TBXProShares Short 7-10 Year Treasury
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.
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 N/A out of 5.