TBFProShares Short 20+ Year Treasury
Seeks daily investment results that correspond to the inverse of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index.
ProShares · Since 2009 (16 years)
0.95%
#4471 out of 5,332 ETFs
$94M
#2790 out of 5,332 ETFs
2.88%
16 years
#710 out of 5,332 ETFs
Performance
1 Year
+5.1%
3 Years
+9.2%
5 Years
+9.8%
What's inside
Risk profile
9.8%
Moderate
-38.4%
Worst peak-to-trough loss
0.45
Below average
0.66
Moderate downside risk
Bond profile
Credit ratings
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Inverse ETF — daily tool only
Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.
Source: Cheng & Madhavan (2009)
Why we flagged this: strategy=inverse + inverse_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05