---
ticker: "UBT"
name: "ProShares - Ultra 20+ Year Treasury"
url: "https://etf.net/etf/UBT"
grade: "B"
score: 58
graded_at: "2026-10-12"
category: "Leveraged Long (2x & Other)"
category_rank: "13 of 99"
methodology: "https://etf.net/methodology"
---

# UBT: ProShares - Ultra 20+ Year Treasury

Grade **B**, Score 58 of 100. Rank 13 of 99 in Leveraged Long (2x & Other).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 57 | 42 of 99 |
| Mission | Not scored | — |
| Risk | 50 | 51 of 96 |
| Tradability | 64 | 26 of 99 |
| Holdings | 48 | 14 of 23 |
| Durability | 73 | 14 of 99 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | IQMM | Proshares Genius Mny Mkt Etf | 82.86% |
| 2 | — | Net Other Assets (Liabilities) | 16.24% |
| 3 | — | TREASURY BILL, 0%, due 2026-12-29 | 0.90% |

Source: etf.net, https://etf.net/etf/UBT. Please cite the page URL.