ProShares - UltraShort 20+ Year TreasuryTBT

$38.64

+1.4% last session

+12.5% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · Oct 27, 2023 – Nov 3, 2026TBT

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.4%	−10.0%	+3.6%	+12.5%	+20.1%	+1.2%	+149.9%	−83.1%
Peer average	−1.0%	+14.1%	−3.0%	−11.6%	−20.2%	−55.6%	−46.7%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $292M
Expense ratio: 0.93%
Distribution yield: 2.4%
NAV: $38.68
Volume: 547K
Avg. volume 30D: 402K
High today: $38.79
Low today: $38.34
Previous close: $38.11
52-week high: $43.77
52-week low: $32.22
Our risk indicator: 5/5

TBT in One Breath

TBT Among An Index ETFs

YTD

#1ZSLProShares+641.2%$54.9M

#2FXPProShares+27.6%$5.9M

#3EUOProShares+14.7%$45.5M

#4TBTProShares+12.5%$292M

#5PSTProShares+11.2%$10.9M

#6YCSProShares+8.4%$24.7M

#7GLLProShares+7.4%$109M

#8SCCProShares+1.6%$2.8M

#9SDPProShares−5.2%$1.9M

End-of-day Nov 4, 2026 · 46 An index ETFs by YTD

$10,000 in TBT

$10,000 in TBT became

$24,994

In the S&P 500 (VOO)

$17,749

Total return, dividends in · Oct 26, 2021 – Nov 3, 2026 · S&P 500 uses VOO

TBT’s Top Holdings

Today

IQMMProshares Genius Mny Mkt Etf76.5%9 more

IQMMProshares Genius Mny Mkt Etf76.5%Other

Financial Services

ProShares TBT · 10 holdings · tile size = share of the fund · as of Nov 3, 2026

What TBT Holds

Today

Financial Services76.5%

IQMM 76.5

Other holdings23.5%

[…]

ProShares TBT · share of the fund by sector · as of Nov 3, 2026

Proshares’ Share of TBT

Today

76.5%

$765 of every $1,000 in TBT is Proshares

Proshares held by TBT

$224M

Most Proshares per dollar

IQQQ15.3%

ACSP14.0%

ISPY13.3%

CSM3.1%

ProShares TBT · each square = $10 of $1,000 · as of Nov 3, 2026

TBT’s Share of An Index ETFs

Today

0.2%

of the $136B in 404 An index ETFs

TBT$292M0.2%

TQQQ$32.5B23.9%

SOXL$18.0B13.3%

401 others$84.9B62.6%

An index ETF AUM · Nov 4, 2026

TBT Fee per $100 vs Peers

Today

$0.93a year
per $100

$93 a year on $10,000

SDS$0.91

TBT$0.93

SCO$0.95

SBIT$0.95

QID$0.99

DRIP$1.03

Expense ratio · An index peers · Nov 4, 2026

Inside TBT

10 holdings · as of Nov 3, 2026

TBT

ProShares - UltraShort 20+ Year Treasury

Today

Financial Services76.5%IQMMProshares Genius MNY MKT ETF76.5%Other23.5%

#	Ticker	Company		Weight ▼
1	IQMM	Proshares Genius MNY MKT ETF		76.54%

Financial ServicesOther

ProShares TBT · current holdings by weight · as of Nov 3, 2026 · each tile is one holding

How It Compares

TBT

ProShares - UltraShort 20+ Year Treasury’s Peers

YTD


SCO	ProSharesRead Desk	0.95%	−78.3%	−76.4%	$922M
SDS	ProSharesRead Desk	0.91%	−15.8%	−15.3%	$385M
QID	ProSharesRead Desk	0.99%	−21.9%	−18.1%	$303M
TBT	ProSharesThis fundRead Desk	0.93%	+12.5%	+20.1%	$292M
DRIP	DirexionRead Desk	1.03%	−63.4%	−63.8%	$151M
SBIT	ProSharesRead Desk	0.95%	−16.9%	+20.2%	$119M

An index peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put TBT head to head with SCO →

SCO vs TBT

YTD

SCOProShares · An indexTBTProShares · An index

Year to date

−78.3%

+12.5%

TBT wins+90.8 pts

Past year

−76.4%

+20.1%

TBT wins+96.5 pts

Fee

0.95%

0.93%

TBT winslower fee

Yield

0.0%

2.4%

TBT wins+2.4 pts

AUM

$922M

$292M

SCO3.2× more

4–0TBT wins

ProShares SCO and ProShares TBT · year-to-date · as of Nov 4, 2026 · AUM not scored

TBT vs VOO

YTD

TBT · ProShares - UltraShort 20+ Year Treasury

+12.5%

VOO · S&P 500

+11.5%

Gap

0.9 pts

ProShares TBT and Vanguard VOO · YTD total return · as of Nov 4, 2026

TBT vs Its Peer Average

YTD

TBTAvsBPeer average

1D+1.4%−1.0%

1M−10.0%+14.1%

3M+3.6%−3.0%

YTD+12.5%−11.6%

1Y+20.1%−20.2%

3Y+1.2%−55.6%

5Y+149.9%−46.7%

6–1TBT wins

53 An index peers · each row scaled to its leader

The Details

TBT

Risk

5/5our risk indicator

CalmerBumpier

Volatility · 1Y19.66%

Deepest drop · 1Y−11.3%

Lowest point · 5Y−12.9%

52-week range

$38.64

$32.22−11.7% from the high$43.77

ProShares TBT · past-year price moves · as of Nov 4, 2026

TBT

Fund Facts

Today

2008launched Apr 29

Tracks[…]

Exchange · CUSIPAMEX · 74347B201

StructureETF

Leverage-2x

Cost on $10,000$93 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

ProShares TBT · fund facts · as of Nov 4, 2026

TBT

Payouts by Year

$0.23per share, Sep 2026

Distribution yield2.4%

PaidEvery quarter

Latest ex-date · paidSep 23 · Sep 29, 2026

12 payouts added up$3.95 a share

ProShares TBT · distributions by ex-date · 2018–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-08-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-05-31 ↗SEC reported portfolio · 2026-02-28 ↗SEC reported portfolio · 2025-11-30 ↗SEC reported portfolio · 2025-08-31 ↗

Trading & Liquidity

Net asset value$38.68

Premium / discount[…]

Median spread · 30D[…]

Volume today547K

Average volume · 30D402K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.93%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$93.00

Our risk indicator5/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 23, 2026	Sep 29, 2026	$0.23
Jun 24, 2026	Jun 30, 2026	$0.21
Mar 25, 2026	Mar 31, 2026	$0.17
Dec 24, 2025	Dec 31, 2025	$0.31
Sep 24, 2025	Sep 30, 2025	$0.28
Jun 25, 2025	Jul 1, 2025	$0.28
Mar 26, 2025	Apr 1, 2025	$0.25
Dec 23, 2024	Dec 31, 2024	$0.44
Sep 25, 2024	Oct 2, 2024	$0.42
Jun 26, 2024	Jul 3, 2024	$0.48
Mar 20, 2024	Mar 27, 2024	$0.36
Dec 20, 2023	Dec 28, 2023	$0.52

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