High Yield—Interest Rate Hedged - HYHG High Yield—Interest Rate Hedged

ProShares High Yield—Interest Rate Hedged seeks investment results, before fees and expenses, that track the performance of the FTSE High Yield (Treasury Rate-Hedged) Index.

  • Provides the return potential of a diversified portfolio of high-yield corporate bonds
  • Targets zero interest rate risk by including a built-in hedge against rising rates that uses short positions in U.S. Treasury futures
  • Offers even less interest rate sensitivity than short-term bonds by targeting a duration of zero

Month-End Total Returns as of 5/31/19

  1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr Inception† Inception Date Exp. Ratio Net Exp.1
NAV -2.79% -1.06% 1.23% 5.88% 2.50% 5.87% 1.51% -- 1.94% 5/21/13 0.50% 0.50%
Market Price -3.03% -1.16% 1.00% 5.73% 2.29% 5.77% 1.40% -- 1.92% 5/21/13 0.50% 0.50%

Quarter-End Total Returns as of 3/31/19

  1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr Inception† Inception Date Exp. Ratio Net Exp.1
NAV 0.08% 7.09% -0.51% 7.09% 4.73% 7.71% 1.74% -- 2.19% 5/21/13 0.50% 0.50%
Market Price 0.31% 7.29% -0.65% 7.29% 4.85% 7.71% 1.67% -- 2.23% 5/21/13 0.50% 0.50%

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see Performance.

HYHG Performance Chart

HYHG Performance Chart

Chart data from Thomson Reuters. Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded. Data is delayed at least 15 minutes.

† Since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

1 The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please view the Overview tab above.