ProShares Ultra 20+ Year TreasuryProShares Ultra 20+ Year TreasuryProShares Ultra 20+ Year Treasury

ProShares Ultra 20+ Year Treasury

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Key stats


Assets under management (AUM)
‪155.37 M‬USD
Fund flows (1Y)
‪78.06 M‬USD
Dividend yield (indicated)
4.83%
Discount/Premium to NAV
0.010%
Shares outstanding
‪10.03 M‬
Expense ratio
0.95%

About ProShares Ultra 20+ Year Treasury


Issuer
ProShare Advisors LLC
Brand
ProShares
Home page
Inception date
Jan 19, 2010
Structure
Open-Ended Fund
Index tracked
US Treasury 20+ Year Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
UBT provides daily 2x exposure to the ICE U.S. Treasury 20+ Year Bond Index. Using a combination of swaps and futures, UBT gives investors 2x exposure to daily moves in T-bonds with more than 20 years left to maturity. The daily reset means investors shouldn't expect the leverage factor to hold constant over investment horizons greater than one day. In short, the fund is a valid option for tactical positioning/hedging against rising interest rates, but it's important to keep in mind that the 2x leverage results in greater impact from the effects of compounding. As a levered product, UBT is not a buy-and-hold ETF, it's a short-term tactical instrument. Prior to Oct. 14, 2016, UBT changed its underlying index from the Bloomberg Barclays U.S. 20+ Year Treasury Bond Index to the ICE U.S. Treasury 20+ Year Bond Index. The change had minimal impact on investor's exposure.

Classification


Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Long-term
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Government
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to UBT via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
UBT trades at 15.75 USD today, its price has risen 0.57% in the past 24 hours. Track more dynamics on UBT price chart.
UBT net asset value is 15.65 today — it's fallen 4.57% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
UBT assets under management is ‪155.37 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
UBT price has fallen by −8.38% over the last month, and its yearly performance shows a −17.24% decrease. See more dynamics on UBT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.57% over the last month, showed a −9.74% decrease in three-month performance and has decreased by −14.23% in a year.
UBT fund flows account for ‪78.06 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
UBT invests in cash. See more details in our Analysis section.
UBT expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, UBT is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, UBT technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating UBT shows the sell signal. See more of UBT technicals for a more comprehensive analysis.
Yes, UBT pays dividends to its holders with the dividend yield of 4.83%.
UBT trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
UBT shares are issued by ProShare Advisors LLC
UBT follows the US Treasury 20+ Year Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 19, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.