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ProShares Short 20+ Year Treasury ETF
TBF performance and flow charts
Performance
Flows
Historic performance and flows
Data as of September 1, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +0.42% | +3.85% | +6.38% | +4.69% | +20.22% | +79.84% |
| Flows | +$11M | -$20M | +$46M | +$43M | -$82M | -$713M |
Characteristics
The ProShares Short 20+ Year Treasury ETF is built to track the ICE U.S. Treasury 20+ Year Total Return Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Inverse |
| Provider | ProShares |
| N° of holdings | 11 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | August 18, 2009 |
| ESG | No |
More data and info about TBF on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 11 holdings out of 11
Top 11 Holdings
Sectors
Countries
Maturity
Credit rating
Latest news about TBF
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +10.10% | +9.46% | +13.39% | +15.54% |
Max drawdown | -3.53% | -6.60% | -17.72% | -17.72% |
Max drawdown duration | 32d | 198d | 579d | 579d |
Time to recover | 17d | 149d | 511d | 511d |
Replication quality
Data as of September 2, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is TBF?
TBF is a Passive ETF that provides exposure to Fixed Income assets. It is managed by ProShares.
What index does TBF track?
TBF tracks the ICE U.S. Treasury 20+ Year Total Return Index - USD, aiming to replicate its performance through optimized sampling.
What does TBF invest in?
This ETF provides inverse exposure (-1x) to US Investment Grade Government Bonds. It is part of the segment: Inverse Fixed Income.
What is the expense ratio of TBF?
The total expense ratio (TER) of TBF is 1%, representing the annual fee charged by the fund manager.
When was TBF launched?
TBF was launched on August 18, 2009, marking its entry into the ETF market.
Who is the issuer of TBF?
TBF is issued by ProShares.
What is the AUM of TBF?
As of September 1, 2026, TBF manages $116.47 M, reflecting the total assets held in the fund.
How has TBF performed recently?
As of September 1, 2026, TBF delivered a return of 0.42% over the past month (1M performance), 3.85% over the past three months (3M), and 6.38% year-to-date (YTD).
What are the recent fund flows for TBF?
As of September 1, 2026, TBF has seen net flows of +$11M in the past month (1M flow) and +$46M year-to-date (YTD).
Does TBF pay dividends?
As of September 1, 2026, TBF has a trailing 12-month distribution yield of 2.06%.
How many holdings are in TBF
As of July 31, 2026, TBF holds 11 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is TBF?
As of July 31, 2026, TBF holds 11 securities.
What are the top holdings of TBF?
As of July 31, 2026, TBF holds a portfolio of 11 underlyings, with its largest positions including USA, Bills 0% 3sep2026, USD (364D), USA, Bills 0% 17sep2026, USD (182D) and USA, Bills 0% 13aug2026, USD (182D). These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does TBF invest in?
As of July 31, 2026, TBF has its largest geographic exposures in USA.
What sectors or themes does TBF focus on?
As of July 31, 2026, TBF is primarily exposed to Sovereign.
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