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ETFs

ProShares Short 7-10 Year Treasury

TBX
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Apr 4, 2011
Expense Ratio
0.95%
Type
US Bonds
Fund Owner
ProShares
Volume (1m avg. daily)
$2,202,283
AUM
$31,699,920
Associated Index
ICE U.S. Treasury 7-10 Year Bond Index
Inverse/Leveraged
Inverse (-1)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
Derivatives offset
100.65%
—
Net Other Assets (Liabilities)
100%
Invest with TBX
Trade TBX Options

What is TBX?

ProShares Short 7-10 Year Treasury seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index. The ICE U.S. Treasury 7-10 Year Bond Index includes publicly- issued U.S. Treasury securities that have a remaining maturity of greater than seven years and less than or equal to ten years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. In addition, the securities in the Underlying Index must be fixed-rate and denominated in U.S. dollars. Excluded from the Underlying Index are inflation-linked securities, Treasury bills, cash management bills, any government agency debt issued with or without a government guarantee and zero-coupon issues that have been stripped from coupon-paying bonds. The Underlying Index is weighted by market capitalization, and the securities in the Underlying Index are updated on the last business day of each month.

1M
3M
6M
YTD
1Y
3Y
Max
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TBX
Performance Measures**

for the time period Apr 5, 2011 to Dec 5, 2025

Returns

1M Trailing Return: -0.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -41.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 7.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -0.16

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.03

The annualized return divided by the max drawdown for the selected time period.

ETFs related toTBX

ETFs correlated to TBX include PST, TTT, TBF

TBX
ProShares Trust - ProShares Short 7-10 Year Treasury -1x Shares
PST
Invesco Capital Management LLC - PowerShares UltraShort Lehman 7-10 + Year Treasury ProShares -2X Sh
TTT
ProShares Trust - ProShares UltraPro Short 20+ Year Treasury -3x Shares
TBF
ProShares Trust - ProShares Short 20+ Year Treasury -1x Shares
TMV
Direxion Shares ETF Trust - Direxion Daily 20+ Year Treasury Bear -3X Shares
TBT
Invesco Capital Management LLC - PowerShares UltraShort Lehman 20+ Year Treasury ProShares 2x Shares
DBMF
Manager Directed Portfolios - iMGP DBi Managed Futures Strategy ETF
PFIX
Simplify Exchange Traded Funds - Simplify Interest Rate Hedge ETF
KMLM
KraneShares Trust - KFA Mount Lucas Managed Futures Index Strategy ETF
GLL
ProShares Trust - ProShares UltraShort Gold -2x Shares
CTA
Simplify Exchange Traded Funds - Simplify Managed Futures Strategy ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toTBX

V1a Simple Portfolio (UVXY) + BB V3.0.4.2A merged with v4 Pops and V1 New SOXL + BB V3.0.4.2a merged with v2 TEC/SOX/HIB Baller - UVXY and V1 New SOXL Baller

Category

Market timing, leveraged ETFs, volatility hedge, tech/semis momentum, mean reversion, trend filter, risk-on/risk-off, sector rotation

OOS Cumulative Return

443.3%

V1a Simple Portfolio (UVXY) + BB V3.0.4.2A merged with v4 Pops and V1 New SOXL + BB V3.0.4.2a merged with v2 TEC/SOX/HIB Baller - UVXY and V1 New SOXL Baller

Category

Tactical allocation, volatility hedge, mean reversion, trend following, leveraged ETFs, risk-on/risk-off, multi-asset

OOS Cumulative Return

443.3%

Create your own algorithmic trading strategy with TBX using Composer

FAQ

TBX is a US Bonds ETF. ProShares Short 7-10 Year Treasury seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index. The ICE U.S. Treasury 7-10 Year Bond Index includes publicly- issued U.S. Treasury securities that have a remaining maturity of greater than seven years and less than or equal to ten years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. In addition, the securities in the Underlying Index must be fixed-rate and denominated in U.S. dollars. Excluded from the Underlying Index are inflation-linked securities, Treasury bills, cash management bills, any government agency debt issued with or without a government guarantee and zero-coupon issues that have been stripped from coupon-paying bonds. The Underlying Index is weighted by market capitalization, and the securities in the Underlying Index are updated on the last business day of each month.

TBX tracks the ICE U.S. Treasury 7-10 Year Bond Index.

No, TBX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, TBX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TBX is 0.0264%. This is the percent change in the value of TBX over the most recent 1-month period. The 3-month return on TBX is 0.0736%. This is the percent change in the value of TBX over the most recent 3-month period.

The standard deviation of TBX for the past year is 0.1012%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to TBX include UST, TYO, and SJB.

ETFs correlated to TBX include PST, TTT, and TBF.

ETFs that are inversely correlated to TBX include IEF, TYD, and UTEN.

No, TBX is not a leveraged ETF.

Yes, TBX is a Inverse (-1) leveraged ETF: This means that TBX will try to match the performance of ICE U.S. Treasury 7-10 Year Bond Index, but move 1x in the opposite direction.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.