IGHG ETF Report: Ratings, Analysis, Quotes, Holdings

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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 4.82 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 36th 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

Price Chart ($)

Total Return Chart (%)

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PERFORMANCE [as of 02/20/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

IGHG -0.89% 2.37% -0.82% 7.96% 3.92% 3.32% --

IGHG (NAV) -0.38% 2.45% -0.16% 8.21% 4.22% 3.44% --

FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index -- -- -- -- -- -- --

Bloomberg Barclays U.S. 10+ Year Corporate Bond Index 3.64% 5.80% 5.07% 24.98% 10.35% 7.19% 8.60%

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%

$272.65M

$1.29M

0.28%

Fund Home Page

IGHG Portfolio Data

03/02/20

260

IGHG Index Data

FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index

Market Value

Bloomberg Barclays U.S. 10+ Year Corporate Bond Index

IGHG Portfolio Management

0.30%

Max. Downside Tracking Difference (12 Mo) --

IGHG Tax Exposures

20.00% / 39.60%

Ordinary income

IGHG Fund Structure

Open-Ended Fund

No Policy

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 02/21/20

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

16,714

$1.29M

11,617

$892.54K

0.28%

$0.22

0.03%

0.72% / -0.63%

None

100.00%

25,000

0.46

0.03%

$76.83

N/A

IGHG Top 10 Holdings[View All]

U.S. Dollar 2.87%

Goldman Sachs Group, Inc. 6.75% 01-OCT-2037 1.94%

Pfizer Inc. 7.2% 15-MAR-2039 1.56%

Verizon Communications Inc. 4.272% 15-JAN-2036 1.11%

Citigroup Inc. 4.45% 29-SEP-2027 1.11%

Mitsubishi UFJ Financial Group, Inc. 3.85% 01-MAR-2026 1.04%

United Technologies Corporation 5.7% 15-APR-2040 1.02%

GE Capital International Funding Co. 4.418% 15-NOV-2035 1.01%

Telefonica Emisiones SA 7.045% 20-JUN-2036 0.97%

Cooperatieve Rabobank UA 5.25% 04-AUG-2045 0.96%

Total Top 10 Weighting 13.59%

IGHG Performance Statistics

0.11

-0.12

IGHG MSCI ESG Ratings

4.82 / 10

1.33

35.66

8.55%

1.57%

132.07

IGHG Holdings Statistics

Effective Duration --

Credit Spread Duration --

Concentration --

Number of Holdings 260

Option Adjusted Spread --

IGHG Avg Life Maturity Distribution

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IGHG OAS Breakdown

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> 1000 bps --

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Terms of Use

MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.

IGHG