PortfolioMetrics

SJB

- ProShares Short High Yield

Key Information

Earliest date2011-03-22
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderProshare Advisors LLC
IndexiBoxx $ Liquid High Yield Index (-100%)
Expense Ratio0.95%
Number Of Holdings4
Inception Date2011-03-21
Asset ClassBonds
CurrencyUSD
ListingUS-listed
SectorFinancials
Bond TypeHigh Yield Bonds
Non-leveragedLeveraged

About SJB

The ProShares Short High Yield ETF provides daily inverse exposure to the iBoxx $ Liquid High Yield Index, allowing investors to bet against the performance of junk bonds in the US market. This fund is designed for tactical investors seeking to hedge against potential downturns in the high-yield bond sector, rather than for long-term portfolio building.