TBT — ProShares UltraShort 20+ Year Treasury
Data updated: 2026-08-14
TBT — ProShares UltraShort 20+ Year Treasury. Leveraged · $332.94M AUM · 0.91% expense ratio · -0.6% 1-yr return. Holdings, fees, performance and SEC filings.
TBT Fund Overview
TBT — ProShares UltraShort 20+ Year Treasury is a US ETF managed by Proshares Trust, categorised as Leveraged. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Proshares Trust
- Category: Leveraged
- Assets under management: $332.94M
- 1-year return: -0.6%
- Ticker: TBT
- SEC CIK: 0001174610
- SEC series ID: S000018733
- Share class ID: C000051863
TBT Holdings
Top 5 holdings of ProShares UltraShort 20+ Year Treasury by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| ProShares GENIUS Money Market ETF | 72.17% |
| Repurchase Agreement | 8.87% |
| Repurchase Agreement | 5.58% |
| Repurchase Agreement | 4.19% |
| Repurchase Agreement | 3.07% |
TBT Portfolio Allocation
Asset-class allocation of ProShares UltraShort 20+ Year Treasury by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 72.2% |
| Cash & Equivalents | 21.7% |
| Derivatives | 2.8% |
TBT Performance
Total returns for TBT (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.5% |
| 1 year | -0.6% |
| 3 years (annualised) | 10.9% |
| 5 years (annualised) | 15.0% |
TBT Risk Information
Risk metrics for TBT, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.9%
TBT Costs and Fees
TBT costs about $91 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.91%
- Gross expense ratio: 0.91%
- Portfolio turnover: 0%
- Brokerage commissions: 0.05 bps of average net assets (SEC N-CEN)
TBT Cashflows
Over the 12 months to 2026-05, ProShares UltraShort 20+ Year Treasury had net inflows of $35.56M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $40.44M |
| 2026-04 | $28.63M |
| 2026-03 | $16.08M |
| 2026-02 | −$29.79M |
| 2026-01 | $13.68M |
| 2025-12 | $14.15M |
TBT Debt Constituents
No individual debt constituents are reported in ProShares UltraShort 20+ Year Treasury's latest SEC N-PORT filing.
TBT Prospectus and SEC Filings
Official ProShares UltraShort 20+ Year Treasury filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-09-26
- Prospectus supplement (497) — filed 2025-04-07
- Prospectus supplement (497) — filed 2024-11-13
- Portfolio holdings (N-PORT) — filed 2026-07-28
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-28
- Annual census (N-CEN) — filed 2026-08-14
- Annual census (N-CEN) — filed 2025-08-13
Related Funds
Other Leveraged funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.