ProShares UltraShort TIPs
TPS
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- IPO Date
- Nov 10, 2000
- CIK
- 0001174610
- Similar Companies
- Business
- ProShares UltraShort TIPS (TPS) is an exchange-traded fund that seeks daily investment results corresponding to two times the inverse (-2x) of the daily performance of the Bloomberg Barclays U.S. Treasury Inflation-Protected Securities (TIPS) Index (Series-L); the fund invests in derivatives, including swap agreements and futures contracts, as well as money market instruments, to achieve its leveraged inverse exposure to U.S. TIPS with at least one year remaining to maturity rated investment grade (Baa3 by Moody's or BBB- by S&P). TPS provides sophisticated investors and traders with a tool for short-term strategies to hedge against or speculate on declines in TIPS prices amid expectations of lower inflation or deflationary pressures. The fund operates within the fixed income segment focused on U.S. government inflation-protected securities, targeting institutional and retail investors seeking tactical positioning in interest rate and inflation markets. Launched on February 9, 2011, by ProShare Advisors LLC, TPS is part of ProShares Trust, domiciled in the United States with headquarters in Bethesda, Maryland. The ETF trades on the NYSE Arca exchange and remains available for trading as of December 2025, with recent quotes showing shares around $24 amid ongoing market activity, despite low assets under management. No major recent partnerships, acquisitions, funding rounds, product launches, or strategic shifts specific to TPS have been announced in the last 1-2 years; ProShares continues periodic reviews of its ETF lineup, including liquidations of underperforming products in 2022, but TPS was not among those closed.