBX — Risk-Adjusted Performance Rank
^TYX
TBX
^TYX vs. TBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 30 Years (^TYX) and ProShares Short 7-10 Year Treasury (TBX). 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.
Drawdowns
^TYX vs. TBX - Drawdown Comparison
The maximum ^TYX drawdown since its inception was -88.52%, which is greater than TBX's maximum drawdown of -41.03%. Use the drawdown chart below to compare losses from any high point for ^TYX and TBX. For additional features, visit the drawdowns tool.
Volatility
^TYX vs. TBX - Volatility Comparison
Treasury Yield 30 Years (^TYX) has a higher volatility of 8.07% compared to ProShares Short 7-10 Year Treasury (TBX) at 4.46%. This indicates that ^TYX's price experiences larger fluctuations and is considered to be riskier than TBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.