EEV

ProShares UltraShort MSCI Emerging Markets
*Unless otherwise stated, data provided by FactSet.

EEV Fund Description

EEV provides (-2x) exposure to an index representing 85% of the market cap in emerging markets countries.

EEV Factset Analytics Insight

EEV is effectively a one-day bet against EEM—the popular emerging-markets ETF from iShares—with a leverage factor of 2 baked in. The fund promises daily (-2x) exposure to the MSCI Emerging Markets Index, which covers roughly 85% of the market cap in the emerging-markets universe. Note that it's also covering Korea and Taiwan, which some investors may not consider emerging markets. As with all daily leveraged and inverse products, EEV is designed as a trading vehicle, not as part of a longer-term asset allocation. In fact, anyone holding the fund for more than a day must adjust their exposure daily in order to avoid the effects of path dependency and positional decay. The good news is EEV gets good daily volume with tight spreads, so it should satisfy those looking to make intraday bets. Although EEV is expensive to hold, like all leveraged ETFs, the fund's target audience won't be holding it for long enough to be concerned about the high price tag.

EEV 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 12/07/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EEV 7.55% 4.66% 23.04% 10.74% -23.74% -12.85% -29.87%
EEV (NAV) 7.53% 4.56% 23.00% 10.58% -23.75% -12.87% -29.79%
MSCI Emerging Markets Index -1.61% -3.76% -13.41% -8.66% 9.20% 1.95% -29.79%
S&P GSCI -7.22% -9.64% -4.31% 1.72% 2.75% -12.71% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EEV Summary Data

ProShares
11/01/07
Open-Ended Fund
0.95%
$22.97M
0.17%

EEV Portfolio Data

0.15%
12/26/18

EEV Index Data

Market Cap
Market Cap
S&P GSCI

EEV Fund Structure

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

EEV Tax Exposures

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

EEV Factset Analytics Block Liquidity

As of 12/10/18
5
4
3
2
1

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

EEV Tradability

40,876
$2.13M
35,247
$1.76M
0.17%
$0.09
0.00%
0.39% / -0.52%
None
0.00%
50,000
0.70
0.01%
--
524
$51.39
5