TBT ProShares - UltraShort 20+ Year Treasury
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 42.19 | Day Range | 42.03 – 42.62 |
| 52-Week Range | 31.69 – 43.77 | Volume | 328.23K |
| Avg Volume | 352.39K | AUM | $345.2M (Oct 10, 2026) |
| Expense Ratio | 0.93% | Yield (TTM) | 2.18% |
| NAV | 42.11 | Premium/Discount | -0.14% indicative |
| Inception | Apr 29, 2008 | Holdings | 10 |
| Issuer | ProShares | Exchange | AMEX |
| Category | Treasury Bonds | Index Tracked | Not stated in source data |
| CUSIP | 74347B201 | ISIN | US74347B2016 |
| Structure | Leveraged -2x Inverse | ||
| Management | Not stated in source data | ||
About this ETF
This ProShares UltraShort 20+ Year Treasury fund is designed to achieve daily investment returns. Its goal is to mirror, with a double inverse (-2x) leverage, the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. All stated results are calculated before any fees and expenses are applied.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +8.77% | +15.81% | +19.66% | +20.35% | +24.52% | +1.05% | +17.35% | +2.25% | -9.70% |
| Total return | +8.77% | +15.81% | +20.38% | +21.64% | +26.96% | +4.88% | +20.87% | +4.12% | -8.80% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.93% | Annual cost of a $10,000 investment | $93.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 10 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | PROSHARES GENIUS MNY MKT ETF | IQMM | 66.71% | 2.30M | $230.3M |
| 2 | Net Other Assets (Liabilities) | — | 26.11% | 90.11M | $90.1M |
| 3 | TREASURY BILL, 0%, due 2026-12-29 | — | 7.18% | 25.00M | $24.8M |
| 4 | ICE 20+ YEAR U.S. TREASURY INDEX SWAP SOCIETE… | — | 0.00% | -520.93K | $0.00 |
| 5 | ICE 20+ YEAR U.S. TREASURY INDEX SWAP GOLDMAN… | — | 0.00% | -1.38M | $0.00 |
| 6 | ICE 20+ YEAR U.S. TREASURY INDEX SWAP BANK OF… | — | 0.00% | -1.59M | $0.00 |
| 7 | ICE 20+ Year U.S. Treasury Index SWAP Barclays… | — | 0.00% | -1.16M | $0.00 |
| 8 | US LONG BOND(CBT) BOND 21/DEC/2026 USZ6 COMDTY | — | 0.00% | -110 | $0.00 |
| 9 | ICE 20+ YEAR U.S. TREASURY INDEX SWAP CITIBANK… | — | 0.00% | -1.50M | $0.00 |
| 10 | ICE 20+ YEAR U.S. TREASURY INDEX SWAP MORGAN… | — | 0.00% | -1.56M | $0.00 |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.18% | Paid (last 12 months) | $0.9152 |
| Frequency | Quarterly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 23, 2026 | Last payment | $0.2265 (Sep 29, 2026) |
| Growth 1Y | -27.33% | Growth 3Y / 5Y (ann.) | -6.43% / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 23, 2026 | Sep 23, 2026 | Sep 29, 2026 | $0.2265 |
| Jun 24, 2026 | Jun 24, 2026 | Jun 30, 2026 | $0.2119 |
| Mar 25, 2026 | Mar 25, 2026 | Mar 31, 2026 | $0.1692 |
| Dec 24, 2025 | Dec 24, 2025 | Dec 31, 2025 | $0.3076 |
| Sep 24, 2025 | Sep 24, 2025 | Sep 30, 2025 | $0.2796 |
| Jun 25, 2025 | Jun 25, 2025 | Jul 01, 2025 | $0.2803 |
| Mar 26, 2025 | Mar 26, 2025 | Apr 01, 2025 | $0.2549 |
| Dec 23, 2024 | Dec 23, 2024 | Dec 31, 2024 | $0.4445 |
| Sep 25, 2024 | Sep 25, 2024 | Oct 02, 2024 | $0.4178 |
| Jun 26, 2024 | Jun 26, 2024 | Jul 03, 2024 | $0.4755 |
| Mar 20, 2024 | Mar 21, 2024 | Mar 27, 2024 | $0.3606 |
| Dec 20, 2023 | Dec 21, 2023 | Dec 28, 2023 | $0.5226 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 18.99% / 26.26% | Sharpe 1Y / 3Y | 1.55 / 0.23 |
| Max drawdown 1Y / 3Y | -10.01% / -33.85% | Sortino 1Y | 2.42 |
| Beta vs S&P 500 (3Y) | -0.231 | Correlation vs S&P 500 (1Y) | -0.322 |
| Downside deviation 1Y | 12.19% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 328.23K | Average volume | 352.39K |
| AUM | $345.2M | Premium/Discount | -0.14% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$11.5M | -3.21% | $356.7M → $345.2M |
| 1 Month | $20.6M | +6.77% | $304.9M → $345.2M |
| 1 Week | -$8.1M | -2.28% | $357.4M → $345.2M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for TBT
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.