SJB ETF Report: Ratings, Analysis, Quotes, Holdings

Popular SJB Comparisons: SJB vs TMV, SJB vs TYO, SJB vs TTT, SJB vs TBF, SJB vs TBX

Find more ETFs with our ETF Screener and Database

*Unless otherwise stated, data provided by FactSet.

SJB Fund Description

SJB provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years.

SJB Factset Analytics Insight

SJB offers a bet against high-yield bonds. The fund delivers the inverse (-1x) of daily returns of a high-yield USD-denominated bond index that comprises issues ranging between 3 and 15 years to maturity. However, the daily reset will prevent the inverse relationship from holding true for more than one day. As a levered product with -1x factor that resets daily, SJB is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one-day period. Over longer periods, returns can vary significantly from -1x exposure to its underlying index. Holding it for a period longer will introduce the effects of compounding, even if this is less pronounced in a non-leveraged product.

PERFORMANCE [as of 05/11/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

SJB 2.90% 5.11% 9.86% 4.62% -3.92% -3.84% -5.73%

SJB (NAV) 3.01% 5.29% 9.93% 4.68% -3.91% -3.84% -5.75%

iBoxx $ Liquid High Yield Index -3.23% -5.93% -9.90% -7.40% 1.43% 2.71% 4.22%

N/A -- -- -- -- -- -- --

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SJB Summary Data

ProShares

03/21/11

Open-Ended Fund

0.95%

$277.97M

0.05%

N/A

Fund Home Page

SJB Portfolio Data

0.07%

N/A

SJB Index Data

iBoxx $ Liquid High Yield Index

Market Value

N/A

SJB Fund Structure

Yes

-- / --

N/A

Low

-1

Leverage Reset Frequency Daily

SJB Tax Exposures

20.00% / 39.60%

SJB Factset Analytics Block Liquidity

As of 05/13/22

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

SJB Tradability

562,918

$10.23M

435,564

$7.85M

0.05%

$0.01

0.02%

0.13% / -0.12%

None

100.00%

50,000

8.71

0.03%

3,603

$19.15

N/A

The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.

ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.

[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Data provider:
Terms of Use

SJB