HYHG Fees and Costs — ProShares High Yield-Interest Rate Hedged
Data updated: 2026-08-14
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $19K in broker commissions, 0.0115% of average net assets, and portfolio turnover was 66%.
HYHG Fees and Expenses
Annual operating expenses and sales charges of HYHG. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
HYHG Costs Over Time
On $10,000 invested in HYHG, assuming 5% a year before costs, total costs come to $323 over 5 years, cutting the return by 0.54% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $54 | $177 | $323 |
| Value after costs | $10,446 | $11,400 | $12,440 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
HYHG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0115%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): $400.3M
- Portfolio turnover (prospectus): 66%
- Securities on loan, average value: $4.8M
- Net income from securities lending: $52K (0.031% of average net assets)
HYHG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $17K | 91.54% |
| Societe Generale | $2K | 8.46% |
HYHG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $120.7M | 30.17% |
| J.P. Morgan Securities LLC | $119.6M | 29.90% |
| Goldman Sachs & Co. LLC | $54.3M | 13.57% |
| I-Bankers Securities, Inc. | $29.9M | 7.46% |
| Jane Street Capital, LLC | $25.3M | 6.32% |
| Jefferies LLC | $24.7M | 6.17% |
| Citigroup Global Markets Inc. | $16.1M | 4.03% |
| Millennium Advisors, LLC | $8.3M | 2.07% |
| MarketAxess Corporation | $914K | 0.23% |
| UBS Securities LLC | $327K | 0.08% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.