EEE

ProShares UltraShort MSCI EAFE

No trades
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Key stats


Assets under management (AUM)
‪505.92 K‬USD
Fund flows (1Y)
‪−324.46 K‬USD
Dividend yield (indicated)
2.96%
Discount/Premium to NAV
105.8%

About ProShares UltraShort MSCI EAFE


Issuer
ProShare Advisors LLC
Brand
ProShares
Expense ratio
0.95%
Home page
Inception date
Oct 23, 2007
Index tracked
MSCI EAFE
Management style
Passive
EFU provides daily geared inverse -2x exposure to the MSCI EAFE Index by holding swaps on the iShares MSCI EAFE ETF (EFA). The fund is designed to appreciate when the index falls. However due to the daily reset feature, investors shouldn't expect the return and leverage factor to remain consistent for more than a single day, meaning this is really a tactical tool rather than something to be held long-term. That also means that trading costs matter much more here than fees. The underlying index tends to have concentrated exposures to Japan and the UK (over 40% combined), making EFU a leveraged bet against Japan and the UK at its core. In addition, it is important to note that the value of the underlying index is not calculated as of the close of the US equity markets, due the difference in trading hours between US and foreign markets. It is important to understand these differences and the risks before investing.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 7, 2024
Exposure type
Bonds, Cash & Other
Government
Cash
Bonds, Cash & Other100.00%
Government76.58%
Cash23.42%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows