BZQ

ProShares UltraShort MSCI Brazil Capped
*Unless otherwise stated, data provided by FactSet.

BZQ Fund Description

BZQ provides 2x leveraged inverse exposure to a market-cap-weighted index of mid- and large-cap companies operating in Brazil.

BZQ Factset Analytics Insight

BZQ is a -2x play on the MSCI Brazil 25/50 Index—a market-cap-weighted index of Brazilian large- and midcap stocks, which covers the vast majority of the market capitalization in Brazil. That makes it a bet against the financial sector in particular, which accounts for a large portion of the Brazilian equity market. The fund rebalances its leverage on daily basis, and is directly affected by issues of path dependency and compounding. As a result, its long-term returns are difficult to predict when compared with its underlying index. While its holding costs are reasonable for a levered product, the real concern for an intraday tool like this is trading costs. BZQ is good but not great for traders, despite the popularity of the space: daily volume is deep, but spreads still tend to be significant.

BZQ CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:
PERFORMANCE [as of 05/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BZQ 4.17% 15.49% -13.91% -34.02% -44.44% -28.07% --
BZQ (NAV) 4.30% 15.91% -13.70% -33.98% -44.45% -28.03% --
MSCI Brazil 25/50 Index -2.71% -9.80% 2.65% 6.93% 17.35% -0.65% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BZQ Summary Data

ProShares
06/16/09
Open-Ended Fund
0.95%
$31.34M
0.11%

BZQ Portfolio Data

0.66%
06/25/19

BZQ Index Data

Market Cap
Market Cap
N/A

BZQ Fund Structure

Yes
No
No Policy
N/A
N/A
High
-2
Daily

BZQ Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

BZQ Factset Analytics Block Liquidity

As of 05/22/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BZQ. BZQ is rated a 5 out of 5.

BZQ Tradability

130,436
$3.82M
111,579
$3.04M
0.11%
$0.03
0.00%
0.95% / -0.59%
None
0.00%
25,000
4.46
0.03%
--
2,738
$30.79
5