EFZ

ProShares Trust Short MSCI EAFE

$13.12

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The EFZ ETF seeks to provide investment results that correspond to the inverse (-1x) of the daily performance of the MSCI EAFE Index.

Overview

ETF tracking ProShares Trust Short MSCI EAFE

Category International

Issuer ProShares

Inception Date 2008-11-12

Market Cap $7.2M

Average Volume N/A

Dividend Yield 4.79%

52-Week Range $12.88 - $17.27

VWAP $13.10

Performance

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Investment Summary

📎 Investment Objective

The EFZ ETF seeks to provide investment results that correspond to the inverse (-1x) of the daily performance of the MSCI EAFE Index.

🎯 Investment Strategy

The fund uses short positions and derivatives to track the inverse of the MSCI EAFE Index, which is designed to measure the equity market performance of developed markets outside of the U.S. and Canada. This allows investors to gain exposure to a potential decline in the international developed markets.

✨ Key Features

Inverse exposure to the MSCI EAFE Index, providing the potential to profit from declines in international developed markets
No leverage, so the fund aims for a -1x return relative to the index's daily performance
Low expense ratio of 0.00%
Relatively small asset base of $0

⚠️ Primary Risks

Inverse performance risk: The fund's returns will be the opposite of the index, so investors could lose money if the index rises
Tracking error risk: The fund may not perfectly track the inverse of the index due to factors like fees and market conditions
Liquidity risk: As a smaller ETF, trading could be less liquid compared to larger funds
Market risk: Exposure to international developed equity markets, which can be volatile

👤 Best For

This ETF may be suitable for experienced investors seeking to hedge or speculate on declines in international developed equity markets, as part of a diversified portfolio. It is a complex product that requires a good understanding of inverse and leveraged strategies.