UBT

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

UBT Fund Description

UBT provides 2x exposure to a market-value-weighted index of US Treasury securities with remaining maturities greater than 20 years.

UBT Factset Analytics Insight

UBT provides daily 2x exposure to the ICE U.S. Treasury 20+ Year Bond Index. Using a combination of swaps and futures, UBT gives investors 2x exposure to daily moves in T-bonds with more than 20 years left to maturity. The daily reset means investors shouldn't expect the leverage factor to hold constant over investment horizons greater than one day. In short, the fund is a valid option for tactical positioning/hedging against rising interest rates, but it's important to keep in mind that the 2x leverage results in greater impact from the effects of compounding. As a levered product, UBT is not a buy-and-hold ETF, it's a short-term tactical instrument. Prior to Oct. 14, 2016, UBT 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. The change had minimal impact on investor's exposure.

UBT MSCI ESG Analytics Insight

ProShares Ultra 20+ Year Treasury has an MSCI ESG Fund Rating of A based on a score of 6.10 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 Ultra 20+ Year Treasury ranks in the 49th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 09/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UBT 0.62% 11.12% -8.23% -15.27% 17.91% 4.81% 6.69%
UBT (NAV) 1.73% 11.91% -7.40% -14.62% 18.33% 4.83% 5.99%
Bloomberg Long U.S. Treasury Index 0.81% 5.79% -3.06% -6.48% 11.01% 4.37% 4.63%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UBT Summary Data

ProShares
01/19/10
Open-Ended Fund
0.95%
$68.24M
0.08%
TMF

UBT Portfolio Data

0.34%
N/A

UBT Index Data

Market Value
Market Value
Bloomberg Long U.S. Treasury Index

UBT Fund Structure

Yes
No
-- / --
N/A
N/A
Low
2
Daily

UBT Tax Exposures

20.00% / 39.60%
--
No

UBT Factset Analytics Block Liquidity

As of 09/23/21
5
4
3
2
1

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

UBT Tradability

51,918
$2.89M
39,341
$2.17M
0.08%
$0.04
0.01%
2.89% / -1.08%
None
100.00%
25,000
1.57
0.02%
--
548
$57.46
N/A

UBT MSCI ESG Ratings

6.10 / 10
--
48.98
--
--
--