UJB ProShares Ultra High Yield
What is UJB?
UJB provides 2x exposure to a market-value-weighted index of USD-denominated high-yield corporate bonds with remaining maturities between 3 and 15 years.
UJB Factset Analytics Insight
UJB offers a bet against high-yield bonds. The fund delivers 2x exposure 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 2x factor, UJB 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 2x 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.
UJB Summary Data
UJB Portfolio Data
UJB Index Data
UJB Fund Structure
UJB Tax Exposures
UJB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UJB. UJB is rated a N/A out of 5.