ProShares Short 7-10 Year Treasury (TBX)
ARCA ARCA Primary 
XBER Summary
TBX Chart
This Isn't 2022 - It's Not Time For TBX (Rating Downgrade)
I initially rated ProShares Short 7-10 Year Treasury ETF a "Buy" in April 2022 due to rising rates; now, I rate it a "Sell". TBX had a 14.3% annualized return from April 2022 to October 2023, while iShares 7-10 Year Treasury Bond ETF had an APR of -8.7%. The Federal Reserve's balance sheet reduction and rising national debt will put upward pressure on intermediate Treasuries in the longer-term.
ProShares Short 7-10 Year Treasury Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BG Bryan Gort Quest 10 Wealth Builders, Inc. | 96 | $2,793 | $2,736 | -$57 | -2.04% |
| CTC Caldwell Trust Co Caldwell Trust Co | 1,217 | $31,459.35 | $34,684.5 | $3,225.15 | 10.25% |
ProShares Short 7-10 Year Treasury (TBX) FAQ
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Does it pay dividends? What is the current yield?
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Has ProShares Short 7-10 Year Treasury ever had a stock split?
ProShares Short 7-10 Year Treasury Profile
| ARCA Exchange | US Country |
Overview
The described fund operates within the financial sector, specifically focusing on investment in U.S. Treasury securities to achieve its goal of matching the Daily Target in returns. It aims at treasury securities that have a maturity period between seven to ten years and insists on a minimum outstanding face value of $300 million, ensuring that the securities are of significant market relevance. Notably, it excludes securities held by the Federal Reserve from its investment purview. The fund is identified as non-diversified, meaning it may concentrate its investments in fewer securities compared to diversified funds, potentially leading to higher volatility and risk/reward characteristics.
Products and Services
The fund offers investment products that are designed to aim for daily returns consistent with a predetermined Daily Target. The primary focus of these products includes:
- Investment in U.S. Treasury Securities: The core product of this fund is its investment in U.S. Treasury securities, targeting those with a maturity period of between seven to ten years and a substantial outstanding face value. This focus on medium-term treasuries aims to capture a balance between yield and risk, appealing to investors looking for relatively safe but profitable investment opportunities.
- Non-Diversified Fund Strategies: Being a non-diversified fund, it invests in a narrower selection of financial instruments. This strategy allows for potentially higher returns but comes with increased risk due to less diversification. The fund seeks to mitigate this through careful selection of securities and alignment with the Daily Target, catering to investors who are prepared to accept higher levels of risk for the possibility of greater rewards.
