About ProShares Short High Yield (SJB)

ProShares Short High Yield (SJB) is an exchange-traded fund that aims to provide short exposure to the high yield bond market. The fund seeks to achieve its investment objective by shorting a basket of high yield corporate bonds. By taking a short position, SJB aims to profit from a decline in the price of these bonds. This inverse strategy is designed to serve as a hedge against potential losses in a high yield bond portfolio, or to profit from a negative outlook on the high yield market.

SJB’s price history reflects its inverse relationship to the high yield bond market. As the price of high yield bonds declines, SJB’s price moves in the opposite direction. Investors can track SJB’s performance and monitor its price movements to gain insights into the overall health of the high yield market. It is important to note that SJB is a short-term trading vehicle and may not be suitable for long-term investors.