---
ticker: "HYHG"
name: "ProShares - High Yield - Interest Rate Hedged"
url: "https://etf.net/etf/HYHG"
grade: "D"
score: 32
graded_at: "2026-10-12"
category: "US High Yield"
category_rank: "73 of 85"
methodology: "https://etf.net/methodology"
---

# HYHG: ProShares - High Yield - Interest Rate Hedged

Grade **D**, Score 32 of 100. Rank 73 of 85 in US High Yield.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 36 | 52 of 85 |
| Mission | 0 | 72 of 74 |
| Risk | 47 | 52 of 85 |
| Tradability | 45 | 46 of 85 |
| Holdings | 47 | 56 of 85 |
| Durability | 75 | 17 of 85 |

## Top holdings

The fund holds 244 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Net Other Assets (Liabilities) | 4.29% |
| 2 | — | 1261229 BC LTD, 10%, due 2032-04-15 | 1.51% |
| 3 | — | MERIDIAN ARC HOLDCO LLC, 6.25%, due 2031-04-30 | 1.40% |
| 4 | — | CLOUD SOFTWARE GRP LLC, 6.5%, due 2029-03-31 | 1.37% |
| 5 | — | FLASH COMPUTE LLC, 7.25%, due 2030-12-31 | 1.25% |
| 6 | — | NEPTUNE BIDCO US INC, 9.29%, due 2029-04-15 | 1.07% |
| 7 | — | PR RNO PROPERTY OWNER 1, 6.5%, due 2031-05-01 | 1.04% |
| 8 | — | QUIKRETE HOLDINGS INC, 6.375%, due 2032-03-01 | 1.01% |
| 9 | — | GALAXY HELIOS DATA CNTR, 9.875%, due 2031-08-01 | 1.00% |
| 10 | — | TENET HEALTHCARE CORP, 6.125%, due 2030-06-15 | 0.97% |
| 11 | — | ASURION LLC/ASURION CO, 8%, due 2032-12-31 | 0.95% |
| 12 | — | HILTON DOMESTIC OPERATIN, 5.5%, due 2034-03-31 | 0.95% |
| 13 | LVLT | LEVEL 3 FINANCING INC, 6.875%, due 2033-06-30 | 0.95% |
| 14 | — | BLACK PEARL COMPUTE LLC, 6.125%, due 2031-02-15 | 0.93% |
| 15 | — | UNIVISION COMMUNICATIONS, 8.875%, due 2033-04-15 | 0.90% |
| 16 | — | ECHOSTAR CORP, 10.75%, due 2029-11-30 | 0.90% |
| 17 | — | CORE SCIENTIFIC FINANCE, 7.75%, due 2031-05-15 | 0.84% |
| 18 | — | DIRECTV FIN LLC/COINC, 10%, due 2031-02-15 | 0.83% |
| 19 | — | ALLIED UNIVERSAL HOLDCO, 7.875%, due 2031-02-15 | 0.82% |
| 20 | — | VENTURE GLOBAL LNG INC, 8.375%, due 2031-06-01 | 0.81% |
| 21 | — | CLEAR CHANNEL OUTDOOR HO, 7.125%, due 2031-02-15 | 0.79% |
| 22 | — | TRANSDIGM INC, 6.375%, due 2029-03-01 | 0.79% |
| 23 | IQV | IQVIA INC, 6.25%, due 2032-06-01 | 0.78% |
| 24 | — | SV RNO PROPERTY OWNER 1, 5.875%, due 2031-03-01 | 0.78% |
| 25 | — | CLOUD SOFTWARE GRP LLC, 9%, due 2029-09-30 | 0.74% |
| 26 | — | ROCKET COS INC, 6.375%, due 2033-08-01 | 0.73% |
| 27 | — | CRC INSURANCE GROUP LLC, 7.125%, due 2031-06-01 | 0.71% |
| 28 | — | MICHAELS COS INC/THE, 8.5%, due 2033-03-15 | 0.71% |
| 29 | — | APLD COMPUTECO 2 LLC, 6.75%, due 2031-03-15 | 0.68% |
| 30 | — | PETSMART LLC/PETSMART FI, 7.5%, due 2032-09-15 | 0.67% |

Source: etf.net, https://etf.net/etf/HYHG. Please cite the page URL.