UTWO vs PBOG

Comparison between F/M US TREASURY 2 YEAR NOTE ETF (UTWO, ETF) and Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF (PBOG, ETF).

UTWO vs PBOG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UTWO(ETF)	PBOG(ETF)
Net Assets	$472M	$471M
Expense Ratio	0.15%	0.13%
Max Drawdown	4.63%	19.24%
Sharpe Ratio	-0.80	1.77
5Y Beta	-0.01	-0.50
P/E Ratio	N/A	19.82
Forward P/E	N/A	11.20
PEG Ratio	N/A	0.70
Debt to Equity	N/A	19.93%
P/S Ratio	N/A	2.10
P/B Ratio	N/A	2.09

Net Assets

Winner

UTWO

$472M

PBOG

$471M

Expense Ratio

UTWO

0.15%

Winner

PBOG

0.13%

Max Drawdown

Winner

UTWO

4.63%

PBOG

19.24%

Sharpe Ratio

UTWO

-0.80

Winner

PBOG

1.77

5Y Beta

UTWO

-0.01

Winner

PBOG

-0.50

P/E Ratio

UTWO

N/A

PBOG

19.82

Forward P/E

UTWO

N/A

PBOG

11.20

PEG Ratio

UTWO

N/A

PBOG

0.70

Debt to Equity

UTWO

N/A

PBOG

19.93%

P/S Ratio

UTWO

N/A

PBOG

2.10

P/B Ratio

UTWO

N/A

PBOG

2.09

UTWO vs PBOG - Historical Returns

Returns include dividend reinvestment.

Period	UTWO	PBOG
1 month	+0.26%	+8.15%
3 months	+0.10%	+1.11%
6 months	+0.53%	+22.16%
1 year	+2.66%	N/A
Max(CAGR)	+2.92%	+52.96%

UTWO

+0.26%

Winner

PBOG

+8.15%

UTWO

+0.10%

Winner

PBOG

+1.11%

UTWO

+0.53%

Winner

PBOG

+22.16%

UTWO

+2.66%

PBOG

N/A

Max(CAGR)

UTWO

+2.92%

Winner

PBOG

+52.96%

UTWO vs PBOG - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	UTWO	PBOG
2026	+0.46%	+27.22%
2025	+4.82%	+1.62%
2024	+3.83%	N/A
2023	+3.41%	N/A
2022	-0.81%	N/A

UTWO vs PBOG Drawdown Comparison

The maximum drawdown for UTWO was -2.04%, occurring on Nov 7, 2022. Recovery took 144 trading sessions.

The maximum drawdown for PBOG was -19.24%, occurring on Jul 1, 2026. This drawdown has not yet recovered.

The current UTWO drawdown is -0.22%. The current PBOG drawdown is -8.51%.

Rank	UTWO	PBOG
#1	-2.04% Aug 15, 2022 - Mar 13, 2023	-19.24% Mar 27, 2026 - Jul 1, 2026
#2	-1.82% May 4, 2023 - Nov 28, 2023	-5.49% Dec 3, 2025 - Jan 2, 2026
#3	-1.08% Sep 24, 2024 - Jan 31, 2025	-4.18% Jan 5, 2026 - Jan 13, 2026
#4	-0.90% Feb 27, 2026 - Mar 26, 2026	-2.41% Feb 11, 2026 - Feb 19, 2026
#5	-0.77% Apr 30, 2025 - Jun 24, 2025	-1.93% Jan 30, 2026 - Feb 3, 2026
#6	-0.75% Apr 5, 2023 - May 3, 2023	-1.67% Feb 4, 2026 - Feb 6, 2026
#7	-0.75% Feb 1, 2024 - May 15, 2024	-1.57% Mar 2, 2026 - Mar 6, 2026
#8	-0.64% Mar 24, 2023 - Apr 5, 2023	-1.38% Mar 6, 2026 - Mar 11, 2026
#9	-0.58% Mar 17, 2023 - Mar 23, 2023	-1.18% Jan 14, 2026 - Jan 21, 2026
#10	-0.47% Apr 4, 2025 - Apr 28, 2025	-0.79% Dec 1, 2025 - Dec 3, 2025
#11	-0.45% Mar 15, 2023 - Mar 17, 2023	-0.79% Feb 19, 2026 - Feb 27, 2026
#12	-0.39% Jan 12, 2024 - Jan 31, 2024	-0.59% Jan 21, 2026 - Jan 23, 2026
#13	-0.39% Mar 13, 2023 - Mar 15, 2023	-0.54% Mar 19, 2026 - Mar 24, 2026
#14	-0.32% May 15, 2024 - Jun 3, 2024	-0.19% Feb 9, 2026 - Feb 11, 2026
#15	-0.32% Jun 30, 2025 - Aug 1, 2025	N/A