SJB

ProShares Short High Yield
*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

SJB Portfolio Data

0.07%
N/A

SJB Index Data

Market Value
Market Value
N/A

SJB Fund Structure

Yes
No
-- / --
N/A
N/A
Low
-1
Daily

SJB Tax Exposures

20.00% / 39.60%
--
No

SJB Factset Analytics Block Liquidity

As of 05/13/22
5
4
3
2
1

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