With these offerings, ProShares’ lineup of inverse Treasury ETFs now numbers eight.
The UltraShort 3-7 Year Treasury ETF seeks to provide 2x the daily performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index. The Short 7-10 Year Treasury ETF seeks to provide 1x the daily performance of the Barclays Capital U.S. 7-10 Year Treasury Bond Index.
“Our lineup of inverse bond ETFs has been extremely popular, garnering more than $7 billion of assets since launching less than three years ago,” said Michael L. Sapir, chairman and CEO of ProShare Advisors. “We are pleased to add two additional ETFs to the set of tools available to investors concerned about a possible pullback in bonds.”