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ISPY vs IGHG

ProShares S&P 500 High Income ETF vs ProShares Investment Grade—Interest Rate Hedged

ISPY

ProShares S&P 500 High Income ETF

Annual cost

0.56%

Fund size

$1.3B

IGHG

ProShares Investment Grade—Interest Rate Hedged

Annual cost

0.30%

Fund size

$276M

Key differences

  • IGHG costs 0.26% less per year.
  • ISPY is significantly larger than IGHG — larger funds tend to be more liquid and less likely to close.
  • ISPY follows a option income strategy; IGHG uses tactical allocation.
  • IGHG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ISPYIGHG
Annual cost (TER)0.56%0.30%
Fund size (AUM)$1.3B$276M
Since20232013
Dividend yield6.91%5.14%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incometactical allocation
CAGR 1Y+28.2%+6.9%
CAGR 3YN/A+8.9%
CAGR 5YN/A+5.3%
Sharpe 3YN/A1.26
Volatility 1Y11.56%3.49%
Max drawdown-16.88%-25.16%

Similar to ISPY and IGHG