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About ProShares UltraShort MSCI Japan
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Inception date
Nov 6, 2007
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
EWV provides 2x inverse levered exposure to the MSCI Japan Index, which aims to capture the broad Japanese equities market. The underlying index comprises of market-cap-weighted large- and midcap Japanese firms which covers approximately 85% of the Japanese investable universe. The fund achieves leverage primarily through the use of swap agreements. As a geared product with daily resets, EWV is not a buy-and-hold investment, and should not be expected to provide index leverage returns greater than a one day period. EWV is the inverse version of its sister fund EZJ, which provides 2x long exposure to the same index. On the other hand, unleveraged exposure can be attained through iShares EWJ.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EWV last dividends amounted to 0.19 USD. The quarter before, the issuer paid 0.16 USD in dividends, which shows a 13.46% increase.
EWV assets under management is 5.20 M USD. It's fallen 29.49% over the last month.
EWV fund flows account for 1.12 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EWV pays dividends to its holders with the dividend yield of 3.85%. The last dividend (Jul 1, 2025) amounted to 0.19 USD. The dividends are paid quarterly.
EWV shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Nov 6, 2007, and its management style is Passive.
EWV expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
EWV follows the MSCI Japan. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EWV invests in cash.
EWV price has fallen by −12.10% over the last month, and its yearly performance shows a −36.57% decrease. See more dynamics on EWV price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −12.04% over the last month, showed a −16.39% decrease in three-month performance and has decreased by −38.32% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −12.04% over the last month, showed a −16.39% decrease in three-month performance and has decreased by −38.32% in a year.
EWV trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.