USTProShares Ultra 7-10 Year Treasury
UST Fund Description
The ProShares Ultra 7-10 Year Treasury ETF provides 2x leveraged exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years.
UST Factset Analytics Insight
UST is a leveraged play on the intermediate portion of the US Treasury yield curve, providing 2x exposure to the daily returns of an index of US Treasury securities with 7 to 10 year years remaining in maturity. Targeting this pocket gives UST significant interest rate sensitivity, and sets it apart from the many funds that target 1 to 10 year Treasury securities. The daily reset feature means investors shouldn't expect the return and leverage factor to remain consistent for more than a single day, meaning this is really a tactical tool rather than something to be held long-term. That also means that trading costs matter much more here than fees, and on this front UST has some vulnerabilities. It trades thinly most days, often with sizeable spreads, so investors should pay close attention to its daily trading characteristics to determine if it has enough liquidity to support same-day entry and exit.
UST 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 investors' exposure.
UST MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 21, 2018 the ProShares Ultra 7-10 Year Treasury MSCI ESG Fund Quality Score is 6.89 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. UST ranks in the 0th percentile within its peer group and in the 92nd percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
UST CHARTS AND PERFORMANCE
UST Summary Data
UST Portfolio Data
UST Index Data
UST Fund Structure
UST Tax Exposures
UST Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UST. UST is rated a 5 out of 5.
UST MSCI ESG Ratings
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.