SJB:ARCA-ProShares Short High Yield (USD)

ETF | Trading--Inverse Debt | NYSE Arca

Last Closing

USD 17.35

Change

+0.05 (+0.29)%

Market Cap

USD 0.27B

Volume

0.05M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Markit iBoxx $ Liquid High Yield Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of 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 by means of including the most liquid high yield corporate bonds available as determined by the index provider. The fund is non-diversified.

Inception Date: 21/03/2011

Primary Benchmark: Markit iBoxx Liquid High Yield TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.98%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-30 )

Largest Industry Peers for Trading--Inverse Debt

Symbol Name Mer Price(Change) Market Cap
TBT ProShares UltraShort 20+ Year .. 0.90 %

-0.24 (-0.71%)

USD 0.28B
TBF ProShares Short 20+ Year Treas.. 0.92 %

-0.09 (-0.38%)

USD 0.08B
TTT ProShares UltraPro Short 20+ Y.. 0.95 %

-0.70 (-0.97%)

USD 0.03B
PST ProShares UltraShort 7-10 Year.. 0.95 %

+0.06 (+0.26%)

USD 0.02B
TBX ProShares Short 7-10 Year Trea.. 0.95 %

+0.04 (+0.13%)

N/A
TMV Direxion Daily 20+ Year Treasu.. 0.99 %

-0.37 (-1.06%)

N/A
TYO Direxion Daily 7-10 Year Treas.. 1.05 %

+0.06 (+0.43%)

N/A

ETFs Containing SJB

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Debt) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.64% 13% F 51% F
Dividend Return 0.96% 57% F 47% F
Total Return 1.60% 13% F 50% F
Trailing 12 Months  
Capital Gain -6.32% 13% F 22% F
Dividend Return 4.17% 25% F 61% D-
Total Return -2.15% 13% F 23% F
Trailing 5 Years  
Capital Gain -20.27% 13% F 26% F
Dividend Return 5.36% 25% F 18% F
Total Return -14.91% 13% F 18% F
Average Annual (5 Year Horizon)  
Capital Gain -3.96% 13% F 23% F
Dividend Return -3.16% 13% F 15% F
Total Return 0.81% 38% F 20% F
Risk Return Profile  
Volatility (Standard Deviation) 6.99% 100% F 88% B+
Risk Adjusted Return -45.13% 13% F 8% B-
Market Capitalization 0.27B 75% C 25% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.