Proshares Investment Gradeinterest Etf Profile

IGHG Etf  USD 77.75  0.12  0.15%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
ProShares Investment is trading at 77.75 as of the 28th of November 2024. This is a 0.15 percent increase since the beginning of the trading day. The etf's lowest day price was 77.36. ProShares Investment has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat 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 30th of August 2024 and ending today, the 28th 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

Moving together with ProShares Etf

  0.87RISR FolioBeyond Rising RatesPairCorr
  0.94RINF ProShares InflationPairCorr

Moving against ProShares Etf

  0.81SSFI Strategy SharesPairCorr
  0.61AIVI WisdomTree InternationalPairCorr
  0.54UCON First Trust TCWPairCorr
  0.54WTRE WisdomTree New EconomyPairCorr
  0.35OBND SSGA Active TrustPairCorr

ProShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCorporate ETFs, Investment Grade ETFs, Nontraditional Bond, ProShares (View all Sectors)
IssuerProShares
Inception Date2013-11-05
BenchmarkFTSE Corporate Investment Grade (Treasury Rate-Hedged) Index
Entity TypeRegulated Investment Company
Asset Under Management235.5 Million
Average Trading Valume17,267.5
Asset TypeFixed Income
CategoryCorporate
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionGlobal
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerJeffrey Ploshnick, Benjamin McAbee
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Mar
ExchangeCboe BZX Exchange, Inc.
Number of Constituents224
Market MakerSusquehanna
Total Expense0.3
Management Fee0.3
Country NameUSA
Returns Y T D7.53
NameProShares Investment GradeInterest Rate Hedged
Currency CodeUSD
Open FigiBBG005JYLX61
In Threey Volatility4.78
1y Volatility3.28
200 Day M A76.6833
50 Day M A77.577
CodeIGHG
Updated At27th of November 2024
Currency NameUS 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 6.1%.
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 2261.25194%
Ultra US Treasury Bond Future Sept 225.71697%
10 Year Treasury Note Future Sept 2228.389%

ProShares Investment Top Holders

EARAXEaton Vance RichardMutual FundTactical Allocation
GIARXGuidepath Absolute ReturnMutual FundShort-Term Bond
ECRAXEaton Vance RichardMutual FundTactical Allocation
GPARXGuidepath Absolute ReturnMutual FundShort-Term Bond
EIRAXEaton Vance RichardMutual FundTactical Allocation
SUMCXConservative Balanced AllocationMutual FundAllocation--30% to 50% Equity
SQBCXInvestment Quality BondMutual FundShort-Term Bond
SQBAXInvestment Quality BondMutual FundShort-Term Bond
More Details

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.

ProShares Investment Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. ProShares Investment Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe ProShares Investment price patterns.

ProShares Investment Against Markets

When determining whether ProShares Investment is a strong investment it is important to analyze ProShares Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Investment's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.