TTT

ProShares UltraPro Short 20+ Year Treasury
*Unless otherwise stated, data provided by FactSet.

TTT Fund Description

TTT provides 3x inverse exposure, reset daily, to an index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years.

TTT Factset Analytics Insight

TTT is a solid option for tactical bets on rising interest rates. The fund's high sensitivity to rate changes stems from swap positions that deliver, on a daily basis, three times the inverse return of an index that only holds T-bonds with more than 20 years left to maturity, meaning its exposure to the far end of the Treasury curve is extremely pure. The daily reset means investors shouldn't expect the leverage factor to hold constant over investment horizons longer than one day. The high level of leverage results in greater impact from the effects of compounding. Like most other funds in its segment, the fund charges a high fee, though most investors won't be holding it for long. TTT has adequate volume to meet the needs of retail traders, though spreads can run wide.TTT changed its underlying index from the Bloomberg Barclays U.S. 20+ Year Treasury Bond Index to the ICE U.S. Treasury 20+ Year Bond Index on 10/14/2016. The change had minimal impact on exposure.

TTT MSCI ESG Analytics Insight

ProShares UltraPro Short 20+ Year Treasury has an MSCI ESG Fund Rating of A based on a score of 6.70 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. ProShares UltraPro Short 20+ Year Treasury ranks in the 83th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

TTT CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/13/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TTT -13.83% -19.92% -22.14% -28.55% -7.16% -21.15% --
TTT (NAV) -12.46% -21.08% -23.07% -29.46% -7.06% -21.27% --
ICE U.S. Treasury 20+ Year Bond Index 4.55% 8.41% 9.55% 13.19% 1.61% 5.94% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TTT Summary Data

ProShares
03/27/12
Open-Ended Fund
0.95%
$38.69M
0.11%

TTT Portfolio Data

0.89%
06/25/19

TTT Index Data

Market Value
Market Value
N/A

TTT Fund Structure

Yes
No
No Policy
N/A
N/A
High
-3
Daily

TTT Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

TTT Factset Analytics Block Liquidity

As of 06/14/19
5
4
3
2
1

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

TTT Tradability

27,573
$605.11K
22,255
$510.98K
0.11%
$0.02
-0.08%
2.20% / -2.29%
None
0.00%
50,000
0.45
0.02%
--
1,732
$19.82
N/A

TTT MSCI ESG Ratings

A
6.70 / 10
--
83.04
--
--
--