ProShares Short 20+ Year Treasury
Ticker
TBF
ISIN
US74347X849
Price
USD 24.04
Change Today
-0.12 / -0.497 %
Price 1 year ago
24.03 / 0.062 %
Morningstar
-
52 Week Low
21.04
52 Week High
24.40
200 Day Moving Average 22.96
22.96
50-day Moving Average
22.78
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | -1.03 |
| Sortino Ratio | -0.77 |
| Maximum Drawdown | -12.1% |
| Maximum Drawdown Date | 2023-12-27 |
| Calmar Ratio | 4.10 |
1 year
| Parameter | Value |
|---|---|
| Return | -2.32 |
| Volatility | 6.942% |
| Alpha | +2.37 |
| Beta | None |
| R Squared | +87.64 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | -2.982% |
| Average Annual Volatility | 15.017% |
| Sharpe Ratio | -0.20 |
| Sortino Ratio | -0.56 |
| Maximum Drawdown | -70.0% |
| Maximum Drawdown Date | 2020-08-04 |
| Calmar Ratio | 0.04 |
Company information
Summary
The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes publicly-issued U.S. Treasury securities with minimum term to maturity greater than or equal to twenty years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. The fund is non-diversified.
Market
US
Category
Trading--Inverse Debt
Expense Ratio
0.92%
Fund family
ProShares
Morningstar
-
Yield
-
Exchange
PCX
| Sector | Weight |
|---|---|
| Realestate | 0.00% |
| Consumer cyclical | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Industrials | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
| Country | Ratio |
|---|---|
| United States | — |
| Canada | — |
| Argentina | — |
| Brazil | — |
| Chile | — |
| Colombia | — |
| Mexico | — |
| Peru | — |
| Venezuela | — |
| United Kingdom | — |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| ICE 20+ Year U.S. Treasury Index SWAP Goldman Sachs International | 46.63% | |
| Ice 20+ Year U.S. Treasury Index Swap Citibank Na | 20.42% | |
| Ice 20+ Year U.S. Treasury Index Swap Societe Generale | 12.85% | |
| United States Treasury Bills | 9.61% | |
| ZBZ0 | US Treasury Bond Future Dec 20 | 1.33% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| ERNA.L | iShares $ Ultrashort Bond UCITS ETF | DE000A1W4WE | LSE | 0.09% | 5 | +0.03 | -- |
| JMST | JPMorgan Ultra-Short Municipal Income ETF | US46641Q654 | BTS | 0.18% | 5 | -0.99 | -- |
| JPST | JPMorgan Ultra-Short Income ETF | US46641Q837 | PCX | 0.18% | 5 | -0.35 | |
| PULS | PGIM Ultra Short Bond ETF | US69344A107 | PCX | 0.15% | 5 | +0.17 | -- |
| VTIP | Vanguard Short-Term Inflation-Protected Securities Index Fund | US922020805 | NGM | 0.04% | 5 | -0.38 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.