UJB vs. HYGW ETF Comparison
Comparison of ProShares Ultra High Yield ETF (UJB) to iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW)
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
HYGW
iShares High Yield Corporate Bond BuyWrite Strategy ETF
HYGW Description
iShares High Yield Corporate Bond BuyWrite Strategy ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in fixed income markets of global developed region. The fund invests through derivatives in high yield corporate bonds. It employs long/short strategy and uses derivatives such as options to create its portfolio. The fund seeks to track the performance of the Cboe HYG BuyWrite Index, by using representative sampling technique. iShares High Yield Corporate Bond BuyWrite Strategy ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$32.24
Average Daily Volume
89,449
1
Performance
Period | UJB | HYGW |
---|---|---|
30 Days | -2.34% | -0.34% |
60 Days | 0.40% | -0.60% |
90 Days | 3.83% | 0.47% |
12 Months | 21.23% | 4.28% |
1 Overlapping Holdings
Symbol | Grade | Weight in UJB | Weight in HYGW | Overlap | |
---|---|---|---|---|---|
HYG | A | 8.69% | 99.72% | 8.69% |
UJB Overweight 0 Positions Relative to HYGW
Symbol | Grade | Weight |
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UJB Underweight 0 Positions Relative to HYGW
Symbol | Grade | Weight |
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UJB: Top Represented Industries & Keywords
HYGW: Top Represented Industries & Keywords