ATLASProShares Investment Grade-Interest Rate Hedged ETF (IGHG): outlook, holdings and fees
ProShares Investment Grade-Interest Rate Hedged ETF (IGHG) is an exchange-traded fund and is managed by ProShares. The expense ratio is 0.31% and the yield is 5.15%. The ten largest holdings are 96% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on IGHG
| Last price | $77.35 (-0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 73% |
| Likely 1-month range (50%) | $77.30 – $78.30 |
| Normal 1-day range (±1σ) | ±0.2% |
| Distribution yield | 5.15% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
IGHG fund facts
| Issuer | ProShares |
|---|---|
| Theme | Corporate bonds |
| Assets under management | $393M |
| Expense ratio | 0.31% |
| Number of holdings | 3 |
| Portfolio turnover | 144% |
| Inception | Nov 5, 2013 |
| Exchange | CBOE |
The index is designed to measure the performance of investment grade corporate debt. The index measures the performance of two positions: (1) a long position in investment-grade corporate bonds; and (2) a duration-matched short position in U.S. Treasury bonds. It will invest at least 80% of its total assets in component securities and invest at least 80% of its total assets in investment grade bonds.
IGHG top holdings
| Holding | Sector | Weight |
|---|---|---|
| US Treasury Bond Future Sept 22 ZBU22 | – | 62.53% |
| 10 Year Treasury Note Future Sept 22 ZNU22 | – | 27.61% |
| Ultra US Treasury Bond Future Sept 22 UBU22 | – | 5.56% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
IGHG returns and risk
| Year to date | +3.0% |
|---|---|
| 1 year | +3.6% |
| 3 years (annualised) | +7.1% |
| 5 years (annualised) | +5.6% |
| 10 years (annualised) | +4.5% |
| Volatility (3 years) | 2.7% |
| Sharpe ratio (3 years) | 0.80 |
Past returns do not guarantee future results.
IGHG: frequently asked questions
What does IGHG invest in?
ProShares Investment Grade-Interest Rate Hedged ETF invests in a portfolio of securities. Its largest holdings are US Treasury Bond Future Sept 22 (62.5%), 10 Year Treasury Note Future Sept 22 (27.6%), Ultra US Treasury Bond Future Sept 22 (5.6%).
What is the IGHG expense ratio?
0.31% a year: about $31.00 for every $10,000 invested.
What is the IGHG dividend yield?
5.15%. ATLAS does not hold the exact distribution dates for ETFs.
Will IGHG go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 73%, with a likely range (50%) of $77.30 to $78.30 from $77.35 today. It is a probability, not a prediction.
How has IGHG performed?
Year to date +3.0%, one year +3.6%, three years +7.1% a year, five years +5.6% a year. Past returns do not guarantee future results.
Similar ETFs: Corporate bonds
- Vanguard Intermediate-Term Corporate Bond ETF (VCIT)
- Vanguard Short-Term Corporate Bond ETF (VCSH)
- SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB)
- State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB)
- Vanguard Long-Term Corporate Bond ETF (VCLT)
- SPDR Bloomberg Convertible Securities ETF (CWB)
- Fidelity Investment Grade Securitized ETF (FSEC)
- State Street SPDR Portfolio Corporate Bond ETF (SPBO)
Educational information, not investment advice. Disclaimer