UBT

ProShares Ultra 20+ Year Treasury

$17.27

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The ProShares Ultra 20+ Year Treasury ETF (UBT) seeks to provide investment results that correspond to twice (2x) the daily performance of the ICE U.S. Treasury 20+ Year Bond Index.

Overview

ETF tracking ProShares Ultra 20+ Year Treasury

Category Leveraged

Issuer ProShares

Inception Date 2010-01-21

Market Cap $97.1M

Average Volume N/A

Dividend Yield 4.29%

52-Week Range $15.50 - $19.86

VWAP $17.29

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The ProShares Ultra 20+ Year Treasury ETF (UBT) seeks to provide investment results that correspond to twice (2x) 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 provide leveraged exposure to the underlying index. The goal is to amplify the returns of the long-term U.S. Treasury bond market.

✨ Key Features

Provides 2x leveraged exposure to long-term U.S. Treasury bonds
Designed for short-term trading and not intended for long-term buy-and-hold investors
Employs complex financial instruments to achieve its leveraged objective
Has not yet accumulated significant assets under management

⚠️ Primary Risks

Significant volatility and risk of loss due to the leveraged nature of the fund
Potential for divergence between the fund's performance and the underlying index over longer time periods
Liquidity risk due to the fund's limited assets and trading volume
Counterparty risk associated with the use of derivatives and other financial instruments

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors with a short-term trading horizon who are looking to potentially amplify their exposure to long-term U.S. Treasury bonds. It is not recommended for long-term buy-and-hold investors or those with a low risk tolerance.