TBXProShares Short 7-10 Year Treasury
TBX Fund Description
The ProShares Short 7-10 Year Treasury ETF provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years.
TBX Factset Analytics Insight
TBX provides daily inverse (-1x) exposure to the performance of an index of US Treasurys with 7 to 10 years remaining in maturity. It charges a segment-average fee for holding a combination of index swaps and US Treasury futures. As an inverse instrument, TBX appreciates when interest rates rise, making it a daily bet on and/or hedge against rising rates. As a tactical tool, investors can worry a bit less about TBX's high fee, but they should pay extra attention to TBX's trading characteristics to determine if it has enough liquidity to support same-day entry and exit. In general, volume is lackluster. Note: Due to the daily reset feature, TBX requires constant monitoring and rebalancing if used as an interest-rate hedge.
TBX changed its underlying index from Bloomberg Barclays U.S. 7-10 Year Treasury Bond Index to ICE U.S. Treasury 7-10 Year Bond Index on 10/14/2016. The change has minimal impact on investor's exposure.
TBX CHARTS AND PERFORMANCE
TBX Summary Data
TBX Portfolio Data
TBX Index Data
TBX Fund Structure
TBX Tax Exposures
TBX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of TBX. TBX is rated a 5 out of 5.