USTProShares Ultra 7-10 Year Treasury
UST Fund Description
UST provides 2x leveraged exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years.
UST Factset Analytics Insight
UST is a leveraged play on the intermediate portion of the US Treasury yield curve, providing 2x exposure to the daily returns of an index of US Treasury securities with 7 to 10 year years remaining in maturity. Targeting this pocket gives UST significant interest rate sensitivity, and sets it apart from the many funds that target 1 to 10 year Treasury securities. The daily reset feature means investors shouldn't expect the return and leverage factor to remain consistent for more than a single day, meaning this is really a tactical tool rather than something to be held long-term. That also means that trading costs matter much more here than fees, and on this front UST has some vulnerabilities. It trades thinly most days, often with sizeable spreads, so investors should pay close attention to its daily trading characteristics to determine if it has enough liquidity to support same-day entry and exit.UST 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 10/14/2016. The change has minimal impact on investors' exposure.
UST MSCI ESG Analytics Insight
ProShares Ultra 7-10 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 7-10 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.
UST CHARTS AND PERFORMANCE
UST Summary Data
UST Portfolio Data
UST Index Data
UST Fund Structure
UST Tax Exposures
UST Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UST. UST is rated a N/A out of 5.