EEV

ProShares Trust UltraShort MSCI Emerging Markets

$9.65

+0.00%

Market closed. Last update: 11:45 PM ET

📎 Investment Objective

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

Overview

ETF tracking ProShares Trust UltraShort MSCI Emerging Markets

Category Emerging Markets

Issuer ProShares

Inception Date 2008-11-12

Market Cap $3.2M

Average Volume N/A

Dividend Yield 6.36%

52-Week Range $9.29 - $20.25

VWAP $9.72

Performance

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Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The fund uses swaps and other derivative instruments to achieve its investment objective of providing inverse exposure to the MSCI Emerging Markets Index. It does not actually invest directly in the underlying stocks that make up the index.

✨ Key Features

Provides -2x daily inverse exposure to the MSCI Emerging Markets Index
Utilizes swaps and other derivatives to achieve its investment objective
Designed for short-term, speculative trading rather than long-term buy-and-hold investing
Has low assets under management and has not been actively traded in recent years

⚠️ Primary Risks

Significant daily rebalancing risk due to the leveraged inverse nature of the fund
Potential for large losses if the underlying index rises in value
Lack of liquidity and trading volume which can impact bid-ask spreads and execution prices
Counterparty risk associated with the derivative instruments used

👤 Best For

This ETF is designed for experienced, sophisticated investors who have a high risk tolerance and are looking for short-term, speculative exposure to emerging markets through a leveraged inverse strategy. It is not suitable for long-term, buy-and-hold investors.