TBT
ProShares Trust UltraShort Lehman 20+ Year Treasury
📎 Investment Objective
The TBT ETF seeks to provide investment results that correspond to twice the inverse (-2x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index.
Overview
ETF tracking ProShares Trust UltraShort Lehman 20+ Year Treasury
Performance
Price Chart
Investment Summary
📎 Investment Objective
The TBT ETF seeks to provide investment results that correspond to twice the inverse (-2x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index.
🎯 Investment Strategy
The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to achieve its investment objective. It aims to provide a way for investors to potentially profit from or hedge against declines in the long-term U.S. Treasury bond market.
✨ Key Features
- Inverse exposure to long-term U.S. Treasury bonds
- Seeks to provide 2x the daily inverse performance of the ICE U.S. Treasury 20+ Year Bond Index
- Utilizes derivatives to achieve its investment objective
- Designed for short-term or tactical exposure, not long-term buy-and-hold
⚠️ Primary Risks
- Inverse and leveraged exposure magnifies both gains and losses
- Volatility risk due to the use of derivatives
- Potential for significant losses if the underlying index rises
- Liquidity risk and trading premium/discount to NAV
👤 Best For
The TBT ETF is designed for experienced, risk-tolerant investors who seek to potentially profit from or hedge against declines in the long-term U.S. Treasury bond market. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.
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