Cboe US - Delayed Quote USD

ProShares High Yield—Interest Rate Hedged (HYHG)

65.20 +0.16 (+0.25%)
At close: 3:59 PM EDT

ETF Summary

Under normal circumstances, the fund will invest at least 80% of its total assets in high-yield bonds included in the index. The index is comprised of (a) long positions in USD-denominated high yield corporate bonds ("high yield bonds") and (b) short positions in U.S. Treasury notes or bonds ("Treasury Securities") of, in aggregate, approximate equivalent duration to the high yield bonds.

Risk Overview

Performance & Risk

YTD Return 8.72%
5y Average Return 5.95%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.29
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
HYHGCategory AverageHYHGCategory AverageHYHGCategory Average
Alpha 4.72 0.78 4.23 1.33 2.54 0.88
BETA 0.29 0.48 0.31 0.48 0.09 0.42
Mean Annual Return 0.59 0.18 0.51 0.24 0.36 0.23
R-squared 9.61 54.27 5.34 30.63 0.34 23.64
Standard Deviation 7.19 5.76 8.3 6.41 7.71 5.11
Sharpe Ratio 0.46 -0.34 0.44 0.07 0.33 0.22
Treynor Ratio 10.83 -1.4 11.12 -3.29 25.44 3.27

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