TBX

ProShares Short 7-10 Year Treasury
*Unless otherwise stated, data provided by FactSet.

TBX Fund Description

TBX 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. The fund holds a combination of index swaps and US Treasury futures to provide its exposure. 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 expense ratio, 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. 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 October 14, 2016. The change has minimal impact on investor's exposure.

PERFORMANCE [as of 07/27/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TBX -2.13% -2.78% 1.09% 2.09% -5.56% -2.03% -4.15%
TBX (NAV) -2.58% -3.74% 0.64% 1.41% -5.70% -2.08% -4.20%
ICE U.S. Treasury 7-10 Year Bond Index 2.54% 3.40% -1.56% -2.87% 6.71% 2.70% 3.86%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TBX Summary Data

ProShares
04/04/11
Open-Ended Fund
0.95%
$74.85M
0.07%
TYO, PST

TBX Portfolio Data

0.09%
N/A

TBX Index Data

Market Value
Market Value
N/A

TBX Fund Structure

Yes
No
-- / --
N/A
N/A
Low
-1
Daily

TBX Tax Exposures

20.00% / 39.60%
--
No

TBX Factset Analytics Block Liquidity

As of 07/28/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of TBX. TBX is rated a N/A out of 5.

TBX Tradability

72,481
$1.78M
35,047
$860.43K
0.07%
$0.02
0.00%
0.15% / -0.45%
None
100.00%
25,000
1.40
0.04%
--
0
$24.05
N/A