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 07/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BZQ -18.48% -28.66% -39.70% -58.64% -42.94% -31.85% -27.62%
BZQ (NAV) -16.40% -29.17% -41.40% -60.78% -42.81% -31.32% -28.53%
MSCI Brazil 25/50 Index 8.49% 16.87% 23.30% 39.76% 16.29% 1.62% -28.53%
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%
$32.42M
0.09%

BZQ Portfolio Data

1.37%
09/25/19

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 07/19/19
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 N/A out of 5.

BZQ Tradability

158,125
$3.95M
128,644
$3.19M
0.09%
$0.02
-0.02%
0.95% / -0.53%
None
0.00%
25,000
5.15
0.05%
--
3,243
$20.83
N/A