BSMT vs UWM

Comparison between INVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF (BSMT, ETF) and PROSHARES ULTRA RUSSELL2000 (UWM, ETF).

5-Year PerformanceUWM has outperformed BSMT, delivering a return of +3.9% compared to -0.4%

BSMT vs UWM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSMT(ETF)	UWM(ETF)
Net Assets	$279M	$279M
Expense Ratio	0.18%	N/A
Max Drawdown	17.74%	88.54%
Sharpe Ratio	-0.05	1.41
5Y Beta	0.01	2.19
P/E Ratio	N/A	-244.60
Forward P/E	N/A	14.26
5Y Dividends CAGR	9.38%	149.02%
Debt to Equity	N/A	31.49%
P/S Ratio	N/A	1.42
P/B Ratio	N/A	2.15

Net Assets

BSMT

$279M

Winner

UWM

$279M

Expense Ratio

BSMT

0.18%

UWM

N/A

Max Drawdown

Winner

BSMT

17.74%

UWM

88.54%

Sharpe Ratio

BSMT

-0.05

Winner

UWM

1.41

5Y Beta

Winner

BSMT

0.01

UWM

2.19

P/E Ratio

BSMT

N/A

UWM

-244.60

Forward P/E

BSMT

N/A

UWM

14.26

5Y Dividends CAGR

BSMT

9.38%

Winner

UWM

149.02%

Debt to Equity

BSMT

N/A

UWM

31.49%

P/S Ratio

BSMT

N/A

UWM

1.42

P/B Ratio

BSMT

N/A

UWM

2.15

BSMT vs UWM - Historical Returns

Returns include dividend reinvestment.

Period	BSMT	UWM
1 month	-0.56%	-1.52%
3 months	-0.08%	+14.72%
6 months	+0.24%	+18.25%
1 year	+3.63%	+67.29%
5 years(CAGR)	-0.43%	+3.88%
10 years(CAGR)	N/A	+12.06%
Max(CAGR)	+0.90%	+7.39%

Winner

BSMT

-0.56%

UWM

-1.52%

BSMT

-0.08%

Winner

UWM

+14.72%

BSMT

+0.24%

Winner

UWM

+18.25%

BSMT

+3.63%

Winner

UWM

+67.29%

5Y(CAGR)

BSMT

-0.43%

Winner

UWM

+3.88%

10Y(CAGR)

BSMT

N/A

UWM

+12.06%

Max(CAGR)

BSMT

+0.90%

Winner

UWM

+7.39%

BSMT vs UWM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BSMT	UWM
2026	+0.57%	+36.52%
2025	+3.62%	+13.30%
2024	+0.36%	+12.80%
2023	+5.16%	+24.03%
2022	-10.94%	-45.05%
2021	+1.42%	+27.27%
2020	+6.96%	+16.54%
2019	-0.35%	+46.76%
2018	N/A	-27.28%
2017	N/A	+25.67%
2016	N/A	+48.22%
2015	N/A	-11.30%
2014	N/A	+8.63%
2013	N/A	+75.97%
2012	N/A	+26.65%
2011	N/A	-21.20%
2010	N/A	+43.30%
2009	N/A	+37.44%
2008	N/A	-65.83%
2007	N/A	-12.78%

BSMT vs UWM Drawdown Comparison

The maximum drawdown for BSMT was -16.19%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The maximum drawdown for UWM was -88.21%, occurring on Mar 9, 2009. Recovery took 1611 trading sessions.

The current BSMT drawdown is -2.42%. The current UWM drawdown is -2.83%.

Rank	BSMT	UWM
#1	-16.19% Jul 19, 2021 - Oct 31, 2022	-88.21% Jun 4, 2007 - Oct 24, 2013
#2	-15.09% Feb 27, 2020 - Jul 23, 2020	-71.47% Aug 31, 2018 - Dec 15, 2020
#3	-3.42% Feb 11, 2021 - Jun 9, 2021	-61.62% Nov 8, 2021 - Jun 15, 2026
#4	-2.88% Aug 10, 2020 - Dec 8, 2020	-46.62% Jun 23, 2015 - Nov 18, 2016
#5	-2.14% Oct 9, 2019 - Jan 9, 2020	-24.56% Mar 4, 2014 - Dec 26, 2014
#6	-0.72% Jun 10, 2021 - Jul 6, 2021	-19.71% Mar 15, 2021 - Nov 3, 2021
#7	-0.53% Jan 6, 2021 - Jan 26, 2021	-17.72% Jan 23, 2018 - May 17, 2018
#8	-0.52% Sep 25, 2019 - Oct 9, 2019	-16.78% Feb 22, 2007 - Apr 26, 2007
#9	-0.47% Jan 31, 2020 - Feb 18, 2020	-14.31% Jan 22, 2014 - Feb 27, 2014
#10	-0.25% Jul 31, 2020 - Aug 4, 2020	-13.43% Feb 9, 2021 - Mar 11, 2021
#11	-0.15% Dec 28, 2020 - Dec 30, 2020	-12.52% Jul 25, 2017 - Sep 25, 2017
#12	-0.14% Jan 27, 2020 - Jan 31, 2020	-10.36% Dec 29, 2014 - Feb 13, 2015
#13	-0.13% Dec 21, 2020 - Dec 28, 2020	-9.22% Mar 1, 2017 - Apr 26, 2017
#14	-0.13% Aug 4, 2020 - Aug 10, 2020	-9.12% Apr 15, 2015 - Jun 18, 2015
#15	-0.10% Jul 28, 2020 - Jul 31, 2020	-8.72% Jan 22, 2021 - Feb 4, 2021

Correlation

Correlation between BSMT and UWM is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.69

-101

Dividend Comparison (2007 - 2026)

BSMT vs UWM dividend yield comparison.

Year	BSMT	UWM
2026	1.60%	0.20%
2025	2.78%	1.05%
2024	2.80%	1.16%
2023	2.62%	0.34%
2022	1.65%	0.40%
2021	1.31%	0.00%
2020	1.82%	0.07%
2019	0.48%	0.55%
2018	0.00%	0.41%
2017	0.00%	0.11%
2016	0.00%	0.27%
2015	0.00%	0.23%
2014	0.00%	0.11%
2012	0.00%	0.02%
2010	0.00%	0.02%
2009	0.00%	0.21%
2008	0.00%	1.23%
2007	0.00%	2.39%