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USTProShares Ultra 7-10 Year Treasury

Get income16y track recordRanked #1,223 of 1,622 in this goal

Seeks daily investment results of 200% of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index.

By ProShares · Launched 2010

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$16M

#4,519 of 5,562 · small

Dividend YieldGoal

3.46%

Track Record

16 years

#744 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$9,917-0.8%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Leveraged

Index tracked

ICE US Treasury 7-10 Year Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 97.1% of fundconcentrated

Repurchase Agreement
29.0%
Repurchase Agreement
20.2%
Repurchase Agreement
17.6%
Repurchase Agreement
7.0%
Repurchase Agreement
7.0%
Repurchase Agreement
5.3%
Repurchase Agreement
5.3%
Repurchase Agreement
3.4%
Repurchase Agreement
1.8%
N/A
0.4%

Asset allocation

Cash
106.1%
Other
2.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
9.3%Low

Year-on-year price swings

Max drawdown
-48.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.22Below average
Sortino (3Y)
-0.31Moderate downside risk

Bond profile

Credit ratings

US Government
96.4%

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 200% of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index.
Strategy
Invests primarily in U.S. government debt securities and derivatives to achieve 2x daily exposure to the Index. The portfolio is rebalanced daily to maintain targeted leverage, focusing on fixed-rate securities with maturities between 7 and 10 years.
Inception date
January 19, 2010
Fund family
ProShares

Our take

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

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_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

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Data updated on 2026-06-19