ETF Resumé
TBTTicker Symbol |
ProShares UltraShort 20+ Year Treasury ETFFund |
70.26 
- Change 1.27 (1.8%)
- Volume 5.66 M
4:00 PM EDT Jun 19, 2013
U.S. Markets are closed
- Assets $3,888.1M
- Expense Ratio 0.92%
- Yield N/A
- Vs 50 Day EMA %
- Vs 200 Day EMA %
Fixed Income ETF
ProShares UltraShort 20+ Year Treasury is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital US Treasury 20+ Year Treasury Bond Index.
Performance
| TODAY | 1 DAY | 5 DAY | 10 DAY | 1 MO | 3 MO | 6 MO | 1 YR | 2 YR | 5 YR |
|---|---|---|---|---|---|---|---|---|---|
| 1.8% | 1.8% | 0.0% | 5.1% | 10.3% | 6.0% | 9.7% | 11.1% | -46.1% | -76.1% |
Last Close Volume
| AVG VOL (10 D) | CHANGE |
|---|---|
| 5,525,191 | 2.5% |
Trend on Last Close
| Price | EMA | EMA P | DATE CROSSED | |
|---|---|---|---|---|
| 50 DAY | 70.25 | 65.85 | 6.7% | 05-10-2013 |
| 200 DAY | 70.25 | 65.92 | 6.6% | 05-22-2013 |
Technical
| ALPHA | BETA | R2 | STD DEV |
|---|---|---|---|
| -0.0214 | 0.557 | 0.100 | 0.094 |
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Using Inverse ETFs to Hedge Interest Rate Risk
06-12-2013 05:11 PM by Tom Lydon
With interest rates rising, more aggressive traders are using short or inverse exchange traded funds to capitalize on weakening Treasuries and fixed-income assets, but the instruments do not come without risks. Timothy Strauts, ETF analyst at Morningstar, points out that funds...
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Inverse Treasury ETFs Rally as Bonds Off to Worst Start in Years
01-08-2013 09:09 AM by Tom Lydon
ETFs designed to short Treasuries are rallying to open the year as U.S. government debt is off to its worst start to a year since 2009. Treasury bonds are down nearly 1% so far in 2013. "It was the biggest decline for a first week since the Treasury was preparing to ramp up...
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Five ETFs to Protect Against Rising Interest Rates
10-13-2012 06:09 AM by Tom Lydon
After the multi-decade long rally in the Treasuries market, yields are now hovering around historic low rates. If you are wary of a potential rising rate environment, short duration and inverse Treasury exchange traded funds could help mitigate the risks in a fixed-income portfol...
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Bond Index ETFs for Rising Interest Rates
09-19-2012 08:09 AM by Tom Lydon
Treasury yields have ticked higher from the summer low as central bank stimulus has improved sentiment and nudged investors into riskier assets. Bond ETF investors can protect themselves from rising interest rates by moving into funds with shorter durations, while ETFs that short...
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Treasury ETFs Rally as 10-Year Yield Dips Below 1.8%
05-14-2012 08:52 AM by Paul Weisbruch, Street One Financial
Treasury yields fell Monday and bond ETFs rallied as fears Greece will leave the euro continued to rattle global markets. Most European indices were down more than 2% while yields on the 10-year Treasury note traded under 1.8% with investors preferring the safety of U.S. governme...
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Short ETFs: Treasury Bears Mauled by Bond Rally
04-09-2012 11:51 AM by John Spence
When a trade gets too crowded, it's usually time to expect the unexpected. Traders who loaded up on bearish bets against U.S. Treasuries using inverse ETFs are getting burned by rising bond prices and falling yields in April. Treasury yields fell to a one-month low on Monday f...
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Treasury ETF Bears Reload as Yields Fall
04-05-2012 01:18 PM by John Spence
Options traders continue to step up their bearish bets against Treasury exchange traded funds despite the move lower in yields the past two days, which has pushed bond prices higher. Traders have been using Treasury ETFs for weeks to position for falling bond prices. For examp...
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ProShares Adds Leveraged ETF That Shorts Treasuries
04-03-2012 07:00 AM by Tom Lydon
ProShares, an alternative exchange traded fund provider known for its inverse and leveraged products, launched a new geared long-term Treasury ETF, extending its current line of inverse Treasury funds as the investments attract greater attention on the heels of rising interest ra...
