HYHGProShares High Yield—Interest Rate Hedged

Get income13y track recordRanked #749 of 1,622 in this goal

Seeks investment results that track the performance of the FTSE High Yield Index.

By ProShares · Launched 2013

Annual Cost

0.50%

#2,576 of 5,562 · average

Fund Size

$174M

#2,420 of 5,562 · mid-size

Dividend YieldGoal

6.76%

Track Record

13 years

#1,077 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,793+7.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

FTSE High Yield (Treasury Rate-Hedged) Index

What it actually holds

By weight

Concentration

Top 10 holdings = 11.9% of fund✓ well diversified

INVESCO GOVT AND AGCY LEX

1.5%

Quikrete Holdings, Inc.

1.5%

Medline Borrower LP

1.3%

Cloud Software Group, Inc.

1.3%

EchoStar Corp.

1.2%

Level 3 Financing, Inc.

1.1%

TransDigm, Inc.

1.0%

Carnival Corp.

1.0%

Community Health Systems, Inc.

1.0%

HUB International Ltd.

0.9%

Asset allocation

Bonds

96.8%

Other

2.3%

Cash

0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

5.6%Low

Year-on-year price swings

Max drawdown

-25.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.83Decent risk-adjusted returns

Sortino (3Y)

1.23Good downside protection

Bond profile

Duration

7.3 years

Avg maturity

10.0 years

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks investment results that track the performance of the FTSE High Yield Index.
Strategy: Invests primarily in high-yield corporate bonds rated below investment-grade, hedged with a short position in U.S. Treasury bonds. The Index measures performance of these positions, resetting monthly to mitigate interest rate impacts.
Inception date: May 21, 2013
Fund family: ProShares