ProShares Ultra 20+ Year Treasury (UBT)
UBT is a passive ETF by ProShares tracking the investment results of the Barclays Capital U.S. 20+ Year Treasury Index (200%). UBT launched on Jan 19, 2010 and has a 0.95% expense ratio.
ETF Info
| ISIN | US74347R1721 |
|---|---|
| CUSIP | 74347R172 |
| Issuer | ProShares |
| Inception Date | Jan 19, 2010 |
| Region | North America (U.S.) |
| Category | Leveraged Bonds, Leveraged |
| Leveraged | 2x |
| Index Tracked | Barclays Capital U.S. 20+ Year Treasury Index (200%) |
| Home Page | www.proshares.com |
| Asset Class | Bond |
Expense Ratio
UBT has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: UBT vs. TLT, UBT vs. TMF, UBT vs. SPLG, UBT vs. EDV, UBT vs. VT, UBT vs. PDBC, UBT vs. KMLM, UBT vs. LTPZ, UBT vs. QLD, UBT vs. SPY
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.
Returns By Period
ProShares Ultra 20+ Year Treasury had a return of -14.96% year-to-date (YTD) and -19.20% in the last 12 months. Over the past 10 years, ProShares Ultra 20+ Year Treasury had an annualized return of -4.35%, while the S&P 500 had an annualized return of 10.58%, indicating that ProShares Ultra 20+ Year Treasury did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -14.96% | 13.20% |
| 1 month | -5.82% | -1.28% |
| 6 months | -4.03% | 10.32% |
| 1 year | -19.20% | 18.23% |
| 5 years (annualized) | -14.90% | 12.31% |
| 10 years (annualized) | -4.35% | 10.58% |
Monthly Returns
The table below presents the monthly returns of UBT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.65% | -4.91% | 0.97% | -13.07% | 5.24% | 2.94% | -14.96% | ||||||
| 2023 | 14.42% | -9.70% | 9.07% | 0.04% | -6.54% | -0.66% | -5.46% | -6.67% | -16.01% | -11.60% | 19.38% | 17.69% | -3.68% |
| 2022 | -7.07% | -3.82% | -11.63% | -17.88% | -4.70% | -2.85% | 4.10% | -9.29% | -16.42% | -12.83% | 14.45% | -5.96% | -55.54% |
| 2021 | -7.36% | -11.27% | -10.33% | 4.53% | -0.06% | 8.68% | 7.48% | -0.72% | -5.93% | 4.50% | 5.37% | -5.01% | -12.14% |
| 2020 | 15.90% | 13.80% | 9.74% | 2.04% | -4.16% | 0.41% | 8.78% | -10.11% | 1.58% | -7.00% | 2.85% | -2.33% | 31.87% |
| 2019 | 0.08% | -2.91% | 10.98% | -4.16% | 13.90% | 1.65% | 0.21% | 22.72% | -5.77% | -2.55% | -1.23% | -6.75% | 24.46% |
| 2018 | -6.62% | -6.34% | 5.52% | -4.43% | 3.48% | 1.00% | -2.97% | 2.22% | -5.84% | -6.21% | 3.08% | 12.30% | -6.54% |
| 2017 | 1.27% | 3.22% | -1.60% | 2.88% | 3.56% | 1.56% | -1.69% | 6.77% | -4.80% | -0.16% | 1.11% | 3.42% | 16.12% |
| 2016 | 12.03% | 5.95% | 0.48% | -2.10% | 1.35% | 13.74% | 4.34% | -2.46% | -2.41% | -9.58% | -15.69% | -1.34% | 0.54% |
| 2015 | 20.06% | -12.47% | 2.05% | -6.90% | -4.94% | -8.47% | 9.23% | -1.42% | 3.28% | -1.43% | -1.43% | -1.91% | -7.93% |
| 2014 | 13.08% | 0.90% | 1.28% | 4.20% | 5.67% | -0.57% | 1.47% | 8.72% | -3.88% | 5.76% | 5.86% | 6.80% | 60.42% |
| 2013 | -6.80% | 2.55% | -1.07% | 9.63% | -13.12% | -6.92% | -4.90% | -2.35% | 0.81% | 2.90% | -5.33% | -4.22% | -26.78% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UBT is 5, indicating that it is in the bottom 5% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Ultra 20+ Year Treasury (UBT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProShares Ultra 20+ Year Treasury granted a 4.14% dividend yield in the last twelve months. The annual payout for that period amounted to $0.78 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.78 | $0.80 | $0.07 | $0.00 | $0.16 | $0.71 | $0.60 | $0.57 | $0.38 | $0.57 | $0.32 | $0.04 |
Dividend yield | 4.14% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.21 | $0.00 | $0.36 | |||||
| 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 | $0.80 |
| 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 | $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 | $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 | $0.16 |
| 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 | $0.71 |
| 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 | $0.60 |
| 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 | $0.57 |
| 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 | $0.38 |
| 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 | $0.57 |
| 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 | $0.32 |
| 2013 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 74.43%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -78.9% | Mar 10, 2020 | 911 | Oct 19, 2023 | — | — | — |
| -38.31% | Jul 26, 2012 | 269 | Aug 21, 2013 | 331 | Dec 12, 2014 | 600 |
| -36.38% | Jul 11, 2016 | 586 | Nov 2, 2018 | 188 | Aug 6, 2019 | 774 |
| -32.2% | Aug 27, 2010 | 116 | Feb 10, 2011 | 123 | Aug 8, 2011 | 239 |
| -30.26% | Feb 2, 2015 | 102 | Jun 26, 2015 | 244 | Jun 16, 2016 | 346 |
Volatility
Volatility Chart
The current ProShares Ultra 20+ Year Treasury volatility is 8.73%, 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.