ProShares Short High YieldProShares Short High YieldProShares Short High Yield

ProShares Short High Yield

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Key stats


Assets under management (AUM)
‪79.29 M‬USD
Fund flows (1Y)
‪−89.77 M‬USD
Dividend yield (indicated)
5.31%
Discount/Premium to NAV
0.01%

About ProShares Short High Yield


Issuer
ProShare Advisors LLC
Brand
ProShares
Expense ratio
0.95%
Home page
Inception date
Mar 21, 2011
Index tracked
iBoxx USD Liquid High Yield Index
Management style
Passive
SJB offers a bet against high-yield bonds. The fund delivers the inverse (-1x) of daily returns of a high-yield USD-denominated bond index that comprises issues ranging between 3 and 15 years to maturity. However, the daily reset will prevent the inverse relationship from holding true for more than one day. As a levered product with -1x factor that resets daily, SJB is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one-day period. Over longer periods, returns can vary significantly from -1x exposure to its underlying index. Holding it for a period longer will introduce the effects of compounding, even if this is less pronounced in a non-leveraged product.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
Market value

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 20, 2024
Exposure type
Bonds, Cash & Other
Government
Cash
Bonds, Cash & Other100.00%
Government45,056.66%
Cash20,183.07%
Miscellaneous−65,139.74%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows