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ProShares Ultra 20+ Year Treasury (UBT)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS74347R1721
CUSIP74347R172
IssuerProShares
Inception DateJan 19, 2010
RegionNorth America (U.S.)
CategoryLeveraged Bonds, Leveraged
Leveraged2x
Index TrackedBarclays Capital U.S. 20+ Year Treasury Index (200%)
Home Pagewww.proshares.com
Asset ClassBond

Expense Ratio

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


0.50%1.00%1.50%2.00%0.95%

Share Price Chart


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Compare to other instruments

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ProShares Ultra 20+ Year Treasury

Popular comparisons: UBT vs. TLT, UBT vs. TMF, UBT vs. SPLG, UBT vs. EDV, UBT vs. VT, UBT vs. LTPZ, UBT vs. KMLM, UBT vs. SPY, UBT vs. QLD, UBT vs. PDBC

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares Ultra 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.


0.00%100.00%200.00%300.00%400.00%OctoberNovemberDecember2024FebruaryMarch
29.08%
370.09%
UBT (ProShares Ultra 20+ Year Treasury)
Benchmark (^GSPC)

S&P 500

Returns By Period

ProShares Ultra 20+ Year Treasury had a return of -9.34% year-to-date (YTD) and -19.62% in the last 12 months. Over the past 10 years, ProShares Ultra 20+ Year Treasury had an annualized return of -2.53%, while the S&P 500 had an annualized return of 10.96%, indicating that ProShares Ultra 20+ Year Treasury did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-9.34%10.04%
1 month2.24%3.53%
6 months13.09%22.79%
1 year-19.62%32.16%
5 years (annualized)-12.31%13.15%
10 years (annualized)-2.53%10.96%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-5.65%-4.91%
2023-6.67%-16.01%-11.60%19.38%17.69%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for ProShares Ultra 20+ Year Treasury (UBT) and compares them with a selected benchmark (^GSPC). These performance indicators 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
UBT
ProShares Ultra 20+ Year Treasury
-0.59
^GSPC
S&P 500
2.76

Sharpe Ratio

The current ProShares Ultra 20+ Year Treasury Sharpe ratio is -0.59. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
-0.59
2.76
UBT (ProShares Ultra 20+ Year Treasury)
Benchmark (^GSPC)

Dividends

Dividend History

ProShares Ultra 20+ Year Treasury granted a 3.99% dividend yield in the last twelve months. The annual payout for that period amounted to $0.81 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.81$0.80$0.07$0.00$0.16$0.71$0.60$0.57$0.38$0.57$0.32$0.04

Dividend yield

3.99%3.54%0.30%0.00%0.26%1.50%1.55%1.37%1.04%1.56%0.79%0.17%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00
2023$0.00$0.00$0.14$0.00$0.00$0.24$0.00$0.00$0.20$0.00$0.00$0.22
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.07
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$0.16$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2019$0.00$0.00$0.13$0.00$0.00$0.24$0.00$0.00$0.12$0.00$0.00$0.23
2018$0.00$0.00$0.11$0.00$0.00$0.18$0.00$0.00$0.14$0.00$0.00$0.17
2017$0.00$0.00$0.17$0.00$0.00$0.12$0.00$0.00$0.13$0.00$0.00$0.15
2016$0.00$0.00$0.21$0.00$0.00$0.11$0.00$0.00$0.06$0.00$0.00$0.00
2015$0.00$0.00$0.09$0.00$0.00$0.17$0.00$0.00$0.16$0.00$0.00$0.16
2014$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.13$0.00$0.00$0.10
2013$0.01$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.00

Drawdowns

Drawdowns Chart

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


-80.00%-60.00%-40.00%-20.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-72.74%
0
UBT (ProShares Ultra 20+ Year Treasury)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Ultra 20+ Year Treasury. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ProShares Ultra 20+ Year Treasury was 78.90%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current ProShares Ultra 20+ Year Treasury drawdown is 72.74%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-78.9%Mar 10, 2020911Oct 19, 2023
-38.31%Jul 26, 2012269Aug 21, 2013331Dec 12, 2014600
-36.38%Jul 11, 2016586Nov 2, 2018188Aug 6, 2019774
-32.2%Aug 27, 2010116Feb 10, 2011123Aug 8, 2011239
-30.26%Feb 2, 2015102Jun 26, 2015244Jun 16, 2016346

Volatility

Volatility Chart

The current ProShares Ultra 20+ Year Treasury volatility is 6.07%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%OctoberNovemberDecember2024FebruaryMarch
6.07%
2.82%
UBT (ProShares Ultra 20+ Year Treasury)
Benchmark (^GSPC)