IGHGProShares Investment Grade-Interest Rate Hedged ETF
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 is passively-managed with the aim of reducing interest-rate risk by going long on corporate bonds while at the same time shorting US Treasurys. The resulting portfolio should have close to zero duration. The long positions in USD-Denominated investment-grade bonds should have atleast 5.5 years until maturity. The positions in US Treasurys should minimize interest rate risks. 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 underlying index is reconstituted and rebalanced (including a reset of the interest rate hedge) monthly.
IGHG Summary Data
IGHG Portfolio Data
IGHG Index Data
IGHG Portfolio Management
IGHG Tax Exposures
IGHG Fund Structure
IGHG Factset Analytics Block Liquidity
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 Sector/Industry Breakdown