# ProShares Ultra 20+ Year Treasury (UBT) — Overview

UBT · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/ubt

## Price

Last close $14.06 on Oct 15, 2026. 52-week range $13.07 – $18.43.

## Fund profile

UBT provides 2x exposure to a market-value-weighted index of US Treasury securities with remaining maturities greater than 20 years.

| Metric | Value |
| --- | --- |
| Issuer | ProShare Advisors |
| Industry | — |
| Inception | Jan 19, 2010 |
| Assets under management | $68.0M |
| Expense ratio | 0.95% |
| Net asset value | $13.67 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 2x |

## Frequently Asked Questions

### What is ProShares Ultra 20+ Year Treasury (UBT)?

UBT provides 2x exposure to a market-value-weighted index of US Treasury securities with remaining maturities greater than 20 years.

### What is UBT's expense ratio?

ProShares Ultra 20+ Year Treasury charges an annual expense ratio of 0.95%. The fund is issued by ProShare Advisors.

### How large is UBT?

ProShares Ultra 20+ Year Treasury manages $68.0M in assets and has traded since Jan 19, 2010.

### How do I buy shares of ProShares Ultra 20+ Year Treasury (UBT)?

UBT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).