BZQ

ProShares UltraShort MSCI Brazil Capped

$7.80

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The BZQ ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the MSCI Brazil 25/50 Index.

Overview

ETF tracking ProShares UltraShort MSCI Brazil Capped

Category Leveraged

Issuer ProShares

Inception Date 2009-06-18

Market Cap $4.4M

Average Volume N/A

Dividend Yield 7.01%

52-Week Range $7.67 - $19.61

VWAP $7.78

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The BZQ ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the MSCI Brazil 25/50 Index.

🎯 Investment Strategy

The fund uses swaps and other derivative instruments to achieve its investment objective. It aims to provide leveraged exposure to the Brazilian equity market, allowing investors to potentially profit from or hedge against declines in Brazilian stocks.

✨ Key Features

Provides 2x inverse (short) exposure to the MSCI Brazil 25/50 Index
Utilizes derivatives to achieve its leveraged investment objective
Designed for short-term, tactical trading rather than long-term buy-and-hold
Has not yet accumulated any assets under management

⚠️ Primary Risks

Significant leverage amplifies both gains and losses, increasing volatility
Potential for large and rapid losses if the underlying index rises
Tracking error risk due to the use of derivatives
Liquidity risk due to low trading volume and assets under management

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors seeking to make short-term, speculative bets against the Brazilian equity market. It is not recommended for long-term, buy-and-hold investors due to the risks associated with its leveraged nature.