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TBT vs OIA

Comparison between PROSHARES ULTRASHORT 20+ YEAR TREASURY (TBT, ETF) and Invesco Municipal Income Opportunities Trust (OIA, ETF).

5-Year PerformanceTBT has outperformed OIA, delivering a return of +15.6% compared to -0.7%

TBT vs OIA - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
TBT
$296M
Winner
OIA
$296M
Max Drawdown
TBT
95.17%
Winner
OIA
58.71%
Sharpe Ratio
TBT
-0.03
Winner
OIA
0.75
5Y Beta
Winner
TBT
-0.11
OIA
0.17
5Y Dividends CAGR
Winner
TBT
89.90%
OIA
-1.63%

TBT vs OIA - Historical Returns

Returns include dividend reinvestment.

1M
Winner
TBT
+0.59%
OIA
-1.32%
3M
Winner
TBT
+8.06%
OIA
-1.81%
6M
Winner
TBT
+6.06%
OIA
+0.55%
1Y
TBT
+1.40%
Winner
OIA
+12.11%
5Y(CAGR)
Winner
TBT
+15.57%
OIA
-0.66%
10Y(CAGR)
TBT
+2.01%
Winner
OIA
+2.78%
Max(CAGR)
TBT
-9.76%
Winner
OIA
+4.80%

TBT vs OIA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearTBTOIA
2026+3.88%+3.24%
2025-1.41%+6.44%
2024+25.84%-4.20%
2023+1.22%+7.17%
2022+83.83%-17.71%
2021+2.55%+6.09%
2020-36.60%+4.68%
2019-22.02%+17.64%
2018+2.75%-8.99%
2017-16.51%+17.32%
2016-6.01%+3.43%
2015-3.08%+10.72%
2014-41.07%+18.25%
2013+21.75%-12.44%
2012-14.72%+16.13%
2011-51.83%+16.63%
2010-26.11%+6.34%
2009+27.90%+37.16%
2008-45.18%-32.05%
2007N/A-21.12%
2006N/A+20.62%
2005N/A+21.06%
2004N/A+12.12%
2003N/A+3.36%
2002N/A-0.03%
2001N/A-0.47%
2000N/A+8.10%
1999N/A-5.35%

TBT vs OIA 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 OIA was -55.23%, occurring on Oct 10, 2008. Recovery took 1283 trading sessions.

The current TBT drawdown is -85.55%. The current OIA drawdown is -7.89%.

RankTBTOIA
#1-94.99%
Jun 13, 2008 - Aug 4, 2020
-55.23%
May 11, 2007 - Jun 13, 2012
#2-3.64%
May 29, 2008 - Jun 12, 2008
-34.85%
Aug 30, 2021 - Oct 27, 2023
#3-3.62%
May 6, 2008 - May 28, 2008
-31.78%
Feb 24, 2020 - Dec 31, 2020
#4-0.01%
May 2, 2008 - May 6, 2008
-22.39%
Nov 26, 2012 - Jan 12, 2015
#5N/A-19.90%
Sep 6, 2000 - Feb 12, 2001
#6N/A-14.09%
Sep 30, 2016 - May 31, 2017
#7N/A-13.06%
Sep 10, 2018 - Mar 21, 2019
#8N/A-11.94%
Oct 7, 2002 - Jun 11, 2003
#9N/A-11.02%
Nov 5, 1999 - Jul 19, 2000
#10N/A-11.02%
Mar 9, 2004 - Oct 6, 2004
#11N/A-10.80%
Aug 31, 2001 - Sep 3, 2002
#12N/A-9.53%
Nov 7, 2005 - Jan 5, 2006
#13N/A-9.10%
Jun 16, 2003 - Mar 8, 2004
#14N/A-8.65%
Dec 27, 2017 - Aug 29, 2018
#15N/A-7.54%
Apr 12, 2019 - Aug 6, 2019

Correlation

Correlation between TBT and OIA is -0.81 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.81
-101

Dividend Comparison (2000 - 2026)

TBT vs OIA dividend yield comparison.

YearTBTOIA
20260.47%2.41%
20253.21%5.81%
20244.64%5.87%
20234.98%5.09%
20220.42%5.68%
20210.00%4.69%
20200.32%4.81%
20192.12%4.88%
20180.99%5.84%
20170.00%5.16%
20160.00%5.58%
20150.00%5.40%
20140.00%5.85%
20130.00%6.77%
20120.00%5.74%
20110.00%6.31%
20100.00%6.80%
20090.00%6.98%
20080.44%10.17%
20070.00%7.22%
20060.00%5.61%
20050.00%6.07%
20040.00%6.46%
20030.00%7.31%
20020.00%7.50%
20010.00%7.31%
20000.00%3.07%

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