EFU

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

EFU Fund Description

EFU provides geared inverse (-2x) exposure to a market-cap-weighted index representing 85% of the market capitalization of each industry group in developed markets ex-North America.

EFU Factset Analytics Insight

EFU provides daily geared inverse (-2x) exposure to the MSCI EAFE Index by holding swaps on the iShares MSCI EAFE ETF (EFA). The fund is designed to appreciate when the index falls. The underlying index has concentrated exposures to Japan and the UK (over 40% combined), making EFU a leveraged bet against Japan and the UK at its core. The fund is also a pseudo-competitor to the iPath Short Enhanced MSCI EAFE Index ETN (MFSA), albeit one with a more straightforward fee and cost structure. EFU charges 95 bps and has very little in AUM. With relatively low daily trading volume and spreads higher than one would like, EFU’s on-screen liquidity is quite poor for a tactical tool.

EFU Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EFU -6.47% -1.40% -21.61% -4.49% -13.27% -9.77% -17.93%
EFU (NAV) -6.92% -1.50% -21.69% -4.67% -13.36% -9.80% -17.95%
MSCI EAFE Index 3.30% 0.68% 12.95% 2.21% 6.49% 2.70% -17.95%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EFU Summary Data

ProShares
10/23/07
Open-Ended Fund
0.95%
$2.07M
0.53%

EFU Portfolio Data

0.67%
09/25/19

EFU Index Data

MSCI EAFE Index
Market Cap
Market Cap
N/A

EFU Fund Structure

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

EFU 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

EFU Factset Analytics Block Liquidity

As of 09/13/19
5
4
3
2
1

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

EFU Tradability

2,284
$61.00K
363
$10.51K
0.53%
$0.13
-0.02%
1.83% / -1.89%
None
0.00%
50,000
0.01
0.02%
--
0
$23.42
N/A