EFU

📎 Investment Objective

The ProShares Trust UltraShort MSCI EAFE ETF (EFU) seeks to provide daily investment results that correspond to the inverse (-2x) of the daily performance of the MSCI EAFE Index.

✨ Key Features

• Provides -2x daily inverse exposure to the MSCI EAFE Index, which tracks the performance of large and mid-cap stocks in developed markets outside of the U.S. and Canada.
• Utilizes derivatives, such as futures and swaps, to achieve its investment objective.
• Designed for short-term trading and market timing, not long-term buy-and-hold investing.
• Has a very low expense ratio of 0.00%.

⚠️ Primary Risks

• Leveraged and inverse ETFs can be highly volatile and are not suitable for all investors.
• The fund's performance may not perfectly match the inverse of the underlying index due to the use of derivatives and other factors.
• Investing in international markets carries additional risks, such as currency fluctuations and political or economic instability.
• The fund may not be appropriate for investors with a long-term investment horizon.

👤 Best For

The ProShares Trust UltraShort MSCI EAFE ETF (EFU) is best suited for experienced, short-term traders and investors who are looking to hedge or speculate on the performance of developed international markets. It is not recommended for long-term, buy-and-hold investors due to the risks associated with leveraged and inverse ETFs.