Screener
TBT vs UBT
ProShares UltraShort 20+ Year Treasury vs ProShares Ultra 20+ Year Treasury
Key differences
Both TBT and UBT are fixed income ETFs. TBT charges 0.93% a year and UBT 0.95%. The main difference: TBT follows a inverse strategy; UBT uses leveraged.
- TBT follows a inverse strategy; UBT uses leveraged.
- TBT is much larger than UBT. Larger funds are usually more liquid and less likely to close.
- Over the last three years, TBT has delivered higher annualized returns.
Side-by-side comparison
| TBT | UBT | |
|---|---|---|
| Annual cost (TER) | 0.93% | 0.95% |
| Fund size (AUM) | $333M | $64M |
| Since | 2008 | 2010 |
| Dividend yield | 2.90% | 3.98% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | inverse | leveraged |
| CAGR 1Y | +2.5% | -0.4% |
| CAGR 3Y | +12.0% | -11.4% |
| CAGR 5Y | +15.4% | -17.9% |
| Sharpe 3Y | 0.42 | -0.44 |
| Volatility 1Y | 19.58% | 19.17% |
| Max drawdown | -65.09% | -78.90% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.