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ETFs

ProShares Investment Grade-Interest Rate Hedged

IGHG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 05 2013
Expense Ratio
0.30%
Type
US Bonds
Fund Owner
ProShares
Volume (1m avg. daily)
$2,457,418
AUM
$366,201,630
Associated Index
Citi Corporate Investment Grade (Treasury Rate-Hedged) Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Derivatives offset
88.51%
n/a
Net Other Assets (Liabilities)
5.09%
n/a
APPLE INC
1.86%
n/a
Gldm Sachs Grp 6.25 % Medium Term Notes 2011-1.2.41 Sr Series D
1.84%
n/a
JPMorgan Chase 5.5 % Notes 2010-15.10.40 Sr
1.75%
MS47
Morgan Stanley - 4.375% NT REDEEM 22/01/2047 USD 1000
1.74%
n/a
IBM 4.25 % Notes 2019-15.05.49 Global
1.48%
n/a
General Electri 6.75 % Medium Term Notes 2002-15.3.32 Global Series A Tranche 528
1.43%
ORCL38
Oracle Corp. - 6.50% NT REDEEM 15/04/2038 USD 2000
1.39%
n/a
VODAFONE GROUP PLC
1.34%
Invest with IGHG

What is IGHG?

ProShares Investment Grade Interest Rate Hedged seeks investment results, before fees and expenses, that track the performance of the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. The Citi Corporate Investment Grade (Treasury Rate-Hedged) Index is a U.S. dollar-denominated index that measures the performance of investment grade corporate debt. The index consists of a long position in investment grade corporate bonds and a duration-matched short position in U.S. Treasury bonds. The investment grade portion of the index offers exposure to the more liquid, cash-pay bonds.

ETFs related toIGHG

ETFs correlated to IGHG include LQDH, RDVI, AVGE

IGHG
ProShares Trust - ProShares Investment Grade-Interest Rate Hedged
LQDH
BlackRock Institutional Trust Company N.A. - iShares Interest Rate Hedged Corporate Bond ETF
RDVI
First Trust Exchange-Traded Fund IV - FT Cboe Vest Rising Dividend Achievers Target Income ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
GFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - February
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
HYGH
BlackRock Institutional Trust Company N.A. - iShares Interest Rate Hedged High Yield Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIGHG

#LVRP

Leveraged S&P 500 Risk Parity

Category

Balance Risk Not Assets

Risk Rating

Aggressive

#IDX

Equity Index Rotation

Category

Getting Started

Risk Rating

Moderate

Create your own algorithmic trading strategy with IGHG using Composer

FAQ

IGHG is a US Bonds ETF. ProShares Investment Grade Interest Rate Hedged seeks investment results, before fees and expenses, that track the performance of the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. The Citi Corporate Investment Grade (Treasury Rate-Hedged) Index is a U.S. dollar-denominated index that measures the performance of investment grade corporate debt. The index consists of a long position in investment grade corporate bonds and a duration-matched short position in U.S. Treasury bonds. The investment grade portion of the index offers exposure to the more liquid, cash-pay bonds.

IGHG tracks the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index.

No, IGHG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IGHG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IGHG is -0.0153%. This is the percent change in the value of IGHG over the most recent 1-month period. The 3-month return on IGHG is 0.0081%. This is the percent change in the value of IGHG over the most recent 3-month period.

The standard deviation of IGHG for the past year is 0.0709%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IGHG include BIV, MINT, and BLV.

ETFs correlated to IGHG include LQDH, RDVI, and AVGE.

ETFs that are inversely correlated to IGHG include SEF, SKF, and FAZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.