# ProShares Ultra 20+ Year Treasury (UBT)

> Source: Nexqual · https://nexqual.com/UBT · data as of 2026-10-23 14:30 UTC · cite as "Nexqual, ProShares Ultra 20+ Year Treasury (UBT), nexqual.com/UBT" · informational, not investment advice.

**Price:** USD 14.56 (-0.55% today) · US market open, as of October 23, 2026 at 14:30 UTC; quotes may be delayed. Prev close 14.64 · day 14.56–14.64 · 52w 12.83–18.44 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -17.4% vs S&P 500 +14.5%; 5Y -69.3% vs S&P 500 +77.2%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -17.4% | -69.3% |
| S&P 500 (SPY) | +14.5% | +77.2% |
| Per year | -17.4% | -21.1% |
| Volatility (annualized) | 19.3% | 28.9% |
| Max drawdown | -26.9% (Oct 2025→Oct 2026) | -74.6% (Nov 2021→Sep 2026) |

## Peers
TYD (Direxion Daily 10-Yr Treasury B) USD 21.13 -0.42% · EET (ProShares Ultra MSCI Emerging M) USD 91.47 -0.00% · UJB (ProShares Ultra High Yield ETF) USD 73.94 -0.01% · ULE (ProShares Ultra Euro) USD 11.88 -0.02% · XPP (ProShares Ultra FTSE China 50) USD 17.11 -0.81%

## More
Full page: https://nexqual.com/UBT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2027-01-15 | 84 | 29.8% | ±7.9% |