ProShares Short High Yield

SJB provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years.

I'm concerned about the health of the high yield or "junk bond" market, which makes me a fan of SJB. It can profit from an unraveling of that market segment. This ETF is essentially the opposite of HYG, the giant high yield bond ETF that was once a holding in the Fed's portfolio.

SJB: This ETF Has Won Big At HYG's Expense, And Will Again

ProShares Short High Yield ETF is an inverse fund. The vehicle seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Markit iBoxx Liquid High Yield Index.

SJB: A Good Tool To Hedge High Yield CEFs

In my opinion, there are three reasons to hold a short position in high-yield debt. Interest rates are likely to continue to rise.

ProShares Short High Yield ETF: An Interesting Way To Play Tail Risk

SJB shorts high yield corporate bonds. The fund has been a winner this year amid rising rates.

SJB: Inverse Bond Fund Rallies As Interest Rates Climb And Credit Spreads Widen

iShares iBoxx High Yield Corporate Bond ETF

SPDR Bloomberg High Yield Bond ETF

Junk bond exchange traded funds have taken a beating this year, and the blows may not let up any time soon. Year-to-date, the iShares iBoxx $ High Yield Corp Bond ETF (NYSEArca: HYG) declined 10.4% and the SPDR Bloomberg Barclays High Yield Bond ETF (JNK) decreased 10.9%.

Junk Bond ETFs Still Have Some Hurdles to Cross

Invesco Senior Loan ETF

iShares Floating Rate Bond ETF

PIMCO Enhanced Short Maturity Active ETF

iShares Short Treasury Bond ETF

iShares 1-3 Year Treasury Bond ETF

Proshares Short 20+ Year Treasury

These ETFs could be useful if interest rates continue to increase.

ETFs For A Rising Rate Environment

The Federal Reserve is rushing to shore up various areas of the fixed income market, an effort that started with investment-grade corporate bonds and was later expanded to mortgage-backed securities and municipal bonds.

News for ProShares Short High Yield ETF (SJB)