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Options Traders Bet on Higher Bond Yields with Short ETFs
03-28-2012 09:27 AM by John Spence
Options traders continue to position for higher yields and lower bond prices with ETFs that follow U.S. Treasuries. Treasury bears have surfaced again this week to snap up calls in ProShares UltraShort 20+ Year Treasury Bond (NYSEArca: TBT), says Paul Weisbruch, head of ETF/op...
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Is It Finally Time to Short Treasuries with ETFs?
03-21-2012 02:00 PM by Tom Lydon
Investors who bought U.S. Treasury ETFs for safety have been jarred by their steep pullback this month as yields move higher. Some aggressive traders are wondering if it's finally time to short Treasuries with inverse ETFs. Bond exchange traded funds have been popular as inves...
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Short ETFs for Rising Interest Rates
03-20-2012 12:24 PM by John Spence
Inverse exchange traded funds designed to short U.S. Treasuries have been getting more attention lately as yields rise and bond prices pull back. These bearish ETFs, some of which use leverage, include ProShares UltraShort 20+ Year Treasury (NYSEArca: TBT), ProShares UltraShor...
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ETF Chart of the Day: U.S. Treasury Bonds
03-15-2012 03:00 PM by Paul Weisbruch, Street One Financial
The last several days have been absolute carnage for many fixed income segments of the market, and their corresponding ETFs. We have highlighted options trading with bearish motivations toward longer dated treasuries for months now, involving call buying in ProShares UltraShor...
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Shorting Treasury Bonds with ETFs
03-13-2012 01:38 PM by John Spence
Exchange traded funds tracking long-term Treasuries are testing a key support level that if broken could lead to a move higher in yields. Inverse Treasury ETFs are one tool that institutional investors are using to hedge against a potential spike in long-term rates. There are ...
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Chart of the Day: Short ETFs for Treasuries
02-14-2012 11:29 AM by Paul Weisbruch, Street One Financial
Recently in the options markets, we have seen renewed interest in call buying in ProShares UltraShort 20+ Year Treasury Bond (NYSEArca: TBT), which is essentially a bearish bet against prices of longer dated Treasury bonds (and simultaneously a play on rising yields). Similarl...
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Treasury ETFs on the Precipice
01-24-2012 01:18 PM by John Spence
Are Treasury exchange traded funds on the verge of a major technical breakdown? U.S. government bond ETFs are giving off weak technical signals as markets await the Federal Reserve announcement and President Barack Obama's State of the Union address. For example, iShares Ba...
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ETFs That Short U.S. Treasury Bonds
01-23-2012 03:36 PM by John Spence
Exchange traded funds indexed to long-term U.S. Treasury bonds are on a losing streak due to investor preference for riskier assets such as stocks, and hints of progress on Europe's debt crisis. Now Goldman Sachs (GS) and some other Wall Street firms are recommending client...
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ETF Chart of the Day: Treasury Bonds
01-11-2012 01:23 PM by Paul Weisbruch, Street One Financial
Yields on the 10-year Treasury note touched 1.9% on Wednesday following a solid auction as investors continue to scramble for safety from the Eurozone debt crisis. The Treasury Department sold $21 billion in 10-year notes on Wednesday at a yield of 1.9%, the lowest level ever ...
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Investors Bet Against Treasuries with ETFs
11-29-2011 10:04 AM by John Spence
Some traders continue to position for lower U.S. Treasury bond prices with options on inverse exchange traded funds, according to the latest flow data. In Monday's stock rally, there was "reasonably heavy call volume" in options on ProShares UltraShort Barclays 20+ Year Treasu...
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Traders Tap ETFs to Profit from Higher Treasury Yields
11-15-2011 01:27 PM by John Spence
Recent activity in bond exchange traded funds shows some investors are positioning to profit if U.S. Treasury yields rise and bond prices decline. ProShares UltraShort Barclays 20+ Year Treasury (NYSEArca: TBT) has seen net inflows of $1.2 billion so far in 2011 through the en...
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Investors Shift to Large-Cap from Small-Cap ETFs
11-14-2011 08:02 AM by Paul Weisbruch, Street One Financial
Buying patterns in exchange traded funds suggest some investors are moving assets to large-cap ETFs from small-cap funds. The S&P 500 closed the week on a high note and again seems poised to challenge its 200 day moving average (currently 1272.27), which has provided resis...
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ETF Chart of the Day: Inverse Treasury Funds
11-11-2011 09:34 AM by Paul Weisbruch, Street One Financial
About a month ago we noted significant asset inflows in leveraged inverse Treasury-based exchange traded funds, notably Direxion Daily 20 Year Plus Treasury Bear 3X (NYSEArca: TMV) and ProShares UltraShort Barclays 20+ Year Treasury (NYSEArca: TBT). [ETF Chart of the Day] Thes...
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Treasury ETFs Catch Bid on Safety Trade
10-31-2011 04:42 PM by Tom Lydon
Exchange traded funds that invest in U.S. Treasury bonds rallied Monday on worries over Europe's debt bailout. Still, Treasury ETFs have posted losses for October as investors turned more upbeat on the global economy. Conservative investors have thrown billions into Treasury b...
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A Look at Recent Trends in ETF Options Trading
10-13-2011 04:00 PM by Paul Weisbruch, Street One Financial
Many of the gaps higher in recent trading sessions have been fueled by short covering as well as buy stops in the S&P 500 Index futures and related derivatives. For example, on Wednesday we saw a large S&P E-Mini futures buy stop order at the 1210 level in the SPX take...
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Treasury ETF Sell-Off Picks Up Speed as Yields Leap
10-12-2011 01:50 PM by John Spence
Exchange traded funds that follow U.S. Treasury bonds continued their steep slide Wednesday on talk European leaders will get a handle on the debt crisis. U.S. 30-year Treasury bonds were down for a six consecutive day, their longest losing streak since 2007, Bloomberg reporte...
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Traders Step Up Bearish Bets Against Treasury ETFs
10-11-2011 02:39 PM by Tom Lydon
Activity in bond exchange traded funds suggests traders have increased their wagers against U.S. government debt. As reported earlier this week, ETFs that bet against Treasuries have seen inflows recently as yields rise. Bond prices and yields move in opposite directions. In o...
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Aggressive Call Buying in Financial ETFs; Bond Fund Outflows
10-10-2011 08:12 AM by Paul Weisbruch, Street One Financial
With broad based equity exchange traded funds such as SPDR S&P 500 (NYSEArca: SPY) and iShares Russell 2000 (NYSEArca: IWM) finishing well off the intraday lows touched on Tuesday of last week, we did see some signs of a rotation away from Treasury ETFs and back into equities...
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Treasury ETFs Fall as Investors Regain Risk Appetite
10-07-2011 02:49 PM by John Spence
Exchange traded funds that invest in U.S. Treasury bonds pulled back this week as stocks and commodities benefited from investors regaining some of their appetite for riskier assets. Yields on the 10-year note climbed back above 2% on Friday and Treasury ETFs were in the red. ...
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Inverse Treasury ETFs in Focus on Renewed Bond Bubble Talk
08-31-2011 11:26 AM by Tom Lydon
Worries over the economy and global debt levels have caused investors to rush to safe havens such as U.S. Treasury bonds amid the volatility in stocks. Yields on the 10-year Treasury note recently dipped below 2% even though Standard & Poor's downgraded its triple-A rating...
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ETF Chart of the Day: Shorting U.S. Treasuries
08-04-2011 01:35 PM by Paul Weisbruch, Street One Financial
Fixed income exchange traded fund options have been active this week and so are the underlying ETFs from a volume standpoint. Bond prices continue to soar (with yields falling) amidst recent equity markets' weakness. From a price standpoint, corporate bonds as well as Treas...
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ETF Spotlight: ProShares UltraShort 20+ Year Treasury (TBT)
06-30-2011 07:58 AM by Tom Lydon
ETF Spotlight on ProShares UltraShort 20+ Year Treasury (NYSEArca: TBT), part of an ongoing series. Assets: $6.1 billion Objective: The ProShares UltraShort 20+ Year Treasury fund tries to reflect the daily performance that corresponds with twice (200%) the inverse (opposit...
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Long Treasury ETF Moves Lower After 2011 Peak
06-06-2011 03:15 PM by Tom Lydon
An exchange traded fund tracking long-dated Treasury bonds has pulled back somewhat after hitting its high for the year last week with investors scaling back risk in their portfolios. Despite all the chatter about the debt ceiling and inflation, iShares Barclays 20+ Year Treas...
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ETFs Close Mixed in Response to Greece Deal, U.S. Debt Warning
06-02-2011 05:50 PM by Tom Lydon
Stock exchange traded funds (ETFs) ended a volatile trading day mostly flat on reports of a Greece funding deal, while Moody issues a warning about U.S. Debt. The S&P 500 rebounded from earlier losses on Thursday following news of a fresh funding plan to help Greece pay of...
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Treasury ETFs Still Waiting for Higher Rates
05-16-2011 03:55 PM by Tom Lydon
Exchange traded funds that invest in Treasury bonds have been strong over the past month as yields decline, but many investors remain worried about the U.S. debt ceiling and higher interest rates. Eric Jacobson, Morningstar's director of fixed-income research, mentions the key...
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Treasury ETFs Rise but Jim Rogers Says Short Bonds
04-21-2011 06:54 AM by Tom Lydon
Another high-profile investor is readying a short bet against U.S. Treasury bonds if prices continue to rise. Noted investor Jim Rogers on Thursday said he plans to sell short Treasury bonds if their prices keep climbing. An investor who shorts bonds profits when their prices ...
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Treasury ETFs Rise Following CPI Report
04-15-2011 09:07 AM by John Spence
Exchange traded funds (ETFs) that invest in U.S. Treasury bonds rallied Friday after the government reported consumer-price data that showed inflation didn't rise as much as some analysts had expected in March. The iShares Barclays 20+ Year Treasury Bond Fund (NYSEArca: TLT) ...
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These ETFs Short Treasurys Like Bill Gross
04-11-2011 05:59 AM by John Spence
Bill Gross has reportedly initiated a short position in U.S. government debt in PIMCO's Total Return Fund after scaling back the fund's investments in Treasury bonds. Gross, who runs the world's biggest bond fund, is betting on further weakness in Treasurys, accoroding to repo...
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PIMCOs Gross Exits Treasuries - What About ETFs?
03-10-2011 11:00 AM by Tom Lydon
History is filled with economic cycles, and the Treasury exchange traded fund (ETF) bonds market may soon come under pressure. The world's largest bond fund, PIMCO Total Return Fund (PTTRX), reduced its exposure to U.S. government debt to zero last month, reports Joe Morris o...
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Confidence Comes at a Cost for Treasury ETFs
01-12-2011 12:00 PM by Tom Lydon
Economic sentiment is improving. That's a positive for the markets, but it's been bad news for Treasury exchange traded funds (ETFs) today. Portugal stepped forward with a big bond sale to prove that it can still raise money in international markets. The downside to that is th...
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Jobs Data Has Short Treasury ETF Hopping
01-05-2011 12:00 PM by Tom Lydon
Today's better-than-expected jobs data is a mixed blessing for Treasury bond exchange traded funds (ETFs). In response to job growth that was triple what economists forecast, Treasuries have been tanking today as investors move out of them and into riskier and better-yielding ...
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Two ETF Types to Battle Inflation
01-05-2011 06:00 AM by Tom Lydon
Inflation or deflation, that is the question. If it's inflation, here are a few exchange traded funds (ETFs) that may help ease your pain. Kevin Depew for Minyanville says there are some things you should know about our current economic climate, because we're in confusing time...
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Should We Be Worried About Treasury ETFs?
12-23-2010 01:00 AM by Tom Lydon
Treasury bonds and exchange traded funds (ETFs) that hold them can be some of the safest investments any investor can hope to hold. However, high government debt and an unwillingness to address current problems are putting bondholders on edge. Former Federal Reserve Chairman A...
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Treasury ETFs Up As Worries Mount...But Will It Last?
12-17-2010 11:00 AM by Tom Lydon
After struggling to find their footing in the last month, Treasury bond exchange traded funds (ETFs) are once again seeing their prices increase today. But does this mean that they've turned over a new leaf? The recent rise in yields has surprised many investors in bond ETFs. ...
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Treasury ETF Holders Need a Wake-Up Call
12-15-2010 11:00 AM by Tom Lydon
If you're holding long-term Treasury bond exchange traded funds (ETFs), look out below. That's because Treasuries have gotten hammered lately. For confirmation, check out ProShares UltraShort 20+ Year Treasury (NYSEArca: TBT), which we've been writing about since it crossed th...
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What to Do About a Treasury ETF Bubble?
12-08-2010 01:00 PM by Tom Lydon
For months, the markets have been buzzing about what looks like a bubble in Treasury bonds and bond exchange traded funds (ETFs). As market volatility spiked in the first half of the year, investors took shelter in Treasury bonds, the safest type of debt around. Investors also...
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Deficit Fears Hold Back ETFs Early
12-08-2010 08:30 AM by Tom Lydon
Exchange traded funds (ETFs) are moderately flat in early trading on Wednesday as Treasury notes fell and the dollar gained on thinking the tax-cut deal would strengthen the economy. Bond traders are still concerned about how the European debt crisis will be resolved and Asian st...
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How to Manage Interest Rate Risk With ETFs
12-07-2010 01:00 PM by Tom Lydon
Interest rate risk doesn't seem like much of a risk at all these days, given how low they've been for the last year-plus. Soon, though, rates will rise and you won't want to get caught holding the bag. The total value of a simple investment can be affected by rising or falling...
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Retired? How to Cope with a Bond ETF Bubble
11-03-2010 01:00 AM by Tom Lydon
All this talk of a bond bubble has some investors close to retirement wondering if this means they should unload bond exchange traded funds (ETFs). Funny thing that investors usually invest in bonds in order to curtail risk and avoid speculative bubbles. That makes bonds espec...
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Tom Lydon Makes His ETF Picks on CNBC
09-22-2010 09:31 AM by Heather Hayes
Tom Lydon appeared on CNBC this morning to talk about some hot trends he's noticing in the exchange traded funds (ETFs) space. Watch the video now to find out what he likes!
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Tom Lydon on CNBC: Gold ETF Run a Self-Fulfilling Prophecy?
09-16-2010 09:10 AM by Tom Lydon
Tom Lydon appeared on CNBC from Chicago this morning to discuss the current political and economic climate. He also asked a few questions about the gold exchange traded fund (ETF) run-up.
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Short ETFs: An Option for a Bursting Bond Bubble
08-30-2010 01:00 PM by Tom Lydon
There's been a lot of talk about the so-called "bond bubble," spurred by the rush of investor cash into Treasury bond exchange traded funds (ETFs). Bubble or no bubble, here's one way to cope. Interest rates have been at record lows for more than a year, and as long as the eco...
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How to Use ETFs to Hedge 3 Inflationary Risks
04-28-2010 06:00 AM by Tom Lydon
All the government spending and record-low interest rates have certainly helped right our listing economy. But as the stimulus winds down and interest rates go back up, you'll want to have some exchange traded funds (ETFs) at the ready to protect your portfolio. The bulls are...
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Bond ETFs Were Hot in Q1, But Watch Out
04-15-2010 03:00 PM by Tom Lydon
The economy is looking better, but debt has skyrocketed and fears of eventual inflation haven't subsided. That's where the Federal Reserve comes in to kick up interest rates. Bond exchange traded funds (ETFs) - beloved in the first quarter - may get socked if you're not looking. ...
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Bond ETF Alternatives After Interest Rates Rise
03-28-2010 01:00 AM by Tom Lydon
Sooner or later, interest rates are going to go back up, and when they do, government bonds won't be worth as much as they used to. A selection of bond related exchange traded funds (ETFs) now offer investors exposure to bonds that try to sidestep the capital depreciation that co...
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Interest Rate Hikes Are Coming; How to Get Your ETFs Ready
03-08-2010 01:00 PM by Tom Lydon
Sometime in the next 12 to 20 months (or even sooner), we're looking at the very real possibility of interest rate hikes. If you're caught off guard and holding the wrong exchange traded funds (ETFs), it could wind up being costly. What goes down must eventually come back up,...
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Why Investors Are Watching Short Teasury ETFs
02-25-2010 03:00 PM by Tom Lydon
Today's moves aside, leveraged exchange traded funds (ETFs) that seek to profit when Treasury prices decline have done well this month as investors continue to worry about big deficits, further rate hikes, inflation and rampant spending. Rising interest rates and the threat o...
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ProShares Launches Two Long Bond ETFs
01-23-2010 01:00 AM by Tom Lydon
ProShares added two new exchange traded funds (ETFs) to their lineup, and both offer 200% leverage to the daily performance of their underlying long-term and intermediate-term Treasury bond indexes. The new ETFs are the ProShares Ultra 20+ Year Treasury (NYSEArca: UBT) and th...
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ProShares Files to Add to Treasury ETF Choices
10-18-2009 01:00 PM by Tom Lydon
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 T...
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Leveraged ETFs: So Misunderstood
08-04-2009 06:00 AM by Tom Lydon
With the controversy over leveraged exchange traded funds (ETFs), many have fled the market and it is difficult to tell exactly how many retailer investors hold them. Leveraged ETFs have been designed for short-term traders who want to maximize the movements of certain marke...
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Is It Time To Short Treasury ETFs?
06-01-2009 11:00 AM by Tom Lydon
During the financial crisis, we sought the warmth and safety of Treasury bonds. But now that Treasury prices are starting to fall, is it time to short Treasuries and related exchange traded funds (ETFs)? Some investors seemed to think so last week. Leveraged ETFs that short U....
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