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TBT vs CPLB

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

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

TBT vs CPLB - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

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

TBT vs CPLB - Historical Returns

Returns include dividend reinvestment.

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

TBT vs CPLB - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

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

TBT vs CPLB Drawdown Comparison

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

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

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

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

Correlation

Correlation between TBT and CPLB 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)

TBT vs CPLB dividend yield comparison.

YearTBTCPLB
20260.48%2.28%
20253.21%5.46%
20244.64%5.40%
20234.98%4.81%
20220.42%3.17%
20210.00%0.95%
20200.32%0.00%
20192.12%0.00%
20180.99%0.00%
20080.44%0.00%

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