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Upturn AI SWOT - About
ProShares Short High Yield (SJB)
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Upturn Advisory Summary
09/16/2025: SJB (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -6.25% | Avg. Invested days 41 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/16/2025 |
Key Highlights
Volume (30-day avg) - | Beta -0.92 | 52 Weeks Range 15.54 - 16.78 | Updated Date 06/30/2025 |
52 Weeks Range 15.54 - 16.78 | Updated Date 06/30/2025 |
Upturn AI SWOT
ProShares Short High Yield
ETF Overview
Overview
The ProShares Short High Yield ETF (SJB) seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Markit iBoxx USD High Yield Index. It offers a way to profit from declines in the high-yield bond market.
Reputation and Reliability
ProShares is a well-known issuer with a solid track record of providing leveraged and inverse ETFs.
Management Expertise
ProShares has a dedicated team experienced in managing complex ETFs, including inverse and leveraged products.
Investment Objective
Goal
To provide daily investment results that correspond to the inverse (-1x) of the daily performance of the Markit iBoxx USD High Yield Index.
Investment Approach and Strategy
Strategy: The ETF employs a strategy of using financial instruments such as swap agreements to achieve its inverse objective.
Composition The ETF primarily uses derivatives such as swap agreements to achieve its inverse exposure to the Markit iBoxx USD High Yield Index.
Market Position
Market Share: SJB holds a small market share within the inverse high yield bond ETF segment.
Total Net Assets (AUM): 37030000
Competitors
Key Competitors
- ISHG
- HYG
- JNK
- ANGL
Competitive Landscape
The inverse high yield bond ETF market is relatively small. SJB offers a way to profit from declines in high yield bonds, but its leveraged nature and tracking error can be disadvantages. Competitors like HYG and JNK offer direct exposure to high-yield bonds and have much larger AUM.
Financial Performance
Historical Performance: Historical performance is highly dependent on the performance of the high-yield bond market and is designed to be the inverse of that benchmark.
Benchmark Comparison: The ETF's performance should be the inverse of the Markit iBoxx USD High Yield Index on a daily basis, before fees and expenses.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
The average trading volume of SJB is moderate, indicating sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is generally tight, but can widen during periods of market volatility.
Market Dynamics
Market Environment Factors
Economic conditions, interest rate changes, credit spreads, and overall market sentiment towards risk all impact the performance of SJB.
Growth Trajectory
The growth trajectory of SJB is largely dependent on the outlook for the high-yield bond market and investor appetite for inverse ETFs.
Moat and Competitive Advantages
Competitive Edge
SJB's competitive advantage lies in its ability to provide inverse exposure to the high-yield bond market, which is difficult to replicate for some investors. The inverse nature of the ETF differentiates it from standard high-yield bond ETFs, catering to investors seeking short-term hedging or speculative opportunities. ProShares also has a strong reputation for delivering this type of product.
Risk Analysis
Volatility
SJB is expected to be highly volatile due to its inverse nature and the inherent volatility of the high-yield bond market.
Market Risk
SJB is exposed to the risk of the high-yield bond market, including credit risk, interest rate risk, and liquidity risk.
Investor Profile
Ideal Investor Profile
SJB is suitable for sophisticated investors with a high-risk tolerance who are seeking short-term inverse exposure to the high-yield bond market.
Market Risk
SJB is best suited for active traders who closely monitor the high-yield bond market and have a strong understanding of inverse ETFs; it is not suitable for long-term investors.
Summary
ProShares Short High Yield (SJB) is an inverse ETF designed to provide daily investment results that correspond to the inverse of the Markit iBoxx USD High Yield Index. This ETF offers a tool for investors to profit from a potential downturn in the high-yield bond market. However, it is important to recognize the high volatility and risk associated with inverse ETFs, making it best suited for experienced traders with a short-term outlook. Due to compounding effects, the daily reset can cause substantial performance drift over longer time horizons. SJB should not be considered a long-term investment.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ProShares
- ETF.com
- Morningstar
Disclaimers:
This data is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investing in ETFs involves risk, including the potential loss of principal.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares Short High Yield
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is a market-value weighted index designed to provide a balanced representation of U.S. dollar denominated high yield corporate bonds for sale within the U.S. by means of including the most liquid high yield corporate bonds available as determined by a set of transparent and objective index rules. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.