ProShares Ultra 20+ Year Treasury 2x Shares
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$20.16
- Net Assets:$0 Million
- NAV:$20.41
- Premium-1.22%
- Peer Rank:61 of 62
- Investment Rating:E
- Performance:E
- RiskC-
We rate ProShares Ultra 20+ Year Treasury at E. Negative factors that influence this rating include a short term portfolio management tenure. The fund invests approximately 63% of its assets in stocks and may be considered for investors seeking a Government Bond strategy.
Total return ranks well below peers over the last three years. The ProShares Ultra 20+ Year Treasury has returned an annual rate of 1.74% since inception. More recently, the fund has generated a total return of -10.96% in the last five years, -23.89% in the last three years, and -15.96% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 4% of them. It has also outpaced 2% of its competitors on a three year basis and 4% of them over the last year for the period ending 2/29/2024. On a year to date basis, UBT has returned -9.30%.
Downside risk has been above average. UBT has a draw down risk of -71.82%, 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 UBT is an exchange traded fund, it has no front end or back end load.
The ProShares Ultra 20+ Year Treasury 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.