PGIM Short Duration HIgh Yield ETF (PSH) Price
PGIM Short Duration HIgh Yield ETF Price
Underlying
PGIM Short Duration HIgh Yield ETF provides 1X inversedaily exposure to PGIM.
PGIM Short Duration HIgh Yield ETF List of Holdings
Frequently asked questions about PGIM Short Duration HIgh Yield ETF
PGIM Short Duration HIgh Yield ETF is offered by PGIM, a leading player in the field of passive investments.
The ISIN of PGIM Short Duration HIgh Yield ETF is US69344A7845.
PGIM Short Duration HIgh Yield ETF aims to deliver 1 times the daily return of PGIM (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 1X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because PGIM Short Duration HIgh Yield ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 1X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like PGIM Short Duration HIgh Yield ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
PGIM Short Duration HIgh Yield ETF provides 1X daily short/inverse exposure to PGIM. When PGIM moves +1% in a day, PGIM Short Duration HIgh Yield ETF targets approximately 1% (before fees).
The total expense ratio of PGIM Short Duration HIgh Yield ETF is 0.45%, which means that investors pay 45.00 USD per 10,000 USD in investment capital annually.
The ETF is listed in USD.
European investors may incur additional costs for currency exchange and transaction fees.
No, PGIM Short Duration HIgh Yield ETF does not comply with the EU UCITS investor protection directives.
The current average trading volume of PGIM Short Duration HIgh Yield ETF is 19,105.96.
PGIM Short Duration HIgh Yield ETF is domiciled in US.
The fund was launched on 12/19/2023.
The PGIM Short Duration HIgh Yield ETF mainly invests in High-yielding companies.
The NAV of PGIM Short Duration HIgh Yield ETF amounts to 49.64 M USD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
PGIM Short Duration HIgh Yield ETF