ProSharesInverse BondTBT · NYSE Arca

ProShares UltraShort 20+ Year Treasury (TBT)

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Price: $38.41; —30 Oct 2026
Assets: $358.8M; Total net assets
Expense ratio: 0.93%; Category 0.00%
Yield: 2.16%; Trailing distributions

1Y return: 19.9%+3.5%; Category 16.4%
3Y CAGR: -0.1%+0.2%; Category -0.3%
5Y CAGR: 20.9%+5.9%; Category 15.0%

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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	-9.6%	+0.5%	+8.7%	+11.8%	+19.9%	-0.1%	+20.9%	+2.9%	-9.4%
Inverse Bond average	-6.7%	1.4%	8.1%	11.3%	16.4%	-0.3%	15.0%	1.4%	-4.3%
Difference	-2.9%	-0.9%	+0.6%	+0.5%	+3.5%	+0.2%	+5.9%	+1.5%	-5.1%

Holdings

The 1 largest positions make up 64.4% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
IQMM	ProShares GENIUS Money Market ETF	64.41%

Credit quality

Share of the bonds by rating.

US government71.1%

Asset mix

Cash82.6%
Stocks17.6%

ETF details

Issuer: ProShares
Category: Fixed Income · Inverse Bond
Ticker: TBT
Exchange: NYSE Arca
Inception: 29 Apr 2008 (18.5 years)
Structure: Exchange Traded Fund
Expense ratio: 0.93% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 2.16%
Beta, 3 years: -4.61
Total net assets: $358.8M

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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