UPW vs TBJL

Comparison between PROSHARES ULTRA UTILITIES (UPW, ETF) and Innovator 20+ Year Treasury Bond 9 Buffer ETF - July (TBJL, ETF).

5-Year PerformanceUPW has outperformed TBJL, delivering a return of +10.9% compared to -4.4%

UPW vs TBJL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UPW(ETF)	TBJL(ETF)
Net Assets	$18M	$18M
Expense Ratio	N/A	0.79%
Max Drawdown	79.48%	29.36%
Sharpe Ratio	0.40	-0.81
5Y Beta	0.61	0.02
P/E Ratio	20.27	N/A
Forward P/E	18.82	N/A
PEG Ratio	0.82	N/A
5Y Dividends CAGR	25.55%	N/A
5Y EPS CAGR	13.01%	N/A
Debt to Equity	126.20%	N/A
P/S Ratio	2.93	N/A
P/B Ratio	2.35	N/A

Net Assets

UPW

$18M

Winner

TBJL

$18M

Expense Ratio

UPW

N/A

TBJL

0.79%

Max Drawdown

UPW

79.48%

Winner

TBJL

29.36%

Sharpe Ratio

Winner

UPW

0.40

TBJL

-0.81

5Y Beta

UPW

0.61

Winner

TBJL

0.02

P/E Ratio

UPW

20.27

TBJL

N/A

Forward P/E

UPW

18.82

TBJL

N/A

PEG Ratio

UPW

0.82

TBJL

N/A

5Y Dividends CAGR

UPW

25.55%

TBJL

N/A

5Y EPS CAGR

UPW

13.01%

TBJL

N/A

Debt to Equity

UPW

126.20%

TBJL

N/A

P/S Ratio

UPW

2.93

TBJL

N/A

P/B Ratio

UPW

2.35

TBJL

N/A

UPW vs TBJL - Historical Returns

Returns include dividend reinvestment.

Period	UPW	TBJL
1 month	-0.16%	-3.45%
3 months	-1.29%	-3.60%
6 months	+7.21%	-3.89%
1 year	+11.11%	-1.69%
5 years(CAGR)	+10.94%	-4.41%
10 years(CAGR)	+9.48%	N/A
Max(CAGR)	+9.69%	-4.45%

Winner

UPW

-0.16%

TBJL

-3.45%

Winner

UPW

-1.29%

TBJL

-3.60%

Winner

UPW

+7.21%

TBJL

-3.89%

Winner

UPW

+11.11%

TBJL

-1.69%

5Y(CAGR)

Winner

UPW

+10.94%

TBJL

-4.41%

10Y(CAGR)

UPW

+9.48%

TBJL

N/A

Max(CAGR)

Winner

UPW

+9.69%

TBJL

-4.45%

UPW vs TBJL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	UPW	TBJL
2026	+5.95%	-3.87%
2025	+21.51%	+1.39%
2024	+33.90%	-2.69%
2023	-22.32%	+2.73%
2022	-2.69%	-19.88%
2021	+39.41%	-0.52%
2020	-14.91%	-1.92%
2019	+53.17%	N/A
2018	+4.02%	N/A
2017	+23.11%	N/A
2016	+32.68%	N/A
2015	-13.24%	N/A
2014	+60.35%	N/A
2013	+25.28%	N/A
2012	+2.09%	N/A
2011	+33.79%	N/A
2010	+10.71%	N/A
2009	+14.29%	N/A
2008	-58.09%	N/A
2007	+26.28%	N/A

UPW vs TBJL Drawdown Comparison

The maximum drawdown for UPW was -77.75%, occurring on Mar 9, 2009. Recovery took 1557 trading sessions.

The maximum drawdown for TBJL was -29.36%, occurring on Oct 20, 2023. This drawdown has not yet recovered.

The current UPW drawdown is -12.33%. The current TBJL drawdown is -23.63%.

Rank	UPW	TBJL
#1	-77.75% Dec 10, 2007 - Feb 18, 2014	-29.36% Aug 18, 2020 - Oct 20, 2023
#2	-62.67% Feb 18, 2020 - Apr 1, 2022	N/A
#3	-49.41% Sep 12, 2022 - Sep 30, 2024	N/A
#4	-31.05% Jan 29, 2015 - Mar 16, 2016	N/A
#5	-29.26% Apr 8, 2022 - Aug 15, 2022	N/A
#6	-26.93% Nov 14, 2017 - Dec 3, 2018	N/A
#7	-25.06% May 21, 2007 - Dec 5, 2007	N/A
#8	-24.64% Jul 6, 2016 - May 23, 2017	N/A
#9	-22.91% Nov 27, 2024 - Jul 21, 2025	N/A
#10	-19.15% Feb 27, 2026 - Jun 1, 2026	N/A
#11	-18.94% Oct 15, 2025 - Feb 24, 2026	N/A
#12	-18.13% Jun 30, 2014 - Oct 24, 2014	N/A
#13	-17.57% Dec 13, 2018 - Feb 22, 2019	N/A
#14	-12.37% Oct 16, 2024 - Nov 26, 2024	N/A
#15	-11.25% Sep 26, 2019 - Jan 15, 2020	N/A

Correlation

Correlation between UPW and TBJL is -0.35 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.35

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