EWV

ProShares Trust UltraShort MSCI Japan

$25.36
+0.00%
Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The ProShares UltraShort MSCI Japan ETF (EWV) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the MSCI Japan Index.

Overview

ETF tracking ProShares Trust UltraShort MSCI Japan

Category Country
Issuer ProShares
Inception Date 2008-11-12
Market Cap N/A
Average Volume N/A
Dividend Yield 4.32%
52-Week Range $25.12 - $49.50
VWAP $25.45

Performance

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Investment Summary

📎 Investment Objective

The ProShares UltraShort MSCI Japan ETF (EWV) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the MSCI Japan Index.

🎯 Investment Strategy

The fund uses a range of financial instruments such as swap agreements and futures contracts to achieve its investment objective. It aims to provide leveraged exposure to the Japanese equity market in order to benefit from declines in the underlying index.

✨ Key Features

  • Provides -2x daily leveraged exposure to the MSCI Japan Index
  • Designed for short-term trading and not long-term buy-and-hold investing
  • Highly volatile and speculative, not suitable for risk-averse investors
  • Very low assets under management and trading volume

⚠️ Primary Risks

  • Significant daily volatility and potential for large losses
  • Leverage risk - magnifies both gains and losses
  • Tracking error risk - may not perfectly match the -2x daily return of the index
  • Liquidity risk due to low trading volume and assets

👤 Best For

This ETF is intended for experienced, risk-tolerant traders who have a very short-term, speculative investment horizon and are seeking to profit from anticipated declines in the Japanese equity market. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.