ETF Quote Details
|NAV (month end)||5.49|
|Premium (+)/Discount (-) (month end)||-0.21|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
The index seeks to measure the performance of a short investment in Ultra T-Bond Futures. Ultra T-Bond Futures are futures contracts traded on the CBOT whose underlying assets are U.S. Treasury Bonds with a remaining term to maturity of not less than 25 years from the first day of the futures contract delivery month.
It provides investors with a cost-effective and convenient way to take a leveraged view on the performance of a U.S. Treasury bond futures index. The PowerShares DB Short U.S. Treasury Bond Futures Index which measure the performance of a short investment in the CBOT Ultra T-Bond futures.