ProShares High Yield-Interest Rate Hedged ETF (HYHG)
| Assets | $163.40M |
| Expense Ratio | 0.50% |
| PE Ratio | n/a |
| Shares Out | 2.53M |
| Dividend (ttm) | $4.46 |
| Dividend Yield | 6.89% |
| Ex-Dividend Date | Jul 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 8,082 |
| Open | 64.71 |
| Previous Close | 64.50 |
| Day's Range | 64.47 - 64.98 |
| 52-Week Low | 59.66 |
| 52-Week High | 66.96 |
| Beta | 0.29 |
| Holdings | 231 |
| Inception Date | May 21, 2013 |
About HYHG
Fund Home PageThe ProShares High Yield-Interest Rate Hedged ETF (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys. HYHG was launched on May 21, 2013 and is issued by ProShares.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2025 | $0.39219 | Jul 8, 2025 |
| Jun 2, 2025 | $0.37142 | Jun 6, 2025 |
| May 1, 2025 | $0.3879 | May 7, 2025 |
| Apr 1, 2025 | $0.38024 | Apr 7, 2025 |
| Mar 3, 2025 | $0.37301 | Mar 7, 2025 |
| Feb 3, 2025 | $0.36637 | Feb 7, 2025 |
Performance
HYHG had a total return of 8.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.04%.
News
These ETFs can be your insurance against Fed hikes and rising rates
“Rate-hedged” bond funds can make money when interest rates rise and bond prices fall.
HYHG: The Time Has Passed For Interest Rate Hedging High-Yield Bonds
ProShares High Yield—Interest Rate Hedged ETF effectively neutralizes interest rate risk in bond investing. The HYHG ETF combines high-yield bonds with an interest rate hedge, resulting in consistent ...
HYHG: Sell It On Lower Rates In 2024
ProShares High Yield-Interest Rate Hedged ETF is a fixed-income ETF that hedges against rising interest rates. HYHG has outperformed other high-yield bond ETFs due to its elimination of the negative i...
HYHG: Wait To Buy This High Yield Credit Spread ETF
The ProShares High Yield-Interest Rate Hedged ETF provides exposure to an interest-rate hedged portfolio of high yield bonds. The HYHG ETF has delivered strong near-term performance but long-term retu...
Interest Rates & Inflation And Its Effects On The ETF Space With ProShares (Podcast Transcript)
ProShares thoughts and outlooks on inflation and interest rates. Learn how to hedge against inflation and rising rates with (EQRR), (IGHG), (HYHG), (RINF).