ProShares Short High Yield (SJB) is an exchange-traded fund in the Trading Inverse Debt category. It has $56.05M in assets, an expense ratio of 0.95% and a 3.61% dividend yield. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is a market-value weighted index designed to provide a balanced representation of U.S. dollar denominated high yield corporate bonds for sale within the U.S. by means of including the most liquid high yield corporate bonds available as determined by a set of transparent and objective index rules. The fund is non-diversified.