HYHG

ProShares High Yield-Interest Rate Hedged ETF
C

61
  • Overview
  • Efficiency
  • Tradability
  • Fit

HYHG Fund Description

ProShares High Yield Interest Rate Hedged ETF tracks an index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys.

HYHG Factset Analytics Insight

HYHG tracks an index that goes long on recently issued, high-yield USD debt from US and Canadian issuers, while shorting a duration-matched combination of 2-, 5- and 10-year US Treasurys. The goal is to provide credit exposure while minimizing interest-rate risk. The fund's high-yield holdings are limited to US- or Canadian-based issues that are US dollar denominated, and were issued in the last 5 years. This approach to the market carries with it elevated risk, as well as significant portfolio concentration. Trading volume is modest and on-screen spreads can be very high, though block trades are workable with some effort. The fund carries a reasonable fee, but short interest expenses frequently push its tracking lag considerably higher, though that's expected of a fund with this kind of strategy.

HYHG MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of December 11, 2017 the ProShares High Yield-Interest Rate Hedged ETF MSCI ESG Fund Quality Score is 3.31 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. HYHG ranks in the 5th percentile within its peer group and in the 2nd percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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HYHG Top 10 Countries View All

HYHG Top 10 Sectors

HYHG Top 10 Holdings View All

HYHG Summary Data

ProShares
05/21/13
Open-Ended Fund
0.50%
$140.31M
$664.92K
0.49%

HYHG Portfolio Data

-0.11
6.28Years
6.01%
12/01/17
169

HYHG Index Data

Market Value
Market Value
Barclays U.S. Corporate High Yield Index

Related ETFs to HYHG

HYGH, HYIH, HYG, JNK, HYLB
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

HYHG Portfolio Management

0.50%
-1.91%
-0.53%
-2.56%

HYHG Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

HYHG Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
15:59:5067.72100
15:59:5067.72100
15:59:5067.72100
15:59:5067.72100
15:59:5067.72100
15:58:5967.64100
14:39:5367.7012
13:53:1067.47200
13:50:1367.55100
13:10:2867.55100
Bats BZX Real-time Quote - 18:49:49
Daily Spread
Premium/Discount
Volume

HYHG Factset Analytics Block Liquidity

As of 12/12/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HYHG. HYHG is rated a 4 out of 5.

HYHG Tradability

9,817
$664.92K
8,266
$554.99K
0.49%
$0.34
0.32%
1.46% / -0.95%
None
100.00%
25,000
0.33
0.03%
--
--
$67.67
4

HYHG Top 5 Countries

73.35% 86.92%
5.54% 5.86%
0.52% 1.98%
2.27% 1.35%
1.11% 0.85%

HYHG Top 5 Currencies

100.00% 100.00%
98.75% 99.18%
1.23% 0.81%

HYHG Performance Statistics

0.62
0.94
--
--
--

HYHG MSCI ESG Ratings

3.31 / 10
4.79
1.64
7.60%
1.38%
569.97

HYHG Holdings Statistics

HYHG Maturity Distribution

0.45% 1.98%
13.10% 3.85%
26.48% 19.92%
29.22% 38.25%
24.03% 33.30%
6.73% 2.70%

HYHG Credit Breakdown

0.00% 0.00%
0.00% 0.00%
0.05% 0.00%
0.16% 0.00%
44.99% 36.84%
38.38% 41.68%
14.44% 19.05%
1.46% 0.45%
0.16% 0.00%