ProShares Ultra High Yield ETFProShares Ultra High Yield ETFProShares Ultra High Yield ETF

ProShares Ultra High Yield ETF

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Key stats

Assets under management (AUM)
‪21.97 M‬USD
Fund flows (1Y)
‪17.73 M‬USD
Dividend yield (indicated)
2.24%
Discount/Premium to NAV
−0.4%

About ProShares Ultra High Yield ETF

Issuer
ProShare Advisors LLC
Brand
ProShares
Expense ratio
0.96%
Home page
Inception date
Apr 13, 2011
Index tracked
iBoxx USD Liquid High Yield Index
Management style
Passive
UJB offers a bet against high-yield bonds. The fund delivers 2x exposure 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 2x factor, UJB 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 2x 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 May 9, 2024
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows