ProShares - UltraShort MSCI EAFE (EFU) Price
ProShares - UltraShort MSCI EAFE Price
Performance
Underlying
ProShares - UltraShort MSCI EAFE provides 2X inversedaily exposure to EFA.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
ETF Holdings by Sector
| Sector | Distribution |
|---|---|
Cash & Others | 100 % |
ProShares - UltraShort MSCI EAFE List of Holdings
| Company | Share |
|---|---|
Net Other Assets (Liabilities) | 100.00 % |
Frequently asked questions about ProShares - UltraShort MSCI EAFE
ProShares - UltraShort MSCI EAFE is offered by ProShares, a leading player in the field of passive investments.
The ISIN of ProShares - UltraShort MSCI EAFE is US74349Y7388.
ProShares - UltraShort MSCI EAFE aims to deliver 2 times the daily return of EFA (inverse). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because ProShares - UltraShort MSCI EAFE rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X 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 ProShares - UltraShort MSCI EAFE 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.
ProShares - UltraShort MSCI EAFE provides 2X daily inverse exposure to EFA. When EFA moves +1% in a day, ProShares - UltraShort MSCI EAFE targets approximately 2% (before fees).
The total expense ratio of ProShares - UltraShort MSCI EAFE is 7.29%, which means that investors pay 729.00 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, ProShares - UltraShort MSCI EAFE does not comply with the EU UCITS investor protection directives.
ProShares - UltraShort MSCI EAFE tracks the performance of the MSCI EAFE Index - USD.
The ETF invests in various sectors, with focuses on Cash & Others.
The current average trading volume of ProShares - UltraShort MSCI EAFE is 6,881.00.
ProShares - UltraShort MSCI EAFE is domiciled in US.
The fund was launched on 10/23/2007.
The ProShares - UltraShort MSCI EAFE mainly invests in Total Market companies.
The NAV of ProShares - UltraShort MSCI EAFE amounts to 7.26 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
ProShares - UltraShort MSCI EAFE