PowerShares UltraShort Lehman 20+ Year Treasury ProShares 2x Shares
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$33.56
- Net Assets:$0 Million
- NAV:$33.17
- Premium1.18%
- Peer Rank:224 of 397
- Investment Rating:C+
- Performance:B+
- RiskC
We rate ProShares UltraShort 20+ Year Trs at C+. 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 an Equity Income strategy.
Total return ranks very high in comparison with peers over the last three years. The ProShares UltraShort 20+ Year Trs has returned an annual rate of -12.03% since inception. More recently, the fund has generated a total return of 0.48% in the last five years, 18.75% in the last three years, and 12.84% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 16% of them. It has also outpaced 97% of its competitors on a three year basis and 60% of them over the last year for the period ending 2/29/2024. On a year to date basis, TBT has returned 9.77%.
Downside risk has been below average. TBT has a draw down risk of -30.72%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 34.3%. This fund has experienced excessive volatility in its monthly performance over the last 36 months.
High expense ratio hinders performance. As TBT is an exchange traded fund, it has no front end or back end load.
The ProShares UltraShort 20+ Year Trs 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.