ProShares Short High Yield ETF (SJB US) - Investment Proposition
ETF Strategy·2026-01-18 12:22
ProShares Short High Yield ETF (SJB US) – Investment PropositionProShares Short High Yield ETF (SJB) delivers inverse daily exposure to U.S. high-yield corporate bond performance, enabling investors to position against credit-spread tightening or to hedge existing below-investment-grade exposure. The strategy obtains short credit beta through derivatives referencing diversified high-yield benchmarks, collateralized by cash and treasuries, with a daily rebalance to target inverse sensitivity. This constructi ...