ProShares - High Yield - Interest Rate Hedged (HYHG)

ETF profile
ProShares - High Yield - Interest Rate Hedged logo

ProShares - High Yield - Interest Rate Hedged (HYHG)

Country: United States of AmericaSector: Financial ServicesIndustry: Asset Management - BondsExchange: CBOE

Company overview

Typically, the fund commits a minimum of 80% of its overall holdings to high-yield debt securities that are components of its benchmark index. This index is structured with two main components: long exposures to U.S. dollar-denominated high-yield corporate bonds, and short positions in U.S. Treasury notes or bonds. The aggregate duration of these short Treasury holdings is designed to be approximately equivalent to the duration of the high-yield bonds.

SectorFinancial Services
IndustryAsset Management - Bonds
CountryUnited States of America
Trades inUSD
Current price
64.65-0.20%
Benchmarks

No price history available.

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

ProShares - High Yield - Interest Rate Hedged (HYHG)

HYHG · CBOE · Financial Services
64.65-0.20%
Sign up to track this stock

No price history available.

About

Typically, the fund commits a minimum of 80% of its overall holdings to high-yield debt securities that are components of its benchmark index. This index is structured with two main components: long exposures to U.S. dollar-denominated high-yield corporate bonds, and short positions in U.S. Treasury notes or bonds. The aggregate duration of these short Treasury holdings is designed to be approximately equivalent to the duration of the high-yield bonds.

SectorFinancial Services
IndustryAsset Management - Bonds
CountryUnited States of America
Trades inUSD

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Unlock all fundamental data

Sign up for Free

Unlock all fundamental data

Sign up for Free