ProShares Short 20+ Year Treasury -1x Shares
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$23.40
- Net Assets:$0 Million
- NAV:$23.26
- Premium0.6%
- Peer Rank:3 of 62
- Investment Rating:C+
- Performance:C+
- RiskC+
We rate ProShares Short 20+ Year Treas at C+. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a well above average total return, low price volatility and low expense structure. The fund may be considered for investors seeking a Government Bond strategy.
Total return ranks very high in comparison with peers over the last three years. The ProShares Short 20+ Year Treas has returned an annual rate of -4.46% since inception. More recently, the fund has generated a total return of 2.21% in the last five years, 11.38% in the last three years, and 9.86% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 29% of them. It has also outpaced 88% of its competitors on a three year basis and 49% of them over the last year for the period ending 2/29/2024. On a year to date basis, TBF has returned 5.16%.
Downside risk has been below average. TBF has a draw down risk of -17.19%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 16.8%. This fund has had moderate volatility in its monthly performance over the last 36 months.
High expense ratio hinders performance. As TBF is an exchange traded fund, it has no front end or back end load.
The ProShares Short 20+ Year Treas is managed by Alexander V. Ilyasov at ProShare Advisors LLC. This fund is one of 130 ProShare Advisors LLC exchange-traded funds launched since 6/19/2006 that we track.