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PEJ vs TBT

Comparison between INVESCO LEISURE AND ENTERTAINMENT ETF (PEJ, ETF) and PROSHARES ULTRASHORT 20+ YEAR TREASURY (TBT, ETF).

5-Year PerformanceTBT has outperformed PEJ, delivering a return of +19.5% compared to +6.1%

PEJ vs TBT - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
PEJ
$280M
TBT
$280M
Expense Ratio
PEJ
0.57%
TBT
N/A
Max Drawdown
Winner
PEJ
67.34%
TBT
95.17%
Sharpe Ratio
Winner
PEJ
0.52
TBT
0.00
5Y Beta
PEJ
1.06
Winner
TBT
-0.11
P/E Ratio
PEJ
35.95
TBT
N/A
Forward P/E
PEJ
21.76
TBT
N/A
5Y Dividends CAGR
PEJ
0.19%
Winner
TBT
429.48%
Debt to Equity
PEJ
209.26%
TBT
N/A
P/S Ratio
PEJ
1.71
TBT
N/A
P/B Ratio
PEJ
6.39
TBT
N/A

PEJ vs TBT - Historical Returns

Returns include dividend reinvestment.

1M
PEJ
+1.17%
Winner
TBT
+5.89%
3M
PEJ
+5.08%
Winner
TBT
+6.83%
6M
PEJ
+7.63%
Winner
TBT
+7.75%
1Y
Winner
PEJ
+12.57%
TBT
+3.58%
5Y(CAGR)
PEJ
+6.13%
Winner
TBT
+19.45%
10Y(CAGR)
Winner
PEJ
+7.05%
TBT
+3.49%
Max(CAGR)
Winner
PEJ
+8.07%
TBT
-9.51%

PEJ vs TBT - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

YearPEJTBT
2026+7.17%+7.66%
2025+17.31%-1.41%
2024+27.17%+25.84%
2023+16.11%+1.22%
2022-26.05%+83.83%
2021+26.38%+2.55%
2020-10.76%-36.60%
2019+13.06%-22.02%
2018-9.28%+2.75%
2017+10.47%-16.51%
2016+13.00%-6.01%
2015+4.10%-3.08%
2014+5.80%-41.07%
2013+44.90%+21.75%
2012+23.82%-14.72%
2011+0.75%-51.83%
2010+38.24%-26.11%
2009+37.52%+27.90%
2008-38.39%-45.18%
2007-8.61%N/A
2006+17.89%N/A
2005+2.54%N/A

PEJ vs TBT Drawdown Comparison

The maximum drawdown for PEJ was -66.05%, occurring on Nov 20, 2008. Recovery took 860 trading sessions.

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

The current PEJ drawdown is -3.01%. The current TBT drawdown is -85.02%.

RankPEJTBT
#1-66.05%
Jul 6, 2007 - Dec 2, 2010
-94.99%
Jun 13, 2008 - Aug 4, 2020
#2-58.96%
Jul 19, 2018 - Feb 22, 2021
-3.64%
May 29, 2008 - Jun 12, 2008
#3-36.42%
Mar 15, 2021 - Nov 25, 2024
-3.62%
May 6, 2008 - May 28, 2008
#4-25.75%
Feb 18, 2025 - Jul 3, 2025
-0.01%
May 2, 2008 - May 6, 2008
#5-23.90%
Jul 7, 2011 - Feb 8, 2012
N/A
#6-21.70%
Mar 20, 2015 - Nov 17, 2016
N/A
#7-14.36%
May 8, 2006 - Oct 4, 2006
N/A
#8-13.44%
Mar 7, 2014 - Dec 26, 2014
N/A
#9-10.67%
Jul 20, 2005 - Nov 21, 2005
N/A
#10-10.29%
Sep 15, 2025 - Dec 22, 2025
N/A
#11-9.88%
Dec 22, 2025 - Apr 14, 2026
N/A
#12-8.95%
May 2, 2012 - Sep 13, 2012
N/A
#13-8.52%
Apr 17, 2026 - Jun 11, 2026
N/A
#14-8.21%
Dec 26, 2013 - Feb 24, 2014
N/A
#15-8.07%
May 19, 2011 - Jul 1, 2011
N/A

Correlation

Correlation between PEJ and TBT is -0.76 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.76
-101

Dividend Comparison (2005 - 2026)

PEJ vs TBT dividend yield comparison.

YearPEJTBT
20260.32%1.03%
20250.24%3.21%
20240.40%4.64%
20230.46%4.98%
20220.43%0.42%
20210.34%0.00%
20200.92%0.32%
20190.39%2.12%
20180.78%0.99%
20170.68%0.00%
20160.68%0.00%
20150.52%0.00%
20140.51%0.00%
20130.42%0.00%
20120.65%0.00%
20110.68%0.00%
20100.79%0.00%
20090.41%0.00%
20081.05%0.44%
20073.81%0.00%
20060.34%0.00%
20050.11%0.00%

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