Company Name:: ProShares UltraPro Short 20-Year Treasury
Benchmark Index: Barclays U.S. 20+ Year Treasury Bond Index.
Ticker Symbol: TTT
Types of Bonds Included in this ETF: U.S treasury securities. These bonds have the highest credit rating and have maturity dates of twenty years or more.
Short ETF: This ETF attempts to produce investment results in the opposite direction of the index. If the Barclays U.S. 20+ Year Treasury Bond Index goes up, the ETF is designed to go down. If the Barclays U.S. 20+ Year Treasury Bond Index goes down, the ETF is designed to go up.
Leveraged ETF: This ETF is a leveraged ETF which means the ETF attempts to produce daily returns based on a multiplier. In the case of this ETF, the multiplier is -3x (-300%).
Related Links: