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HYHG vs TBT

ProShares High Yield—Interest Rate Hedged vs ProShares UltraShort 20+ Year Treasury

HYHG

ProShares High Yield—Interest Rate Hedged

Annual cost

0.50%

Fund size

$174M

TBT

ProShares UltraShort 20+ Year Treasury

Annual cost

0.93%

Fund size

$333M

Key differences

Both HYHG and TBT are fixed income ETFs. HYHG charges 0.50% a year and TBT 0.93%. The main difference: HYHG follows a index tracking strategy; TBT uses inverse.

  • HYHG follows a index tracking strategy; TBT uses inverse.
  • HYHG costs 0.43% less per year.
  • TBT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYHGTBT
Annual cost (TER)0.50%0.93%
Fund size (AUM)$174M$333M
Since20132008
Dividend yield6.76%2.90%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackinginverse
CAGR 1Y+7.7%-1.1%
CAGR 3Y+9.9%+9.4%
CAGR 5Y+7.1%+15.1%
Sharpe 3Y0.880.33
Volatility 1Y5.59%19.60%
Max drawdown-25.72%-65.09%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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