EFO

📎 Investment Objective

The EFO - ProShares Ultra MSCI EAFE ETF seeks to provide 2x the daily return of the MSCI EAFE Index, which tracks the performance of large and mid-cap stocks in developed markets outside of the U.S. and Canada.

✨ Key Features

• Provides 2x the daily return of the MSCI EAFE Index
• Utilizes derivatives to achieve leveraged exposure
• Designed for short-term trading and not long-term buy-and-hold
• Has a very low expense ratio of 0.00%

⚠️ Primary Risks

• Significant risk of loss due to the leveraged nature of the fund
• Potential for volatility and large daily swings in performance
• Tracking error risk as the fund may not perfectly match 2x the index return
• Counterparty risk associated with the derivatives used

👤 Best For

This ETF is best suited for experienced, sophisticated investors with a high risk tolerance who are looking for short-term, leveraged exposure to developed international equity markets. It is not recommended for long-term buy-and-hold investors or those with a low risk appetite.