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ProShares UltraShort 7-10 Year Treasury (PST) Sharpe Ratio: 0.27

ETF · Currency in USD · Last updated Jun 23, 2026

ProShares UltraShort 7-10 Year Treasury (PST) is an inverse leveraged ETF that seeks daily investment results, before fees and expenses, equal to -2x the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index. It is designed for investors with a bearish short-term view on intermediate-term U.S. Treasury bonds, profiting when those bond prices decline. Because of daily reset and compounding, it is intended for short-term tactical use rather than long-term holding.

PST's Sharpe Ratio of 0.27 indicates that for each unit of volatility, it generates 0.27 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

PST Sharpe Ratio Rank

PST Sharpe Ratio Rank: 12.112
Concerning

PST ranks above 12.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

PST Sharpe Ratio Market Positioning

The chart shows PST's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.87 or lower
  • Yellow zone (middle 50%): 0.87 to 2.31
  • Green zone (top 25%): 2.31 or higher
  • Top 1%: 7.31+
  • Median: 1.67 — half of all investments score higher

How it compares to other similar ETFs

The table compares ProShares UltraShort 7-10 Year Treasury's Sharpe Ratio with other ETFs in the Inverse Bonds, Leveraged Bonds category across multiple time periods, showing how PST's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
GOOXT-Rex 2X Long Alphabet Daily Target ETF4.44
UJBProShares Ultra High Yield1.08
RSBAReturn Stacked Bonds & Merger Arbitrage ETF0.93
TBXProShares Short 7-10 Year Treasury0.61
TYODirexion Daily 7-10 Year Treasury Bear 3X0.35
PFFLETRACS Monthly Pay 2xLeveraged Preferred Stock ETN0.31
PSTProShares UltraShort 7-10 Year Treasury0.27
USTProShares Ultra 7-10 Year Treasury0.24
TBFProShares Short 20+ Year Treasury0.15
UBTProShares Ultra 20+ Year Treasury0.14

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PST's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PST consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does PST fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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