What is the ISIN of ProShares UltraShort MSCI Brazil Capped?

The ISIN of ProShares UltraShort MSCI Brazil Capped is US74350P6189.

What does leveraged daily exposure mean for ProShares UltraShort MSCI Brazil Capped?

ProShares UltraShort MSCI Brazil Capped aims to deliver 2 times the daily return of MSCI (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 MSCI Brazil Capped?

Volatility decay (also called compounding drag) occurs because ProShares UltraShort MSCI Brazil Capped 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.

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ProShares UltraShort MSCI Brazil Capped (BZQ) Price

ProShares UltraShort MSCI Brazil Capped Price

— EUR

PRO

TER0.95 %

AUM2.99 M USD

IndexMSCI Brazil 25-50

CurrencyUSD

Funds Launch6/16/2009

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Underlying

MSCI

MSCI2X Short Daily

MSCI

ProShares UltraShort MSCI Brazil Capped provides 2X inversedaily exposure to MSCI.

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.