IGHG

ProShares Investment Grade-Interest Rate Hedged ETF
*Unless otherwise stated, data provided by FactSet.

IGHG Fund Description

IGHG tracks an index with long exposure to USD-denominated investment-grade debt and short exposure to US Treasurys. The fund aims to minimize interest-rate risk.

IGHG Factset Analytics Insight

IGHG aims to reduce interest-rate risk by going long corporate bonds while at the same time shorting US Treasurys. The resulting portfolio should have close to zero duration. This sounds simple in theory but can be tricky in practice. IGHG broadly succeeds in delivering its strategy, making it an interesting option for investors concerned about rate risk. The fund's liquidity is decent, with manageable spreads. Block traders should not have too much difficulty with execution. For a fund running a unique and tricky strategy, IGHG charges a reasonable expense ratio, though tracking isn't perfect and the fund sometimes lags its index by more than its headline fee.

IGHG MSCI ESG Analytics Insight

ProShares Investment Grade-Interest Rate Hedged ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.05 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 Investment Grade-Interest Rate Hedged ETF ranks in the 41st percentile within its peer group and in the 1st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

IGHG Charts And Performance

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Total Return Chart (%)
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PERFORMANCE [as of 11/08/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IGHG 2.90% 2.67% 9.77% 4.93% 4.32% 2.86% --
IGHG (NAV) 2.93% 2.97% 9.67% 4.84% 4.34% 2.85% --
Bloomberg Barclays U.S. 10+ Year Corporate Bond Index -2.28% -0.02% 20.11% 21.71% 6.75% 6.21% 7.78%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IGHG Summary Data

ProShares
11/05/13
Open-Ended Fund
0.30%
$280.28M
$1.75M
0.27%

IGHG Portfolio Data

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12/02/19
267

IGHG Index Data

FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index
Market Value
Market Value
Bloomberg Barclays U.S. 10+ Year Corporate Bond Index

IGHG Portfolio Management

0.30%
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IGHG Tax Exposures

20.00% / 39.60%
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Ordinary income
No

IGHG Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

IGHG Factset Analytics Block Liquidity

As of 11/11/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IGHG. IGHG is rated a N/A out of 5.

IGHG Tradability

23,438
$1.75M
19,363
$1.44M
0.27%
$0.20
0.01%
0.85% / -1.63%
None
100.00%
25,000
0.77
0.03%
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0
$75.76
N/A

IGHG Top 10 Holdings[View All]

3.77%
1.72%
1.41%
1.08%
1.08%
1.07%
1.04%
1.02%
1.01%
0.99%
14.19%

IGHG Performance Statistics

0.03
-0.07
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IGHG MSCI ESG Ratings

BBB
5.05 / 10
1.23
40.71
8.93%
1.17%
148.03

IGHG Holdings Statistics

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267
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IGHG Avg Life Maturity Distribution

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IGHG OAS Breakdown

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