ProShares Short 20+ Year Treasury chart

Last update: 2022-12-30
Key statistics and financials
Three year average return -8.69%
YTD return 4.02%
Beta 3Y -3.22
Total Assets 659.71M
Annual report expense ratio 0.94%

Company description

The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes publicly-issued U.S. Treasury securities that have a remaining maturity greater than or equal to twenty years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. The fund is non-diversified.

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to ProShares Short 20+ Year Treasury:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ProShares Short 20+ Year Treasury. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ProShares Short 20+ Year Treasury

Here is the result of two systematic investment strategies applied to ProShares Short 20+ Year Treasury. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ProShares Short 20+ Year Treasury

The following chart shows the equity curve of the two systematic investment strategies applied to ProShares Short 20+ Year Treasury:

ProShares Short 20+ Year Treasury automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -10.97% on the backtest period.

Performance at glance

Performance

-10.97 %

Latent gain

-218.07 $

Invested capital

1987.85 $

Annualized return

-2.65 %
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Momentum strategy results on ProShares Short 20+ Year Treasury

This is the result of two momentum investment strategies applied to ProShares Short 20+ Year Treasury. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ProShares Short 20+ Year Treasury

The following chart shows all the entries opened by the momentum investment system on ProShares Short 20+ Year Treasury:

ProShares Short 20+ Year Treasury momentum entries
  • The first momentum investment strategy would give -11.19% of return on ProShares Short 20+ Year Treasury. That represents -643.93$ of latent gain with 5754.79$ of employed capital.
  • The second momentum investment strategy would give -10.87% of return on ProShares Short 20+ Year Treasury. That represents -242.08$ of latent gain with 2226.88$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-11.19 %

Latent gain

-643.93 $

Invested capital

5754.79 $

Annualized return

-1.94 %
Performance at glance (2Q Momentum)

Performance

-10.87 %

Latent gain

-242.08 $

Invested capital

2226.88 $

Annualized return

-2.97 %

Momentum equity curve on ProShares Short 20+ Year Treasury

The following chart shows the equity curve of the two momentum strategies applied to ProShares Short 20+ Year Treasury:

ProShares Short 20+ Year Treasury momentum equity

Note: the dividends potentially given by ProShares Short 20+ Year Treasury are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ProShares Short 20+ Year Treasury

The following chart shows the employed capital evolution of the two momentum strategies on ProShares Short 20+ Year Treasury since the beginning:

ProShares Short 20+ Year Treasury

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on ProShares Short 20+ Year Treasury

Buy the dip entry openings on ProShares Short 20+ Year Treasury

ProShares Short 20+ Year Treasury

The performance achieved by the robo-advisor on ProShares Short 20+ Year Treasury is -4.15%. That represents -41.54$ of latent gain with 1000.86$ of employed capital. The following chart shows ProShares Short 20+ Year Treasury stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ProShares Short 20+ Year Treasury, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-4.15 %

Latent gain

-41.54 $

Invested capital

1000.86 $

Annualized return

-1.94 %

Equity curve of the strategy applied to ProShares Short 20+ Year Treasury

The following chart shows the result of the investment strategy applied to ProShares Short 20+ Year Treasury:

ProShares Short 20+ Year Treasury

Note: the dividends potentially given by ProShares Short 20+ Year Treasury are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ProShares Short 20+ Year Treasury

The following chart shows the employed capital evolution since the beginning of the investment strategy on ProShares Short 20+ Year Treasury:

ProShares Short 20+ Year Treasury

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ProShares Short 20+ Year Treasury

In this section, I will compare the three previous investment strategies applied to ProShares Short 20+ Year Treasury.

Equity curve comparison on ProShares Short 20+ Year Treasury

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ProShares Short 20+ Year Treasury investment strategy comparison

Employed capital comparison on ProShares Short 20+ Year Treasury

ProShares Short 20+ Year Treasury investment comparison

Performance comparison on ProShares Short 20+ Year Treasury

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -10.97% -218.07$ 1987.85$ -2.65%
Momentum 1 quarter -11.19% -643.93$ 5754.79$ -2.87%
Momentum 2 quarters -10.87% -242.08$ 2226.88$ -2.97%
Non-directional -4.15% -41.54$ 1000.86$ -1.94%
Annualized return comparison

Automatic investment

-2.65 %

Momentum 1Q

-2.97 %

Momentum 2Q

-2.97 %

Non-directional

-1.94 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ProShares Short 20+ Year Treasury:

Note: The algorithm computes the probability of correlation between ProShares Short 20+ Year Treasury and the other stocks. There may be false positives or some missing correlated stocks. If the price of ProShares Short 20+ Year Treasury does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ProShares Short 20+ Year Treasury
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Address
Phone
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FullTime employees
Industry
Sector
Exchange ARCX
Ticker TBF
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ProShares Short 20+ Year Treasury ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown