Key stats
About ProShares Short High Yield
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Inception date
Mar 21, 2011
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
SJB offers a bet against high-yield bonds. The fund delivers the inverse (-1x) of daily returns of a high-yield USD-denominated bond index that comprises issues ranging between 3 and 15 years to maturity. However, the daily reset will prevent the inverse relationship from holding true for more than one day. As a levered product with -1x factor that resets daily, SJB is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one-day period. Over longer periods, returns can vary significantly from -1x exposure to its underlying index. Holding it for a period longer will introduce the effects of compounding, even if this is less pronounced in a non-leveraged product.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Cash
Bonds, Cash & Other100.00%
Government59.69%
Cash40.31%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SJB last dividends amounted to 0.10 USD. The quarter before, the issuer paid 0.34 USD in dividends, which shows a 256.75% decrease.
SJB assets under management is 100.38 M USD. It's fallen 29.20% over the last month.
SJB fund flows account for 8.07 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SJB pays dividends to its holders with the dividend yield of 5.52%. The last dividend (Apr 1, 2025) amounted to 0.10 USD. The dividends are paid quarterly.
SJB shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Mar 21, 2011, and its management style is Passive.
SJB expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
SJB follows the iBoxx USD Liquid High Yield Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SJB invests in bonds.
SJB price has fallen by −1.00% over the last month, and its yearly performance shows a −7.11% decrease. See more dynamics on SJB price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.86% over the last month, showed a 0.04% increase in three-month performance and has decreased by −2.28% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.86% over the last month, showed a 0.04% increase in three-month performance and has decreased by −2.28% in a year.
SJB trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.