ETF Quote Details
|NAV (month end)||37.58|
|Premium (+)/Discount (-) (month end)||+1.02|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$0.81 (2.13%)|
The index tracks the performance of long positions in the most recently issued 30-year TIPS bond & duration-adjusted short positions in US Treasury bonds of the closest maturity. The difference in yield between these bonds is commonly referred to as a breakeven rate of inflation & is considered to be a measure of the market expectations for inflation over a specified period of time.
ProShares Short 30 Year TIPS/TSY Spread seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones Credit Suisse 30-Year Inflation Breakeven Index.