What is the ISIN of ProShares UltraShort FTSE Europe?

The ISIN of ProShares UltraShort FTSE Europe is US74349Y7206.

What does leveraged daily exposure mean for ProShares UltraShort FTSE Europe?

ProShares UltraShort FTSE Europe aims to deliver 2 times the daily return of FTSE (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect ProShares UltraShort FTSE Europe?

Volatility decay (also called compounding drag) occurs because ProShares UltraShort FTSE Europe 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.

Know before the market does.One step ahead of Buffett.Try the Terminal for free

ProShares UltraShort FTSE Europe (EPV) Price

ProShares UltraShort FTSE Europe Price

— EUR

TER0.95 %

AUM17.82 M USD

IndexFTSE Developed Europe All Cap

CurrencyUSD

Funds Launch6/16/2009

ProShares UltraShort FTSE Europe Price

Access this data via the Eulerpool API

Docs Get Free API Key

Underlying

FTSE

FTSE2X Short Daily

FTSE

ProShares UltraShort FTSE Europe provides 2X inversedaily exposure to FTSE.

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.