Skip to content
Beacon

TBXProShares Short 7-10 Year Treasury

Take a bet15y track recordRanked #454 of 775 in this goal

Seeks daily investment results that correspond to the inverse of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index.

By ProShares · Launched 2011

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$16M

#4,482 of 5,562 · small

Return (1Y)Goal

+2.3%

Track Record

15 years

#873 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,474+4.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Inverse

Index tracked

ICE US Treasury 7-10 Year Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 88.4% of fundconcentrated

Repurchase Agreement
26.5%
Repurchase Agreement
18.5%
Repurchase Agreement
16.1%
Repurchase Agreement
6.4%
Repurchase Agreement
6.4%
Repurchase Agreement
4.8%
Repurchase Agreement
4.8%
Repurchase Agreement
3.1%
Repurchase Agreement
1.6%
N/A
0.1%

Asset allocation

Cash
150.7%
Other
49.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
4.9%Low

Year-on-year price swings

Max drawdown
-19.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.17Below average
Sortino (3Y)
0.24Moderate downside risk

Bond profile

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to the inverse of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index.
Strategy
Invests primarily in financial instruments to achieve inverse exposure to the Index, including derivatives like swap agreements and futures contracts. The portfolio is rebalanced daily to maintain consistent inverse exposure, regardless of market conditions.
Inception date
April 4, 2011
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Inverse
Warning

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

What's next?

You've reviewed TBX. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-19