ProShares is preparing to expand its lineup of Treasury bond exchange traded funds (ETFs) by filing with the Securities and Exchange Commission (SEC) for two new long funds.

ProShares has filed for two new long Treasury bond ETFs. The ETFs are:

• ProShares Ultra 7-10 Year Treasury
• ProShares Ultra 20+ Year Treasury

These new funds are in addition to ProShares’ existing Treasury bond funds, which are  ProShares UltraShort 7-10 Year Treasury (NYSEArca: PST), ProShares Short 20+ Year Treasury (NYSEArca: TBF) and ProShares UltraShort 20+Year treasury (NYSEArca: TBT)

Read the prospectus and be sure to fully understand how leveraged and inverse ETFs work before you buy. They’re very unique products and are not right for everyone. (Read all about how leveraged and inverse ETFs work).

For more stories about new ETFs, visit our new ETF category.

Tags: Bond ETFs, Long-Short ETFs, New ETFs, TBF, TBT, Treasury Bonds