UBT vs PBTP

Comparison between PROSHARES ULTRA 20+ YEAR TREASURY (UBT, ETF) and INVESCO 0-5 YR US TIPS ETF (PBTP, ETF).

5-Year PerformancePBTP has outperformed UBT, delivering a return of +3.3% compared to -18.1%

UBT vs PBTP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UBT(ETF)	PBTP(ETF)
Net Assets	$66M	$67M
Expense Ratio	N/A	0.07%
Max Drawdown	80.57%	9.90%
Sharpe Ratio	-0.08	0.39
5Y Beta	0.09	-0.01
5Y Dividends CAGR	37.22%	25.87%

Net Assets

UBT

$66M

Winner

PBTP

$67M

Expense Ratio

UBT

N/A

PBTP

0.07%

Max Drawdown

UBT

80.57%

Winner

PBTP

9.90%

Sharpe Ratio

UBT

-0.08

Winner

PBTP

0.39

5Y Beta

UBT

0.09

Winner

PBTP

-0.01

5Y Dividends CAGR

Winner

UBT

37.22%

PBTP

25.87%

UBT vs PBTP - Historical Returns

Returns include dividend reinvestment.

Period	UBT	PBTP
1 month	-0.56%	-0.08%
3 months	-7.57%	+0.96%
6 months	-5.19%	+1.87%
1 year	+0.26%	+4.46%
5 years(CAGR)	-18.10%	+3.27%
10 years(CAGR)	-8.23%	+3.39%
Max(CAGR)	+0.55%	+3.39%

UBT

-0.56%

Winner

PBTP

-0.08%

UBT

-7.57%

Winner

PBTP

+0.96%

UBT

-5.19%

Winner

PBTP

+1.87%

UBT

+0.26%

Winner

PBTP

+4.46%

5Y(CAGR)

UBT

-18.10%

Winner

PBTP

+3.27%

10Y(CAGR)

UBT

-8.23%

Winner

PBTP

+3.39%

Max(CAGR)

UBT

+0.55%

Winner

PBTP

+3.39%

UBT vs PBTP - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	UBT	PBTP
2026	-3.26%	+1.88%
2025	+1.44%	+5.90%
2024	-20.52%	+4.79%
2023	-6.93%	+4.57%
2022	-53.46%	-3.02%
2021	-11.80%	+5.41%
2020	+28.52%	+4.75%
2019	+23.49%	+4.74%
2018	-4.46%	+0.59%
2017	+14.90%	+0.04%
2016	-1.93%	N/A
2015	-9.46%	N/A
2014	+59.04%	N/A
2013	-24.72%	N/A
2012	+5.92%	N/A
2011	+75.00%	N/A
2010	+10.12%	N/A

UBT vs PBTP Drawdown Comparison

The maximum drawdown for UBT was -78.91%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for PBTP was -5.44%, occurring on Sep 30, 2022. Recovery took 443 trading sessions.

The current UBT drawdown is -76.83%. The current PBTP drawdown is -0.28%.

Rank	UBT	PBTP
#1	-78.91% Mar 9, 2020 - Oct 19, 2023	-5.44% Mar 11, 2022 - Dec 14, 2023
#2	-38.31% Jul 25, 2012 - Dec 12, 2014	-5.35% Mar 5, 2020 - Jun 8, 2020
#3	-36.37% Jul 8, 2016 - Aug 6, 2019	-2.18% Nov 17, 2021 - Mar 1, 2022
#4	-32.20% Aug 26, 2010 - Aug 8, 2011	-1.04% Nov 15, 2018 - Jan 31, 2019
#5	-30.26% Jan 30, 2015 - Jun 27, 2016	-1.03% Apr 30, 2025 - Jun 26, 2025
#6	-20.74% Oct 3, 2011 - Dec 19, 2011	-1.00% Apr 3, 2025 - Apr 28, 2025
#7	-20.35% Dec 19, 2011 - May 17, 2012	-0.97% Aug 24, 2018 - Nov 15, 2018
#8	-16.53% Aug 28, 2019 - Feb 21, 2020	-0.81% Sep 24, 2024 - Jan 15, 2025
#9	-9.70% Sep 22, 2011 - Oct 3, 2011	-0.68% Jan 31, 2024 - Mar 1, 2024
#10	-9.59% Aug 10, 2011 - Aug 18, 2011	-0.66% Mar 17, 2026 - Apr 7, 2026
#11	-8.97% Jun 1, 2012 - Jul 23, 2012	-0.63% Aug 3, 2021 - Aug 27, 2021
#12	-8.75% Aug 19, 2011 - Sep 2, 2011	-0.63% May 18, 2021 - Jul 2, 2021
#13	-8.71% Feb 8, 2010 - Apr 30, 2010	-0.60% Feb 12, 2021 - Mar 2, 2021
#14	-8.25% May 6, 2010 - May 20, 2010	-0.53% Oct 22, 2025 - Jan 7, 2026
#15	-6.40% Jul 1, 2010 - Jul 21, 2010	-0.53% Sep 9, 2021 - Oct 14, 2021

Correlation

Correlation between UBT and PBTP is -0.60 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.60

-101

Dividend Comparison (2010 - 2026)

UBT vs PBTP dividend yield comparison.

Year	UBT	PBTP
2026	0.46%	0.14%
2025	4.26%	3.82%
2024	4.50%	2.59%
2023	3.54%	2.36%
2022	0.30%	5.33%
2021	0.00%	3.12%
2020	0.26%	1.25%
2019	1.50%	2.12%
2018	1.55%	2.33%
2017	1.37%	0.73%
2016	0.75%	0.00%
2015	1.56%	0.00%
2014	0.79%	0.00%
2013	0.18%	0.00%
2012	0.07%	0.00%
2011	0.51%	0.00%
2010	0.69%	0.00%