ProSharesInverse BondTBT · NYSE Arca

ProShares UltraShort 20+ Year Treasury (TBT)

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Price: $39.51; —11 Sept 2026
Assets: $297.1M; Total net assets
Expense ratio: 0.93%; Category 0.00%
Yield: 2.54%; Trailing distributions

1Y return: 22.4%+3.3%; Category 19.0%
3Y CAGR: 8.0%+2.5%; Category 5.5%
5Y CAGR: 21.4%+5.8%; Category 15.6%

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ProShares UltraShort 20+ Year Treasury

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+2.9%	+11.9%	+13.0%	+14.3%	+22.4%	+8.0%	+21.4%	+3.8%	-9.3%
Inverse Bond average	3.3%	9.5%	11.3%	13.1%	19.0%	5.5%	15.6%	2.0%	-4.1%
Difference	-0.4%	+2.4%	+1.7%	+1.3%	+3.3%	+2.5%	+5.8%	+1.8%	-5.2%

Holdings

The 1 largest positions make up 77.5% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
IQMM	ProShares GENIUS Money Market ETF	77.50%

Credit quality

Share of the bonds by rating.

US government85.8%

Asset mix

Cash91.1%
Stocks8.9%

ETF details

Issuer: ProShares
Category: Fixed Income · Inverse Bond
Ticker: TBT
Exchange: NYSE Arca
Inception: 29 Apr 2008 (18.4 years)
Structure: Exchange Traded Fund
Expense ratio: 0.93% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 2.54%
Beta, 3 years: -4.81
Total net assets: $297.1M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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