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UltraPro Short 20+ Year Treasury (TTT)

ETF · Currency in USD · Last updated May 27, 2023

TTT is a passive ETF by ProShares tracking the investment results of the Barclays Capital U.S. 20+ Year Treasury Index (-300%). TTT launched on Mar 27, 2012 and has a 0.95% expense ratio.

ETF Info

ISINUS74348A4913
CUSIP74348A491
IssuerProShares
Inception DateMar 27, 2012
RegionNorth America (U.S.)
CategoryLeveraged Bonds, Leveraged
Leveraged3x
Index TrackedBarclays Capital U.S. 20+ Year Treasury Index (-300%)
ETF Home Pagewww.proshares.com
Asset ClassBond

Expense Ratio

The UltraPro Short 20+ Year Treasury has a high expense ratio of 0.95%, indicating higher-than-average management fees.


0.95%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in UltraPro Short 20+ Year Treasury, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-100.00%-50.00%0.00%50.00%100.00%150.00%200.00%December2023FebruaryMarchAprilMay
-81.63%
199.69%
TTT (UltraPro Short 20+ Year Treasury)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with TTT

UltraPro Short 20+ Year Treasury

Popular comparisons: TTT vs. TBT, TTT vs. TMF, TTT vs. TLT, TTT vs. TMV, TTT vs. UUP, TTT vs. SPY, TTT vs. SQQQ, TTT vs. VOO

Return

UltraPro Short 20+ Year Treasury had a return of -8.60% year-to-date (YTD) and 32.34% in the last 12 months. Over the past 10 years, UltraPro Short 20+ Year Treasury had an annualized return of -13.38%, while the S&P 500 had an annualized return of 9.79%, indicating that UltraPro Short 20+ Year Treasury did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month16.20%0.86%
Year-To-Date-8.60%9.53%
6 months-2.09%4.45%
1 year32.34%1.14%
5 years (annualized)-7.25%9.36%
10 years (annualized)-13.38%9.79%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-19.85%15.50%-14.23%-0.94%
202219.67%-20.12%6.41%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for UltraPro Short 20+ Year Treasury (TTT) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
TTT
UltraPro Short 20+ Year Treasury
0.56
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current UltraPro Short 20+ Year Treasury Sharpe ratio is 0.56. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.000.001.002.003.00December2023FebruaryMarchAprilMay
0.56
0.27
TTT (UltraPro Short 20+ Year Treasury)
Benchmark (^GSPC)

Dividend History

UltraPro Short 20+ Year Treasury granted a 0.71% dividend yield in the last twelve months. The annual payout for that period amounted to $0.50 per share.


PeriodTTM20222021202020192018
Dividend$0.50$0.26$0.00$0.09$1.24$0.46

Dividend yield

0.71%0.34%0.00%0.29%1.90%0.46%

Monthly Dividends

The table displays the monthly dividend distributions for UltraPro Short 20+ Year Treasury. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.23$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.26
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.09$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2019$0.00$0.00$0.26$0.00$0.00$0.35$0.00$0.00$0.29$0.00$0.00$0.34
2018$0.18$0.00$0.00$0.28

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-80.00%-60.00%-40.00%-20.00%December2023FebruaryMarchAprilMay
-83.01%
-12.32%
TTT (UltraPro Short 20+ Year Treasury)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the UltraPro Short 20+ Year Treasury. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the UltraPro Short 20+ Year Treasury is 94.00%, recorded on Aug 4, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-94%Apr 4, 20122097Aug 4, 2020
-0.43%Apr 2, 20121Apr 2, 20121Apr 3, 20122

Volatility Chart

The current UltraPro Short 20+ Year Treasury volatility is 14.57%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


5.00%10.00%15.00%20.00%December2023FebruaryMarchAprilMay
14.57%
3.82%
TTT (UltraPro Short 20+ Year Treasury)
Benchmark (^GSPC)