UBTProShares Ultra 20+ Year Treasury
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 leveraged (2x) exposure to the ICE U.S. Treasury 20+ Year Bond Index. It holds a combination of index swaps, US long bond futures, and Treasury bonds with at least 20 years remaining to maturity to deliver the leveraged return pattern. As a result, UBT is a hugely sensitive bet on declining interest rates. Due to daily reset and compounding, UBT is not designed as a long-term fixed-income investing instrument, which means its high fees matter less than its trading costs. On this score, UBT is decent but hardly a standout, with middling volume and sizeable spreads most days.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 on 10/14/2016. The change has 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 6.70 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 Ultra 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.
UBT CHARTS AND PERFORMANCE
UBT Summary Data
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UBT Fund Structure
UBT Tax Exposures
UBT Factset Analytics Block Liquidity
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.