PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ProShares Short High Yield (SJB)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347R1317

CUSIP

74347R131

Issuer

ProShares

Inception Date

Mar 21, 2011

Region

North America (U.S.)

Leveraged

1x

Index Tracked

iBoxx $ Liquid High Yield Index (-100%)

Asset Class

Bond

Expense Ratio

SJB has a high expense ratio of 0.95%, indicating higher-than-average management fees.


Expense ratio chart for SJB: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SJB vs. VOO SJB vs. SJNK SJB vs. SPY SJB vs. TLT SJB vs. TAIL SJB vs. SIXH
Popular comparisons:
SJB vs. VOO SJB vs. SJNK SJB vs. SPY SJB vs. TLT SJB vs. TAIL SJB vs. SIXH

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares Short High Yield, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%SeptemberOctoberNovemberDecember2025February
-0.04%
8.57%
SJB (ProShares Short High Yield)
Benchmark (^GSPC)

Returns By Period

ProShares Short High Yield had a return of -0.99% year-to-date (YTD) and -2.72% in the last 12 months. Over the past 10 years, ProShares Short High Yield had an annualized return of -4.04%, while the S&P 500 had an annualized return of 11.26%, indicating that ProShares Short High Yield did not perform as well as the benchmark.


SJB

YTD

-0.99%

1M

-0.06%

6M

-0.61%

1Y

-2.72%

5Y*

-2.79%

10Y*

-4.04%

^GSPC (Benchmark)

YTD

4.01%

1M

1.13%

6M

9.82%

1Y

22.80%

5Y*

12.93%

10Y*

11.26%

*Annualized

Monthly Returns

The table below presents the monthly returns of SJB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-0.80%-0.99%
20240.29%0.29%-0.43%1.46%-0.58%-0.42%-1.24%-1.14%-0.89%1.61%-1.12%1.39%-0.84%
2023-3.26%2.23%-1.76%0.22%1.74%-1.24%-0.76%0.38%2.07%1.68%-4.21%-2.60%-5.64%
20222.40%0.62%0.84%4.09%-2.07%7.10%-6.58%4.28%3.95%-3.45%-3.11%1.97%9.57%
20210.32%-0.11%-1.39%-0.87%-0.38%-1.59%-0.45%-0.84%0.11%-0.11%0.96%-2.51%-6.69%
20200.63%1.30%9.21%-5.72%-3.33%0.19%-5.12%-0.20%0.66%-0.63%-3.53%-2.28%-9.23%
2019-4.46%-1.20%-1.17%-0.75%1.98%-2.96%0.00%-0.51%-0.52%-0.05%-0.52%-1.75%-11.42%
2018-0.13%0.95%0.32%-0.56%0.09%-0.18%-1.59%-0.61%-0.45%2.07%0.52%2.08%2.47%
2017-0.85%-1.65%0.06%-0.87%-0.97%-0.30%-1.04%-0.11%-0.60%-0.11%0.32%-0.22%-6.17%
20161.29%-1.72%-2.77%-3.14%-0.26%-2.09%-1.21%-2.33%-1.19%0.92%-0.38%-2.01%-14.00%
2015-0.86%-2.52%0.70%-0.88%-0.44%1.70%0.12%1.42%2.88%-3.64%2.47%1.60%2.36%
20140.11%-2.79%-0.52%-0.46%-1.31%-1.08%2.65%-2.54%1.45%-1.48%1.11%0.36%-4.56%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SJB is 3, meaning it’s performing worse than 97% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SJB is 33
Overall Rank
The Sharpe Ratio Rank of SJB is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of SJB is 22
Sortino Ratio Rank
The Omega Ratio Rank of SJB is 22
Omega Ratio Rank
The Calmar Ratio Rank of SJB is 66
Calmar Ratio Rank
The Martin Ratio Rank of SJB is 33
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ProShares Short High Yield (SJB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SJB, currently valued at -0.65, compared to the broader market0.002.004.00-0.651.74
The chart of Sortino ratio for SJB, currently valued at -0.92, compared to the broader market-2.000.002.004.006.008.0010.0012.00-0.922.36
The chart of Omega ratio for SJB, currently valued at 0.90, compared to the broader market0.501.001.502.002.503.000.901.32
The chart of Calmar ratio for SJB, currently valued at -0.05, compared to the broader market0.005.0010.0015.00-0.052.62
The chart of Martin ratio for SJB, currently valued at -0.86, compared to the broader market0.0020.0040.0060.0080.00100.00-0.8610.69
SJB
^GSPC

The current ProShares Short High Yield Sharpe ratio is -0.65. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of ProShares Short High Yield with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.003.00SeptemberOctoberNovemberDecember2025February
-0.65
1.74
SJB (ProShares Short High Yield)
Benchmark (^GSPC)

Dividends

Dividend History

ProShares Short High Yield provided a 5.92% dividend yield over the last twelve months, with an annual payout of $0.95 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%$0.00$0.20$0.40$0.60$0.80$1.002018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018
Dividend$0.95$0.95$0.71$0.09$0.00$0.01$0.26$0.17

Dividend yield

5.92%5.86%4.10%0.46%0.00%0.07%1.27%0.72%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares Short High Yield. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00
2024$0.00$0.00$0.17$0.00$0.00$0.24$0.00$0.00$0.20$0.00$0.00$0.34$0.95
2023$0.00$0.00$0.10$0.00$0.00$0.17$0.00$0.00$0.18$0.00$0.00$0.26$0.71
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09$0.09
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01
2019$0.00$0.00$0.06$0.00$0.00$0.08$0.00$0.00$0.07$0.00$0.00$0.06$0.26
2018$0.01$0.00$0.00$0.04$0.00$0.00$0.05$0.00$0.00$0.07$0.17

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%SeptemberOctoberNovemberDecember2025February
-57.33%
-0.43%
SJB (ProShares Short High Yield)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Short High Yield. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ProShares Short High Yield was 58.06%, occurring on Dec 28, 2021. The portfolio has not yet recovered.

The current ProShares Short High Yield drawdown is 57.33%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-58.06%Oct 5, 20112575Dec 28, 2021
-6.29%Aug 9, 201117Aug 31, 201122Oct 3, 201139
-5.33%Jun 17, 201125Jul 22, 201111Aug 8, 201136
-2.68%Mar 24, 201141May 20, 201115Jun 13, 201156
-0.67%Jun 14, 20111Jun 14, 20112Jun 16, 20113

Volatility

Volatility Chart

The current ProShares Short High Yield volatility is 0.90%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025February
0.90%
3.01%
SJB (ProShares Short High Yield)
Benchmark (^GSPC)
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2025 PortfoliosLab