EUM

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

EUM Fund Description

EUM provides inverse exposure to an index representing 85% of the market cap in emerging markets countries.

EUM Factset Analytics Insight

EUM is the less aggressive of the funds providing inverse exposure to the MSCI Emerging Markets Index, offering -1x daily gearing. As such, it's worth noting that the index includes South Korea as emerging, which some other indices do not and which may change the type of exposure investors receive here. The fund, like its sister fund EDZ and Direxion's EEV, promises to provide its exposure on a daily basis. As such, it's not designed to be used as a long-term hedge against products like EEM, but rather, to be used as a short-term trading vehicle. Those holding EUM for longer than a day must be prepared to rebalance their investment in EUM every day in order to avoid being taken for a ride by the mechanics of path dependency and decay. Most investors will be looking at EUM for short-term positions, and will find a fairly robust and liquid market with small spreads. For those who do end up holding the fund for longer periods, EUM carries a hefty expense ratio, so the potential costs can add up in a hurry.

EUM MSCI ESG Analytics Insight

ProShares Short MSCI Emerging Markets has an MSCI ESG Fund Rating of A based on a score of 6.70 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares Short MSCI Emerging Markets ranks in the 83th percentile within its peer group and in the 76th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

EUM Charts And Performance

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PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EUM -5.20% 0.49% -7.26% -2.75% -8.02% -4.70% -7.74%
EUM (NAV) -4.45% 1.73% -6.81% -0.92% -7.65% -4.75% -7.69%
MSCI Emerging Markets Index 4.20% -1.01% 7.46% 1.14% 6.74% 1.67% -7.69%
S&P GSCI 4.90% 3.46% 12.55% -10.59% 4.26% -11.39% -5.22%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EUM Summary Data

ProShares
11/01/07
Open-Ended Fund
0.95%
$73.32M
0.05%

EUM Portfolio Data

1.54%
09/25/19

EUM Index Data

Market Cap
Market Cap
S&P GSCI

EUM Fund Structure

Yes
No
No Policy
N/A
N/A
High
-1
Daily

EUM Tax Exposures

20.00% / 39.60%
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No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

EUM Factset Analytics Block Liquidity

As of 09/20/19
5
4
3
2
1

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

EUM Tradability

594,634
$11.51M
413,044
$8.08M
0.05%
$0.01
0.00%
0.11% / -0.15%
None
0.00%
50,000
8.26
0.03%
--
141
$18.88
N/A

EUM MSCI ESG Ratings

A
6.70 / 10
75.93
83.42
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