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ProShares Ultra 7-10 Year Treasury (UST)

Trading--Leveraged Debt | Exchange Traded Fund | NYSEArca
41.34 USD -0.31 (-0.755%) ⇩ (July 13, 2026, 1:23 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 6:07 a.m. EDT

This leveraged inverse ETF is currently trapped in a structural decline that makes it a poor vehicle for long-term capital preservation. Over the last nine years, the asset has lost nearly 35% of its value, driven by five consecutive years of negative annual returns. This persistent downward trajectory indicates that the market consistently views the underlying 7-10 year Treasury environment as unfavorable for this specific leveraged strategy, eroding the principal despite the issuer's regular payouts. While the recent price action shows a slight uptick, it remains well below its 200-day average, failing to generate the momentum needed to overcome the deep historical losses. For investors seeking exposure to long-term rates, the compounding drag of leverage during a multi-year downtrend has severely compromised the investment thesis.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.014585
AutoARIMA0.015681
AutoETS0.015681
AutoTheta0.015954

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 67%
H-stat 0.56
Ljung-Box p 0.000
Jarque-Bera p 0.116
Excess Kurtosis 0.48

As of July 11, 2026, 6:07 a.m. EDT: Speculator positioning is extremely thin and non-directional. Call volume and open interest are negligible across all expirations, with no significant flow at strikes above the current price. Put activity is similarly absent, with virtually no open interest or volume recorded. The lack of meaningful positioning suggests a lack of conviction from both bulls and bears, reflecting the instrument's nature as a leveraged proxy for a stable asset class rather than a speculative trade.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.76% 3.43% 3.55% 2.57%
Dividend History
Date Dividend Yield %
2026-06-24 0.3210 0.756362
2026-03-25 0.1940 0.452320
2025-12-24 0.5700 1.298405
2025-09-24 0.4050 0.920664
2025-06-25 0.3030 0.705471
2025-03-26 0.3140 0.745135
2024-12-23 0.5880 1.452928
2024-09-25 0.2910 0.632471
2024-06-26 0.3750 0.886315
2024-03-20 0.4260 0.997658
2023-12-20 0.4040 0.884994
2023-09-20 0.3870 0.911876
2023-06-21 0.5950 1.264612
2023-03-22 0.2030 0.406488
2022-12-22 0.2210 0.455295
2021-12-23 0.0450 0.066157
2021-09-22 0.0230 0.032698
2021-06-22 0.0680 0.099648
2021-03-23 0.0500 0.075188
2020-12-23 0.0800 0.109215
2020-09-23 0.0900 0.118374
2020-06-24 0.1120 0.148246
2020-03-25 0.1100 0.150417
2019-12-24 0.2770 0.444409
2019-09-25 0.1470 0.229008
2019-06-25 0.1730 0.278538
2019-03-20 0.2880 0.504555
2018-12-26 0.3510 0.642975
2018-09-26 0.2550 0.486548
2018-06-20 0.1910 0.358147
2018-03-21 0.1550 0.289287
2017-12-26 0.1690 0.297326
2017-09-27 0.1280 0.219366
2017-06-21 0.1290 0.217355
2017-03-22 0.0550 0.096661
2016-12-21 0.1250 0.227108
2016-09-21 0.0700 0.111447
2016-06-22 0.0780 0.124840
2015-12-22 0.1270 0.224938
2015-09-23 0.0360 0.062992
2015-06-24 0.1140 0.208753
2015-03-25 0.1460 0.251421
2014-12-22 0.5800 1.043353
2014-09-24 1.2020 2.288216
2014-06-25 0.1750 0.327286
2014-03-26 0.7670 1.479838
2012-06-20 0.0100 0.017743
2011-09-21 0.0075 0.014256
2011-03-23 0.0025 0.006112
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.52

Info Dump

Attribute Value
All Time High 80.86
All Time Low 34.27
Ask 42.54
Ask Size 400
Average Daily Volume10 Day 11,280
Average Daily Volume3 Month 8,659
Average Volume 8,659
Average Volume10Days 11,280
Beta3 Year 2.32
Bid 40.73
Bid Size 400
Category Trading--Leveraged Debt
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 41.365
Day Low 41.3415
Dividend Yield 3.52
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 42.2108
Fifty Day Average Change -0.86930084
Fifty Day Average Change Percent -0.020594275
Fifty Two Week Change Percent -1.2893975
Fifty Two Week High 45.43
Fifty Two Week High Change -4.088501
Fifty Two Week High Change Percent -0.089995615
Fifty Two Week Low 41.13
Fifty Two Week Low Change 0.21149826
Fifty Two Week Low Change Percent 0.0051421896
Fifty Two Week Range 41.13 - 45.43
First Trade Date Milliseconds 1,265,121,000,000
Five Year Average Return -0.0739455
Full Exchange Name NYSEArca
Fund Family ProShares
Fund Inception Date 1,263,859,200
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 is designed to measure the performance of U.S. dollar denominated sovereign debt publicly issued by the U.S. government. The fund is non-diversified.
Long Name ProShares Ultra 7-10 Year Treasury
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_84932533
Nav Price 41.6875
Net Assets 15,007,170.0
Net Expense Ratio 0.95
Open 41.365
Previous Close 41.6561
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.314602
Regular Market Change Percent -0.75523627
Regular Market Day High 41.365
Regular Market Day Low 41.3415
Regular Market Day Range 41.3415 - 41.365
Regular Market Open 41.365
Regular Market Previous Close 41.6561
Regular Market Price 41.3415
Regular Market Time 1,783,963,424
Regular Market Volume 256
Short Name ProShares Ultra 7-10 Year Treas
Source Interval 15
Symbol UST
Three Year Average Return -0.0065979
Total Assets 15,007,170
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -0.83762
Trailing Three Month Returns -0.83762
Triggerable 1
Two Hundred Day Average 43.5633
Two Hundred Day Average Change -2.2218018
Two Hundred Day Average Change Percent -0.051001687
Type Disp ETF
Volume 256
Yield 0.0352
Ytd Return -2.20315