TBF vs TBT
ProShares Short 20+ Year Treasury ETF against ProShares Trust UltraShort Lehman 20+ Year Treasury: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
8%
1 shared positions
Fee gap
4 bp
TBT is cheaper
1-year return gap
11.9 pts
TBT is ahead
Larger fund
TBT
$332M
Side by side
| TBF | TBT | |
|---|---|---|
| Fund | ProShares Short 20+ Year Treasury ETF | ProShares Trust UltraShort Lehman 20+ Year Treasury |
| Issuer | ProShares | ProShares |
| Category | Leveraged & Inverse Bond | Leveraged & Inverse Bond |
| Expense ratio | 0.95% | 0.91% |
| Assets | $126M | $332M |
| Average daily dollar volume | $7.6M | $17M |
| Listed | Aug 18, 2009 | Apr 29, 2008 |
| FrenzyCap score | 55 | 66 |
| 1-month return | +1.4% | +3.1% |
| 3-month return | +3.1% | +6.0% |
| Year to date | +7.6% | +14.0% |
| 1-year return | +12.1% | +24.0% |
| 30-day volatility | 11.1% | 22.5% |
| Worst drawdown, 1 year | −5.6% | −10.5% |
| Trailing 12-month yield | 2.27% | 2.30% |
| Holdings | 10 | 10 |
| Top 10 weight | 15.9% | 8.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$62M thru May 2026 | +$85M thru May 2026 |
| 30-day implied volatility | 14.2% | 25.3% |
| Holdings as of | as of Oct 21, 2026issuer data | as of Oct 21, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
16% of TBF · 8% of TBT| Holding | TBF | TBT |
|---|---|---|
| TREASURY BILL, due Dec 29, 2026 | 15.94% | 8.02% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · TBF holdings · TBT holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.