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UBT vs WX

ProShares Ultra 20+ Year Treasury

UBTBNYSE Arca

Corgi All World 2x Daily ETF

WXCCboe

Overlap

Expense ratio

WX −0.75pt a year

UBT0.95%WX0.20%

Avg volume · 30D

UBT 287.5×the volume

UBT81.9KWX285

UBT vs WX Performance

Jul 31, 2026 – Oct 30, 2026

+0.3%UBT−3.2%WX

Jul 31, 2026 to Oct 30, 2026. UBT +0.3%. WX −3.2%. Use the arrow keys to read each point.−10%5%Jul 2026Sep 2026Oct 2026
Expense ratio
UBT 0.95%
WX 0.20%, better
Fund size
UBT $68M
WX $1M
1Y total return
UBT −14.5%
WX No data
Yield (12M)
UBT 3.27%
WX No data
Holdings
UBT 3
WX 1
Avg volume (30D)
UBT 81.9K sh, better
WX 285 sh
NAV per share
UBT $14.69
WX $22.96
52W range

ETF.net Grade

UBT: Cost 51, Risk 55, Mission not scored, Tradability 71, Holdings 38, Durability 73. WX: Cost 100, Risk 71, Mission not scored, Tradability 31, Holdings not scored, Durability 23.
Pillar letters and Scores for UBT, WX, with each pillar’s weight
PillarUBTWX
Cost30% weightC51A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightB55A71Higher
Tradability15% weightA71HigherD31
Holdings10% weightD38Not scored
Durability5% weightA73HigherF23

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. UBT and WX are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

UBT ranks 13th and WX 37th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 12BUGEProShares Ultra Consumer StaplesScore 60
  2. Rank 13BUBTProShares Ultra 20+ Year TreasuryScore 58
  3. Rank 13BUSTProShares Ultra 7-10 Year TreasuryScore 58
  4. Rank 37CWLDULeverage Shares 2x Long World SScore 40
  5. Rank 37CWXCorgi All World 2x Daily ETFScore 40
  6. Rank 37CXBIXCorgi U.S. Biotech 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

UBTBProShares Ultra 20+ Year Treasury

WXCCorgi All World 2x Daily ETF

In short

UBT The leveraged bull aisle is wall-to-wall stock funds. UBT is the duration trade: 2x the daily move of the ICE U.S. Treasury 20+ Year Bond Index, and ProShares calls it the only ETF targeting that exact 2x.

WX No data

Stated mandate

UBT The Fund seeks daily investment results, before fees and expenses, that correspond to two times the daily performance of the ICE U.S. Treasury 20+ Year Bond Index.

WX No data

Why people hold it

  • UBT A one-off by its issuer's account: ProShares states UBT is the only ETF targeting 2x the daily return of the ICE U.S. Treasury 20+ Year Bond Index.proshares.com
  • 0.95% net of a waiver through September 30, 2027 (0.98% gross), near the category median and level with stablemate DDM at 0.95%.
  • Trading since January 2010, through zero-rate years and the rate spike that followed. Among the more solid builds in a crowded leveraged-long field.
  • 2x is the gentler dial on long-Treasury leverage; the same index is also tracked at 3x daily by a competing fund, where compounding bites harder.direxion.com

WX No data

Worth knowing

  • UBT The 2x target resets every day, so results over weeks or months depend on the path the index took, not just where it ended. Choppy stretches work against you.proshares.com
  • Bonds maturing in 20+ years are the most rate-sensitive corner of the Treasury curve. Doubling that daily move magnifies both directions.
  • Moderately traded next to the leveraged equity heavyweights, so spreads and order type matter more here than in the category's busiest names.

WX No data

Full UBT profile⁠

Full WX profile⁠

UBT vs WX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

UBT vs WX Cost

Overpaying UBT vs WX

$13,714

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • UBT 0.95%

    $17,869

  • WX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • UBT 0.95%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UBT $17,869WX $4,155

Year by year

YearUBTWXOverpaying
10$1,678$365$1,313
20$6,322$1,421$4,901
30$17,869$4,155$13,714

Expense ratio

  • 0.95%UBT
  • 0.20%WX, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

WX cheapest of 95 funds

UBT 32nd cheapest of 95 funds

UBT vs WX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
UBT 3.27%
WX No data
Payout (12M)
UBT $0.48
WX None
Last payment
UBT $0.11
WX No data
Ex-dividend
UBT Sep 23, 2026
WX No data
Paid on
UBT Sep 29, 2026
WX No data
Frequency
UBT Quarterly
WX No data

Distribution history

Per share, 2017 to 2026, same scale for both

UBTQuarterly · 29 paymentsAll UBT payments⁠
One bar per payment. 29 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.17; Jun 21, 2017 $0.12; Sep 27, 2017 $0.13; Dec 26, 2017 $0.15; Mar 21, 2018 $0.11; Jun 20, 2018 $0.18; Sep 26, 2018 $0.14; Dec 26, 2018 $0.17; Mar 20, 2019 $0.13; Jun 25, 2019 $0.24; Sep 25, 2019 $0.12; Dec 24, 2019 $0.23; Mar 25, 2020 $0.16; Dec 22, 2022 $0.07; Mar 22, 2023 $0.14; Jun 21, 2023 $0.24; Sep 20, 2023 $0.20; Dec 20, 2023 $0.22; Mar 20, 2024 $0.15; Jun 26, 2024 $0.21; Sep 25, 2024 $0.19; Dec 23, 2024 $0.21; Mar 26, 2025 $0.14; Jun 25, 2025 $0.20; Sep 24, 2025 $0.19; Dec 24, 2025 $0.17; Mar 25, 2026 $0.07; Jun 24, 2026 $0.12; Sep 23, 2026 $0.11. Use the arrow keys to read each point.$0$0.252017202020232026YTD
WXAll WX payments⁠

No distribution history available.

UBT vs WX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
UBT 26.7%WX No data
Return per unit of riskSharpe ratio, 3 years
UBT −0.02WX No data
Worst fallMax drawdown, 5 years
UBT −74.8%WX No data
Market sensitivityBeta, 5 years
UBT 4.79WX 2.76

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