SJB
ProShares Short High Yield
📎 Investment Objective
The SJB ETF seeks to provide inverse exposure to the high yield bond market, allowing investors to potentially profit from a decline in high yield bond prices.
Overview
ETF tracking ProShares Short High Yield
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SJB ETF seeks to provide inverse exposure to the high yield bond market, allowing investors to potentially profit from a decline in high yield bond prices.
🎯 Investment Strategy
The fund uses short positions and derivatives to track the inverse performance of the Markit iBoxx USD Liquid High Yield Index, which represents the U.S. high yield corporate bond market.
✨ Key Features
- Provides inverse exposure to the high yield bond market
- Seeks to profit when high yield bond prices decline
- Utilizes short positions and derivatives to achieve its objective
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Inverse and leveraged exposure can magnify losses in a rising high yield bond market
- Derivative instruments used may not perfectly track the target index
- Liquidity risk due to low assets under management
- Potential for increased volatility compared to the underlying high yield bond market
👤 Best For
The SJB ETF is best suited for experienced investors seeking to hedge or speculate against the high yield bond market. It may not be appropriate for conservative or long-term investors due to its inverse and potentially volatile nature.
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