BZQ ProShares UltraShort MSCI Brazil Capped
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 Summary Data
BZQ Portfolio Data
BZQ Index Data
BZQ Fund Structure
BZQ Tax Exposures
BZQ Factset Analytics Block Liquidity
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
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