EPV

ProShares UltraShort FTSE Europe

$23.85

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The ProShares UltraShort FTSE Europe ETF (EPV) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the FTSE Europe Index.

Overview

ETF tracking ProShares UltraShort FTSE Europe

Category Leveraged

Issuer ProShares

Inception Date 2009-06-18

Market Cap N/A

Average Volume N/A

Dividend Yield 5.03%

52-Week Range $23.21 - $42.23

VWAP $23.91

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The ProShares UltraShort FTSE Europe ETF (EPV) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the FTSE Europe Index.

🎯 Investment Strategy

The fund uses derivatives, such as futures contracts and swap agreements, to achieve its investment objective. It does not invest directly in the stocks that make up the FTSE Europe Index.

✨ Key Features

Provides leveraged inverse exposure to the European equity market
Aims to deliver -2x the daily return of the FTSE Europe Index
Utilizes derivatives to achieve its investment objective
Suitable for short-term, tactical trading rather than long-term buy-and-hold

⚠️ Primary Risks

Significant daily volatility and risk of large losses due to leverage
Potential for divergence between the fund's performance and the inverse of the index's performance
Counterparty risk associated with the use of derivatives
Lack of a track record, as the fund has not yet generated any returns

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who seek to make short-term, speculative bets against the European equity market. It is not suitable for long-term, buy-and-hold investors or those with a low risk tolerance.