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CPLB vs TBT

Comparison between NYLI MACKAY CORE PLUS BOND ETF (CPLB, ETF) and PROSHARES ULTRASHORT 20+ YEAR TREASURY (TBT, ETF).

5-Year PerformanceTBT has outperformed CPLB, delivering a return of +16.1% compared to +0.8%

CPLB vs TBT - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
CPLB
$333M
TBT
$333M
Expense Ratio
CPLB
0.30%
TBT
N/A
Max Drawdown
Winner
CPLB
23.33%
TBT
95.17%
Sharpe Ratio
Winner
CPLB
0.38
TBT
-0.15
5Y Beta
CPLB
0.04
Winner
TBT
-0.12
5Y Dividends CAGR
CPLB
N/A
TBT
89.90%

CPLB vs TBT - Historical Returns

Returns include dividend reinvestment.

1M
Winner
CPLB
+0.42%
TBT
-2.07%
3M
CPLB
+0.41%
Winner
TBT
+2.27%
6M
CPLB
+1.35%
Winner
TBT
+2.69%
1Y
Winner
CPLB
+5.07%
TBT
+1.37%
5Y(CAGR)
CPLB
+0.81%
Winner
TBT
+16.06%
10Y(CAGR)
CPLB
N/A
TBT
+2.34%
Max(CAGR)
Winner
CPLB
+0.81%
TBT
-9.82%

CPLB vs TBT - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

YearCPLBTBT
2026+0.99%+2.30%
2025+7.64%-1.41%
2024+4.53%+25.84%
2023+6.60%+1.22%
2022-14.05%+83.83%
2021+0.38%+2.55%
2020N/A-36.60%
2019N/A-22.02%
2018N/A+2.75%
2017N/A-16.51%
2016N/A-6.01%
2015N/A-3.08%
2014N/A-41.07%
2013N/A+21.75%
2012N/A-14.72%
2011N/A-51.83%
2010N/A-26.11%
2009N/A+27.90%
2008N/A-45.18%

CPLB vs TBT Drawdown Comparison

The maximum drawdown for CPLB was -18.96%, occurring on Oct 24, 2022. Recovery took 1026 trading sessions.

The maximum drawdown for TBT was -94.99%, occurring on Aug 4, 2020. This drawdown has not yet recovered.

The current CPLB drawdown is -1.18%. The current TBT drawdown is -85.77%.

RankCPLBTBT
#1-18.96%
Aug 3, 2021 - Sep 4, 2025
-94.99%
Jun 13, 2008 - Aug 4, 2020
#2-2.60%
Feb 27, 2026 - Mar 27, 2026
-3.64%
May 29, 2008 - Jun 12, 2008
#3-1.06%
Oct 27, 2025 - Nov 26, 2025
-3.62%
May 6, 2008 - May 28, 2008
#4-0.77%
Nov 26, 2025 - Jan 7, 2026
-0.01%
May 2, 2008 - May 6, 2008
#5-0.63%
Jul 8, 2021 - Jul 19, 2021
N/A
#6-0.54%
Sep 15, 2025 - Oct 13, 2025
N/A
#7-0.52%
Jan 14, 2026 - Jan 26, 2026
N/A
#8-0.31%
Jan 26, 2026 - Feb 5, 2026
N/A
#9-0.30%
Sep 8, 2025 - Sep 10, 2025
N/A
#10-0.26%
Jul 19, 2021 - Jul 27, 2021
N/A
#11-0.23%
Jan 7, 2026 - Jan 12, 2026
N/A
#12-0.21%
Feb 10, 2026 - Feb 12, 2026
N/A
#13-0.19%
Oct 21, 2025 - Oct 24, 2025
N/A
#14-0.19%
Oct 16, 2025 - Oct 20, 2025
N/A
#15-0.14%
Sep 11, 2025 - Sep 15, 2025
N/A

Correlation

Correlation between CPLB and TBT is 0.04 which considered as a very weak or no correlation - the stocks move independently of each other.

0.04
-101

Dividend Comparison (2008 - 2026)

CPLB vs TBT dividend yield comparison.

YearCPLBTBT
20262.28%0.48%
20255.46%3.21%
20245.40%4.64%
20234.81%4.98%
20223.17%0.42%
20210.95%0.00%
20200.00%0.32%
20190.00%2.12%
20180.00%0.99%
20080.00%0.44%

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