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ProShares UltraShort 20+ Year Treasury (TBT)

34.72
BATS BZX Real-Time Price
As of 1:35pm ET
 -0.06 / -0.17%
Today’s Change
32.99
Today|||52-Week Range
42.14
+2.78%
Year-to-Date

Investment Objective

The investment seeks daily investment results- before fees and expenses- that correspond to two times the inverse (-2x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. The fund invests in derivatives that ProShare Advisors believes- in combination- should have similar daily return characteristics as two times the inverse of the daily return of the index. The index is part of a series of indices designed to measure the performance of the U.S. Treasury market. The index is market value weighted and consists of U.S. dollar-denominated- fixed rate securities with minimum term to maturity greater than twenty years. It is non-diversified.

5 ETF Ways Bond Bears Must Try in 2018
Jan 11 / Zacks.com - Paid Partner Content
 

Performance

1 month+4.76% 3 years-5.52%
3 months-0.54% 5 years-11.57%
1 year-11.30% Since inception-19.30%
Data through 01/17/2018

Quote Details

Previous close$34.78
Open day’s range34.47 – 34.85
Net asset value (NAV)34.77 (01/16/2018)
Daily volume320,656
Average volume (3 months)2,499,597
Data as of 1:35pm ET, 01/17/2018

Peer Comparisonvs. Trading--inverse debt ETFs

 TBTCategory
Performance 5-yr return-11.57%-13.37%
Expense Gross exp ratio0.90%1.89%
Risk 5 year sharpe ratio-0.48--
Net assets$2.0B$23.9M
Average market cap--$71.0B
Average P/E--19.7
Dividend / Share--2.41%

Competitors

TAPR Barclays Inverse US Treasury Aggregate E...
DTYS iPath® US Treasury 10-year Bear ETN
SAGG Direxion Daily Total Bond Market Bear 1X...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 25.69%
-- 21.77%
-- 21.53%
-- 19.26%
-- 7.32%
-- 1.52%
-- 1.51%
-- 1.47%
-- 1.03%
-- 0.99%