UJB vs. HYGI ETF Comparison
Comparison of ProShares Ultra High Yield ETF (UJB) to iShares Inflation Hedged High Yield Bond ETF (HYGI)
UJB
ProShares Ultra High Yield ETF
UJB Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Markit iBoxx $ Liquid High Yield Index. The fund invests in exchange-traded funds and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a modified market-value weighted index designed to provide a balanced representation of U.S. dollar-denominated high yield corporate bonds for sale within the United States. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$72.89
Average Daily Volume
9,686
1
HYGI
iShares Inflation Hedged High Yield Bond ETF
HYGI Description
The underlying index is designed to minimize the inflation risk of a portfolio composed of U.S. dollar-denominated, high yield corporate bonds. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in component securities and instruments in the fund"s underlying index. It is non-diversified.Grade (RS Rating)
Last Trade
$26.69
Average Daily Volume
287
1
Performance
Period | UJB | HYGI |
---|---|---|
30 Days | -2.34% | -0.48% |
60 Days | 0.40% | 0.80% |
90 Days | 3.83% | 2.32% |
12 Months | 21.23% | 11.44% |
1 Overlapping Holdings
Symbol | Grade | Weight in UJB | Weight in HYGI | Overlap | |
---|---|---|---|---|---|
HYG | A | 8.69% | 95.38% | 8.69% |
UJB Overweight 0 Positions Relative to HYGI
Symbol | Grade | Weight |
---|
UJB Underweight 0 Positions Relative to HYGI
Symbol | Grade | Weight |
---|
UJB: Top Represented Industries & Keywords
HYGI: Top Represented Industries & Keywords