ProShares Short 7 10 Year TreasuryProShares Short 7 10 Year TreasuryProShares Short 7 10 Year Treasury

ProShares Short 7 10 Year Treasury

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Key stats


Assets under management (AUM)
‪12.25 M‬USD
Fund flows (1Y)
‪−7.72 M‬USD
Dividend yield (indicated)
3.62%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪425.00 K‬
Expense ratio
0.95%

About ProShares Short 7 10 Year Treasury


Issuer
ProShare Advisors LLC
Brand
ProShares
Home page
Inception date
Apr 4, 2011
Structure
Open-Ended Fund
Index tracked
ICE BofA US Treasury (7-10 Y)
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
TBX provides daily inverse (-1x) exposure to the performance of an index of US Treasurys with 7 to 10 years remaining in maturity. The fund holds a combination of index swaps and US Treasury futures to provide its exposure. As an inverse instrument, TBX appreciates when interest rates rise, making it a daily bet on and/or hedge against rising rates. As a tactical tool, investors can worry a bit less about TBX's expense ratio, but they should pay extra attention to TBX's trading characteristics to determine if it has enough liquidity to support same-day entry and exit. Note: Due to the daily reset feature, TBX requires constant monitoring and rebalancing if used as an interest-rate hedge. TBX changed its underlying index from Bloomberg Barclays U.S. 7-10 Year Treasury Bond Index to ICE U.S. Treasury 7-10 Year Bond Index on October 14, 2016. The change has minimal impact on investor's exposure.

Classification


Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Intermediate
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Government
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to TBX via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TBX trades at 28.92 USD today, its price has fallen −0.11% in the past 24 hours. Track more dynamics on TBX price chart.
TBX net asset value is 29.02 today — it's risen 1.30% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TBX assets under management is ‪12.25 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TBX price has risen by 1.09% over the last month, and its yearly performance shows a −3.54% decrease. See more dynamics on TBX price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.67% increase in three-month performance and has increased by 3.44% in a year.
TBX fund flows account for ‪−7.72 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TBX invests in cash. See more details in our Analysis section.
TBX expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
TBX is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TBX technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TBX shows the buy signal. See more of TBX technicals for a more comprehensive analysis.
Yes, TBX pays dividends to its holders with the dividend yield of 3.62%.
TBX trades at a premium (0.24%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TBX shares are issued by ProShare Advisors LLC
TBX follows the ICE BofA US Treasury (7-10 Y). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 4, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.