IGHG ETF

ProShares Investment Grade—Interest Rate Hedged ETF provides a way to protect against increasing interest rates while also offering the potential for greater returns. IGHG invests in a variety of high-quality corporate bonds and uses short positions in Treasury futures to manage interest rate exposure. While IGHG can help diversify a portfolio and potentially increase yields, it does not eliminate credit risk and may not perfectly hedge against interest rate changes.

The ProShares Investment Grade—Interest Rate Hedged ETF is a fixed-income ETF that seeks to track the performance of the FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index. IGHG has performed well in a rising rate environment, with only a small decline in 2022 and a significant increase in 2023. The fund hedges its duration component through short Treasury futures positions, but this strategy only produces positive results in a rising rates environment.