TBF

ProShares Short 20+ Year Treasury ETF

$23.84
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The TBF - ProShares Short 20+ Year Treasury ETF seeks to provide inverse exposure to the performance of long-term U.S. Treasury bonds.

Overview

ETF tracking ProShares Short 20+ Year Treasury ETF

Category Treasury
Issuer ProShares
Inception Date 2009-08-20
Market Cap $71.3M
Average Volume N/A
Dividend Yield 3.61%
52-Week Range $23.01 - $25.48
VWAP $23.81

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The TBF - ProShares Short 20+ Year Treasury ETF seeks to provide inverse exposure to the performance of long-term U.S. Treasury bonds.

🎯 Investment Strategy

The fund aims to track the inverse performance of the ICE U.S. Treasury 20+ Year Bond Index, which measures the performance of U.S. Treasury bonds with remaining maturities greater than 20 years. By taking short positions, the fund seeks to profit when long-term Treasury prices decline.

✨ Key Features

  • Provides inverse exposure to long-term U.S. Treasury bonds
  • Seeks to profit when long-term Treasury prices fall
  • No assets under management currently
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Inverse performance risk - the fund's returns will be the opposite of the underlying index, amplifying both gains and losses
  • Interest rate risk - rising interest rates can negatively impact long-term Treasury bond prices
  • Liquidity risk - the fund may have limited trading volume and liquidity
  • Tracking error risk - the fund may not perfectly track the inverse performance of the underlying index

👤 Best For

This ETF is best suited for experienced investors seeking to hedge against or profit from declines in long-term U.S. Treasury bond prices. It is a speculative investment and should be used with caution, as the inverse exposure can magnify both gains and losses.