UBT

ProShares Ultra 20+ Year Treasury

ProShares Ultra 20+ Year Treasury seeks to provide financial results that correspond to twice the performance of the daily price movements of the ICE U.S. Treasury 20+ Year Bond Index.

Risk Management

DERIVATIVES

Rules-Based

MANAGEMENT STYLE

131.8 M

ASSETS UNDER MGMT

95 bp

EXPENSES
Fund Basics
Fund sponsorProShares
CategoryRisk Management
Asset classDerivatives
Websitelink...
Inception dateJan 19, 2010
Assets (mns)$134
Expense ratio95 bp
Fund Structure
RegulationOpen-Ended Fund
Distributions
Taxation1099
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Asset Allocation
Historical Performance
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Standardized Performance (as of 06/30/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns -0.1% -10.3% -17.6% -19.8% -24.0% -7.0% -- -0.4%
Dividend Yield 2.0% 3.7% 3.3% 2.6% 1.5% 1.5% -- 1.2%
Total Returns 1.9% -6.6% -14.4% -17.2% -22.6% -5.5% -- 0.8%
Ann. Volatility 28.3% 28.1% 30.6% 33.5% 32.0% 29.9% -- 30.0%
Market Correlations
versus...BetaR-squared
S&P 5001.2536%
MSCI EAFE1.5358%
MSCI Emg Mkts1.4655%
Liquidity Measures
Avg. volume (000)231
ADV traded (mns)$4
Turnover2.8%
Avg. Bid/Ask (% of price)0.19%
Technical Indicators
Recent close$15.83
30d moving avg.$16.34
Annualized volatility33.3%
Relative strength (RSI)47
Short interest0.8%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Expense Analysis

Peer Group Rules-Based
Risk Management Derivatives ETFs
# of ETFs 5
Avg. Expense Ratio 75.2 bp
Std. Deviation 11.7 bp
UBT (95 bp) Percentile rank 76
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)		 Avg. Bid/Ask (bp)
(B)		 TCO (bp)
(A)+(B)
UBT 95.0 19.2 114.2
Peer Avg. 94.4 33.5 127.9
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .