SJBProShares Short High Yield
Seeks daily investment results equal to -1x the daily performance of the Markit iBoxx $ Liquid High Yield Index.
By ProShares · Launched 2011
0.95%
#4,684 of 5,562 · expensive
$67M
#3,314 of 5,562 · mid-size
-0.4%
15 years
#869 of 5,562 · established
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Inverse
Index tracked
Markit iBoxx USD Liquid High Yield Index
What it actually holds
By weightConcentration
Top 10 holdings = 88.4% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Bond profile
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results equal to -1x the daily performance of the Markit iBoxx $ Liquid High Yield Index.
- Strategy
- Invests primarily in financial instruments to achieve inverse exposure to the Markit iBoxx $ Liquid High Yield Index. Uses derivatives and rebalances daily to maintain consistent inverse exposure.
- Inception date
- March 21, 2011
- Fund family
- ProShares
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Inverse ETF — daily tool only
Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.
Source: Cheng & Madhavan (2009)
Why we flagged this: strategy=inverse + inverse_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
What's next?
You've reviewed SJB. Save it to your watchlist to track it alongside the other funds you're weighing.
Data updated on 2026-06-19