IGHGProShares Investment Grade—Interest Rate Hedged

Diversifier12y track recordRanked #24 of 240 in this goal

Tracks the FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index.

By ProShares · Launched 2013

Annual Cost

0.30%

#1,472 of 5,562 · low cost

Fund Size

$309M

#1,930 of 5,562 · mid-size

Return (1Y)Goal

+5.7%

Track Record

12 years

#1,146 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,641+6.4%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Tactical allocation

Index tracked

FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index

What it actually holds

By weight

Concentration

Top 10 holdings = 13.6% of fund✓ well diversified

Morgan Stanley

1.6%

Apple, Inc.

1.6%

Oracle Corp.

1.4%

JPMorgan Chase & Co.

1.4%

International Business Machines Corp.

1.4%

Bank of America Corp.

1.4%

Goldman Sachs Group, Inc. (The)

1.3%

HSBC Holdings plc

1.2%

Cisco Systems, Inc.

1.2%

GlaxoSmithKline Capital, Inc.

1.1%

Asset allocation

Bonds

96.4%

Cash

3.0%

Other

0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.4%Low

Year-on-year price swings

Max drawdown

-25.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.17Strong risk-adjusted returns

Sortino (3Y)

1.69Good downside protection

Bond profile

Duration

5.4 years

Avg maturity

9.7 years

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Tracks the FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index.
Strategy: Invests primarily in investment-grade corporate bonds and uses a duration-matched short position in U.S. Treasuries to hedge interest rate risk. The Index is rebalanced monthly to mitigate the impact of rising Treasury rates.
Inception date: November 5, 2013
Fund family: ProShares