EET

ProShares Ultra MSCI Emerging Markets

$80.17
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The EET ETF seeks to provide daily investment results that correspond to twice (2x) the daily performance of the MSCI Emerging Markets Index.

Overview

ETF tracking ProShares Ultra MSCI Emerging Markets

Issuer ProShares
Inception Date 2009-06-04
Market Cap $34.5M
Average Volume N/A
Dividend Yield 2.06%
52-Week Range $41.36 - $83.58
VWAP $80.19

Performance

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Investment Summary

📎 Investment Objective

The EET ETF seeks to provide daily investment results that correspond to twice (2x) the daily performance of the MSCI Emerging Markets Index.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to achieve its 2x leverage objective. It does not invest directly in the underlying stocks of the MSCI Emerging Markets Index.

✨ Key Features

  • Provides 2x the daily performance of the MSCI Emerging Markets Index
  • Utilizes derivatives and leverage to amplify index returns
  • Designed for short-term trading and not long-term buy-and-hold investing
  • Has low assets under management and a 0.00% expense ratio

⚠️ Primary Risks

  • Significant daily volatility and potential for large losses due to leverage
  • Tracking error risk, as the fund may not perfectly match 2x the index performance
  • Counterparty risk associated with the derivatives used to achieve leverage
  • Lack of long-term performance history to evaluate the fund's consistency

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors with a short-term trading horizon who seek to amplify their exposure to emerging market equities. It is not recommended for long-term, buy-and-hold investors due to the risks associated with daily leveraged performance.