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High-Yield ETF (HYHG) Hits New 52-Week High
For investors seeking momentum, ProShares High Yield—Interest Rate Hedged ETF HYHG is probably on the radar. The fund just hit a 52-week high and has gained 6.6% from its 52-week low of $61.49 per share.
Zacks | 1 year ago
HYHG: The Time Has Passed For Interest Rate Hedging High-Yield Bonds
ProShares High Yield—Interest Rate Hedged ETF effectively neutralizes interest rate risk in bond investing. The HYHG ETF combines high-yield bonds with an interest rate hedge, resulting in consistent yield and diversification across sectors. While advantageous in the past three years, HYHG may not be the ideal bond investment moving forward due to changing economic conditions and credit risk.
Seekingalpha | 2 years ago
