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UST vs TBT

ProShares Ultra 7-10 Year Treasury vs ProShares UltraShort 20+ Year Treasury

UST

ProShares Ultra 7-10 Year Treasury

Annual cost

0.95%

Fund size

$16M

TBT

ProShares UltraShort 20+ Year Treasury

Annual cost

0.93%

Fund size

$333M

Key differences

Both UST and TBT are fixed income ETFs. UST charges 0.95% a year and TBT 0.93%. The main difference: UST follows a leveraged strategy; TBT uses inverse.

  • UST follows a leveraged strategy; TBT uses inverse.
  • TBT is much larger than UST. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, TBT has delivered higher annualized returns.

Side-by-side comparison

USTTBT
Annual cost (TER)0.95%0.93%
Fund size (AUM)$16M$333M
Since20102008
Dividend yield3.46%2.90%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y+1.8%+2.5%
CAGR 3Y-1.4%+12.0%
CAGR 5Y-6.8%+15.4%
Sharpe 3Y-0.300.42
Volatility 1Y9.42%19.58%
Max drawdown-47.99%-65.09%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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