ducovest

TBT:ARCA-ProShares UltraShort Lehman 20 Year Treasury (USD)

ETF | Trading--Inverse Debt | NYSE Arca

Last Closing

USD 37.9

Change

-0.38 (-0.99)%

Market Cap

USD 2.34B

Volume

0.53M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is maintained by Interactive Data Pricing and Reference Data LLC and/or its affiliates (collectively, "Interactive Data"). The fund is non-diversified.

Company Website : www.proshares.com

Currency: USD

Country : USA

Inception Date: 29/04/2008

Primary Benchmark: ICE U.S. Treasury 20+ Year Bond TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.93%

Management Expense Ratio: 0.90 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-26 )

Largest Industry Peers for Trading--Inverse Debt

Symbol Name Mer Price(Change) Market Cap
TMV Direxion Daily 20+ Year Treasu.. 0.99 %

-0.43 (-1.13%)

 USD 0.22B
SJB ProShares Short High Yield 0.95 %

N/A

 USD 0.10B
TBF ProShares Short 20+ Year Treas.. 0.92 %

-0.05 (-0.21%)

 USD 0.09B
TTT ProShares UltraPro Short 20+ Y.. 0.95 %

-0.78 (-0.99%)

 USD 0.04B
PST ProShares UltraShort 7-10 Year.. 0.95 %

-0.09 (-0.35%)

 USD 0.02B
TBX ProShares Short 7-10 Year Trea.. 0.95 %

-0.07 (-0.22%)

 USD 0.02B
TYO Direxion Daily 7-10 Year Treas.. 1.05 %

-0.13 (-0.85%)

 USD 0.01B

ETFs Containing TBT

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Debt) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 25.50% 75% C 95% A
Dividend Return 1.19% 71% C- 54% F
Total Return 26.69% 75% C 95% A
Trailing 12 Months  
Capital Gain 36.09% 75% C 87% B+
Dividend Return 4.29% 38% F 63% D
Total Return 40.37% 75% C 88% B+
Trailing 5 Years  
Capital Gain 12.76% 38% F 55% F
Dividend Return 6.27% 50% F 21% F
Total Return 19.03% 38% F 48% F
Average Annual (5 Year Horizon)  
Capital Gain 15.50% 75% C 80% B-
Dividend Return 16.43% 75% C 79% B-
Total Return 0.93% 75% C 23% F
Risk Return Profile  
Volatility (Standard Deviation) 40.97% 38% F 25% F
Risk Adjusted Return 40.11% 25% F 63% D
Market Capitalization 2.34B 100% F 39% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.