Proshares Investment Gradeinterest Etf Profile
| IGHG Etf | USD 77.89 0.31 0.40% |
Performance10 of 100
| Odds Of DistressLess than 9
|
ProShares Investment is trading at 77.89 as of the 22nd of November 2024. This is a 0.4 percent decrease since the beginning of the trading day. The etf's lowest day price was 77.63. ProShares Investment has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for ProShares Investment GradeInterest are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
The index is comprised of long positions in USD-denominated investment grade corporate bonds issued by both U.S. and foreign domiciled companies and short positions in U.S. Investment Grade-Interest is traded on BATS Exchange in the United States. More on ProShares Investment GradeInterest
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ProShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Corporate ETFs, Investment Grade ETFs, Nontraditional Bond, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2013-11-05 |
| Benchmark | FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 233.72 Million |
| Average Trading Valume | 17,255.1 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | Global |
| Administrator | J.P. Morgan Investor Services Co. |
| Advisor | ProShare Advisors LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Jeffrey Ploshnick, Benjamin McAbee |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 221 |
| Market Maker | Susquehanna |
| Total Expense | 0.3 |
| Management Fee | 0.3 |
| Country Name | USA |
| Returns Y T D | 8.32 |
| Name | ProShares Investment GradeInterest Rate Hedged |
| Currency Code | USD |
| Open Figi | BBG005JYLX61 |
| In Threey Volatility | 4.78 |
| 1y Volatility | 3.28 |
| 200 Day M A | 76.645 |
| 50 Day M A | 77.4304 |
| Code | IGHG |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
ProShares Investment GradeInterest [IGHG] is traded in USA and was established 2013-11-05. The fund is listed under Nontraditional Bond category and is part of ProShares family. The entity is thematically classified as Corporate ETFs. ProShares Investment currently have 401.48 M in assets under management (AUM). , while the total return for the last 3 years was 6.0%.
Check ProShares Investment Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Investment GradeInterest Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top ProShares Investment GradeInterest Etf Constituents
| US Treasury Bond Future Sept 22 | 61.25194% |
| Ultra US Treasury Bond Future Sept 22 | 5.71697% |
| 10 Year Treasury Note Future Sept 22 | 28.389% |
ProShares Investment Top Holders
| EARAX | Eaton Vance Richard | Mutual Fund | Tactical Allocation | |
| GIARX | Guidepath Absolute Return | Mutual Fund | Short-Term Bond | |
| ECRAX | Eaton Vance Richard | Mutual Fund | Tactical Allocation | |
| GPARX | Guidepath Absolute Return | Mutual Fund | Short-Term Bond | |
| EIRAX | Eaton Vance Richard | Mutual Fund | Tactical Allocation | |
| SUMCX | Conservative Balanced Allocation | Mutual Fund | Allocation--30% to 50% Equity | |
| SQBCX | Investment Quality Bond | Mutual Fund | Short-Term Bond | |
| SQBAX | Investment Quality Bond | Mutual Fund | Short-Term Bond |
ProShares Investment Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Investment. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1189 | |||
| Jensen Alpha | 0.0366 | |||
| Total Risk Alpha | 0.0112 | |||
| Sortino Ratio | (0.08) |
ProShares Investment Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Investment GradeInterest. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of ProShares Investment is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Investment's value that differs from its market value or its book value, called intrinsic value, which is ProShares Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Investment's market value can be influenced by many factors that don't directly affect ProShares Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.