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ProShares Investment Grade-Interest Rate Hedged (IGHG)

ETF · Currency in USD · Last updated May 21, 2022

IGHG is a passive ETF by ProShares tracking the investment results of the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. IGHG launched on Nov 5, 2013 and has a 0.30% expense ratio.

ETF Info

  • ISINUS74347B6074
  • CUSIP74347B607
  • IssuerProShares
  • Inception DateNov 5, 2013
  • RegionDeveloped Markets (Broad)
  • CategoryCorporate Bonds
  • Expense Ratio0.30%
  • Index TrackedCiti Corporate Investment Grade (Treasury Rate-Hedged) Index
  • ETF Home Pagewww.proshares.com
  • Asset ClassBond

Trading Data

  • Previous Close$69.64
  • Year Range$69.12 - $75.03
  • EMA (50)$70.96
  • EMA (200)$72.48
  • Average Volume$117.18K

IGHGShare Price Chart


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IGHGPerformance

The chart shows the growth of $10,000 invested in ProShares Investment Grade-Interest Rate Hedged on Nov 8, 2013 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,531 for a total return of roughly 15.31%. All prices are adjusted for splits and dividends.


IGHG (ProShares Investment Grade-Interest Rate Hedged)
Benchmark (^GSPC)

IGHGReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-2.59%-12.57%
YTD-5.44%-18.14%
6M-5.73%-17.07%
1Y-6.09%-5.21%
5Y1.53%10.37%
10Y1.69%9.90%

IGHGMonthly Returns Heatmap


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IGHGSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current ProShares Investment Grade-Interest Rate Hedged Sharpe ratio is -1.16. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


IGHG (ProShares Investment Grade-Interest Rate Hedged)
Benchmark (^GSPC)

IGHGDividend History

ProShares Investment Grade-Interest Rate Hedged granted a 2.79% dividend yield in the last twelve months, as of May 21, 2022. The annual payout for that period amounted to $1.94 per share.


PeriodTTM202120202019201820172016201520142013
Dividend$1.94$1.86$2.10$2.69$2.93$2.59$2.57$2.67$2.77$0.45

Dividend yield

2.79%2.52%2.88%3.71%4.56%3.87%4.01%4.49%4.57%0.73%

IGHGDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


IGHG (ProShares Investment Grade-Interest Rate Hedged)
Benchmark (^GSPC)

IGHGWorst Drawdowns

The table below shows the maximum drawdowns of the ProShares Investment Grade-Interest Rate Hedged. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the ProShares Investment Grade-Interest Rate Hedged is 25.16%, recorded on Mar 20, 2020. It took 177 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-25.16%Jan 23, 202041Mar 20, 2020177Dec 1, 2020218
-11.69%Jun 20, 2014418Feb 17, 2016205Dec 7, 2016623
-7.88%Sep 30, 2021109Mar 7, 2022
-7.15%Feb 2, 2018231Jan 3, 201969Apr 12, 2019300
-2.62%Jul 29, 201914Aug 15, 201949Oct 24, 201963
-2.37%Apr 23, 201929Jun 3, 201914Jun 21, 201943
-1.86%Jan 6, 201420Feb 3, 201418Feb 28, 201438
-1.78%Jun 28, 202138Aug 19, 202126Sep 27, 202164
-1.61%Apr 1, 202113Apr 20, 202140Jun 16, 202153
-1.48%Apr 10, 20144Apr 15, 201445Jun 19, 201449

IGHGVolatility Chart

Current ProShares Investment Grade-Interest Rate Hedged volatility is 4.82%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


IGHG (ProShares Investment Grade-Interest Rate Hedged)
Benchmark (^GSPC)

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