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Proshares Ultra Investment Grade Corp

ProShares Ultra Investment Grade Corporate Bond ETF (Ticker symbol: IGU) is a popular exchange-traded fund (ETF) that seeks to provide double the daily performance of the investment-grade corporate bond market. IGU has been a cost-effective way for traders and investors to gain short-term exposure to high-quality, investment-grade bonds without investing extended periods.

Here are some key points to consider regarding IGU's historical performance, expenses, yield, and other relevant factors:

1. Inception Date: ProShares Ultra Investment Grade Corporate Bond ETF was launched on March 24, 28, by ProShares, a renowned provider of alternative exchange-traded funds.

2. Market Capitalization: As of March 2023, the fund's market capitalization is approximately $1.3 billion, indicating its size and liquidity.

3. Expense Ratio: IGU's expense ratio is 0.50% per annum. This means that an investor would be charged $50 for every $10,000 invested in the funder.

4. Yield: The fund's 30-day SEC yield is 4.41% (as of March 2023). This yield represents income earned by the fund's investments in high-grade corporate bonds.

5. Holdings: IGU tracks the DBIQ Optimum Yield Investment Grade Corporate Bond Index, which includes investment-grade corporate bonds with at least $300 million outstanding, a remaining maturity of one year or more, and a coupon that is at least 12.5% above the risk-free rate. The index is diverse across various industries, issuers, and maturities.

6. performance: IGU's one-year return (as of March 2023) is 21.23%, significantly higher than the category average of 11.72%. Its three-year return is 17.03%, and the five-year return is 11.79.%

7. Interest Rate Sensitivity: As an ultrashort-term bond ETF, IGU has minimal interest rate sensitivity, meaning that a 1% change in interest levels has historically resulted in less than a 1% impact on the ETF's net asset value (NAV).

Before investing in any security, it's essential to conduct thorough research, consider your individual financial circumstances and goals, and consult with a financial advisor or a registered investment advisor.