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UBTvsTMFETF Comparison

ETF 1
UBT

ProShares Ultra 20+ YEAR TREASURY ETF

This fund is part of
Leveraged Fixed Income
-1.7%
VS
ETF 2
TMF

Direxion Daily 20+ Year Treasury Bull 3X Shares ETF - USD

This fund is part of
Leveraged Fixed Income
-1.7%

The ETFs ProShares Ultra 20+ YEAR TREASURY ETF (UBT) and Direxion Daily 20+ Year Treasury Bull 3X Shares ETF - USD (TMF) track the ICE U.S. Treasury 20+ Year Total Return Index - USD and belong to the same industry segment: Leveraged Fixed Income. UBT is less expensive with a Total Expense Ratio (TER) of 0.97%, versus 1.01% for TMF. UBT is down -19.52% year-to-date (YTD) with -$19M in YTD flows. TMF performs worse with -29.35% YTD performance, and -$1.08B in YTD flows. Run a side-by-side ETF comparison of UBT and TMF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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UBT vs TMF performance and flow charts

Performance

-15.0-10.0-5.00.0%Aug 31Sep 7Sep 14Sep 21Sep 28

Cumulative Flows

0 M50 M100 M150 M200 MAug 31Sep 7Sep 14Sep 21Sep 28

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Historic performance and flows
Data as of 09/30/2026
1M3MYTD1Y3Y5Y
Perf.
UBT
TMF
-10.69%-16.26%
-18.02%-27.01%
-19.52%-29.35%
-21.78%-33.72%
-16.95%-37.71%
-70.99%-88.79%
Flows
UBT
TMF
+$35K+$209M
+$8M+$432M
-$19M-$1.08B
-$24M-$1.56B
+$30M+$1.76B
+$78M+$5.22B
Volatility and drawdown
3M1Y3Y5Y
Volatility
UBT
TMF
+19.81%+29.12%
+18.52%+27.89%
+26.36%+39.91%
+30.96%+47.02%
Max drawdown
UBT
TMF
-18.02%-27.01%
-26.60%-39.51%
-38.04%-58.22%
-74.62%-90.79%
Max drawdown duration
UBT
TMF
92d92d
343d343d
744d1008d
1760d1760d
Trading data

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UBT
TMF
Last sale
10/1/2026 at 2:00 PM
$13.03
$25.29
Previous close
09/30/2026
$13.27
$25.68
Consolidated volume
09/30/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of October 1, 2026
1-year trailing difference

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UBT
TMF
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 10/1/2026 at 2:00 PM
Live
Closed
UBT
TMF
Last price
$13.03
$25.29
1D performance
-1.81%
-1.52%
AuM$56.94 M$2.01 B
E/R0.97%1.01%
Characteristics
UBT
TMF
Management strategyPassivePassive
ProviderProSharesDirexion
BenchmarkICE U.S. Treasury 20+ Year IndexICE U.S. Treasury 20+ Year Index
N° of holdings--
Asset classBondsBonds
Trailing 12m distribution yield
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Inception dateJanuary 19, 2010April 16, 2009
ESGNoNo
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Exposure

Exposure data will be available soon

Frequently asked questions about UBT and TMF

How have the UBT and TMF ETFs performed in 2026?

As of September 30, 2026, UBT is down -19.52% year-to-date (YTD), while TMF has lost -29.35%. That puts UBT better performer ahead so far this year.

Which ETF is attracting more investor money: UBT or TMF?

Year-to-date, the UBT ETF saw -$19M in flows, compared to -$1.08B for TMF.

Which ETF is more volatile: UBT or TMF?

Over the past year, UBT had a volatility of 18.52%, while TMF experienced 27.89%.

Which ETF is bigger: UBT or TMF?

As of September 30, 2026, UBT holds $56.94 M in assets under management (AUM), while TMF manages $2.01 B.

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