(HYHG) ProShares High - Ratings and Ratios
Bonds, High-Yield, Index
Dividends
| Dividend Yield | 6.95% |
| Yield on Cost 5y | 9.69% |
| Yield CAGR 5y | 7.42% |
| Payout Consistency | 95.1% |
| Payout Ratio | - |
| Risk via 5d forecast | |
|---|---|
| Volatility | 5.03% |
| Value at Risk 5%th | 7.54% |
| Relative Tail Risk | -8.83% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.06 |
| Alpha | -2.28 |
| CAGR/Max DD | 1.35 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.366 |
| Beta | 0.301 |
| Beta Downside | 0.355 |
| Drawdowns 3y | |
|---|---|
| Max DD | 7.47% |
| Mean DD | 0.93% |
| Median DD | 0.42% |
Description: HYHG ProShares High November 14, 2025
ProShares High Yield-Interest Rate Hedged (BATS: HYHG) is an ETF that seeks to replicate the performance of a high-yield debt index covering U.S. and Canadian issuers. In practice, the manager aims to allocate at least 80 % of assets to the underlying high-yield bonds that compose the index, while employing interest-rate hedges to mitigate the impact of rising rates on total return.
Key market metrics that investors typically monitor for a fund like HYHG include its weighted-average coupon (currently around 7-8 %), effective duration (≈ 3 years, reflecting the hedge’s shortening effect), and the spread to Treasuries (which has narrowed by roughly 30 bps over the past six months, signaling improving credit conditions). The primary economic drivers are U.S. monetary policy, corporate earnings trends in the energy and consumer discretionary sectors, and the health of the leveraged loan market, all of which influence default rates and spread dynamics in the high-yield space.
For a deeper, data-driven view of how HYHG’s risk-adjusted performance stacks up against peers, you might explore the fund’s analytics on ValueRay, where granular factor breakdowns can help you test your investment thesis.
What is the price of HYHG shares?
Over the past week, the price has changed by -0.07%, over one month by +1.17%, over three months by +0.92% and over the past year by +4.75%.
Is HYHG a buy, sell or hold?
What are the forecasts/targets for the HYHG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 74.5 | 15.9% |
HYHG Fundamental Data Overview December 09, 2025
Beta = 0.02
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 169.1m USD (169.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 169.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 169.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.13% (E(169.1m)/V(169.1m) * Re(7.13%) + (debt-free company))
Discount Rate = 7.13% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for HYHG ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle