HYHGProShares High Yield—Interest Rate Hedged
Tracks the performance of the FTSE High Yield (Treasury Rate-Hedged) Index.
By ProShares · Launched 2013
Annual Cost
0.50%
#2,668 of 5,861 · average
Fund Size
$176M
#2,452 of 5,861 · mid-size
Dividend YieldGoal
6.77%
Track Record
13 years
#1,058 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,749+7.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Index tracking
Index tracked
FTSE High Yield (Treasury Rate-Hedged) Index
What it actually holds
By weightConcentration
Top 10 holdings = 14.8% of fund✓ well diversified
INVESCO GOVT AND AGCY LEX
4.1%
1261229 BC Ltd.
1.6%
Quikrete Holdings, Inc.
1.5%
Cloud Software Group, Inc.
1.3%
Level 3 Financing, Inc.
1.2%
WULF Compute LLC
1.1%
EchoStar Corp.
1.1%
Carnival Corp.
1.0%
Asurion LLC and Asurion Co-Issuer, Inc.
1.0%
Community Health Systems, Inc.
0.9%
Asset allocation
Bonds
97.5%
Other
1.3%
Cash
1.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
5.6%Low
Year-on-year price swings
Max drawdown
-25.7%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.76Decent risk-adjusted returns
Sortino (3Y)
1.12Good downside protection
Bond profile
Duration
7.3 years
Avg maturity
10.0 years
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Tracks the performance of the FTSE High Yield (Treasury Rate-Hedged) Index.
- Strategy
- Invests primarily in high-yield corporate bonds rated below investment-grade from U.S. and Canadian companies, while hedging interest rate risk with short positions in U.S. Treasury bonds. Aims to track the FTSE High Yield (Treasury Rate-Hedged) Index, which measures high-yield debt performance.
- Inception date
- May 21, 2013
- Fund family
- ProShares
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Data updated on 2026-08-04