EMSHProShares Short Term USD Emerging Markets Bond ETF
EMSH Fund Description
EMSH tracks an index of USD-denominated emerging market sovereign, sub-sovereign, and quasi-sovereign bonds with less than five years remaining to maturity.
EMSH Factset Analytics Insight
EMSH is the first fund to focus solely on the short end of the yield curve for emerging market sovereign debt, aiming to reduce interest rate risk in bond ETFs. The fund’s underlying index screens out bonds with more than 5 years remaining in maturity and as such carries much lower interest rate risk than leading broad maturity EM ETFs. EMSH only holds credits issued in USD, so it avoids direct currency risk. Still, a weakening local currency makes debt service in USD that much harder for the issuing government, transmitting currency risk into credit risk in times of stress. The index includes both investment grade and non-investment grade securities. Each component of the index is weighted by market-value, capped at 10% issuer. Rebalancing and reconstitution is done on a quarterly basis.
EMSH MSCI ESG Analytics Insight
ProShares Short Term USD Emerging Markets Bond ETF has an MSCI ESG Fund Rating of BB based on a score of 3.45 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. ProShares Short Term USD Emerging Markets Bond ETF ranks in the 6th percentile within its peer group and in the 69th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EMSH Summary Data
EMSH Portfolio Data
EMSH Index Data
EMSH Portfolio Management
EMSH Tax Exposures
EMSH Fund Structure
EMSH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EMSH. EMSH is rated a N/A out of 5.