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ProShares Short 20+ Year Treasury (TBF)

Trading--Inverse Debt | Exchange Traded Fund | NYSEArca
24.13 USD -0.19 (-0.781%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 24.13 +0.00 (0.021%) ⇧ (April 17, 2026, 4:04 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★☆☆
Hot Take | April 18, 2026, 1:25 p.m. EDT

TBF is showing mixed signals with short-term options activity suggesting both bullish and bearish sentiment, but the dominance of put options indicates a stronger risk of downward movement. The recent price action and moderate dividend yield point to a cautiously neutral stance, making it a hold for long-term investors.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.013825
AutoETS0.013893
AutoARIMA0.014460
AutoTheta0.015910

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 80%
H-stat 0.08
Ljung-Box p 0.000
Jarque-Bera p 0.116
Excess Kurtosis -1.21

As of April 18, 2026, 1:25 p.m. EDT: Options speculators are showing mixed signals. For calls, there's significant positioning in out-of-the-money (OTM) options, particularly around strikes like 25.0 and 27.0, suggesting some bullish sentiment or anticipation of higher prices. However, puts show notable activity in ATM and OTM strikes, with high open interest and implied volatility, indicating potential bearish sentiment or hedging against downside risks. The overall options flow suggests a cautious stance with both bullish and bearish bets, but the dominance of put options implies a stronger risk of downward movement in the short term.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.38% 2.94% 4.26% 2.86%
Dividend History
Date Dividend Yield %
2026-03-25 0.093 0.383822
2025-12-24 0.217 0.912937
2025-09-24 0.215 0.913863
2025-06-25 0.173 0.725563
2025-03-26 0.211 0.904197
2024-12-23 0.261 1.105340
2024-09-25 0.252 1.193023
2024-06-26 0.314 1.425170
2024-03-20 0.173 0.789151
2023-12-20 0.398 1.970860
2023-09-20 0.216 0.995664
2023-06-21 0.284 1.468767
2023-03-22 0.205 1.096061
2022-12-22 0.082 0.429401
2020-03-25 0.035 0.253574
2019-12-24 0.075 0.442968
2019-09-25 0.092 0.557536
2019-06-25 0.095 0.539073
2019-03-20 0.068 0.356503
2018-12-26 0.087 0.447008
2018-09-26 0.072 0.360867
2018-06-20 0.037 0.188847
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.88

Info Dump

Attribute Value
All Time High 51.15
All Time Low 14.36
Ask 24.31
Ask Size 12,800
Average Daily Volume10 Day 211,430
Average Daily Volume3 Month 146,943
Average Volume 146,943
Average Volume10Days 211,430
Beta3 Year -2.38
Bid 24.11
Bid Size 5,900
Category Trading--Inverse Debt
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 24.1693
Day Low 24.085
Dividend Yield 2.88
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.9698
Fifty Day Average Change 0.16019821
Fifty Day Average Change Percent 0.006683335
Fifty Two Week Change Percent -2.9754698
Fifty Two Week High 25.73
Fifty Two Week High Change -1.6000004
Fifty Two Week High Change Percent -0.062184237
Fifty Two Week Low 23.01
Fifty Two Week Low Change 1.1199989
Fifty Two Week Low Change Percent 0.048674442
Fifty Two Week Range 23.01 - 25.73
First Trade Date Milliseconds 1,250,775,000,000
Five Year Average Return 0.0939087
Full Exchange Name NYSEArca
Fund Family ProShares
Fund Inception Date 1,250,553,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. 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.
Long Name ProShares Short 20+ Year Treasury
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_62124963
Nav Price 24.1296
Net Assets 94,342,120.0
Net Expense Ratio 0.95
Open 24.15
Post Market Change 0.0049991608
Post Market Change Percent 0.02072191
Post Market Price 24.13
Post Market Time 1,776,456,295
Previous Close 24.32
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.190001
Regular Market Change Percent -0.781252
Regular Market Day High 24.1693
Regular Market Day Low 24.085
Regular Market Day Range 24.085 - 24.1693
Regular Market Open 24.15
Regular Market Previous Close 24.32
Regular Market Price 24.13
Regular Market Time 1,776,456,000
Regular Market Volume 120,988
Short Name ProShares Short 20+ Year Treasu
Source Interval 15
Symbol TBF
Three Year Average Return 0.0792523
Total Assets 94,342,120
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.23674
Trailing Three Month Returns 1.23674
Triggerable 1
Two Hundred Day Average 24.02765
Two Hundred Day Average Change 0.10234833
Two Hundred Day Average Change Percent 0.004259606
Type Disp ETF
Volume 120,988
Yield 0.028800001
Ytd Return 1.23674