TBX

ProShares Short 7-10 Year Treasury

$27.98
+0.00%
Market closed. Last update: 12:30 PM ET

📎 Investment Objective

The TBX ETF seeks to provide investment results that correspond to the inverse (opposite) of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index.

Overview

ETF tracking ProShares Short 7-10 Year Treasury

Category Treasury
Issuer ProShares
Inception Date 2011-04-05
Market Cap $13.3M
Average Volume N/A
Dividend Yield 6.01%
52-Week Range $27.58 - $30.05
VWAP $27.91

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The TBX ETF seeks to provide investment results that correspond to the inverse (opposite) of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index.

🎯 Investment Strategy

The fund uses short positions and other financial instruments to track the inverse of the target index, which measures the performance of U.S. Treasury bonds with 7-10 years to maturity. The goal is to provide returns that move in the opposite direction of the underlying Treasury bond index.

✨ Key Features

  • Inverse exposure to 7-10 year U.S. Treasury bonds
  • Seeks to provide returns that move in the opposite direction of the target index
  • Potential hedge against rising interest rates
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Inverse performance risk - the fund's returns may not perfectly match the inverse of the index
  • Interest rate risk - rising interest rates may not be fully offset by the fund's inverse exposure
  • Liquidity risk - the fund may have difficulty trading its positions at an advantageous time or price
  • Regulatory risk - changes in government policies could adversely impact the fund's strategy

👤 Best For

This ETF may be suitable for investors seeking to hedge against rising interest rates or speculate on falling Treasury bond prices. However, it carries significant risks and is not appropriate for all investors. Investors should have a high risk tolerance and understand the complexities of inverse and leveraged ETFs.