About ProShares Ultra 20+ Year Treasury (UBT)

ProShares Ultra 20+ Year Treasury (UBT) is an exchange-traded fund (ETF) that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. UBT utilizes leverage to provide leveraged exposure to long-term U.S. Treasury bonds. With an investment strategy that aims to deliver double the daily return of the underlying index, UBT is designed for investors seeking magnified returns on their investments.

The fund's performance is tied to the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index, which tracks the performance of U.S. Treasury bonds with maturities of 20 years or more. UBT seeks to generate returns that are twice the return of the index on a daily basis. It is important to note that due to compounding effects and market volatility, UBT's returns over periods longer than one day can deviate significantly from twice the index's return.